Denver Investment Advisors Increased Its Geo Group Inc/The (GEO) Stake; Amcon Distributing Company (NYSEAMERICAN:DIT) Shorts Decreased By 50%

February 16, 2018 - By Linda Rogers

Denver Investment Advisors Llc increased Geo Group Inc/The (GEO) stake by 4.93% reported in 2017Q3 SEC filing. Denver Investment Advisors Llc acquired 41,516 shares as Geo Group Inc/The (GEO)’s stock rose 3.68%. The Denver Investment Advisors Llc holds 883,143 shares with $23.76 million value, up from 841,627 last quarter. Geo Group Inc/The now has $2.48 billion valuation. The stock increased 1.45% or $0.29 during the last trading session, reaching $20.27. About 421,924 shares traded. GEO Group, Inc. (NYSE:GEO) has risen 49.90% since February 16, 2017 and is uptrending. It has outperformed by 33.20% the S&P500.

Amcon Distributing Company (NYSEAMERICAN:DIT) had a decrease of 50% in short interest. DIT’s SI was 100 shares in February as released by FINRA. Its down 50% from 200 shares previously. With 200 avg volume, 1 days are for Amcon Distributing Company (NYSEAMERICAN:DIT)’s short sellers to cover DIT’s short positions. The SI to Amcon Distributing Company’s float is 0.03%. The stock increased 0.15% or $0.13 during the last trading session, reaching $87.5. About 127 shares traded. AMCON Distributing Company (NYSEAMERICAN:DIT) has risen 33.62% since February 16, 2017 and is uptrending. It has outperformed by 16.92% the S&P500.

AMCON Distributing Company, together with its subsidiaries, engages in the wholesale distribution of consumer products in the Central, Rocky Mountain, and Southern regions of the United States. The company has market cap of $60.42 million. It operates through two divisions, Wholesale Distribution and Retail Health Food. It has a 17.95 P/E ratio. The Wholesale Distribution segment distributes consumer products, including cigarettes and tobacco products, candy and other confectionery, beverages, groceries, paper products, health and beauty care products, frozen and chilled products, and institutional foodservice products.

Investors sentiment increased to 5 in 2017 Q3. Its up 1.50, from 3.5 in 2017Q2. It increased, as 1 investors sold AMCON Distributing Company shares while 0 reduced holdings. 3 funds opened positions while 2 raised stakes. 192,912 shares or 5.51% more from 182,844 shares in 2017Q2 were reported. 9,200 were accumulated by Bridgeway Capital Mngmt. Federated Invsts Pa holds 0% of its portfolio in AMCON Distributing Company (NYSEAMERICAN:DIT) for 19 shares. Fmr Lc invested in 7,048 shares. Blackrock accumulated 0% or 113 shares. Morgan Stanley reported 330 shares stake. Dimensional Fund Advsr L P holds 20,656 shares or 0% of its portfolio. Lsv Asset Mgmt, a Illinois-based fund reported 8,332 shares. Polar Asset Mgmt Ptnrs, a Ontario – Canada-based fund reported 4,952 shares. James Invest Rech Inc reported 0% stake. Deutsche Bancshares Ag reported 1 shares stake. Renaissance Technology Lc reported 10,700 shares. Moreover, Acadian Asset Mngmt Ltd Liability Co has 0% invested in AMCON Distributing Company (NYSEAMERICAN:DIT) for 200 shares. Vanguard Grp Inc owns 8,794 shares for 0% of their portfolio. Willis Invest Counsel, a Georgia-based fund reported 18,143 shares.

Denver Investment Advisors Llc decreased Qualcomm Inc (NASDAQ:QCOM) stake by 32,917 shares to 173,526 valued at $9.00M in 2017Q3. It also reduced 3M Co (NYSE:MMM) stake by 2,022 shares and now owns 94,216 shares. Hancock Holding Co (NASDAQ:HBHC) was reduced too.

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 14 analyst reports since August 4, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, August 10 by Canaccord Genuity. On Wednesday, January 31 the stock rating was maintained by SunTrust with “Buy”. SunTrust maintained GEO Group, Inc. (NYSE:GEO) rating on Thursday, September 1. SunTrust has “Buy” rating and $32 target. The stock of GEO Group, Inc. (NYSE:GEO) earned “Buy” rating by Canaccord Genuity on Friday, November 11. The stock has “Buy” rating by J.P. Morgan on Friday, July 14. On Thursday, September 1 the stock rating was maintained by Suntrust Robinson with “Buy”. The stock of GEO Group, Inc. (NYSE:GEO) earned “Buy” rating by Canaccord Genuity on Tuesday, April 11. The firm has “Buy” rating by MLV given on Tuesday, August 4. The stock of GEO Group, Inc. (NYSE:GEO) has “Buy” rating given on Monday, December 12 by Canaccord Genuity. As per Wednesday, October 18, the company rating was maintained by SunTrust.

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