Legato Capital Management LLC Buys 859 Shares of TFI International Inc. (NYSE:TFII)

Legato Capital Management LLC increased its stake in TFI International Inc. (NYSE:TFII) by 8.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,468 shares of the company’s stock after buying an additional 859 shares during the quarter. Legato Capital Management LLC’s holdings in TFI International were worth $1,414,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Plato Investment Management Ltd bought a new stake in TFI International during the third quarter worth $134,000. Entropy Technologies LP acquired a new position in shares of TFI International during the 3rd quarter worth about $643,000. Canoe Financial LP bought a new stake in shares of TFI International in the 4th quarter valued at about $1,853,000. Public Employees Retirement System of Ohio acquired a new stake in TFI International in the 3rd quarter valued at about $2,373,000. Finally, Quantbot Technologies LP lifted its stake in TFI International by 295.1% in the 3rd quarter. Quantbot Technologies LP now owns 21,484 shares of the company’s stock valued at $2,941,000 after purchasing an additional 16,047 shares during the last quarter. 73.30% of the stock is owned by institutional investors.

TFI International Stock Down 0.1 %

Shares of TFII opened at $129.89 on Thursday. The company has a current ratio of 0.98, a quick ratio of 0.96 and a debt-to-equity ratio of 0.84. The stock has a market capitalization of $10.94 billion, a PE ratio of 23.62, a P/E/G ratio of 1.48 and a beta of 1.57. The firm’s 50 day moving average is $138.18 and its 200-day moving average is $141.71. TFI International Inc. has a 12 month low of $124.36 and a 12 month high of $162.13.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on TFII shares. Bank of America lowered their price target on TFI International from $152.00 to $143.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 22nd. Royal Bank of Canada decreased their target price on TFI International from $167.00 to $160.00 and set an “outperform” rating on the stock in a report on Wednesday, October 23rd. CIBC raised their price target on TFI International from $166.00 to $176.00 and gave the company an “outperformer” rating in a report on Wednesday, December 4th. Citigroup upped their price objective on shares of TFI International from $158.00 to $170.00 and gave the company a “buy” rating in a report on Tuesday, November 12th. Finally, Desjardins raised shares of TFI International from a “hold” rating to a “buy” rating in a research report on Monday, December 9th. Five investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $170.85.

TFI International 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.