Oppenheimer & Co. Inc. cut its stake in shares of Target Hospitality Corp. (NASDAQ:TH – Free Report) by 12.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,750 shares of the company’s stock after selling 2,100 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Target Hospitality were worth $234,000 as of its most recent SEC filing.
A number of other institutional investors have also recently made changes to their positions in TH. Great West Life Assurance Co. Can boosted its stake in shares of Target Hospitality by 110.1% in the 2nd quarter. Great West Life Assurance Co. Can now owns 1,910 shares of the company’s stock valued at $26,000 after purchasing an additional 1,001 shares during the last quarter. Point72 Asset Management L.P. bought a new stake in Target Hospitality during the second quarter valued at $29,000. Quarry LP bought a new stake in Target Hospitality during the first quarter valued at $41,000. New York State Teachers Retirement System bought a new stake in shares of Target Hospitality during the 3rd quarter valued at about $44,000. Finally, Point72 Middle East FZE bought a new stake in shares of Target Hospitality during the 2nd quarter valued at about $53,000. Institutional investors own 31.96% of the company’s stock.
Target Hospitality Stock Up 2.8 %
Target Hospitality stock opened at $9.45 on Tuesday. Target Hospitality Corp. has a 52 week low of $8.85 and a 52 week high of $17.88. The company’s 50 day moving average price is $9.63 and its two-hundred day moving average price is $12.43. The stock has a market cap of $960.69 million, a P/E ratio of 6.06, a P/E/G ratio of 1.03 and a beta of 2.10.
Wall Street Analyst Weigh In
Target Hospitality Company Profile
Target Hospitality Corp. operates as a specialty rental and hospitality services company in North America. The company operates through four segments: Hospitality & Facilities Services – South, Hospitality & Facilities Services – Midwest, Government, and TCPL Keystone. It owns a network of specialty rental accommodation units.
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