XTX Topco Ltd Invests $648,000 in CoreCivic, Inc. (NYSE:CXW)

XTX Topco Ltd acquired a new stake in CoreCivic, Inc. (NYSE:CXW) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 29,822 shares of the real estate investment trust’s stock, valued at approximately $648,000.

Several other large investors have also recently added to or reduced their stakes in the business. Barclays PLC raised its position in CoreCivic by 4.6% in the 4th quarter. Barclays PLC now owns 192,799 shares of the real estate investment trust’s stock valued at $4,192,000 after purchasing an additional 8,467 shares in the last quarter. Cooper Creek Partners Management LLC raised its holdings in CoreCivic by 9.9% in the fourth quarter. Cooper Creek Partners Management LLC now owns 6,127,227 shares of the real estate investment trust’s stock valued at $133,206,000 after acquiring an additional 553,336 shares in the last quarter. Sterling Capital Management LLC lifted its stake in CoreCivic by 7,325.6% in the fourth quarter. Sterling Capital Management LLC now owns 28,663 shares of the real estate investment trust’s stock worth $623,000 after acquiring an additional 28,277 shares during the last quarter. Capula Management Ltd acquired a new position in CoreCivic during the 4th quarter worth approximately $319,000. Finally, Bank of Montreal Can raised its holdings in shares of CoreCivic by 8.0% in the 4th quarter. Bank of Montreal Can now owns 12,742 shares of the real estate investment trust’s stock valued at $277,000 after purchasing an additional 944 shares in the last quarter. 85.13% of the stock is owned by hedge funds and other institutional investors.

CoreCivic Price Performance

Shares of CXW opened at $22.17 on Friday. The firm has a fifty day moving average price of $19.70 and a 200 day moving average price of $19.44. The stock has a market cap of $2.42 billion, a PE ratio of 36.34 and a beta of 0.86. CoreCivic, Inc. has a 1-year low of $10.74 and a 1-year high of $24.99. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.57 and a quick ratio of 1.51.

CoreCivic (NYSE:CXW) last announced its earnings results on Monday, February 10th. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.06. CoreCivic had a return on equity of 5.97% and a net margin of 3.51%. As a group, sell-side analysts anticipate that CoreCivic, Inc. will post 1.5 EPS for the current year.

Analyst Ratings Changes

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

CoreCivic Profile

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.