CoreCivic, Inc. (NYSE:CXW) Position Trimmed by GSA Capital Partners LLP

Posted by on Jun 8th, 2023

GSA Capital Partners LLP decreased its holdings in shares of CoreCivic, Inc. (NYSE:CXW – Get Rating) by 78.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 34,218 shares of the real estate investment trust’s stock after selling 126,389 shares during the period. GSA Capital Partners LLP’s holdings in CoreCivic were worth $396,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in CXW. Quantbot Technologies LP bought a new stake in CoreCivic during the first quarter valued at $36,000. Optimum Investment Advisors acquired a new position in shares of CoreCivic during the fourth quarter valued at $46,000. UBS Group AG boosted its holdings in shares of CoreCivic by 110.6% during the second quarter. UBS Group AG now owns 5,387 shares of the real estate investment trust’s stock valued at $60,000 after acquiring an additional 2,829 shares during the period. Captrust Financial Advisors acquired a new position in shares of CoreCivic during the second quarter valued at $74,000. Finally, Tower Research Capital LLC TRC boosted its holdings in shares of CoreCivic by 26.2% during the third quarter. Tower Research Capital LLC TRC now owns 9,215 shares of the real estate investment trust’s stock valued at $81,000 after acquiring an additional 1,915 shares during the period. Institutional investors own 80.87% of the company’s stock.

CoreCivic Stock Performance

CXW stock opened at $9.46 on Thursday. The company has a market capitalization of $1.08 billion, a P/E ratio of 9.56 and a beta of 0.93. The company has a 50-day simple moving average of $8.98 and a 200 day simple moving average of $10.23. CoreCivic, Inc. has a fifty-two week low of $7.84 and a fifty-two week high of $13.50. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.77.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on CXW shares. Wedbush reduced their price target on shares of CoreCivic from $15.00 to $10.50 in a report on Monday, May 8th. StockNews.com began coverage on shares of CoreCivic in a report on Thursday, May 18th. They issued a “buy” rating for the company.

CoreCivic Company Profile

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CoreCivic, Inc operates as a government solutions company, which engages in the development and management of prisons and other correctional facilities. It operates through the following segments: Safety, Community, and Properties. The Safety segment consists of correctional and detention facilities.

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Institutional Ownership by Quarter for CoreCivic (NYSE:CXW)

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