Highbridge Capital Management LLC Has Raised Geo Group INC New (Put) (GEO) Stake

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Highbridge Capital Management Llc increased its stake in Geo Group Inc New (Put) (GEO) by 139.88% based on its latest 2019Q2 regulatory filing with the SEC. Highbridge Capital Management Llc bought 280,600 shares as the company’s stock declined 15.19% . The hedge fund held 481,200 shares of the real estate investment trusts company at the end of 2019Q2, valued at $10.11 million, up from 200,600 at the end of the previous reported quarter. Highbridge Capital Management Llc who had been investing in Geo Group Inc New (Put) for a number of months, seems to be bullish on the $2.23B market cap company. The stock decreased 0.60% or $0.11 during the last trading session, reaching $18.24. About 661,584 shares traded. The GEO Group, Inc. (NYSE:GEO) has declined 30.70% since September 13, 2018 and is downtrending. It has underperformed by 30.70% the S&P500.

Highbridge Capital Management Llc, which manages about $32.39 billion and $1.51 billion US Long portfolio, decreased its stake in Ipg Photonics Corp (NASDAQ:IPGP) by 58,196 shares to 1,804 shares, valued at $279,000 in 2019Q2, according to the filing. It also reduced its holding in Altaba Inc by 378,600 shares in the quarter, leaving it with 4,900 shares, and cut its stake in Alibaba Group Hldg Ltd (NYSE:BABA).

More notable recent The GEO Group, Inc. (NYSE:GEO) news were published by: Finance.Yahoo.com which released: “Does The The GEO Group, Inc. (NYSE:GEO) Share Price Tend To Follow The Market? – Yahoo Finance” on June 24, 2019, also Finance.Yahoo.com with their article: “Here’s Why We Think GEO Group (NYSE:GEO) Is Well Worth Watching – Yahoo Finance” published on August 22, 2019, Finance.Yahoo.com published: “Should You Be Impressed By The GEO Group, Inc.’s (NYSE:GEO) ROE? – Yahoo Finance” on July 24, 2019. More interesting news about The GEO Group, Inc. (NYSE:GEO) were released by: Finance.Yahoo.com and their article: “How Much is The GEO Group, Inc.’s (NYSE:GEO) CEO Getting Paid? – Yahoo Finance” published on May 08, 2019 as well as Finance.Yahoo.com‘s news article titled: “Hedge Funds Have Never Been More Bullish On The Geo Group, Inc. (GEO) – Yahoo Finance” with publication date: June 11, 2019.

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