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

July 14, 2018 - By Hazel Jackson

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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 $28.37 million, 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 $3.33B market cap company. The stock increased 0.52% or $0.14 during the last trading session, reaching $27.3. About 832,761 shares traded or 13.34% up from the average. The GEO Group, Inc. (NYSE:GEO) has declined 21.43% since July 14, 2017 and is downtrending. It has underperformed by 34.00% the S&P500.

Denver Investment Advisors Llc, which manages about $9.81 billion and $1.89 billion US Long portfolio, decreased its stake in Caleres Inc by 132,764 shares to 305,499 shares, valued at $10.27 million 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: “Post Supreme Court Decision Recap: How Immigration Control Will Help The Private Prison Business” on July 10, 2018.

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