Saxon Interests Inc. Has $410,000 Stock Holdings in The GEO Group, Inc. (NYSE:GEO)

Saxon Interests Inc. reduced its holdings in The GEO Group, Inc. (NYSE:GEO) by 6.9% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 14,638 shares of the real estate investment trust’s stock after selling 1,087 shares during the quarter. Saxon Interests Inc.’s holdings in The GEO Group were worth $410,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. GAMMA Investing LLC increased its holdings in The GEO Group by 18.6% in the fourth quarter. GAMMA Investing LLC now owns 8,155 shares of the real estate investment trust’s stock valued at $228,000 after purchasing an additional 1,281 shares during the period. B. Riley Wealth Advisors Inc. increased its stake in shares of The GEO Group by 3.5% in the third quarter. B. Riley Wealth Advisors Inc. now owns 201,150 shares of the real estate investment trust’s stock valued at $2,607,000 after buying an additional 6,850 shares during the period. Tidal Investments LLC raised its position in shares of The GEO Group by 27.9% during the third quarter. Tidal Investments LLC now owns 22,000 shares of the real estate investment trust’s stock worth $283,000 after acquiring an additional 4,800 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of The GEO Group by 3.3% in the third quarter. Geode Capital Management LLC now owns 3,016,103 shares of the real estate investment trust’s stock worth $38,765,000 after acquiring an additional 97,452 shares during the period. Finally, Barclays PLC boosted its holdings in The GEO Group by 374.6% in the third quarter. Barclays PLC now owns 216,447 shares of the real estate investment trust’s stock valued at $2,781,000 after acquiring an additional 170,839 shares during the last quarter. Institutional investors own 76.10% of the company’s stock.

The GEO Group Stock Up 1.7 %

Shares of NYSE:GEO opened at $34.56 on Friday. The company has a market capitalization of $4.83 billion, a PE ratio of 118.96, a price-to-earnings-growth ratio of 2.44 and a beta of 0.87. The GEO Group, Inc. has a 1 year low of $10.47 and a 1 year high of $34.85. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.10 and a quick ratio of 1.10. The business has a fifty day moving average price of $28.33 and a two-hundred day moving average price of $19.20.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Noble Financial lowered The GEO Group from an “outperform” rating to a “market perform” rating in a research report on Monday, November 11th. Wedbush reiterated an “outperform” rating on shares of The GEO Group in a report on Tuesday, December 17th. Finally, Northland Securities raised their price objective on The GEO Group from $16.00 to $37.00 and gave the company an “outperform” rating in a research note on Friday, November 8th.

The GEO Group Profile

The GEO Group, Inc (NYSE: GEO) engages in ownership, leasing, and management of secure facilities, processing centers, and community-based reentry facilities in the United States, Australia, the United Kingdom, and South Africa. The company also provides secure facility management services, including the provision of security, administrative, rehabilitation, education, and food services; reentry services, such as temporary housing, programming, employment assistance, and other services; electronic monitoring and supervision services; and transportation services; as well as designs, constructs, and finances new facilities through projects.