The stock of TravelCenters of America LLC (NASDAQ:TA) is a huge mover today! About 204,588 shares traded hands or 3.72% up from the average. TravelCenters of America LLC (NASDAQ:TA) has risen 6.67% since April 14, 2016 and is uptrending. It has outperformed by 1.98% the S&P500.
The move comes after 7 months negative chart setup for the $275.66M company. It was reported on Nov, 16 by Barchart.com. We have $6.01 PT which if reached, will make NASDAQ:TA worth $30.32M less.
According to Zacks Investment Research, “TRAVELCENTERS OF AMERICA, LLC. is a full-service national travel center chain in the U.S., with nationwide locations serving hundreds of thousands of professional drivers and other highway travelers each month – including virtually all major trucking fleets. Their travel centers operate under the TravelCenters of America, TA and Petro brand names and offer diesel and gasoline fueling services, restaurants, heavy truck repair facilities, stores and other services.”
Insitutional Activity: The institutional sentiment increased to 1.07 in Q2 2016. Its up 0.29, from 0.78 in 2016Q1. The ratio is positive, as 17 funds sold all TravelCenters of America LLC shares owned while 29 reduced positions. 27 funds bought stakes while 22 increased positions. They now own 16.99 million shares or 6.22% less from 18.12 million shares in 2016Q1.
Blackrock Fund Advisors owns 3,340 shares or 0% of their US portfolio. Barclays Public Limited has invested 0% of its portfolio in TravelCenters of America LLC (NASDAQ:TA). Icm Asset Wa has invested 0.63% of its portfolio in TravelCenters of America LLC (NASDAQ:TA). Millennium Management Llc holds 0% or 121,193 shares in its portfolio. Royal Bancshares Of Canada accumulated 0% or 311,050 shares. Kistler, a Alabama-based fund reported 30 shares. Walleye Trading Limited Liability Corporation reported 65,029 shares or 0% of all its holdings. Peak6 Invs L P has 6,177 shares for 0% of their US portfolio. Ubs Asset Management Americas Incorporated holds 15,200 shares or 0% of its portfolio. Highbridge Management Ltd Liability Corp has 29,564 shares for 0% of their US portfolio. The Pennsylvania-based Pnc Financial Svcs Group Incorporated has invested 0% in TravelCenters of America LLC (NASDAQ:TA). Kennedy Cap Mgmt Incorporated has 0.16% invested in the company for 999,342 shares. The New York-based Visium Asset Mngmt Limited Partnership has invested 0.02% in TravelCenters of America LLC (NASDAQ:TA). Synovus Fin Corporation holds 2,000 shares or 0% of its portfolio. Blackrock Japan Co Limited accumulated 888 shares or 0% of the stock.
Insider Transactions: Since August 16, 2016, the stock had 0 insider purchases, and 1 insider sale for $252,975 net activity. Another trade for 33,855 shares valued at $252,975 was made by Young Mark R on Tuesday, August 16.
More recent TravelCenters of America LLC (NASDAQ:TA) news were published by: Businesswire.com which released: “Now Open! TravelCenters of America Welcomes Black Bear Diner Restaurant at TA …” on November 14, 2016. Also Wsj.com published the news titled: “TravelCenters of America Rebuffed Bid From Golden Gate Capital” on June 15, 2016. Businesswire.com‘s news article titled: “TravelCenters of America LLC Announces Third Quarter 2016 Financial Results” with publication date: November 08, 2016 was also an interesting one.
TA Company Profile
TravelCenters of America LLC (TravelCenters), incorporated on October 10, 2006, operates and franchises approximately 460 travel centers and convenience store locations. The Company’s divisions include travel centers and convenience stores. The Firm offers a range of services and products, including diesel fuel and gasoline, as well as nonfuel services and products, such as truck repair and maintenance services, full service restaurants, over 40 different brands of quick service restaurants (QSRs), travel/convenience stores and various driver amenities. The Company’s clients include trucking fleets and their drivers, independent truck drivers and highway and local motorists.
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