Swiss National Bank Holds Stake in TravelCenters of America LLC (TA)

Swiss National Bank continued to hold its position in TravelCenters of America LLC (NYSE:TA) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 53,200 shares of the specialty retailer’s stock at the end of the 2nd quarter. Swiss National Bank owned about 0.13% of TravelCenters of America worth $218,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Highbridge Capital Management LLC acquired a new stake in shares of TravelCenters of America in the 1st quarter worth approximately $106,000. Menta Capital LLC grew its holdings in shares of TravelCenters of America by 71.0% in the 1st quarter. Menta Capital LLC now owns 30,113 shares of the specialty retailer’s stock worth $184,000 after acquiring an additional 12,505 shares during the period. Parametric Portfolio Associates LLC grew its holdings in shares of TravelCenters of America by 9.4% in the 1st quarter. Parametric Portfolio Associates LLC now owns 142,921 shares of the specialty retailer’s stock worth $872,000 after acquiring an additional 12,243 shares during the period. Falcon Point Capital LLC grew its holdings in shares of TravelCenters of America by 1.8% in the 2nd quarter. Falcon Point Capital LLC now owns 217,636 shares of the specialty retailer’s stock worth $892,000 after acquiring an additional 3,932 shares during the period. Finally, Alpine Woods Capital Investors LLC grew its holdings in shares of TravelCenters of America by 4.3% in the 2nd quarter. Alpine Woods Capital Investors LLC now owns 240,000 shares of the specialty retailer’s stock worth $984,000 after acquiring an additional 10,000 shares during the period.

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A number of equities research analysts recently weighed in on TA shares. Zacks Investment Research upgraded TravelCenters of America from a “strong sell” rating to a “hold” rating in a report on Thursday, July 13th. FBR & Co set a $9.00 target price on TravelCenters of America and gave the company a “buy” rating in a report on Wednesday, August 30th. Finally, Citigroup Inc. cut TravelCenters of America from a “buy” rating to a “sell” rating and set a $4.50 target price on the stock. in a report on Wednesday, October 11th. Two research analysts have rated the stock with a sell rating and two have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $6.83.

Shares of TravelCenters of America LLC (NYSE TA) opened at 4.80 on Monday. The firm’s 50-day moving average price is $4.57 and its 200-day moving average price is $4.31. TravelCenters of America LLC has a one year low of $2.95 and a one year high of $7.75. The firm’s market cap is $189.87 million.

TravelCenters of America (NYSE:TA) last posted its quarterly earnings results on Tuesday, August 8th. The specialty retailer reported $0.03 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.04 by ($0.01). The business had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.55 billion. TravelCenters of America had a negative return on equity of 2.19% and a negative net margin of 0.20%. The company’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.09 EPS. Equities research analysts expect that TravelCenters of America LLC will post ($0.69) earnings per share for the current fiscal year.

TravelCenters of America Company Profile

TravelCenters of America LLC (TravelCenters) operates and franchises travel centers and convenience store and restaurant locations. The Company’s segments include travel centers, convenience stores, and corporate and other. The Company offers a range of products and services, including diesel fuel and gasoline, as well as nonfuel products and services, such as truck repair and maintenance services, full service restaurants, quick service restaurants (QSRs), travel/convenience stores and various customer amenities.

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Institutional Ownership by Quarter for TravelCenters of America (NYSE:TA)

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