Intech Investment Management LLC Sells 24,133 Shares of Geo Group Inc (The) $GEO

Intech Investment Management LLC decreased its stake in Geo Group Inc (The) (NYSE:GEO) by 24.6% during the 4th quarter, HoldingsChannel reports. The fund owned 73,830 shares of the real estate investment trust’s stock after selling 24,133 shares during the period. Intech Investment Management LLC’s holdings in Geo Group were worth $1,190,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Ballast Asset Management LP grew its stake in shares of Geo Group by 42.5% in the fourth quarter. Ballast Asset Management LP now owns 257,858 shares of the real estate investment trust’s stock worth $4,157,000 after acquiring an additional 76,927 shares during the last quarter. IFP Advisors Inc acquired a new stake in shares of Geo Group in the fourth quarter worth $30,000. Covestor Ltd grew its stake in shares of Geo Group by 16.6% in the fourth quarter. Covestor Ltd now owns 4,533 shares of the real estate investment trust’s stock worth $73,000 after acquiring an additional 646 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in shares of Geo Group by 8.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 12,528 shares of the real estate investment trust’s stock worth $202,000 after acquiring an additional 1,021 shares during the last quarter. Finally, ProShare Advisors LLC grew its stake in shares of Geo Group by 3.0% in the fourth quarter. ProShare Advisors LLC now owns 26,333 shares of the real estate investment trust’s stock worth $424,000 after acquiring an additional 772 shares during the last quarter. Institutional investors and hedge funds own 76.10% of the company’s stock.

Geo Group Stock Up 0.3%

Shares of GEO stock opened at $25.24 on Friday. The stock has a market cap of $3.37 billion, a P/E ratio of 12.81 and a beta of 0.87. Geo Group Inc has a one year low of $12.51 and a one year high of $27.90. The stock has a fifty day moving average price of $20.31 and a 200 day moving average price of $17.47. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.75 and a quick ratio of 1.75.

Geo Group (NYSE:GEO) last released its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.10. Geo Group had a return on equity of 9.43% and a net margin of 10.00%.The firm had revenue of $705.21 million during the quarter, compared to analyst estimates of $688.89 million. During the same period in the prior year, the company posted $0.14 earnings per share. The business’s revenue for the quarter was up 16.6% compared to the same quarter last year. Geo Group has set its FY 2026 guidance at 1.150-1.250 EPS and its Q2 2026 guidance at 0.250-0.290 EPS. Analysts predict that Geo Group Inc will post 1.2 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Wall Street Zen downgraded shares of Geo Group from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. JonesTrading lowered their price objective on shares of Geo Group from $37.00 to $33.00 and set a “buy” rating on the stock in a research note on Friday, March 20th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Geo Group in a research note on Friday, March 27th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Geo Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $34.50.

About Geo Group

The GEO Group (NYSE:GEO) is a leading provider of correctional, detention and community reentry services to government agencies around the world. As a real estate investment trust, the company specializes in the design, financing, development and operation of secure facilities for adult and juvenile offenders, immigration detainees and individuals requiring mental health treatment or substance abuse programming. GEO’s integrated service model also encompasses electronic monitoring, rehabilitative programming and post-release supervision aimed at reducing recidivism and enhancing public safety.

GEO’s portfolio spans a range of facility types, including medium- and maximum-security correctional institutions, residential reentry centers, mental health treatment units and immigration detention centers.