TravelCenters of America (NASDAQ:TA) was upgraded by TheStreet from a “d” rating to a “c-” rating in a note issued to investors on Thursday.

TA has been the topic of several other reports. Zacks Investment Research raised shares of TravelCenters of America from a “hold” rating to a “buy” rating and set a $5.00 target price on the stock in a research note on Saturday, November 11th. B. Riley set a $10.00 target price on shares of TravelCenters of America and gave the stock a “buy” rating in a research note on Thursday. FBR & Co set a $9.00 price objective on shares of TravelCenters of America and gave the stock a “buy” rating in a report on Wednesday, August 30th. Finally, Citigroup downgraded shares of TravelCenters of America from a “buy” rating to a “sell” rating and set a $4.50 price objective on the stock. in a report on Wednesday, October 11th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $7.38.

Shares of TravelCenters of America (NASDAQ TA) traded down $0.05 during midday trading on Thursday, reaching $4.50. 610,417 shares of the company traded hands, compared to its average volume of 239,266. TravelCenters of America has a fifty-two week low of $2.95 and a fifty-two week high of $7.75. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.64 and a current ratio of 1.21.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TA. Signia Capital Management LLC raised its holdings in TravelCenters of America by 494.1% during the second quarter. Signia Capital Management LLC now owns 667,202 shares of the specialty retailer’s stock worth $2,736,000 after buying an additional 554,894 shares during the last quarter. Forward Management LLC acquired a new position in TravelCenters of America during the third quarter worth $1,692,000. Russell Investments Group Ltd. raised its holdings in TravelCenters of America by 68.0% during the third quarter. Russell Investments Group Ltd. now owns 812,862 shares of the specialty retailer’s stock worth $3,455,000 after buying an additional 328,950 shares during the last quarter. Sterneck Capital Management LLC raised its holdings in TravelCenters of America by 42.5% during the second quarter. Sterneck Capital Management LLC now owns 816,871 shares of the specialty retailer’s stock worth $3,349,000 after buying an additional 243,673 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in TravelCenters of America by 118.0% during the third quarter. Dimensional Fund Advisors LP now owns 371,102 shares of the specialty retailer’s stock worth $1,577,000 after buying an additional 200,905 shares during the last quarter. Hedge funds and other institutional investors own 34.18% of the company’s stock.

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About TravelCenters of America

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.

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