Raymond James & Associates cut its stake in shares of CoreCivic, Inc. (NYSE:CXW – Get Rating) by 2.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 546,703 shares of the real estate investment trust’s stock after selling 12,699 shares during the period. Raymond James & Associates’ holdings in CoreCivic were worth $6,320,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Boston Partners acquired a new position in shares of CoreCivic during the 4th quarter worth about $19,800,000. Commonwealth Equity Services LLC increased its position in shares of CoreCivic by 19.0% in the 4th quarter. Commonwealth Equity Services LLC now owns 24,318 shares of the real estate investment trust’s stock valued at $281,000 after buying an additional 3,887 shares in the last quarter. LPL Financial LLC lifted its holdings in CoreCivic by 7.1% during the fourth quarter. LPL Financial LLC now owns 18,253 shares of the real estate investment trust’s stock worth $211,000 after acquiring an additional 1,207 shares in the last quarter. ProShare Advisors LLC grew its stake in CoreCivic by 12.2% in the fourth quarter. ProShare Advisors LLC now owns 18,043 shares of the real estate investment trust’s stock valued at $209,000 after acquiring an additional 1,967 shares during the period. Finally, Bank of Montreal Can grew its stake in CoreCivic by 58.4% in the fourth quarter. Bank of Montreal Can now owns 17,406 shares of the real estate investment trust’s stock valued at $210,000 after acquiring an additional 6,416 shares during the period. Institutional investors own 80.87% of the company’s stock.
Analysts Set New Price Targets
A number of research firms have recently commented on CXW. Wedbush dropped their price target on CoreCivic from $15.00 to $10.50 in a research report on Monday, May 8th. StockNews.com assumed coverage on shares of CoreCivic in a research report on Thursday. They set a “buy” rating for the company.
CoreCivic Stock Performance
CoreCivic, Inc operates as a government solutions company, which engages in the development and management of prisons and other correctional facilities. It operates through the following segments: Safety, Community, and Properties. The Safety segment consists of correctional and detention facilities.
- Get a free copy of the StockNews.com research report on CoreCivic (CXW)
- MarketBeat Week in Review – 5/15 – 5/19
- Applied Materials: Cracks In The Chip Recovery Or Time To Buy?
- Deere & Company Rallies On Farm Equipment Boom, Bullish Outlook
- How Many Roth IRAs Can You Have?
- Why You Should Consider Buying Nvidia Ahead Of Earnings
Want to see what other hedge funds are holding CXW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CoreCivic, Inc. (NYSE:CXW – Get Rating).
Receive News & Ratings for CoreCivic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CoreCivic and related companies with MarketBeat.com's FREE daily email newsletter.