Standard Life Aberdeen plc Has $912,000 Stake in TravelCenters of America LLC (TA)

Standard Life Aberdeen plc grew its stake in TravelCenters of America LLC (NASDAQ:TA) by 20.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 240,000 shares of the specialty retailer’s stock after purchasing an additional 40,000 shares during the period. Standard Life Aberdeen plc’s holdings in TravelCenters of America were worth $912,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. B. Riley Financial Inc. lifted its holdings in TravelCenters of America by 136.7% in the fourth quarter. B. Riley Financial Inc. now owns 283,846 shares of the specialty retailer’s stock valued at $1,067,000 after acquiring an additional 163,916 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in TravelCenters of America by 1,587.2% in the third quarter. JPMorgan Chase & Co. now owns 357,271 shares of the specialty retailer’s stock valued at $2,036,000 after acquiring an additional 336,095 shares during the last quarter. Renaissance Technologies LLC lifted its holdings in TravelCenters of America by 7.5% in the third quarter. Renaissance Technologies LLC now owns 1,875,341 shares of the specialty retailer’s stock valued at $10,689,000 after acquiring an additional 130,341 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in TravelCenters of America by 19.0% in the third quarter. Dimensional Fund Advisors LP now owns 1,394,443 shares of the specialty retailer’s stock valued at $7,948,000 after acquiring an additional 222,627 shares during the last quarter. Finally, Granite Point Capital Management L.P. acquired a new position in TravelCenters of America in the third quarter valued at approximately $1,140,000. Institutional investors and hedge funds own 35.81% of the company’s stock.

NASDAQ:TA opened at $4.02 on Friday. The company has a debt-to-equity ratio of 1.50, a quick ratio of 1.55 and a current ratio of 2.23. TravelCenters of America LLC has a 52 week low of $3.05 and a 52 week high of $6.10. The firm has a market cap of $166.04 million, a price-to-earnings ratio of -6.28 and a beta of 1.79.

TravelCenters of America (NASDAQ:TA) last posted its quarterly earnings data on Tuesday, February 26th. The specialty retailer reported ($0.17) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.30) by $0.13. TravelCenters of America had a negative return on equity of 6.89% and a negative net margin of 1.82%. The business had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.60 billion. During the same quarter in the prior year, the company earned ($0.30) earnings per share. The company’s revenue was up 9.5% on a year-over-year basis. As a group, analysts anticipate that TravelCenters of America LLC will post -0.07 EPS for the current fiscal year.

A number of research firms have commented on TA. Zacks Investment Research cut TravelCenters of America from a “buy” rating to a “sell” rating in a research note on Tuesday, March 5th. CIBC restated a “hold” rating and set a $9.00 price target on shares of TravelCenters of America in a research note on Thursday, February 28th. Finally, B. Riley restated a “buy” rating and set a $12.00 price target (up from $11.00) on shares of TravelCenters of America in a research note on Thursday, January 17th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company’s stock. TravelCenters of America currently has an average rating of “Hold” and a consensus price target of $9.06.

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TravelCenters of America Profile

TravelCenters of America LLC operates travel centers and convenience stores in the United States and Canada. It operates in two segments, Travel Centers and Convenience Stores. Its travel centers offer 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 (QSR), and various customer amenities.

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

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