TravelCenters of America LLC (TA) Shares Sold by Kennedy Capital Management Inc.

Kennedy Capital Management Inc. decreased its holdings in shares of TravelCenters of America LLC (NYSE:TA) by 3.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 901,239 shares of the specialty retailer’s stock after selling 29,597 shares during the period. Kennedy Capital Management Inc. owned 2.28% of TravelCenters of America worth $3,695,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the stock. Signia Capital Management LLC boosted its position in shares of TravelCenters of America by 494.1% during the 2nd quarter. Signia Capital Management LLC now owns 667,202 shares of the specialty retailer’s stock valued at $2,736,000 after purchasing an additional 554,894 shares in the last quarter. Alpine Woods Capital Investors LLC boosted its position in shares of TravelCenters of America by 4.3% during the 2nd quarter. Alpine Woods Capital Investors LLC now owns 240,000 shares of the specialty retailer’s stock valued at $984,000 after purchasing an additional 10,000 shares in the last quarter. Falcon Point Capital LLC boosted its position in shares of TravelCenters of America by 1.8% during the 2nd quarter. Falcon Point Capital LLC now owns 217,636 shares of the specialty retailer’s stock valued at $892,000 after purchasing an additional 3,932 shares in the last quarter. Boston Partners boosted its position in shares of TravelCenters of America by 0.5% during the 2nd quarter. Boston Partners now owns 404,594 shares of the specialty retailer’s stock valued at $1,659,000 after purchasing an additional 2,047 shares in the last quarter. Finally, Russell Investments Group Ltd. boosted its position in shares of TravelCenters of America by 78.1% during the 2nd quarter. Russell Investments Group Ltd. now owns 483,912 shares of the specialty retailer’s stock valued at $1,984,000 after purchasing an additional 212,201 shares in the last quarter.

TravelCenters of America LLC (TA) opened at 4.50 on Friday. The company’s market cap is $178.00 million. 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 $3.60 and a 200 day moving average price of $4.59.

TravelCenters of America (NYSE:TA) last posted its quarterly earnings data on Tuesday, August 8th. The specialty retailer reported $0.03 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.04 by ($0.01). The firm had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.55 billion. TravelCenters of America had a negative net margin of 0.20% and a negative return on equity of 2.19%. The business’s revenue was up 4.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.09 earnings per share. Equities analysts expect that TravelCenters of America LLC will post ($0.68) earnings per share for the current fiscal year.

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Several research analysts have issued reports on TA shares. ValuEngine lowered TravelCenters of America from a “hold” rating to a “sell” rating in a report on Friday, June 2nd. TheStreet lowered TravelCenters of America from a “c-” rating to a “d+” rating in a report on Thursday, June 8th. Zacks Investment Research upgraded TravelCenters of America from a “strong sell” rating to a “hold” rating in a report on Thursday, July 13th. Finally, FBR & Co set a $9.00 price target on TravelCenters of America and gave the stock a “buy” rating in a report on Wednesday, August 30th. Two research analysts have rated the stock with a sell rating and two have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $7.75.

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.

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

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