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

Entropy Technologies LP raised its holdings in shares of TFI International Inc. (NYSE:TFII - Free Report) by 97.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,295 shares of the company's stock after buying an additional 4,595 shares during the quarter. Entropy Technologies LP's holdings in TFI International were worth $1,256,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the company. Canoe Financial LP acquired a new position in shares of TFI International in the fourth quarter valued at $1,853,000. Toronto Dominion Bank raised its stake in shares of TFI International by 37.9% in the third 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 in the last quarter. Geode Capital Management LLC raised its stake in shares of TFI International by 6.8% in the third quarter. Geode Capital Management LLC now owns 356,808 shares of the company's stock valued at $49,288,000 after purchasing an additional 22,566 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new position in shares of TFI International in the third quarter valued at $2,373,000. Finally, iA Global Asset Management Inc. raised its stake in shares of TFI International by 1,894.5% in the third quarter. iA Global Asset Management Inc. now owns 32,910 shares of the company's stock valued at $4,505,000 after purchasing an additional 31,260 shares in the last quarter. 73.30% of the stock is currently owned by institutional investors and hedge funds.

TFI International Price Performance

Shares of TFII stock traded down $0.30 during trading hours on Friday, hitting $129.03. 236,761 shares of the company's stock were exchanged, compared to its average volume of 203,295. The stock's 50-day moving average is $137.26 and its 200-day moving average is $141.47. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.98 and a quick ratio of 0.96. The stock has a market cap of $10.86 billion, a price-to-earnings ratio of 23.46, a price-to-earnings-growth ratio of 1.48 and a beta of 1.57. TFI International Inc. has a 52 week low of $124.36 and a 52 week high of $162.13.

Wall Street Analysts Forecast Growth

TFII has been the subject of a number of recent research reports. Royal Bank of Canada cut their target price on TFI International from $167.00 to $160.00 and set an "outperform" rating for the company in a research note on Wednesday, October 23rd. TD Securities lowered 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. Citigroup upped their price target on TFI International from $158.00 to $170.00 and gave the company a "buy" rating in a research report on Tuesday, November 12th. Desjardins upgraded TFI International from a "hold" rating to a "buy" rating in a research report on Monday, December 9th. Finally, National Bankshares lowered their price target on TFI International from $209.00 to $198.00 and set a "sector perform" rating on the stock in a research report on Wednesday, October 23rd. Five investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $170.85.

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.