6,910 Shares of TFI International Inc. $TFII Purchased by CenterBook Partners LP

CenterBook Partners LP bought a new stake in TFI International Inc. (NYSE:TFII) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 6,910 shares of the company’s stock, valued at approximately $828,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Laurel Wealth Advisors LLC acquired a new stake in TFI International during the 3rd quarter valued at $36,000. Allworth Financial LP acquired a new position in shares of TFI International in the second quarter worth $46,000. State of Wyoming acquired a new position in shares of TFI International in the second quarter worth $56,000. Versant Capital Management Inc raised its holdings in shares of TFI International by 47.3% in the second quarter. Versant Capital Management Inc now owns 408 shares of the company’s stock worth $59,000 after acquiring an additional 131 shares during the last quarter. Finally, Tacita Capital Inc purchased a new stake in shares of TFI International in the second quarter valued at $91,000. Hedge funds and other institutional investors own 73.30% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on TFII shares. The Goldman Sachs Group decreased their price objective on TFI International from $178.00 to $155.00 and set a “buy” rating on the stock in a research note on Monday, November 2nd. Veritas assumed coverage on TFI International in a research report on Tuesday, November 3rd. They set a “hold” rating for the company. Wall Street Zen lowered shares of TFI International from a “buy” rating to a “hold” rating in a report on Saturday. Stifel Nicolaus decreased their price target on shares of TFI International from $132.00 to $107.00 and set a “hold” rating on the stock in a research note on Monday, November 2nd. Finally, Citigroup decreased their price target on shares of TFI International from $157.00 to $123.00 and set a “buy” rating on the stock in a research note on Monday, November 2nd. Sixteen investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $142.95.

TFI International Trading Down 0.4%

Shares of TFII opened at $94.32 on Wednesday. The stock has a fifty day moving average of $116.72 and a two-hundred day moving average of $128.73. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.10 and a current ratio of 1.11. The company has a market capitalization of $7.72 billion, a PE ratio of 21.78, a price-to-earnings-growth ratio of 0.76 and a beta of 1.67. TFI International Inc. has a fifty-two week low of $80.63 and a fifty-two week high of $167.69.

TFI International (NYSE:TFII) last issued its quarterly earnings results on Thursday, October 29th. The company reported $1.67 earnings per share for the quarter, missing analysts’ consensus estimates of $1.75 by ($0.08). TFI International had a return on equity of 16.05% and a net margin of 4.26%. The business had revenue of $2.23 billion for the quarter, compared to analysts’ expectations of $2.23 billion. As a group, analysts forecast that TFI International Inc. will post 5.56 EPS for the current year.

TFI International Company Profile

TFI International is a North American transportation and logistics company headquartered in Saint-Laurent, Quebec. It provides freight transportation and related services through operating companies across Canada and the United States, with additional cross-border services. The company’s activities include less-than-truckload and truckload transportation, logistics and freight brokerage, and package and courier delivery. It also offers services such as intermodal transportation, warehousing, and specialized transportation, including waste and flatbed services.