As Travelcenters Amer (TA) Market Value Rose, Holder Sterneck Capital Management Has Trimmed Holding by $490,275; As Validus Holdings LTD (VR) Shares Were Volatile, Wolverine Asset Management Upped by $367,294 Its Holding

September 14, 2018 - By Mike Johnson

TravelCenters of America LLC (NASDAQ:TA) Logo

Wolverine Asset Management Llc increased its stake in Validus Holdings Ltd (VR) by 4.96% based on its latest 2018Q2 regulatory filing with the SEC. Wolverine Asset Management Llc bought 5,482 shares as the company’s stock 0.00% . The hedge fund held 116,016 shares of the finance company at the end of 2018Q2, valued at $7.84 million, up from 110,534 at the end of the previous reported quarter. Wolverine Asset Management Llc who had been investing in Validus Holdings Ltd for a number of months, seems to be bullish on the $5.58B market cap company. The stock increased 0.50% or $0.34 during the last trading session, reaching $67.99. About 1.34M shares traded or 180.24% up from the average. Validus Holdings, Ltd. (NYSE:VR) has 0.00% since September 14, 2017 and is . It has underperformed by 15.62% the S&P500. Some Historical VR News: 01/05/2018 – Validus Holding 1Q Gross Premiums Written $1.83 BIllion; 15/05/2018 – CNH Partners Adds Validus, Exits Huntsman, Cuts Time Warner: 13F; 01/05/2018 – Validus Holding 1Q Net Premiums Earned $618.9 Million; 29/03/2018 – Crop Risk Services Announces Precision Farming Service; 15/05/2018 – Polar Capital Adds Intel, Exits J&J, Cuts Validus: 13F; 04/05/2018 – Massachusetts Financial Services Exits Position in Validus; 05/03/2018 AlphaCat and Terra Brasis Announce ILS Transaction; 01/05/2018 – Validus Holding: Book Value $44.14/Share at March 31; 14/05/2018 – Principal Financial Group Inc. Exits Position in Validus; 04/05/2018 – Validus Holdings, Ltd. Announces Quarterly Common Share Dividend and Quarterly Preferred Share Dividends

Sterneck Capital Management Llc decreased its stake in Travelcenters Amer Llc (TA) by 24.96% based on its latest 2018Q2 regulatory filing with the SEC. Sterneck Capital Management Llc sold 163,425 shares as the company’s stock rose 57.75% with the market. The institutional investor held 491,280 shares of the automotive aftermarket company at the end of 2018Q2, valued at $1.72M, down from 654,705 at the end of the previous reported quarter. Sterneck Capital Management Llc who had been investing in Travelcenters Amer Llc for a number of months, seems to be less bullish one the $225.28M market cap company. The stock decreased 0.62% or $0.035 during the last trading session, reaching $5.665. About 15,991 shares traded. TravelCenters of America LLC (NYSE:TA) has risen 45.45% since September 14, 2017 and is uptrending. It has outperformed by 29.83% the S&P500. Some Historical TA News: 15/03/2018 – TravelCenters of America Provides Attendees with New and Exciting Information and Events at the 2018 Mid-America Trucking Show (MATS) March 22 — March 24; 09/05/2018 – TravelCenters of America Announces 2018 Citizen Drivers; 16/03/2018 – TravelCenters of America LLC Names Andrew J. Rebholz as Managing Director; 14/03/2018 – TravelCenters at Company Marketing Hosted By FBR Today; 16/03/2018 – Travelcenters of America Names Andrew J. Rebholz as Managing Director; 18/04/2018 – Quaker Steak & LubeĀ® Announces 2018 National Buffalo Wing Festival Sponsorship; 03/04/2018 – TA Truck ServiceĀ® Launches Certified Used Truck and Certified Used Trailer Inspections; 07/05/2018 – Travelcenters of America 1Q Rev $1.58B; 07/05/2018 – TRAVELCENTERS OF AMERICA LLC QTRLY TOTAL REVENUES $1.58 BLN VS $1.39 BLN; 13/04/2018 – Final Order and Judgment Issued for TravelCenters of America LLC in Comdata Litigation

Another recent and important Validus Holdings, Ltd. (NYSE:VR) news was published by Seekingalpha.com which published an article titled: “Validus Holdings Ltd Deposit Shs Repr Non-Cum Pfd Shs Series A declares $0.3672 dividend” on August 22, 2018.

Wolverine Asset Management Llc, which manages about $6.60 billion and $7.73 billion US Long portfolio, decreased its stake in Direxion Shs Etf Tr (Put) by 6,000 shares to 200 shares, valued at $18,000 in 2018Q2, according to the filing. It also reduced its holding in Barclays Bk Plc (Call) by 132,300 shares in the quarter, leaving it with 268,500 shares, and cut its stake in Microsoft Corp (Put) (NASDAQ:MSFT).

Among 9 analysts covering Validus Holdings (NYSE:VR), 2 have Buy rating, 0 Sell and 7 Hold. Therefore 22% are positive. Validus Holdings had 20 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Buy” rating by Keefe Bruyette & Woods on Thursday, January 4. The stock of Validus Holdings, Ltd. (NYSE:VR) has “Overweight” rating given on Tuesday, June 28 by JP Morgan. JMP Securities downgraded the shares of VR in report on Tuesday, January 30 to “Hold” rating. Deutsche Bank downgraded Validus Holdings, Ltd. (NYSE:VR) on Monday, February 6 to “Hold” rating. Keefe Bruyette & Woods downgraded the shares of VR in report on Monday, January 22 to “Hold” rating. On Monday, October 30 the stock rating was upgraded by Bank of America to “Buy”. Keefe Bruyette & Woods maintained Validus Holdings, Ltd. (NYSE:VR) rating on Thursday, August 17. Keefe Bruyette & Woods has “Hold” rating and $55.0 target. Keefe Bruyette & Woods maintained Validus Holdings, Ltd. (NYSE:VR) rating on Friday, June 2. Keefe Bruyette & Woods has “Hold” rating and $5500 target. The rating was maintained by UBS with “Neutral” on Monday, October 30. The firm has “Market Perform” rating by Wood given on Tuesday, January 23.

Since March 15, 2018, it had 0 buys, and 5 insider sales for $3.54 million activity. 24,813 Validus Holdings, Ltd. (NYSE:VR) shares with value of $1.68 million were sold by Bilsby Peter Anthony.

Investors sentiment increased to 0.86 in Q2 2018. Its up 0.10, from 0.76 in 2018Q1. It increased, as 30 investors sold VR shares while 64 reduced holdings. 30 funds opened positions while 51 raised stakes. 60.40 million shares or 0.84% less from 60.91 million shares in 2018Q1 were reported. 183,824 are held by Commonwealth Of Pennsylvania Public School Empls Retrmt. Cadence Capital Mngmt Ltd Liability Corporation holds 0.02% or 6,221 shares. Ny State Common Retirement Fund, New York-based fund reported 152,600 shares. Virtu Financial Limited Liability Company invested in 13,906 shares or 0.16% of the stock. Victory Mgmt holds 0.23% or 1.63 million shares. Barclays Public Lc accumulated 1.05 million shares or 0.06% of the stock. Comerica Bankshares holds 3,404 shares or 0% of its portfolio. Credit Suisse Ag owns 0.01% invested in Validus Holdings, Ltd. (NYSE:VR) for 180,498 shares. Millennium Mngmt Lc invested 0.09% in Validus Holdings, Ltd. (NYSE:VR). Earnest Limited Liability Corp holds 0% of its portfolio in Validus Holdings, Ltd. (NYSE:VR) for 6 shares. Regions Fincl owns 209 shares. Pnc Financial Services Group Inc invested 0% in Validus Holdings, Ltd. (NYSE:VR). Tokio Marine Asset Mngmt Ltd holds 0.85% or 68,770 shares. Utah Retirement Sys stated it has 0.02% in Validus Holdings, Ltd. (NYSE:VR). 4,211 are held by Verition Fund Mngmt Ltd Liability Corporation.

More recent TravelCenters of America LLC (NASDAQ:TA) news were published by: Crainscleveland.com which released: “TravelCenters of America launches TA Express brand with four locations” on September 10, 2018. Also Crainscleveland.com published the news titled: “TravelCenters of America agrees to sell its convenience store business for $330 million” on September 04, 2018. Nasdaq.com‘s news article titled: “Mid-Afternoon Market Update: Gold Prices Fall Below $1200; MannKind Shares Spike Higher” with publication date: September 04, 2018 was also an interesting one.

Analysts await TravelCenters of America LLC (NASDAQ:TA) to report earnings on November, 6. They expect $0.27 earnings per share, up 237.50% or $0.19 from last year’s $0.08 per share. TA’s profit will be $10.74 million for 5.25 P/E if the $0.27 EPS becomes a reality. After $-0.05 actual earnings per share reported by TravelCenters of America LLC for the previous quarter, Wall Street now forecasts -640.00% EPS growth.

Investors sentiment increased to 1 in Q2 2018. Its up 0.07, from 0.93 in 2018Q1. It increased, as 8 investors sold TA shares while 19 reduced holdings. 12 funds opened positions while 15 raised stakes. 10.67 million shares or 9.00% less from 11.73 million shares in 2018Q1 were reported. 925,450 were reported by Bridgeway Cap Mgmt. Acadian Asset Mgmt Lc reported 0% stake. Pnc Finance Svcs Grp stated it has 0% of its portfolio in TravelCenters of America LLC (NASDAQ:TA). Markston Int Limited Liability Corporation has invested 0% in TravelCenters of America LLC (NASDAQ:TA). New Jersey-based Financial Architects has invested 0% in TravelCenters of America LLC (NASDAQ:TA). The Nebraska-based Ameritas has invested 0.01% in TravelCenters of America LLC (NASDAQ:TA). Hanson & Doremus Inv Mngmt stated it has 0.09% of its portfolio in TravelCenters of America LLC (NASDAQ:TA). Geode Mgmt Ltd has 25,541 shares. Alliancebernstein LP invested in 0% or 14,500 shares. Citadel Advsrs Limited Co invested in 30,349 shares. Jpmorgan Chase And Com accumulated 0% or 21,176 shares. Moreover, State Street has 0% invested in TravelCenters of America LLC (NASDAQ:TA). Dimensional Fund Advsrs Ltd Partnership has 0% invested in TravelCenters of America LLC (NASDAQ:TA). Renaissance Technology Limited Liability Corp reported 1.61M shares. The Connecticut-based Southpaw Asset Mngmt Ltd Partnership has invested 1.08% in TravelCenters of America LLC (NASDAQ:TA).

Sterneck Capital Management Llc, which manages about $314.88 million and $144.51M US Long portfolio, upped its stake in Jp Morgan Exchange Traded Fd by 55,490 shares to 134,695 shares, valued at $9.57M in 2018Q2, according to the filing. It also increased its holding in First Tr Inter Dur Pfd & In (FPF) by 114,963 shares in the quarter, for a total of 240,398 shares, and has risen its stake in Spdr Index Shs Fds (GMM).

Among 3 analysts covering TravelCenters of America (NYSE:TA), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. TravelCenters of America had 18 analyst reports since August 7, 2015 according to SRatingsIntel. Citigroup maintained TravelCenters of America LLC (NASDAQ:TA) on Thursday, October 6 with “Buy” rating. Citigroup maintained the shares of TA in report on Monday, March 5 with “Neutral” rating. The rating was downgraded by Craig Hallum to “Hold” on Tuesday, August 9. The stock of TravelCenters of America LLC (NASDAQ:TA) has “Buy” rating given on Thursday, November 30 by FBR Capital. The rating was upgraded by Citigroup on Friday, December 8 to “Neutral”. FBR Capital maintained TravelCenters of America LLC (NASDAQ:TA) on Wednesday, May 10 with “Outperform” rating. The firm has “Outperform” rating by FBR Capital given on Thursday, March 2. As per Wednesday, August 30, the company rating was maintained by FBR Capital. The company was maintained on Wednesday, November 9 by FBR Capital. The stock of TravelCenters of America LLC (NASDAQ:TA) has “Outperform” rating given on Friday, December 11 by FBR Capital.

TravelCenters of America LLC (NASDAQ:TA) Institutional Positions Chart

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