Hodges Capital Management Inc. Has $8.93 Million Position in Geo Group Inc (The) $GEO

Hodges Capital Management Inc. lessened its position in Geo Group Inc (The) (NYSE:GEO) by 42.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 554,240 shares of the real estate investment trust’s stock after selling 401,146 shares during the period. Hodges Capital Management Inc. owned 0.40% of Geo Group worth $8,934,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of GEO. Turiya Advisors Asia Ltd acquired a new position in Geo Group in the 3rd quarter worth about $115,664,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in Geo Group in the 3rd quarter worth about $88,625,000. Rubric Capital Management LP increased its holdings in Geo Group by 139.5% in the 3rd quarter. Rubric Capital Management LP now owns 2,986,915 shares of the real estate investment trust’s stock worth $61,202,000 after purchasing an additional 1,739,522 shares in the last quarter. UBS Group AG increased its stake in shares of Geo Group by 56.5% in the third quarter. UBS Group AG now owns 3,603,288 shares of the real estate investment trust’s stock valued at $73,831,000 after buying an additional 1,300,139 shares during the period. Finally, Cooper Creek Partners Management LLC increased its stake in shares of Geo Group by 32.7% in the third quarter. Cooper Creek Partners Management LLC now owns 4,974,772 shares of the real estate investment trust’s stock valued at $101,933,000 after buying an additional 1,224,847 shares during the period. Institutional investors and hedge funds own 76.10% of the company’s stock.

Geo Group Trading Up 4.5%

Shares of GEO stock opened at $28.23 on Thursday. The stock has a market cap of $3.77 billion, a price-to-earnings ratio of 14.33 and a beta of 0.87. The stock has a 50-day moving average of $20.94 and a 200-day moving average of $17.75. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 1.06. Geo Group Inc has a 1-year low of $12.51 and a 1-year high of $28.50.

Geo Group (NYSE:GEO) last announced its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.29 EPS for the quarter, beating 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 company had revenue of $705.21 million for the quarter, compared to analyst estimates of $688.89 million. During the same quarter in the prior year, the company earned $0.14 EPS. The firm’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. On average, equities research analysts forecast that Geo Group Inc will post 1.2 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on GEO. Wall Street Zen cut Geo Group from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. JonesTrading decreased their price target on Geo Group from $37.00 to $33.00 and set a “buy” rating for the company in a research note on Friday, March 20th. Finally, Weiss Ratings raised Geo Group from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday. Two research 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 an average 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.