Arrowstreet Capital Limited Partnership Has $9.75 Million Stake in Target Hospitality Corp. (NASDAQ:TH)

Arrowstreet Capital Limited Partnership lifted its stake in Target Hospitality Corp. (NASDAQ:TH – Free Report) by 32.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission.

The firm owned 1,008,702 shares of the company’s stock after buying an additional 245,252 shares during the period. Arrowstreet Capital Limited Partnership owned approximately 1.02% of Target Hospitality worth $9,749,000 as of its most recent filing with the Securities and Exchange Commission.



A number of other large investors have also added to or reduced their stakes in the stock. Teacher Retirement System of Texas bought a new position in Target Hospitality in the 4th quarter valued at about $2,705,000. HighTower Advisors LLC increased its stake in Target Hospitality by 10.

1% in the third quarter. HighTower Advisors LLC now owns 1,466,356 shares of the company’s stock valued at $11,408,000 after acquiring an additional 134,966 shares during the last quarter. American Century Companies Inc.

raised its position in Target Hospitality by 16.4% during the fourth quarter. American Century Companies Inc.

now owns 695,316 shares of the company’s stock valued at $6,720,000 after purchasing an additional 98,135 shares in the last quarter. Vanguard Group Inc. lifted its stake in Target Hospitality by 4.

2% during the fourth quarter. Vanguard Group Inc. now owns 1,965,362 shares of the company’s stock worth $18,995,000 after purchasing an additional 79,561 shares during the last quarter.

Finally, Geode Capital Management LLC boosted its holdings in shares of Target Hospitality by 9.3% in the 3rd quarter. Geode Capital Management LLC now owns 855,069 shares of the company’s stock valued at $6,654,000 after purchasing an additional 72,579 shares in the last quarter.

Institutional investors and hedge funds own 32.40% of the company’s stock. Target Hospitality Stock PerformanceShares of TH opened at $6.

55 on Monday. Target Hospitality Corp. has a 52 week low of $4.

00 and a 52 week high of $11.84. The stock has a market capitalization of $648.

06 million, a price-to-earnings ratio of 7.53, a PEG ratio of 1.81 and a beta of 1.

70. The stock has a fifty day moving average of $7.35 and a 200-day moving average of $8.

23. Target Hospitality (NASDAQ:TH – Get Free Report) last posted its earnings results on Wednesday, March 26th. The company reported $0.

12 EPS for the quarter, beating the consensus estimate of $0.06 by $0.06.

The firm had revenue of $83.70 million during the quarter, compared to the consensus estimate of $80.10 million.

Target Hospitality had a return on equity of 22.80% and a net margin of 20.84%.

The business’s quarterly revenue was down 33.7% on a year-over-year basis. During the same period last year, the company earned $0.

29 earnings per share. As a group, equities analysts forecast that Target Hospitality Corp. will post 0.

65 EPS for the current year. Analysts Set New Price TargetsSeveral analysts recently weighed in on TH shares. Northland Capmk upgraded Target Hospitality from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 29th.

Northland Securities raised shares of Target Hospitality from a “market perform” rating to an “outperform” rating and increased their target price for the stock from $11.00 to $15.00 in a report on Wednesday, January 29th.

Finally, Stifel Nicolaus lifted their price target on shares of Target Hospitality from $5.00 to $7.50 and gave the company a “hold” rating in a report on Monday, March 31st.

Get Our Latest Analysis on THAbout Target Hospitality (Free Report)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.Recommended StoriesFive stocks we like better than Target HospitalityElection Stocks: How Elections Affect the Stock MarketNewsmax’s IPO Whiplash: Meme Stock Hype or Growth Potential?What is diluted earnings per share (Diluted EPS)?Disney 2025 Shareholders: Major Updates for InvestorsWhy Invest in 5G? How to Invest in 5G Stocks Advance Auto Parts Stock: A Classic Rebound Play in the MakingWant to see what other hedge funds are holding TH? Visit HoldingsChannel.

com to get the latest 13F filings and insider trades for Target Hospitality Corp. (NASDAQ:TH – Free Report)..