Yousif Capital Management LLC Has $656,000 Stake in The GEO Group, Inc. (NYSE:GEO)

Yousif Capital Management LLC lowered its stake in The GEO Group, Inc. (NYSE:GEO) by 3.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 60,547 shares of the real estate investment trust’s stock after selling 2,165 shares during the period. Yousif Capital Management LLC’s holdings in The GEO Group were worth $656,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. GAMMA Investing LLC acquired a new stake in shares of The GEO Group in the 4th quarter valued at $48,000. Byrne Asset Management LLC raised its holdings in The GEO Group by 47.8% during the 4th quarter. Byrne Asset Management LLC now owns 6,800 shares of the real estate investment trust’s stock worth $76,000 after purchasing an additional 2,200 shares during the last quarter. Privium Fund Management UK Ltd acquired a new position in The GEO Group during the 3rd quarter valued at about $109,000. QRG Capital Management Inc. acquired a new position in The GEO Group during the 3rd quarter valued at about $116,000. Finally, Waters Parkerson & CO. LLC bought a new position in shares of The GEO Group in the 3rd quarter valued at about $123,000. Institutional investors own 76.10% of the company’s stock.

Insider Buying and Selling

In other The GEO Group news, CFO Shayn P. March sold 2,500 shares of the company’s stock in a transaction that occurred on Friday, April 5th. The shares were sold at an average price of $15.00, for a total value of $37,500.00. Following the completion of the sale, the chief financial officer now owns 67,830 shares of the company’s stock, valued at $1,017,450. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 5.00% of the stock is owned by insiders.

The GEO Group Stock Down 2.2 %

NYSE:GEO opened at $14.65 on Monday. The stock’s fifty day simple moving average is $13.92 and its 200-day simple moving average is $11.66. The firm has a market capitalization of $1.86 billion, a P/E ratio of 19.28, a P/E/G ratio of 1.45 and a beta of 0.59. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 1.34. The GEO Group, Inc. has a 12-month low of $6.94 and a 12-month high of $16.31.

The GEO Group (NYSE:GEO) last issued its earnings results on Thursday, February 15th. The real estate investment trust reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.11. The firm had revenue of $608.28 million for the quarter, compared to analysts’ expectations of $597.47 million. The GEO Group had a return on equity of 9.43% and a net margin of 4.72%. During the same quarter last year, the business earned $0.58 earnings per share. Equities research analysts expect that The GEO Group, Inc. will post 1.01 earnings per share for the current year.

Analyst Ratings Changes

Separately, Wedbush boosted their price target on shares of The GEO Group from $15.00 to $22.00 and gave the stock an “outperform” rating in a research note on Monday, April 8th.

About The GEO Group

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.