Vaughan Nelson Investment Management L.P. Sells 30,965 Shares of TFI International Inc. (NYSE:TFII)

Vaughan Nelson Investment Management L.P. lessened its stake in TFI International Inc. (NYSE:TFII) by 14.1% during the fourth quarter, Holdings Channel reports. The firm owned 188,040 shares of the company’s stock after selling 30,965 shares during the period. Vaughan Nelson Investment Management L.P.’s holdings in TFI International were worth $25,402,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. QV Investors Inc. bought a new position in shares of TFI International during the 3rd quarter worth approximately $29,891,000. iA Global Asset Management Inc. increased its position in shares of TFI International by 1,894.5% during the third quarter. iA Global Asset Management Inc. now owns 32,910 shares of the company’s stock valued at $4,505,000 after acquiring an additional 31,260 shares during the last quarter. Geode Capital Management LLC lifted its holdings in TFI International by 6.8% during the third quarter. Geode Capital Management LLC now owns 356,808 shares of the company’s stock worth $49,288,000 after acquiring an additional 22,566 shares during the period. Public Employees Retirement System of Ohio purchased a new position in TFI International in the third quarter worth $2,373,000. Finally, Toronto Dominion Bank grew its stake in TFI International by 37.9% in the 3rd quarter. Toronto Dominion Bank now owns 60,112 shares of the company’s stock valued at $8,229,000 after purchasing an additional 16,510 shares during the period. Hedge funds and other institutional investors own 73.30% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on TFII shares. Bank of America lowered their target price on TFI International from $152.00 to $143.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 22nd. CIBC lifted their price objective on shares of TFI International from $166.00 to $176.00 and gave the stock an “outperformer” rating in a research report on Wednesday, December 4th. Stifel Nicolaus increased their target price on shares of TFI International from $139.00 to $147.00 and gave the company a “hold” rating in a research report on Thursday, January 30th. Citigroup lifted their price target on shares of TFI International from $158.00 to $170.00 and gave the stock a “buy” rating in a report on Tuesday, November 12th. Finally, TD Cowen reduced their price objective on TFI International from $180.00 to $171.00 and set a “buy” rating for the company in a report on Wednesday, October 23rd. Six research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $169.13.

TFI International Stock Down 0.8 %

Shares of NYSE TFII opened at $129.36 on Monday. The business has a 50-day simple moving average of $139.52 and a two-hundred day simple moving average of $142.14. TFI International Inc. has a 52 week low of $124.36 and a 52 week high of $162.13. The company has a market cap of $10.89 billion, a P/E ratio of 23.52, a P/E/G ratio of 1.48 and a beta of 1.57. The company has a quick ratio of 0.96, a current ratio of 0.98 and a debt-to-equity ratio of 0.84.

TFI International Company Profile

TFI International Inc, together with its subsidiaries, provides transportation and logistics services in the United States and Canada. The company operates through Package and Courier, Less-Than-Truckload (LTL), Truckload (TL), and Logistics segments. The Package and Courier segment engages in the pickup, transport, and delivery of items in North America.