Target Hospitality Corp. (NASDAQ:TH) Shares Bought by Geode Capital Management LLC

Geode Capital Management LLC increased its holdings in Target Hospitality Corp. (NASDAQ:TH - Free Report) by 9.3% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 855,069 shares of the company's stock after purchasing an additional 72,579 shares during the period. Geode Capital Management LLC owned approximately 0.85% of Target Hospitality worth $6,654,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of TH. State Street Corp boosted its holdings in shares of Target Hospitality by 1.7% in the 3rd quarter. State Street Corp now owns 725,905 shares of the company's stock worth $5,648,000 after purchasing an additional 12,087 shares during the period. Janus Henderson Group PLC lifted its position in Target Hospitality by 11.1% in the third quarter. Janus Henderson Group PLC now owns 60,585 shares of the company's stock worth $471,000 after buying an additional 6,062 shares during the last quarter. HighTower Advisors LLC boosted its stake in Target Hospitality by 10.1% during the third quarter. HighTower Advisors LLC now owns 1,466,356 shares of the company's stock worth $11,408,000 after buying an additional 134,966 shares during the period. BNP Paribas Financial Markets increased its position in Target Hospitality by 154.0% during the third quarter. BNP Paribas Financial Markets now owns 83,708 shares of the company's stock valued at $651,000 after acquiring an additional 50,758 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Target Hospitality by 28.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 271,590 shares of the company's stock valued at $2,113,000 after acquiring an additional 60,569 shares during the period. Hedge funds and other institutional investors own 32.40% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on TH. Northland Securities boosted their price objective on Target Hospitality from $9.00 to $11.00 and gave the company a "market perform" rating in a report on Wednesday, November 13th. Oppenheimer reissued a "market perform" rating on shares of Target Hospitality in a research note on Thursday, November 14th.

Target Hospitality Stock Performance

TH traded down $0.01 during trading on Friday, hitting $9.68. The stock had a trading volume of 260,788 shares, compared to its average volume of 289,044. The stock has a 50 day simple moving average of $8.75 and a two-hundred day simple moving average of $8.81. Target Hospitality Corp. has a twelve month low of $6.11 and a twelve month high of $11.84. The company has a market capitalization of $957.75 million, a PE ratio of 11.13, a PEG ratio of 0.89 and a beta of 2.12.

Target Hospitality Company Profile

Target Hospitality Corp. operates as a specialty rental and hospitality services company in North America. The company operates through two segments, Hospitality & Facilities Services - South and Government. It owns a network of specialty rental accommodation units. In addition, the company provides catering and food, maintenance, housekeeping, grounds-keeping, security, health and recreation facilities, workforce community management, concierge, and laundry services.