Target Hospitality Corp. (NASDAQ:TH) Shares Bought by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL grew its holdings in Target Hospitality Corp. (NASDAQ:TH - Free Report) by 100.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 175,574 shares of the company's stock after acquiring an additional 87,895 shares during the period. Tudor Investment Corp ET AL owned about 0.18% of Target Hospitality worth $1,697,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. AlphaQuest LLC lifted its stake in Target Hospitality by 275.9% in the fourth quarter. AlphaQuest LLC now owns 4,578 shares of the company's stock worth $44,000 after acquiring an additional 3,360 shares during the last quarter. Maridea Wealth Management LLC purchased a new stake in shares of Target Hospitality during the 4th quarter worth $103,000. XTX Topco Ltd acquired a new position in shares of Target Hospitality during the fourth quarter worth $113,000. Price T Rowe Associates Inc. MD grew its stake in shares of Target Hospitality by 15.5% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 12,318 shares of the company's stock worth $119,000 after purchasing an additional 1,650 shares in the last quarter. Finally, Fox Run Management L.L.C. increased its holdings in Target Hospitality by 17.6% in the fourth quarter. Fox Run Management L.L.C. now owns 14,473 shares of the company's stock valued at $140,000 after buying an additional 2,161 shares during the last quarter. Hedge funds and other institutional investors own 32.40% of the company's stock.

Target Hospitality Stock Down 0.6 %

TH stock traded down $0.04 during trading on Friday, hitting $6.93. The company had a trading volume of 228,460 shares, compared to its average volume of 598,935. The firm has a market cap of $688.59 million, a PE ratio of 7.97, a price-to-earnings-growth ratio of 1.81 and a beta of 1.89. The firm has a 50-day moving average price of $6.43 and a 200-day moving average price of $8.00. Target Hospitality Corp. has a 1-year low of $4.00 and a 1-year high of $11.84.

Target Hospitality (NASDAQ:TH - Get Free Report) last released its earnings results on Wednesday, March 26th. The company reported $0.12 EPS for the quarter, beating analysts' consensus estimates of $0.06 by $0.06. The company 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%. Target Hospitality's quarterly revenue was down 33.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.29 earnings per share. Sell-side analysts anticipate that Target Hospitality Corp. will post 0.65 earnings per share for the current year.

Analysts Set New Price Targets

TH has been the subject of a number of recent analyst reports. Stifel Nicolaus lifted their price target on Target Hospitality from $5.00 to $7.50 and gave the stock a "hold" rating in a report on Monday, March 31st. Northland Securities raised Target Hospitality from a "market perform" rating to an "outperform" rating and upped their price target for the company from $11.00 to $15.00 in a report on Wednesday, January 29th. Finally, Northland Capmk raised shares of Target Hospitality from a "hold" rating to a "strong-buy" rating in a report on Wednesday, January 29th.

Target Hospitality 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.