Goldman Sachs Group Inc. cut its holdings in shares of TravelCenters of America LLC (NYSE:TA) by 49.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 153,349 shares of the specialty retailer’s stock after selling 147,255 shares during the quarter. Goldman Sachs Group Inc. owned 0.39% of TravelCenters of America worth $629,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Highbridge Capital Management LLC acquired a new stake in shares of TravelCenters of America during the 1st quarter valued at about $106,000. Dimensional Fund Advisors LP acquired a new stake in shares of TravelCenters of America during the 2nd quarter valued at about $698,000. Parametric Portfolio Associates LLC lifted its holdings in shares of TravelCenters of America by 9.4% during the 1st quarter. Parametric Portfolio Associates LLC now owns 142,921 shares of the specialty retailer’s stock valued at $872,000 after buying an additional 12,243 shares during the last quarter. Falcon Point Capital LLC lifted its holdings 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 buying an additional 3,932 shares during the last quarter. Finally, Alpine Woods Capital Investors LLC lifted its holdings 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 buying an additional 10,000 shares during the last quarter.

Shares of TravelCenters of America LLC (TA) opened at $4.65 on Friday. TravelCenters of America LLC has a 1-year low of $2.95 and a 1-year high of $7.75.

Several equities research analysts have recently issued reports on TA shares. FBR & Co set a $9.00 price target on TravelCenters of America and gave the company a “buy” rating in a report on Wednesday, August 30th. Zacks Investment Research lowered TravelCenters of America from a “hold” rating to a “sell” rating in a report on Wednesday, July 19th. Citigroup Inc. lowered TravelCenters of America from a “buy” rating to a “sell” rating and set a $4.50 price target for the company. in a report on Wednesday, October 11th. Finally, B. Riley reiterated a “buy” rating and set a $10.00 price target on shares of TravelCenters of America in a report on Wednesday. Two research analysts have rated the stock with a sell rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $7.38.

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TravelCenters of America 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.

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

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