DGS Capital Management LLC Has $401,000 Position in The GEO Group, Inc. (NYSE:GEO)

DGS Capital Management LLC cut its position in shares of The GEO Group, Inc. (NYSE:GEO) by 6.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 14,319 shares of the real estate investment trust’s stock after selling 943 shares during the quarter. DGS Capital Management LLC’s holdings in The GEO Group were worth $401,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Nisa Investment Advisors LLC grew its stake in shares of The GEO Group by 91.9% during the 4th quarter. Nisa Investment Advisors LLC now owns 859,528 shares of the real estate investment trust’s stock worth $24,050,000 after acquiring an additional 411,565 shares in the last quarter. Crossmark Global Holdings Inc. acquired a new position in The GEO Group during the fourth quarter worth $207,000. RoundAngle Advisors LLC bought a new position in The GEO Group in the fourth quarter valued at $806,000. GAMMA Investing LLC increased its stake in The GEO Group by 18.6% in the 4th quarter. GAMMA Investing LLC now owns 8,155 shares of the real estate investment trust’s stock valued at $228,000 after buying an additional 1,281 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. lifted its position in The GEO Group by 3.5% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 201,150 shares of the real estate investment trust’s stock worth $2,607,000 after buying an additional 6,850 shares in the last quarter. Institutional investors and hedge funds own 76.10% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. 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 report on Friday, November 8th. Wedbush restated an “outperform” rating on shares of The GEO Group in a research note on Tuesday, December 17th. Finally, Noble Financial cut The GEO Group from an “outperform” rating to a “market perform” rating in a research note on Monday, November 11th.

The GEO Group Trading Down 1.2 %

Shares of NYSE:GEO opened at $33.07 on Friday. The company has a 50-day simple moving average of $29.36 and a 200 day simple moving average of $20.04. The company has a market capitalization of $4.62 billion, a P/E ratio of 114.02, a price-to-earnings-growth ratio of 2.71 and a beta of 0.87. The company has a debt-to-equity ratio of 1.25, a quick ratio of 1.10 and a current ratio of 1.10. The GEO Group, Inc. has a 52-week low of $11.01 and a 52-week high of $36.46.

The GEO Group (NYSE:GEO) last posted its quarterly earnings results on Thursday, November 7th. The real estate investment trust reported $0.21 earnings per share for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.03). The GEO Group had a net margin of 2.00% and a return on equity of 9.20%. The business had revenue of $603.13 million during the quarter, compared to the consensus estimate of $611.69 million. During the same quarter last year, the company posted $0.19 EPS. Sell-side analysts forecast that The GEO Group, Inc. will post 0.83 earnings per share for the current year.

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.