State of Alaska Department of Revenue Acquires 32,890 Shares of Geo Group Inc (The) $GEO

State of Alaska Department of Revenue increased its holdings in Geo Group Inc (The) (NYSE:GEO) by 42.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 110,776 shares of the real estate investment trust’s stock after purchasing an additional 32,890 shares during the period. State of Alaska Department of Revenue owned approximately 0.08% of Geo Group worth $1,785,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Y Intercept Hong Kong Ltd bought a new stake in Geo Group in the third quarter worth $1,283,000. SG Americas Securities LLC boosted its holdings in Geo Group by 1,250.5% in the fourth quarter. SG Americas Securities LLC now owns 503,546 shares of the real estate investment trust’s stock worth $8,117,000 after purchasing an additional 466,261 shares in the last quarter. WINTON GROUP Ltd boosted its holdings in Geo Group by 836.6% in the third quarter. WINTON GROUP Ltd now owns 279,982 shares of the real estate investment trust’s stock worth $5,737,000 after purchasing an additional 250,090 shares in the last quarter. Matauro LLC bought a new stake in Geo Group in the fourth quarter worth $1,738,000. Finally, Federated Hermes Inc. boosted its holdings in Geo Group by 1,273.1% in the third quarter. Federated Hermes Inc. now owns 293,151 shares of the real estate investment trust’s stock worth $6,007,000 after purchasing an additional 271,802 shares in the last quarter. 76.10% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on GEO. Zacks Research raised shares of Geo Group from a “strong sell” rating to a “hold” rating in a research report on Friday, January 9th. Wall Street Zen lowered shares of Geo Group from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Weiss Ratings reissued a “hold (c)” rating on shares of Geo Group in a research report on Friday, March 27th. Finally, JonesTrading cut their target price on shares of Geo Group from $37.00 to $33.00 and set a “buy” rating for the company in a research report on Friday, March 20th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $34.50.

Geo Group Stock Up 0.0%

Geo Group stock opened at $18.61 on Monday. The firm has a market cap of $2.47 billion, a price-to-earnings ratio of 10.22 and a beta of 0.69. The company has a debt-to-equity ratio of 1.10, a current ratio of 2.01 and a quick ratio of 2.01. Geo Group Inc has a fifty-two week low of $12.51 and a fifty-two week high of $32.09. The firm has a fifty day moving average price of $15.93 and a two-hundred day moving average price of $16.38.

Geo Group (NYSE:GEO) last released its earnings results on Thursday, February 12th. The real estate investment trust reported $0.25 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.25. The firm had revenue of $707.70 million during the quarter, compared to analyst estimates of $667.23 million. Geo Group had a net margin of 9.67% and a return on equity of 8.36%. The business’s revenue was up 16.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.13 EPS. 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, analysts forecast that Geo Group Inc will post 0.83 earnings per share for the current year.

Insider Activity at Geo Group

In other news, Director Scott Michael Kernan sold 6,633 shares of the company’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $15.24, for a total transaction of $101,086.92. Following the completion of the transaction, the director owned 27,062 shares of the company’s stock, valued at approximately $412,424.88. This represents a 19.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 4.98% of the company’s stock.

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.