Continental General Insurance Co. Has $87.17 Million Position in Geo Group Inc (The) $GEO

Continental General Insurance Co. boosted its holdings in Geo Group Inc (The) (NYSE:GEO) by 9.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,254,474 shares of the real estate investment trust’s stock after acquiring an additional 350,000 shares during the quarter. Geo Group accounts for 17.0% of Continental General Insurance Co.’s portfolio, making the stock its 3rd largest position. Continental General Insurance Co. owned about 3.06% of Geo Group worth $87,174,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Geo Group by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 75,766 shares of the real estate investment trust’s stock worth $2,213,000 after purchasing an additional 3,309 shares during the period. NewEdge Advisors LLC increased its stake in Geo Group by 81.9% during the 1st quarter. NewEdge Advisors LLC now owns 1,864 shares of the real estate investment trust’s stock valued at $54,000 after buying an additional 839 shares during the period. United Services Automobile Association bought a new stake in shares of Geo Group during the 1st quarter worth about $260,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Geo Group by 168.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 284,975 shares of the real estate investment trust’s stock worth $8,324,000 after acquiring an additional 178,622 shares during the period. Finally, Envestnet Asset Management Inc. lifted its stake in shares of Geo Group by 2.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 18,056 shares of the real estate investment trust’s stock worth $432,000 after acquiring an additional 441 shares during the period. Institutional investors own 76.10% of the company’s stock.

Geo Group Stock Performance

NYSE:GEO opened at $14.55 on Friday. The company has a 50-day moving average of $15.69 and a 200-day moving average of $17.14. The firm has a market cap of $1.95 billion, a price-to-earnings ratio of 7.99 and a beta of 0.77. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 1.10. Geo Group Inc has a twelve month low of $12.51 and a twelve month high of $32.09.

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

Wall Street Analysts Forecast Growth

GEO has been the topic of a number of research analyst reports. JonesTrading lowered their price objective on shares of Geo Group from $37.00 to $33.00 and set a “buy” rating on the stock in a research note on Friday, February 13th. Zacks Research upgraded Geo Group from a “strong sell” rating to a “hold” rating in a research report on Friday, January 9th. Wall Street Zen lowered Geo Group from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Geo Group in a research report on Monday, December 29th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $34.67.

Insider Activity

In other 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 transaction of $101,086.92. Following the completion of the sale, the director owned 27,062 shares in the company, valued at approximately $412,424.88. This represents a 19.69% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 5.30% of the company’s stock.

Geo Group Company Profile

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.