Zacks Investment Research lowered shares of TravelCenters of America LLC (NYSE:TA) from a buy rating to a hold rating in a research note released on Wednesday morning.

According to Zacks, “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. “

Several other analysts have also weighed in on TA. FBR & Co set a $9.00 price objective on shares of TravelCenters of America and gave the company a buy rating in a research note on Wednesday, August 30th. Citigroup Inc. lowered shares of TravelCenters of America from a buy rating to a sell rating and set a $4.50 price objective for the company. in a research note on Wednesday, October 11th. Two investment analysts have rated the stock with a sell rating and three have issued a buy rating to the company’s stock. The company has a consensus rating of Hold and a consensus price target of $7.38.

Shares of TravelCenters of America (NYSE TA) traded up $0.25 during midday trading on Wednesday, hitting $4.65. 244,055 shares of the stock were exchanged, compared to its average volume of 282,903. TravelCenters of America has a 1 year low of $2.95 and a 1 year high of $7.75.

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Hedge funds have recently made changes to their positions in the business. Highbridge Capital Management LLC bought a new stake in shares of TravelCenters of America in the 1st quarter worth $106,000. Dynamic Technology Lab Private Ltd bought a new stake in shares of TravelCenters of America in the 3rd quarter worth $126,000. State Street Corp grew its stake in shares of TravelCenters of America by 29.5% in the 2nd quarter. State Street Corp now owns 41,685 shares of the specialty retailer’s stock worth $171,000 after acquiring an additional 9,506 shares in the last quarter. Hanson & Doremus Investment Management grew its stake in shares of TravelCenters of America by 144.7% in the 3rd quarter. Hanson & Doremus Investment Management now owns 54,430 shares of the specialty retailer’s stock worth $231,000 after acquiring an additional 32,185 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in shares of TravelCenters of America by 354.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 65,876 shares of the specialty retailer’s stock worth $276,000 after acquiring an additional 51,374 shares in the last quarter.

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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