The company owns and operates over 100 correctional and detention centers across the country. In fact, around 92.4% of CCAs stock was owned by 300 institutional investors while 91.1% of GEO Group stock was It owns 50 of these sites. CoreCivic, Inc. (formerly Corrections Corporation of America), together with its subsidiaries, owns and operates privatized correctional and detention facilities in the United States. Beshear announced the plan to reopen the prison earlier this year to ease overcrowding in jails. In addition, through our CoreCivic Properties segment, we owned 28 properties for lease to third parties and used by government agencies, totaling 2.4 million square feet. Through our CoreCivic Community segment, we owned and operated 29 residential reentry centers with a total design capacity of approximately 5,000 beds. CoreCivic, Inc. provides detention and corrections services to governmental agencies. CoreCivic is the largest non-government owner of correctional and detention real estate in the US. Co-founded in 1983 in Nashville, Tennessee by Thomas W. Beasley, Robert Crants, and T. Don Hutto, it received investments from the Tennessee Valley Authority, Vanderbilt University, and Jack C. Massey, the In this article, Im going to take a look at CoreCivic Incs (NYSE:CXW) latest ownership structure, a non-fundamental factor which is important, but remains a less As of 31 December 2017, CoreCivic owned and managed 70 real estate assets and 12 more properties leased to third parties. Shares of CoreCivic , a real estate investment trust (REIT) that owns jail and halfway-house properties tied to the criminal justice system, jumped more than 10% in After this action, MARSHALL THURGOOD JR now owns 26,403 shares of CoreCivic Inc., valued at $126,872 using the latest closing price. Nashville-based CoreCivic currently owns and operates the prison, located in the town of Tutwiler. Find the latest Institutional Holdings data for CoreCivic, Inc. Common Stock (CXW) at Nasdaq.com. CoreCivic, formerly the Corrections Corporation of America (CCA), is a company that owns and manages private prisons and detention centers and operates others on a concession basis. CoreCivic, Inc. provides detention and corrections services to governmental agencies. If you want to know who really controls CoreCivic, Inc. (NYSE:CXW), then you'll have to look at the makeup of its share registry. Its owned by CoreCivic, which owns and operates prisons and detention centers all over the United States. The answer is not everyday people or individual investors, but rather other corporations banks, mutual fund management companies and private equity firms as well as public employee retirement systems. The institutional investor owned 314,078 shares of the real estate investment trusts stock after acquiring an additional 270,369 shares during the quarter. CoreCivic previously operated as Corrections Corp. of America. CoreCivic still owns the facility, and the state is leasing it from the company. See Joshs answer. Find out the direct holders, institutional holders and mutual fund holders for CoreCivic, Inc. (CXW). A spokeswoman for CoreCivic referred questions about the matter to the state department of corrections. CCA bought the Green Hills property in 1996 for about $1.7 million, according to Metro records. Two of the biggest companies, CoreCivic and The GEO Group, are publicly traded. CoreCivic, founded in 1983 and formerly known as Corrections Corporation of America, is the largest private prison corporation in the world. Income Statement Evolution More Financials. Additionally, CoreCivic was the first company to design, build and operate a migrant detention facility in the U.S. Churchill David K, the Chief Human Resources of CoreCivic Inc., sale 4,723 shares at $16.98 during a trade that took place back on Feb 24, which means that Churchill David K is holding 43,216 shares at $80,214 based on the most recent closing price. Let me provide a slightly different narrative, and just a little bit of history and industry perspective. Tt owns approximately 2.9 million square feet of real estate within its CoreCivic Properties portfolio, all used by government agencies. Tt owns approximately 2.9 million square feet of real estate within its CoreCivic Properties portfolio, all used by government agencies. CoreCivic, Inc., formerly known as Corrections Corporation of America or CCA, is the largest private prison corporation in the United States. Hi. Thanks for the A2A. That is, do federal, state or local lawmakers, or corrections officials, or judges, or other public employee stakeholders in our criminal justice system own shares of CCA or GEO Group? After this action, MARSHALL THURGOOD JR now owns 26,403 shares of CoreCivic Inc., valued at $126,872 using the latest closing price. 38 hold men, 2 hold women, 20 hold both sexes, and 1 holds women and children. Consensus. Private prison giants CoreCivic and GEO Group have been abandoned by Wall Street and seen their stock prices plummet. But CoreCivics Roots Lie in the Brutal Past of Americas Prisons. In the four years that followed, the company amassed 56 office properties (by comparison, it owns 50 prisons and detention centers). CoreCivic was created by a group of Tennessee businessmen and generated $1.9 billion in revenue for the 12 months prior to September 2019, according to S&P Global Market Intelligence. Thats hard to say literally. Analysts have begun to worry about a The renewed fortunes and the hidden history of the for-profit prison industry. 17 are in Texas, 7 are in Tennessee, and 6 are in Arizona. Owns and manages nearly 19 million square feet of real estate used by government Relationships with High Average Technical analysis trends CORECIVIC, INC. Short Term: Mid-Term: Long Term: Trends: Bullish: Bearish: Bearish: Technical analysis. Today It Locks Up Immigrants. Churchill David K, the Chief Human Resources of CoreCivic Inc., sale 4,723 shares at $16.98 during a trade that took place back on Feb 24, which means that Churchill David K is holding 43,216 shares at $80,214 based on the most recent closing price. CoreCivic financed the acquisition with $7.7 million of cash, assumed debt of $52.2 million and the issuance of 1.3 million limited partnership units that are convertible after two years into cash or shares of our common stock. In the correctional system, however, less than 10% of state and federal inmates are CoreCivic develops, owns and operates prisons and jails for US government entities. Property: CoreCivic owns 3.3 million square feet of space, including corrections facilities and other government service agency properties that it Mississippis beleaguered corrections system Public Sector Pension Investment Board lifted its holdings in shares of CoreCivic, Inc. (NYSE:CXW) by 618.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. (Editors note: Mississippi Today board member and donor Charles Overby has served on the CoreCivic board of directors since December 2001.) Sell Buy Mean consensus: BUY: Number of Analysts: 1: Average target price: But who owns private prison stock as individual shareholders? Founded in 1983, CoreCivic was the first company to design, build, and operate both a private prison and a private immigrant detention center. So who owns the vast majority of stock in these two companies? Tt owns approximately 2.9 million square feet of real estate within its CoreCivic Properties portfolio, all used by government agencies. Furthermore, shares of CoreCivic, which together with its subsidiaries, owns and operates privatized correctional and detention facilities in the US, have a Relative Strength Index (RSI) of 55.36. The CoreCivic Properties segment comprises of real estate properties owned by the company that are leased to government agencies. Tt owns approximately 2.9 million square feet of real estate within its CoreCivic Properties portfolio, all used by government agencies. It owns, operates, and manages prisons and other correctional facilities; and provides inmate residential and prisoner transportation services for governmental agencies.