The GEO Group, Inc. (NYSE:GEO) Shares Acquired by Swiss National Bank

Swiss National Bank increased its position in The GEO Group, Inc. (NYSE:GEO – Get Rating) by 1.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 299,600 shares of the real estate investment trust’s stock after acquiring an additional 5,300 shares during the period. Swiss National Bank owned approximately 0.24% of The GEO Group worth $3,281,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. BlackRock Inc. increased its holdings in shares of The GEO Group by 0.7% in the 3rd quarter. BlackRock Inc. now owns 18,345,243 shares of the real estate investment trust’s stock worth $141,260,000 after acquiring an additional 135,409 shares during the period. Vanguard Group Inc. increased its holdings in shares of The GEO Group by 2.0% in the 3rd quarter. Vanguard Group Inc. now owns 13,853,097 shares of the real estate investment trust’s stock worth $106,668,000 after acquiring an additional 272,627 shares during the period. State Street Corp increased its holdings in shares of The GEO Group by 0.4% in the 3rd quarter. State Street Corp now owns 4,822,760 shares of the real estate investment trust’s stock worth $37,135,000 after acquiring an additional 19,042 shares during the period. Two Sigma Advisers LP increased its holdings in shares of The GEO Group by 42.1% in the 3rd quarter. Two Sigma Advisers LP now owns 2,221,649 shares of the real estate investment trust’s stock worth $17,107,000 after acquiring an additional 658,500 shares during the period. Finally, Two Sigma Investments LP increased its holdings in shares of The GEO Group by 87.8% in the 3rd quarter. Two Sigma Investments LP now owns 2,039,890 shares of the real estate investment trust’s stock worth $15,707,000 after acquiring an additional 953,567 shares during the period. Institutional investors and hedge funds own 76.58% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on shares of The GEO Group in a research note on Thursday, May 18th. They set a “hold” rating on the stock.

The GEO Group Stock Down 0.6 %

The GEO Group stock opened at $8.17 on Tuesday. The stock has a market cap of $1.03 billion, a price-to-earnings ratio of 7.43, a PEG ratio of 0.87 and a beta of 0.72. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 1.57. The company’s 50-day moving average price is $7.92 and its two-hundred day moving average price is $9.57. The GEO Group, Inc. has a 52 week low of $5.97 and a 52 week high of $12.44.

Insider Buying and Selling at The GEO Group

In other The GEO Group news, SVP James H. Black sold 12,837 shares of the firm’s stock in a transaction dated Wednesday, May 17th. The shares were sold at an average price of $8.36, for a total transaction of $107,317.32. Following the transaction, the senior vice president now owns 155,965 shares of the company’s stock, valued at approximately $1,303,867.40. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 5.30% of the stock is owned by corporate insiders.

About The GEO Group

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The GEO Group, Inc engages in the design, financing, development, and support services for secure facilities, processing centers, and community re-entry facilities. It operates through the following segments: U.S. Secure, Electronic Monitoring and Supervision, Reentry, and International Services. The U.S.