Denver Investment Advisors LLC Position in Geo Group Inc/The (GEO) Upped by $8.60 Million

July 27, 2018 - By Ash Maslow

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Denver Investment Advisors Llc increased its stake in Geo Group Inc/The (GEO) by 45% based on its latest 2018Q1 regulatory filing with the SEC. Denver Investment Advisors Llc bought 430,050 shares as the company’s stock rose 10.68% while stock markets declined. The hedge fund held 1.39 million shares of the real estate investment trusts company at the end of 2018Q1, valued at $28.37M, up from 955,664 at the end of the previous reported quarter. Denver Investment Advisors Llc who had been investing in Geo Group Inc/The for a number of months, seems to be bullish on the $3.15B market cap company. The stock increased 1.29% or $0.33 during the last trading session, reaching $25.85. About 523,365 shares traded. The GEO Group, Inc. (NYSE:GEO) has declined 21.43% since July 27, 2017 and is downtrending. It has underperformed by 34.00% the S&P500.

Denver Investment Advisors Llc, which manages about $9.81B and $1.89 billion US Long portfolio, decreased its stake in Pultegroup Inc (NYSE:PHM) by 249,614 shares to 108,305 shares, valued at $3.19M in 2018Q1, according to the filing.

Another recent and important The GEO Group, Inc. (NYSE:GEO) news was published by which published an article titled: “Investing In Prisons? GEO Group To Benefit From Recent Catalysts” on June 30, 2018.

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