TravelCenters of America LLC (NYSE:TA)’s share price fell 1.8% during mid-day trading on Friday . The company traded as low as $8.34 and last traded at $8.36, with a volume of 165,607 shares. The stock had previously closed at $8.51.

A number of brokerages have issued reports on TA. BMO Capital Markets reiterated a “hold” rating on shares of TravelCenters of America in a research report on Wednesday, May 4th. Zacks Investment Research downgraded TravelCenters of America from a “hold” rating to a “sell” rating in a research report on Tuesday, July 12th. Citigroup Inc. lowered their price target on TravelCenters of America from $12.00 to $9.00 and set a “buy” rating on the stock in a research report on Monday, March 21st. Finally, FBR & Co reiterated an “outperform” rating and set a $16.00 price target (up previously from $15.00) on shares of TravelCenters of America in a research report on Tuesday, May 10th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. TravelCenters of America currently has an average rating of “Hold” and a consensus price target of $12.33.

The stock has a market cap of $325.13 million and a price-to-earnings ratio of 158.11. The firm’s 50-day moving average is $7.88 and its 200-day moving average is $7.62.

TravelCenters of America (NYSE:TA) last posted its earnings results on Monday, May 9th. The company reported ($0.26) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.18) by $0.08. The firm earned $1.16 billion during the quarter, compared to analyst estimates of $1.40 billion. The business’s revenue was down 17.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.41 earnings per share. Analysts expect that TravelCenters of America LLC will post $0.32 EPS for the current year.

In related news, VP Mark R. Young sold 30,000 shares of the business’s stock in a transaction dated Thursday, May 12th. The stock was sold at an average price of $7.19, for a total value of $215,700.00. Following the transaction, the vice president now owns 182,355 shares in the company, valued at approximately $1,311,132.45. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Barry A. Richards sold 53,309 shares of the business’s stock in a transaction dated Friday, May 13th. The shares were sold at an average price of $7.14, for a total value of $380,626.26. Following the completion of the transaction, the executive vice president now owns 103,763 shares in the company, valued at approximately $740,867.82. The disclosure for this sale can be found here.

A hedge fund recently raised its stake in TravelCenters of America stock. Morgan Stanley increased its stake in shares of TravelCenters of America LLC (NYSE:TA) by 3.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 276,335 shares of the company’s stock after buying an additional 10,215 shares during the period. Morgan Stanley owned about 0.72% of TravelCenters of America worth $2,598,000 as of its most recent filing with the SEC.

TravelCenters of America LLC (TravelCenters) operates and franchises approximately 460 travel centers and convenience store locations. The Company’s segments include travel centers and convenience stores. Its customers include trucking fleets and their drivers, independent truck drivers and highway and local motorists.

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