Barrow Hanley Mewhinney & Strauss LLC Acquires New Position in Geo Group Inc (The) $GEO

Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in shares of Geo Group Inc (The) (NYSE:GEO) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 4,325,296 shares of the real estate investment trust’s stock, valued at approximately $88,625,000. Barrow Hanley Mewhinney & Strauss LLC owned approximately 3.11% of Geo Group as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Geneos Wealth Management Inc. boosted its holdings in shares of Geo Group by 245.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,101 shares of the real estate investment trust’s stock valued at $26,000 after buying an additional 782 shares during the period. NewEdge Advisors LLC raised its stake in Geo Group by 81.9% during the first quarter. NewEdge Advisors LLC now owns 1,864 shares of the real estate investment trust’s stock worth $54,000 after acquiring an additional 839 shares during the period. LSV Asset Management acquired a new stake in Geo Group during the third quarter worth about $61,000. Covestor Ltd lifted its holdings in Geo Group by 18.9% in the third quarter. Covestor Ltd now owns 3,887 shares of the real estate investment trust’s stock worth $80,000 after acquiring an additional 617 shares during the last quarter. Finally, Militia Capital Partners LP boosted its stake in Geo Group by 122.6% in the second quarter. Militia Capital Partners LP now owns 6,900 shares of the real estate investment trust’s stock valued at $165,000 after acquiring an additional 3,800 shares during the period. Institutional investors and hedge funds own 76.10% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on GEO. Wall Street Zen cut Geo Group from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Weiss Ratings restated a “hold (c)” rating on shares of Geo Group in a research report on Monday, December 29th. JonesTrading dropped their price objective on shares of Geo Group from $37.00 to $33.00 and set a “buy” rating on the stock in a report on Friday, February 13th. Finally, Zacks Research upgraded shares of Geo Group from a “strong sell” rating to a “hold” rating in a research report on Friday, January 9th. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $34.67.

Insider Activity

In related news, Director Scott Michael Kernan sold 6,633 shares of the stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $15.24, for a total value of $101,086.92. Following the completion of the transaction, the director owned 27,062 shares in the company, valued at $412,424.88. This trade represents a 19.69% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 4.60% of the stock is owned by insiders.

Geo Group Trading Up 2.4%

Geo Group stock opened at $14.09 on Wednesday. Geo Group Inc has a 12-month low of $12.51 and a 12-month high of $32.09. The company has a debt-to-equity ratio of 1.10, a current ratio of 2.01 and a quick ratio of 2.01. The stock has a market capitalization of $1.89 billion, a PE ratio of 7.74 and a beta of 0.77. The firm has a 50 day simple moving average of $15.80 and a 200-day simple moving average of $17.23.

Geo Group (NYSE:GEO) last issued its quarterly earnings results on Thursday, February 12th. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.25. Geo Group had a return on equity of 8.36% and a net margin of 9.67%.The company had revenue of $707.70 million for the quarter, compared to analysts’ expectations of $667.23 million. During the same period last year, the firm earned $0.13 EPS. The firm’s revenue for the quarter was up 16.5% on a year-over-year basis. Geo Group has set its Q1 2026 guidance at 0.170-0.190 EPS and its FY 2026 guidance at 0.990-1.070 EPS. As a group, equities research analysts expect that Geo Group Inc will post 0.83 EPS for the current fiscal year.

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.