AWH Capital L.P. Boosts Holdings in CoreCivic, Inc. $CXW

AWH Capital L.P. lifted its position in shares of CoreCivic, Inc. (NYSE:CXW) by 11.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 197,500 shares of the real estate investment trust’s stock after acquiring an additional 20,000 shares during the quarter. CoreCivic accounts for approximately 3.5% of AWH Capital L.P.’s investment portfolio, making the stock its 15th biggest holding. AWH Capital L.P. owned approximately 0.19% of CoreCivic worth $3,774,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. NBC Securities Inc. lifted its stake in CoreCivic by 533.9% in the 4th quarter. NBC Securities Inc. now owns 1,458 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 1,228 shares in the last quarter. Smartleaf Asset Management LLC increased its holdings in shares of CoreCivic by 33.0% during the 2nd quarter. Smartleaf Asset Management LLC now owns 2,829 shares of the real estate investment trust’s stock worth $59,000 after buying an additional 702 shares during the last quarter. Leonteq Securities AG purchased a new position in shares of CoreCivic during the 4th quarter worth approximately $57,000. Fifth Third Bancorp boosted its position in shares of CoreCivic by 320.7% during the 4th quarter. Fifth Third Bancorp now owns 3,340 shares of the real estate investment trust’s stock worth $64,000 after purchasing an additional 2,546 shares during the period. Finally, Kestra Advisory Services LLC purchased a new position in CoreCivic in the 4th quarter valued at approximately $71,000. 85.13% of the stock is owned by hedge funds and other institutional investors.

CoreCivic Stock Performance

Shares of CXW stock opened at $28.19 on Thursday. CoreCivic, Inc. has a one year low of $15.73 and a one year high of $28.62. The company has a 50 day moving average price of $21.75 and a 200 day moving average price of $19.92. The firm has a market capitalization of $2.79 billion, a price-to-earnings ratio of 22.92 and a beta of 0.67. The company has a debt-to-equity ratio of 0.99, a quick ratio of 2.44 and a current ratio of 2.44.

CoreCivic (NYSE:CXW) last released its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.56 by ($0.16). The business had revenue of $614.73 million during the quarter, compared to analyst estimates of $604.48 million. CoreCivic had a return on equity of 9.29% and a net margin of 5.53%.CoreCivic’s revenue was up 25.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.45 EPS. CoreCivic has set its FY 2026 guidance at 2.580-2.680 EPS. Sell-side analysts anticipate that CoreCivic, Inc. will post 2.66 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages recently commented on CXW. Weiss Ratings lowered shares of CoreCivic from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday. Wall Street Zen lowered shares of CoreCivic from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Finally, Benchmark assumed coverage on shares of CoreCivic in a report on Tuesday, March 24th. They set a “buy” rating and a $28.00 price objective on the stock. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $29.00.

CoreCivic Profile

CoreCivic, Inc (NYSE: CXW) is a real estate investment trust specializing in the ownership, management and operation of private correctional and detention facilities in the United States. The company enters into contracts with federal, state and local government agencies to house inmates and detainees in facilities that it owns or operates on a concession basis. In addition to traditional prison operations, CoreCivic provides specialized services such as community-based reentry programs, electronic monitoring and rehabilitation initiatives aimed at reducing recidivism.

CoreCivic’s portfolio encompasses a mix of adult correctional facilities, immigration detention centers, residential reentry centers and other community-based programs.