WINTON GROUP Ltd Sells 60,428 Shares of CoreCivic, Inc. (NYSE:CXW)

WINTON GROUP Ltd lessened its stake in shares of CoreCivic, Inc. (NYSE:CXW) by 75.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,675 shares of the real estate investment trust’s stock after selling 60,428 shares during the period. WINTON GROUP Ltd’s holdings in CoreCivic were worth $428,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in CXW. FMR LLC increased its holdings in shares of CoreCivic by 3.8% during the third quarter. FMR LLC now owns 5,117,716 shares of the real estate investment trust’s stock valued at $64,739,000 after acquiring an additional 186,310 shares in the last quarter. State Street Corp increased its stake in CoreCivic by 0.4% during the 3rd quarter. State Street Corp now owns 4,200,268 shares of the real estate investment trust’s stock valued at $53,133,000 after purchasing an additional 18,415 shares in the last quarter. Geode Capital Management LLC raised its holdings in CoreCivic by 0.7% in the third quarter. Geode Capital Management LLC now owns 2,570,005 shares of the real estate investment trust’s stock worth $32,517,000 after buying an additional 18,410 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of CoreCivic by 1.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 2,481,315 shares of the real estate investment trust’s stock worth $31,389,000 after buying an additional 35,591 shares in the last quarter. Finally, Allianz Asset Management GmbH grew its holdings in shares of CoreCivic by 11.4% during the fourth quarter. Allianz Asset Management GmbH now owns 1,513,031 shares of the real estate investment trust’s stock valued at $32,893,000 after buying an additional 154,426 shares during the last quarter. Hedge funds and other institutional investors own 85.13% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on CXW. StockNews.com upgraded shares of CoreCivic from a “hold” rating to a “buy” rating in a report on Wednesday, February 26th. Wedbush restated an “outperform” rating and issued a $30.00 price target on shares of CoreCivic in a research note on Tuesday, February 11th. Finally, Noble Financial raised CoreCivic from a “market perform” rating to an “outperform” rating in a research report on Wednesday, February 12th.

CoreCivic Trading Down 1.0 %

Shares of CXW stock opened at $20.41 on Monday. The company has a current ratio of 1.57, a quick ratio of 1.51 and a debt-to-equity ratio of 0.65. CoreCivic, Inc. has a 12-month low of $10.74 and a 12-month high of $24.99. The stock has a market capitalization of $2.22 billion, a P/E ratio of 33.45 and a beta of 1.02. The firm’s 50 day moving average is $19.66 and its 200 day moving average is $18.66.

CoreCivic (NYSE:CXW) last released its quarterly earnings results on Monday, February 10th. The real estate investment trust reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.06. CoreCivic had a return on equity of 5.97% and a net margin of 3.51%. Research analysts expect that CoreCivic, Inc. will post 1.5 earnings per share for the current year.

About CoreCivic

CoreCivic, Inc owns and operates partnership correctional, detention, and residential reentry facilities in the United States. It operates through three segments: CoreCivic Safety, CoreCivic Community, and CoreCivic Properties. The company provides a range of solutions to government partners that serve the public good through corrections and detention management, a network of residential reentry centers to help address America’s recidivism crisis, and government real estate solutions.