Goldman Sachs Group Inc. lifted its position in TravelCenters of America (NASDAQ:TA) by 309.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 120,318 shares of the specialty retailer’s stock after purchasing an additional 90,968 shares during the quarter. Goldman Sachs Group Inc. owned 0.30% of TravelCenters of America worth $493,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of TA. State Street Corp raised its stake in shares of TravelCenters of America by 29.5% in the second quarter. State Street Corp now owns 41,685 shares of the specialty retailer’s stock valued at $171,000 after purchasing an additional 9,506 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of TravelCenters of America by 354.3% in the third quarter. JPMorgan Chase & Co. now owns 65,876 shares of the specialty retailer’s stock valued at $276,000 after purchasing an additional 51,374 shares in the last quarter. Dimensional Fund Advisors LP grew its position in TravelCenters of America by 118.0% in the third quarter. Dimensional Fund Advisors LP now owns 371,102 shares of the specialty retailer’s stock valued at $1,577,000 after acquiring an additional 200,905 shares during the period. Acadian Asset Management LLC bought a new stake in TravelCenters of America in the fourth quarter valued at $380,000. Finally, California Public Employees Retirement System grew its position in TravelCenters of America by 6.1% in the fourth quarter. California Public Employees Retirement System now owns 532,262 shares of the specialty retailer’s stock valued at $2,182,000 after acquiring an additional 30,610 shares during the period. Institutional investors and hedge funds own 33.04% of the company’s stock.

Shares of NASDAQ:TA opened at $3.45 on Friday. TravelCenters of America has a fifty-two week low of $2.95 and a fifty-two week high of $6.35. The firm has a market capitalization of $141.01, a price-to-earnings ratio of -11.50 and a beta of 1.72. The company has a current ratio of 1.22, a quick ratio of 0.58 and a debt-to-equity ratio of 1.21.

TravelCenters of America (NASDAQ:TA) last announced its quarterly earnings results on Wednesday, February 28th. The specialty retailer reported ($0.52) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.47). TravelCenters of America had a net margin of 0.15% and a negative return on equity of 2.20%. The company had revenue of $1.58 billion during the quarter, compared to the consensus estimate of $1.54 billion. During the same quarter last year, the company earned ($0.17) earnings per share. The business’s revenue was up 12.5% on a year-over-year basis. research analysts predict that TravelCenters of America will post -0.11 EPS for the current fiscal year.

A number of analysts have weighed in on the company. TheStreet cut TravelCenters of America from a “c-” rating to a “d” rating in a research report on Thursday, April 19th. Zacks Investment Research cut TravelCenters of America from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 10th. Citigroup set a $4.00 price target on TravelCenters of America and gave the company a “hold” rating in a research report on Monday, March 5th. Finally, B. Riley set a $9.00 price target on TravelCenters of America and gave the company a “buy” rating in a research report on Wednesday, February 28th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $7.00.

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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