Fox Run Management L.L.C. Buys 16,662 Shares of CoreCivic, Inc. (NYSE:CXW)

Fox Run Management L.L.C. lifted its stake in shares of CoreCivic, Inc. (NYSE:CXW) by 31.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 70,151 shares of the real estate investment trust’s stock after purchasing an additional 16,662 shares during the quarter. Fox Run Management L.L.C.’s holdings in CoreCivic were worth $1,525,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in CXW. GAMMA Investing LLC boosted its position in CoreCivic by 25.5% in the fourth quarter. GAMMA Investing LLC now owns 4,686 shares of the real estate investment trust’s stock valued at $102,000 after buying an additional 953 shares in the last quarter. Exchange Traded Concepts LLC lifted its stake in shares of CoreCivic by 2.6% in the 4th quarter. Exchange Traded Concepts LLC now owns 57,312 shares of the real estate investment trust’s stock valued at $1,246,000 after acquiring an additional 1,450 shares during the last quarter. Smartleaf Asset Management LLC boosted its holdings in shares of CoreCivic by 318.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 2,442 shares of the real estate investment trust’s stock valued at $53,000 after acquiring an additional 1,859 shares in the last quarter. HighTower Advisors LLC grew its position in CoreCivic by 13.7% during the 3rd quarter. HighTower Advisors LLC now owns 15,549 shares of the real estate investment trust’s stock worth $205,000 after acquiring an additional 1,877 shares during the last quarter. Finally, KBC Group NV increased its holdings in CoreCivic by 57.3% in the 4th quarter. KBC Group NV now owns 5,477 shares of the real estate investment trust’s stock worth $119,000 after purchasing an additional 1,995 shares in the last quarter. 85.13% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

CXW has been the topic of a number of recent research reports. StockNews.com raised CoreCivic from a “hold” rating to a “buy” rating in a research note on Wednesday, February 26th. Wedbush reiterated an “outperform” rating and set a $30.00 target price on shares of CoreCivic in a research report on Tuesday, February 11th. Finally, Noble Financial raised shares of CoreCivic from a “market perform” rating to an “outperform” rating in a report on Wednesday, February 12th.

CoreCivic Stock Down 2.7 %

Shares of CXW opened at $20.00 on Friday. The company has a market capitalization of $2.18 billion, a PE ratio of 32.78 and a beta of 1.02. The stock’s 50-day moving average price is $19.87 and its two-hundred day moving average price is $18.37. 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.

CoreCivic (NYSE:CXW) last announced its earnings results on Monday, February 10th. The real estate investment trust reported $0.39 EPS 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%. On average, analysts anticipate that CoreCivic, Inc. will post 1.5 EPS for the current year.

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.