Entropy Technologies LP Has $1.26 Million Position in TFI International Inc. (NYSE:TFII)

Entropy Technologies LP lifted its position in TFI International Inc. (NYSE:TFII) by 97.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,295 shares of the company’s stock after acquiring an additional 4,595 shares during the period. Entropy Technologies LP’s holdings in TFI International were worth $1,256,000 at the end of the most recent quarter.

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

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on TFII shares. Desjardins upgraded TFI International from a “hold” rating to a “buy” rating in a report on Monday, December 9th. CIBC increased their target price on TFI International from $166.00 to $176.00 and gave the stock an “outperformer” rating in a research note on Wednesday, December 4th. TD Securities cut their price target on shares of TFI International from $180.00 to $171.00 and set a “buy” rating on the stock in a research note on Wednesday, October 23rd. Citigroup increased their price objective on shares of TFI International from $158.00 to $170.00 and gave the stock a “buy” rating in a research report on Tuesday, November 12th. Finally, Royal Bank of Canada cut their price objective on shares of TFI International from $167.00 to $160.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 23rd. 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.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $169.13.

TFI International Trading Up 0.3 %

Shares of TFI International stock opened at $129.67 on Tuesday. TFI International Inc. has a 12-month low of $124.36 and a 12-month high of $162.13. The company has a quick ratio of 0.96, a current ratio of 0.98 and a debt-to-equity ratio of 0.84. The business’s 50 day moving average is $139.06 and its 200-day moving average is $141.96. The stock has a market cap of $10.92 billion, a P/E ratio of 23.58, a P/E/G ratio of 1.48 and a beta of 1.57.

About TFI International

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.