Geo Group Inc (The) $GEO Shares Sold by Saba Capital Management L.P.

Saba Capital Management L.P. reduced its holdings in shares of Geo Group Inc (The) (NYSE:GEO) by 29.9% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 117,007 shares of the real estate investment trust’s stock after selling 50,000 shares during the period. Saba Capital Management L.P.’s holdings in Geo Group were worth $1,967,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in GEO. Covestor Ltd raised its stake in shares of Geo Group by 16.6% in the 4th quarter. Covestor Ltd now owns 4,533 shares of the real estate investment trust’s stock valued at $73,000 after acquiring an additional 646 shares during the period. Public Employees Retirement System of Ohio boosted its position in Geo Group by 22.7% during the 1st quarter. Public Employees Retirement System of Ohio now owns 3,866 shares of the real estate investment trust’s stock worth $65,000 after purchasing an additional 715 shares during the period. Kestra Advisory Services LLC increased its holdings in Geo Group by 2.4% in the 1st quarter. Kestra Advisory Services LLC now owns 30,462 shares of the real estate investment trust’s stock valued at $512,000 after purchasing an additional 727 shares in the last quarter. ProShare Advisors LLC increased its holdings in Geo Group by 3.0% in the 4th quarter. ProShare Advisors LLC now owns 26,333 shares of the real estate investment trust’s stock valued at $424,000 after purchasing an additional 772 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised its position in Geo Group by 245.1% in the second quarter. Geneos Wealth Management Inc. now owns 1,101 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 782 shares during the period. Institutional investors and hedge funds own 76.10% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Northland Securities upped their target price on Geo Group from $30.00 to $40.00 and gave the stock an “outperform” rating in a research report on Friday, June 26th. Wall Street Zen downgraded Geo Group from a “buy” rating to a “hold” rating in a report on Saturday. Zacks Research raised Geo Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 20th. Finally, Weiss Ratings raised shares of Geo Group from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, June 9th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $36.50.

Geo Group Trading Up 0.1%

Shares of GEO opened at $30.94 on Tuesday. The company has a market capitalization of $4.13 billion, a P/E ratio of 15.70, a P/E/G ratio of 1.84 and a beta of 0.79. Geo Group Inc has a one year low of $12.51 and a one year high of $32.25. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.75 and a current ratio of 1.75. The stock has a 50-day moving average price of $27.87 and a 200 day moving average price of $20.88.

Geo Group (NYSE:GEO) last issued its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.10. Geo Group had a return on equity of 9.43% and a net margin of 10.00%.The firm had revenue of $705.21 million during the quarter, compared to analyst estimates of $688.89 million. During the same quarter last year, the firm earned $0.14 EPS. Geo Group’s quarterly revenue was up 16.6% on a year-over-year basis. 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. Sell-side analysts forecast that Geo Group Inc will post 1.2 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.