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 shares of TFI International Inc. (NYSE:TFII) by 14.1% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 188,040 shares of the company’s stock after selling 30,965 shares during the quarter. Vaughan Nelson Investment Management L.P. owned approximately 0.22% of TFI International worth $25,402,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Geode Capital Management LLC boosted its position in TFI International by 6.8% during the 3rd quarter. Geode Capital Management LLC now owns 356,808 shares of the company’s stock worth $49,288,000 after buying an additional 22,566 shares during the period. Canoe Financial LP bought a new position in shares of TFI International during the fourth quarter valued at $1,853,000. Quantbot Technologies LP lifted its holdings in shares of TFI International by 295.1% during the third quarter. Quantbot Technologies LP now owns 21,484 shares of the company’s stock worth $2,941,000 after purchasing an additional 16,047 shares during the period. Entropy Technologies LP acquired a new stake in TFI International in the third quarter valued at $643,000. Finally, iA Global Asset Management Inc. raised its position in TFI International by 1,894.5% during the 3rd quarter. iA Global Asset Management Inc. now owns 32,910 shares of the company’s stock worth $4,505,000 after purchasing an additional 31,260 shares during the last quarter. 73.30% of the stock is currently owned by institutional investors and hedge funds.

TFI International Stock Down 0.8 %

TFII stock opened at $129.36 on Monday. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.96 and a current ratio of 0.98. TFI International Inc. has a fifty-two week low of $124.36 and a fifty-two week high of $162.13. The stock’s 50 day simple moving average is $139.52 and its 200 day simple moving average is $142.14. The company has a market cap of $10.89 billion, a P/E ratio of 23.52, a price-to-earnings-growth ratio of 1.48 and a beta of 1.57.

Analyst Ratings Changes

TFII has been the topic of a number of analyst reports. TD Securities reduced their price target on TFI International from $180.00 to $171.00 and set a “buy” rating on the stock in a research report on Wednesday, October 23rd. Stifel Nicolaus upped their target price on TFI International from $139.00 to $147.00 and gave the company a “hold” rating in a report on Thursday, January 30th. Susquehanna lowered their price target on shares of TFI International from $180.00 to $170.00 and set a “positive” rating for the company in a report on Wednesday, October 23rd. JPMorgan Chase & Co. dropped their price target on shares of TFI International from $181.00 to $178.00 and set a “buy” rating on the stock in a research report on Wednesday, October 23rd. Finally, CIBC increased 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. Six investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, TFI International currently has an average rating of “Moderate Buy” and a consensus target price of $169.13.

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.