Russell Investments Group Ltd. increased its position in TravelCenters of America LLC (NYSE:TA) by 78.1% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 483,912 shares of the specialty retailer’s stock after purchasing an additional 212,201 shares during the quarter. Russell Investments Group Ltd. owned approximately 1.22% of TravelCenters of America worth $1,984,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TA. Goldman Sachs Group Inc. raised its stake in TravelCenters of America by 92.1% during the first quarter. Goldman Sachs Group Inc. now owns 300,604 shares of the specialty retailer’s stock valued at $1,834,000 after buying an additional 144,115 shares during the last quarter. Sterneck Capital Management LLC raised its stake in TravelCenters of America by 62.6% during the first quarter. Sterneck Capital Management LLC now owns 573,198 shares of the specialty retailer’s stock valued at $3,497,000 after buying an additional 220,601 shares during the last quarter. Highbridge Capital Management LLC purchased a new position in TravelCenters of America during the first quarter valued at $106,000. Bank of America Corp DE raised its stake in TravelCenters of America by 1,039.9% during the first quarter. Bank of America Corp DE now owns 189,604 shares of the specialty retailer’s stock valued at $1,156,000 after buying an additional 172,971 shares during the last quarter. Finally, Oppenheimer & Co. Inc. raised its stake in TravelCenters of America by 6.8% during the first quarter. Oppenheimer & Co. Inc. now owns 79,700 shares of the specialty retailer’s stock valued at $486,000 after buying an additional 5,100 shares during the last quarter.

A number of brokerages have issued reports on TA. Zacks Investment Research cut TravelCenters of America from a “hold” rating to a “sell” rating in a research note on Tuesday, August 15th. TheStreet cut TravelCenters of America from a “c-” rating to a “d+” rating in a research note on Thursday, June 8th. FBR & Co reiterated an “outperform” rating and set a $9.00 price objective (down previously from $11.00) on shares of TravelCenters of America in a research note on Wednesday, May 10th. ValuEngine cut TravelCenters of America from a “hold” rating to a “sell” rating in a research note on Friday, June 2nd. Finally, Citigroup Inc. reiterated a “buy” rating and set a $5.50 price objective (down previously from $7.50) on shares of TravelCenters of America in a research note on Monday, May 15th. Two research analysts have rated the stock with a sell rating and two have given a buy rating to the company’s stock. TravelCenters of America presently has a consensus rating of “Hold” and an average target price of $7.25.

Shares of TravelCenters of America LLC (NYSE:TA) traded down 2.239% on Tuesday, reaching $3.275. The company’s stock had a trading volume of 73,212 shares. TravelCenters of America LLC has a one year low of $2.95 and a one year high of $7.75. The firm has a 50-day moving average price of $3.63 and a 200 day moving average price of $4.82. The firm’s market capitalization is $129.55 million.

TravelCenters of America (NYSE:TA) last issued its quarterly earnings data on Tuesday, August 8th. The specialty retailer reported $0.03 EPS for the quarter, missing the consensus estimate of $0.04 by $0.01. TravelCenters of America had a negative net margin of 0.20% and a negative return on equity of 2.19%. The business had revenue of $1.50 billion for the quarter, compared to analysts’ expectations of $1.55 billion. During the same quarter in the prior year, the company posted $0.09 EPS. The business’s revenue for the quarter was up 4.8% on a year-over-year basis. On average, analysts anticipate that TravelCenters of America LLC will post ($0.69) earnings per share for the current fiscal year.

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About TravelCenters of America

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.

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

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