Fidelity Funds: Corecivic's Investors And Financial Partners

CoreCivic, Inc. (NYSE:CXW) has 434 institutional owners and shareholders that have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC). These institutions hold a total of 106,041,938 shares. Some of the largest shareholders include BlackRock Inc., Vanguard Group Inc, River Road Asset Management, LLC, IJR - iShares Core S&P Small-Cap ETF, Fmr Llc, Cooper Creek Partners Management Llc, State Street Corp, Goldman Sachs Group Inc, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, and FLPSX - Fidelity Low-Priced Stock Fund.

CoreCivic's institutional ownership structure

CoreCivic, Inc. (US:CXW) has 434 institutional owners and shareholders that have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC). These institutions hold a total of 106,041,938 shares. The institutional ownership structure of CoreCivic, Inc. shows the current positions in the company by institutions and funds, as well as the latest changes in position size.

Major shareholders can include individual investors, mutual funds, hedge funds, or institutions. The Schedule 13D indicates that the investor holds (or held) more than 5% of the company and intends (or intended) to actively pursue a change in business strategy. Schedule 13G indicates a passive investment of over 5%.

The largest shareholders of CoreCivic, Inc. include BlackRock Inc., Vanguard Group Inc, River Road Asset Management, LLC, IJR - iShares Core S&P Small-Cap ETF, Fmr Llc, Cooper Creek Partners Management Llc, State Street Corp, Goldman Sachs Group Inc, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, and FLPSX - Fidelity Low-Priced Stock Fund.

CoreCivic's major shareholders

CoreCivic, Inc. (CXW) has 434 institutional owners and shareholders that have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC). These institutions hold a total of 106,041,938 shares.

The largest shareholders include BlackRock Inc., Vanguard Group Inc, River Road Asset Management, LLC, IJR - iShares Core S&P Small-Cap ETF, Fmr Llc, Cooper Creek Partners Management Llc, State Street Corp, Goldman Sachs Group Inc, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, and FLPSX - Fidelity Low-Priced Stock Fund.

CoreCivic's institutional ownership structure shows current positions in the company by institutions and funds, as well as the latest changes in position size. Major shareholders can include individual investors, mutual funds, hedge funds, or institutions.

The share price as of September 20, 2024, was 12.37 per share. On September 22, 2023, the share price was 10.79 per share, representing an increase of 14.64% over that period.

CoreCivic's share price

CoreCivic Inc. (CXW) is a government solutions company that develops and manages prisons and other correctional facilities. The company is headquartered in Brentwood, Tennessee, and was founded in 1983.

As of September 20, 2024, the share price of CoreCivic was 12.37 per share. This represented an increase of 14.64% from September 22, 2023, when the share price was 10.79 per share.

The company's share price has experienced fluctuations over the past year, with a 52-week range of 7.84 to 15.17. CoreCivic's market performance has been influenced by various factors, including its financial results, occupancy rates, and debt reduction strategies.

In terms of institutional ownership, CoreCivic has 434 institutional owners and shareholders who have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC). These institutions hold a total of 106,041,938 shares. Notable major shareholders include BlackRock Inc., Vanguard Group Inc., River Road Asset Management, LLC, and IJR - iShares Core S&P Small-Cap ETF.

CoreCivic's stock is publicly traded on the New York Stock Exchange (NYSE) under the ticker symbol CXW. The company's latest financial results, released in February 2024, showed increased net income and debt reduction for Q4 and full-year 2023.

CoreCivic's Schedule 13D and Schedule 13G filings

CoreCivic, formerly the Corrections Corporation of America (CCA), is a company that owns and manages private prisons and detention centres. As of 2016, it is the second-largest private corrections company in the United States. CoreCivic manages more than 65 state and federal correctional and detention facilities with a capacity of more than 90,000 beds in 19 states and the District of Columbia.

The company's Schedule 13D and Schedule 13G filings indicate the following:

Schedule 13D: This filing indicates that an investor holds (or held) more than 5% of the company and intends (or intended) to actively pursue a change in business strategy. This suggests that the investor has a significant influence on the company and may be seeking to exert control over its operations or direction.

Schedule 13G: This filing indicates a passive investment of over 5%. This means that the investor does not intend to acquire control of the company or influence its business decisions. However, it is still a significant shareholder with the potential to impact the company's stock price and overall value.

CoreCivic has institutional owners and shareholders who have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC). These institutions hold a substantial number of shares, and among the largest shareholders are BlackRock Inc., Vanguard Group Inc., River Road Asset Management, LLC, and Fidelity Low-Priced Stock Fund, among others.

The distinction between Schedule 13D and Schedule 13G filings is essential as it provides insight into the intentions and level of influence of major shareholders. Schedule 13D filings indicate a more active and potentially controlling role, while Schedule 13G filings represent a more passive investment strategy.

CoreCivic's financial results

CoreCivic, Inc. (NYSE: CXW) is a diversified, government-solutions company that provides a broad range of solutions to government partners, including high-quality corrections and detention management, innovative and cost-saving government real estate solutions, and a growing network of residential and non-residential alternatives to incarceration.

• Total revenue of $458.0 million
• CoreCivic Safety revenue of $417.7 million
• CoreCivic Community revenue of $26.4 million
• CoreCivic Properties revenue of $13.8 million
• Net Income of $12.4 million
• Diluted earnings per share of $0.11
• Adjusted Diluted EPS of $0.13
• Normalized Funds From Operations per diluted share of $0.34
• EBITDA of $73.7 million

In the first quarter of 2023, CoreCivic generated $73.7 million in EBITDA, which, along with existing liquidity, enabled the company to repay in full the outstanding balance of their 4.625% Senior Notes. They also continued to execute their share repurchase program, repurchasing 2.5 million shares, or an additional 2% of their outstanding shares, at a total cost of $24.9 million.

CoreCivic's second-quarter 2024 financial results were driven by higher occupancy and cost management initiatives. The company announced these results on August 7, 2024, and a live broadcast of their conference call was available on August 8, 2024.

CoreCivic has a flexible and dependable partnership with the government, with over 35 years of experience. Their employees are driven by a deep sense of service, high standards of professionalism, and a commitment to helping the government better serve the public good.

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