Target Hospitality
About: Target Hospitality Corp is a vertically integrated specialty rental and hospitality services company in the United States. The company provides vertically integrated specialty rental and comprehensive hospitality services including catering food services, maintenance, housekeeping, grounds-keeping, on-site security, overall workforce lodge management, and laundry service. Its operating segment includes HFS-South and HFS-Midwest; Government; TCPL Keystone and others. It generates a majority of its revenue from the Government segment which consists of specialty rental and vertically integrated hospitality services revenue from customers with Government contracts located in Texas.
Employees: 984
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
648% more call options, than puts
Call options by funds: $19M | Put options by funds: $2.54M
81% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 27
3.0% less ownership
Funds ownership: 28.42% [Q1] → 25.42% (-3.0%) [Q2]
8% less funds holding
Funds holding: 135 [Q1] → 124 (-11) [Q2]
25% less funds holding in top 10
Funds holding in top 10: 4 [Q1] → 3 (-1) [Q2]
28% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 40
29% less capital invested
Capital invested by funds: $311M [Q1] → $222M (-$88.6M) [Q2]
Research analyst outlook
We haven’t received any recent analyst ratings for TH.
Financial journalist opinion
Based on 4 articles about TH published over the past 30 days