Creative Planning Takes $145,000 Position in Target Hospitality Corp. (NASDAQ:TH)

Creative Planning bought a new position in shares of Target Hospitality Corp. (NASDAQ:TH) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 18,634 shares of the company’s stock, valued at approximately $145,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. American Century Companies Inc. lifted its position in shares of Target Hospitality by 39.7% during the 2nd quarter. American Century Companies Inc. now owns 397,324 shares of the company’s stock worth $3,461,000 after buying an additional 112,833 shares in the last quarter. Denali Advisors LLC boosted its position in Target Hospitality by 856.2% in the second quarter. Denali Advisors LLC now owns 185,500 shares of the company’s stock worth $1,616,000 after purchasing an additional 166,100 shares during the last quarter. BNP Paribas Financial Markets grew its stake in Target Hospitality by 10.1% in the 1st quarter. BNP Paribas Financial Markets now owns 45,231 shares of the company’s stock valued at $492,000 after purchasing an additional 4,161 shares during the period. Bleakley Financial Group LLC purchased a new stake in shares of Target Hospitality during the 1st quarter valued at $122,000. Finally, CANADA LIFE ASSURANCE Co raised its stake in shares of Target Hospitality by 347.6% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 17,128 shares of the company’s stock worth $186,000 after purchasing an additional 13,301 shares during the period. Institutional investors and hedge funds own 32.40% of the company’s stock.

Target Hospitality Stock Performance

Shares of NASDAQ:TH opened at $9.84 on Wednesday. The company has a market capitalization of $988.23 million, a P/E ratio of 8.77, a price-to-earnings-growth ratio of 0.94 and a beta of 2.09. The company’s 50-day moving average is $8.39 and its 200 day moving average is $9.30. Target Hospitality Corp. has a fifty-two week low of $6.11 and a fifty-two week high of $11.88.

About Target Hospitality

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.