TFI International Inc. (NYSE:TFII) Stake Trimmed by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp trimmed its position in shares of TFI International Inc. (NYSE:TFIIGet Rating) by 93.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 400 shares of the company’s stock after selling 5,700 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in TFI International were worth $72,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. EAM Global Investors LLC acquired a new position in TFI International in the third quarter worth $1,376,000. Russell Investments Group Ltd. boosted its position in TFI International by 75.9% during the fourth quarter. Russell Investments Group Ltd. now owns 33,047 shares of the company’s stock valued at $3,710,000 after purchasing an additional 14,258 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of TFI International by 1.0% in the third quarter. Geode Capital Management LLC now owns 35,810 shares of the company’s stock valued at $3,735,000 after buying an additional 348 shares during the last quarter. Marshall Wace LLP acquired a new stake in TFI International during the 3rd quarter worth approximately $3,855,000. Finally, Toronto Dominion Bank lifted its holdings in TFI International by 138.8% during the 4th quarter. Toronto Dominion Bank now owns 88,428 shares of the company’s stock worth $9,917,000 after purchasing an additional 51,392 shares during the last quarter. Hedge funds and other institutional investors own 60.04% of the company’s stock.

A number of equities research analysts recently weighed in on TFII shares. TD Securities boosted their price objective on TFI International from C$125.00 to C$135.00 in a research report on Monday, May 2nd. Morgan Stanley boosted their price objective on TFI International from $125.00 to $135.00 and gave the stock an “overweight” rating in a report on Wednesday, February 9th. TheStreet upgraded TFI International from a “c” rating to a “b-” rating in a research note on Monday, February 7th. JPMorgan Chase & Co. dropped their target price on TFI International from $134.00 to $112.00 and set an “overweight” rating on the stock in a research report on Friday, April 8th. Finally, Bank of America downgraded TFI International from a “buy” rating to a “neutral” rating and set a $95.00 price objective on the stock. in a research report on Friday, April 8th. Three investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $123.41.

NYSE:TFII opened at $80.83 on Friday. TFI International Inc. has a 52 week low of $75.65 and a 52 week high of $120.50. The firm has a 50 day moving average of $91.31 and a 200 day moving average of $97.93. The company has a quick ratio of 1.16, a current ratio of 1.19 and a debt-to-equity ratio of 0.73. The stock has a market capitalization of $7.39 billion, a price-to-earnings ratio of 11.35, a PEG ratio of 0.62 and a beta of 1.78.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 15th. Stockholders of record on Thursday, March 31st were paid a $0.27 dividend. The ex-dividend date of this dividend was Wednesday, March 30th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.34%. TFI International’s payout ratio is currently 15.17%.

TFI International Company Profile (Get Rating)

TFI International Inc provides transportation and logistics services in the United States, Canada, and Mexico. 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.

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Institutional Ownership by Quarter for TFI International (NYSE:TFII)

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