GEO Group, Inc. (GEO) Reaches $22.18 52-Week Low; Tourbillon Capital Partners LP Has Cut Dish Network (Call) (DISH) Holding

January 19, 2018 - By Louis Casey

The stock of GEO Group, Inc. (NYSE:GEO) hit a new 52-week low and has $20.18 target or 9.00% below today’s $22.18 share price. The 9 months bearish chart indicates high risk for the $2.71B company. The 1-year low was reported on Jan, 19 by Barchart.com. If the $20.18 price target is reached, the company will be worth $244.08M less. The stock increased 0.14% or $0.03 during the last trading session, reaching $22.18. About 78,767 shares traded. GEO Group, Inc. (NYSE:GEO) has risen 49.90% since January 19, 2017 and is uptrending. It has outperformed by 33.20% the S&P500.

Tourbillon Capital Partners Lp decreased Dish Network Corp (Call) (DISH) stake by 93.44% reported in 2017Q3 SEC filing. Tourbillon Capital Partners Lp sold 4.27M shares as Dish Network Corp (Call) (DISH)’s stock rose 1.02%. The Tourbillon Capital Partners Lp holds 300,000 shares with $16.27M value, down from 4.57 million last quarter. Dish Network Corp (Call) now has $21.13B valuation. The stock increased 0.31% or $0.14 during the last trading session, reaching $45.3. About 419,097 shares traded. DISH Network Corporation (NASDAQ:DISH) has risen 43.12% since January 19, 2017 and is uptrending. It has outperformed by 26.42% the S&P500.

Investors sentiment decreased to 1.1 in Q3 2017. Its down 0.01, from 1.11 in 2017Q2. It turned negative, as 44 investors sold DISH shares while 119 reduced holdings. 46 funds opened positions while 133 raised stakes. 220.79 million shares or 0.78% less from 222.52 million shares in 2017Q2 were reported. Macquarie Gp Limited invested in 0% or 3,900 shares. Moreover, Parkside Financial Bank has 0% invested in DISH Network Corporation (NASDAQ:DISH) for 77 shares. Apg Asset Nv holds 0.01% of its portfolio in DISH Network Corporation (NASDAQ:DISH) for 66,076 shares. Nomura Inc has 0.07% invested in DISH Network Corporation (NASDAQ:DISH). 17,465 were reported by First Mercantile Trust. Voya Investment Mgmt Lc has invested 0.16% in DISH Network Corporation (NASDAQ:DISH). Bedrijfstakpensioenfonds Voor De Media Pno reported 21,841 shares. Clearbridge Ltd Llc accumulated 2.66M shares. Daiwa Securities Gp Incorporated stated it has 97,169 shares. Quantitative Systematic Strategies Ltd Liability Company holds 0.08% of its portfolio in DISH Network Corporation (NASDAQ:DISH) for 5,683 shares. Rampart Investment Mgmt Ltd invested in 0.05% or 2,884 shares. Gotham Asset Management has 208,400 shares for 0.17% of their portfolio. Numina Capital Ltd holds 164,294 shares. Sun Life stated it has 1,675 shares or 0.01% of all its holdings. 51,800 are held by Quantres Asset Mgmt.

Analysts await DISH Network Corporation (NASDAQ:DISH) to report earnings on February, 28. They expect $0.55 earnings per share, down 21.43% or $0.15 from last year’s $0.7 per share. DISH’s profit will be $256.51 million for 20.59 P/E if the $0.55 EPS becomes a reality. After $0.57 actual earnings per share reported by DISH Network Corporation for the previous quarter, Wall Street now forecasts -3.51% negative EPS growth.

Among 20 analysts covering Dish Network Corp. (NASDAQ:DISH), 8 have Buy rating, 3 Sell and 9 Hold. Therefore 40% are positive. Dish Network Corp. had 49 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of DISH Network Corporation (NASDAQ:DISH) earned “Hold” rating by Pivotal Research on Thursday, August 3. The firm has “Buy” rating given on Wednesday, November 18 by Deutsche Bank. JP Morgan maintained it with “Overweight” rating and $85 target in Monday, October 5 report. The rating was maintained by RBC Capital Markets on Monday, November 13 with “Hold”. The stock has “Overweight” rating by Barclays Capital on Friday, November 10. The stock of DISH Network Corporation (NASDAQ:DISH) has “Hold” rating given on Friday, February 26 by HSBC. As per Friday, August 14, the company rating was maintained by Barclays Capital. Wunderlich maintained the shares of DISH in report on Monday, September 21 with “Sell” rating. The rating was downgraded by Vetr to “Buy” on Tuesday, September 8. The firm earned “Outperform” rating on Tuesday, August 9 by Macquarie Research.

Tourbillon Capital Partners Lp increased Macquarie Infrastructure Cor (NYSE:MIC) stake by 83,575 shares to 183,575 valued at $13.25M in 2017Q3. It also upped Discovery Communicatns New (NASDAQ:DISCA) stake by 2.08 million shares and now owns 3.89 million shares. Cognizant Technology Solutio (NASDAQ:CTSH) was raised too.

Since August 28, 2017, it had 0 insider purchases, and 4 insider sales for $67,480 activity. The insider McSchooler Jeffrey L sold $44,439. ORBAN PAUL W had sold 99 shares worth $5,347. Shares for $12,261 were sold by Khemka Vivek.

Among 5 analysts covering The GEO Group (NYSE:GEO), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. The GEO Group had 13 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has “Buy” rating by Canaccord Genuity on Tuesday, April 11. SunTrust maintained it with “Buy” rating and $32 target in Thursday, September 1 report. The firm has “Buy” rating given on Monday, August 7 by Canaccord Genuity. MLV maintained the stock with “Buy” rating in Tuesday, August 4 report. The rating was maintained by Canaccord Genuity on Friday, February 24 with “Buy”. The stock has “Buy” rating by Canaccord Genuity on Friday, November 11. As per Thursday, September 1, the company rating was maintained by Suntrust Robinson. The firm has “Buy” rating given on Thursday, August 10 by Canaccord Genuity. The stock of GEO Group, Inc. (NYSE:GEO) earned “Buy” rating by J.P. Morgan on Friday, July 14. The stock of GEO Group, Inc. (NYSE:GEO) earned “Buy” rating by SunTrust on Wednesday, October 18.

The GEO Group, Inc. is a real estate investment trust. The company has market cap of $2.71 billion. The firm invests in real estate markets of the United States, Australia, South Africa and the United Kingdom. It has a 16.48 P/E ratio. It specializes in the ownership, leasing and management of correctional, detention and reentry facilities and the provision of community services and youth services.

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