Thompson Siegel & Walmsley LLC Sells 464,416 Shares of The GEO Group, Inc. (NYSE:GEO)

Thompson Siegel & Walmsley LLC reduced its stake in The GEO Group, Inc. (NYSE:GEO) by 58.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 333,155 shares of the real estate investment trust’s stock after selling 464,416 shares during the quarter. Thompson Siegel & Walmsley LLC’s holdings in The GEO Group were worth $9,322,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in GEO. Point72 Asset Management L.P. boosted its position in shares of The GEO Group by 363.5% in the 3rd quarter. Point72 Asset Management L.P. now owns 702,107 shares of the real estate investment trust’s stock worth $9,022,000 after purchasing an additional 968,601 shares in the last quarter. Hodges Capital Management Inc. boosted its position in shares of The GEO Group by 1,501.6% in the 3rd quarter. Hodges Capital Management Inc. now owns 788,800 shares of the real estate investment trust’s stock worth $10,136,000 after purchasing an additional 739,550 shares in the last quarter. Nisa Investment Advisors LLC boosted its position in shares of The GEO Group by 91.9% in 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 purchasing an additional 411,565 shares in the last quarter. Philosophy Capital Management LLC boosted its position in shares of The GEO Group by 17.1% in the 3rd quarter. Philosophy Capital Management LLC now owns 1,644,005 shares of the real estate investment trust’s stock worth $21,125,000 after purchasing an additional 240,251 shares in the last quarter. Finally, Pinnbrook Capital Management LP bought a new position in The GEO Group in the 4th quarter valued at approximately $4,837,000. 76.10% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. UBS Group set a $32.00 price objective on The GEO Group in a research report on Wednesday, March 5th. Wedbush reaffirmed an “outperform” rating on shares of The GEO Group in a research report on Tuesday, December 17th. Finally, Noble Financial raised The GEO Group from a “market perform” rating to an “outperform” rating and set a $32.00 price objective on the stock in a research report on Wednesday, March 5th.

The GEO Group Price Performance

Shares of GEO opened at $25.44 on Friday. The firm has a market cap of $3.57 billion, a PE ratio of 87.73, a P/E/G ratio of 2.11 and a beta of 0.91. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.25. The firm has a fifty day simple moving average of $28.94 and a two-hundred day simple moving average of $23.01. The GEO Group, Inc. has a 1-year low of $11.75 and a 1-year high of $36.46.

The GEO Group (NYSE:GEO) last announced its earnings results on Thursday, February 27th. The real estate investment trust reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.08). The company had revenue of $607.72 million for the quarter, compared to analysts’ expectations of $607.45 million. The GEO Group had a net margin of 2.00% and a return on equity of 9.20%. On average, equities analysts anticipate that The GEO Group, Inc. will post 0.83 EPS for the current year.

The GEO Group Company 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.