TFI International Inc. (NYSE:TFII) Shares Sold by AGF Management Ltd.

AGF Management Ltd. decreased its holdings in shares of TFI International Inc. (NYSE:TFII) by 14.6% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 277,465 shares of the company’s stock after selling 47,460 shares during the quarter. AGF Management Ltd.’s holdings in TFI International were worth $37,493,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in the company. Baillie Gifford & Co. acquired a new stake in TFI International during the fourth quarter worth approximately $148,623,000. iA Global Asset Management Inc. boosted its position in TFI International by 1,894.5% during the third quarter. iA Global Asset Management Inc. now owns 32,910 shares of the company’s stock worth $4,505,000 after acquiring an additional 31,260 shares during the last quarter. Geode Capital Management LLC boosted its position in TFI International by 6.8% during the third quarter. Geode Capital Management LLC now owns 356,808 shares of the company’s stock worth $49,288,000 after acquiring an additional 22,566 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new stake in TFI International during the third quarter worth approximately $2,373,000. Finally, Toronto Dominion Bank boosted its holdings in shares of TFI International by 37.9% in the 3rd quarter. Toronto Dominion Bank now owns 60,112 shares of the company’s stock valued at $8,229,000 after purchasing an additional 16,510 shares during the last quarter. 73.30% of the stock is owned by hedge funds and other institutional investors.

TFI International Stock Performance

Shares of NYSE TFII opened at $81.76 on Wednesday. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.03 and a quick ratio of 0.96. The stock’s fifty day moving average price is $120.39 and its two-hundred day moving average price is $135.10. TFI International Inc. has a one year low of $80.19 and a one year high of $162.13. The firm has a market cap of $6.88 billion, a price-to-earnings ratio of 16.35, a P/E/G ratio of 1.11 and a beta of 1.62.

TFI International (NYSE:TFII) last released its quarterly earnings data on Wednesday, February 19th. The company reported $1.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.59 by ($0.40). TFI International had a return on equity of 18.40% and a net margin of 5.08%. The company had revenue of $2.08 billion for the quarter, compared to analyst estimates of $1.54 billion. On average, equities analysts forecast that TFI International Inc. will post 7.76 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on TFII shares. Royal Bank of Canada decreased their price target on shares of TFI International from $156.00 to $127.00 and set an “outperform” rating on the stock in a report on Friday, February 21st. Stephens dropped their price target on shares of TFI International from $138.00 to $110.00 and set an “equal weight” rating on the stock in a research note on Tuesday, February 25th. Veritas lowered shares of TFI International from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 21st. The Goldman Sachs Group lowered their price objective on shares of TFI International from $176.00 to $150.00 and set a “buy” rating for the company in a research report on Friday, February 21st. Finally, UBS Group cut shares of TFI International from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $163.00 to $107.00 in a research report on Friday, February 21st. One analyst has rated the stock with a sell rating, six have issued a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $148.93.

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.