January 29, 1999
Securities and Exchange Commission
450 Fifth Street NW
Washington, DC 20549
RE: Amended Schedule 13G
Wackenhut Corporation
As of December 31, 1998
Gentlemen:
In accordance with Section 13(d)(5) of the Securities Exchange Act of 1934,
attached please find a copy of an amended Schedule 13G for the above named
company showing beneficial ownership of 10% or more as of December 31, 1998
filed on behalf of Eagle Asset Management, Inc.
Very truly yours,
Kenneth K. Koster
Senior Vice President, Administration
Chief Compliance Officer
KKK:jmw
Enclosures
cc: Office of the Corporate Secretary
Wackenhut Corporation
4200 Wackenhut Drive, #100
Palm Beach Gardens, FL 33410-4243
Securities Division
New York Stock Exchange
11 Wall Street
New York, New York 10005
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1 )*
Wackenhut Corporation
(Name of Issuer)
Common Stock Series B, par value $.10 per share
(Title of Class of Securities)
929794303
(CUSIP Number)
Check the following box if a fee is being paid with this statement _____. (A
fee is not required only if the filing person: (1) has a previous statement
on file reporting beneficial ownership of more than five percent of the class
of securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such
class.) (See Rule 13d-7.)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section
of the Act but shall be subject to all other provisions of the Act (however,
see the Notes).
Page 1 of 5 Pages
CUSIP NO. 929794303 13G
- ------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Eagle Asset Management, Inc. 59-2385219
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(A) ______
(B) ______
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
State of Florida
NUMBER OF 5 SOLE VOTING POWER
SHARES 1,301,577
BENEFICIALLY 6 SHARED VOTING POWER
OWNED - - -
AS OF
DECEMBER 31, 1998 7 SOLE DISPOSITIVE POWER
BY EACH
REPORTING 1,301,577
PERSON 8 SHARED DISPOSITIVE POWER
WITH - - -
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,301,577
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
(____)
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11.78%
12 TYPE OF REPORTING PERSON*
IA
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 2 of 5 Pages
Item 1(a) Name of Issuer:
Wackenhut Corportion
Item 1(b) Address of Issuer's Principal Executing Offices:
4200 Wackenhut Drive, #100
Palm Beach Gardens, FL 33410-4243
Item 2(a) Name of Person Filing:
Eagle Asset Management, Inc.
Item 2(b) Address of Principal Business Office:
880 Carillon Parkway
St. Petersburg, Florida 33716
Item 2(c) Citizenship:
Florida
Item 2(d) Title of Class of Securities:
Common Stock Series B, par value $.10per share
Item 2(e) CUSIP Number:
929794303
Item 3 Type of Reporting Person:
(e) Investment Adviser registered under Section 203 of the Investment
Advisors Act of 1940
Page 3 of 5 Pages
Item 4 Ownership as of December 31, 1998:
(a) Amount Beneficially Owned:
1,301,577 shares of common stock beneficially owned including:
No. of Shares
Eagle Asset Management, Inc. 1,301,577
(b) Percent of Class: 11.78%
(c) Deemed Voting Power and Disposition Power:
(i) (ii) (iii) (iv)
Deemed Deemed
Deemed Deemed to have to have
to have to have Sole Power Shared Power
Sole Power Shared Power to Dispose to Dispose
to Vote or to Vote or or to or to
to Direct to Direct Direct the Direct the
to Vote to Vote Disposition Disposition
----------- ------------ ----------- -----------
Eagle Asset 1,301,577 ---- 1,301,577 ----
Management, Inc.
Item 5 Ownership of Five Percent or Less of a Class:
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following. (____)
Item 6 Ownership of More than Five Percent on Behalf of Another Person:
N/A
Item 7 Identification and Classification of the Subsidiary which Acquired the
Security Being Reported on by the Parent Holding Company:
N/A
Page 4 of 5 Pages
Item 8 Identification and Classification of Members of the Group: N/A
Item 9 Notice of Dissolution of Group: N/A
Item 10 Certification:
By signing below I certify that to the best of my knowledge and
belief, the securities referred to above were acquired in the ordinary
course of business and were not acquired for purpose of and do not have the
effect of changing or influencing the control of the issuer of such
securities and were not acquired in connection with or as a participant in
any transaction having such purposes or effect.
Signature
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete
and correct.
Date: January 29, 199 EAGLE ASSET MANAGEMENT, INC.
____________________________
Kenneth K. Koster
Senior Vice President, Administration
Chief Compliance Officer
Page 5 of 5 Pages
