Geode Capital Management LLC Has $64.35 Million Stock Position in TFI International Inc. (NYSE:TFII)

Geode Capital Management LLC lifted its holdings in TFI International Inc. (NYSE:TFII - Free Report) by 31.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 469,263 shares of the company's stock after purchasing an additional 112,455 shares during the quarter. Geode Capital Management LLC owned about 0.56% of TFI International worth $64,345,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Baillie Gifford & Co. acquired a new stake in TFI International in the 4th quarter valued at approximately $148,623,000. Amundi raised its holdings in shares of TFI International by 2.4% in the fourth quarter. Amundi now owns 181,202 shares of the company's stock valued at $24,134,000 after purchasing an additional 4,266 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in shares of TFI International by 6.4% in the fourth quarter. Bank of New York Mellon Corp now owns 78,621 shares of the company's stock valued at $10,621,000 after purchasing an additional 4,763 shares during the last quarter. Toronto Dominion Bank lifted its position 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 worth $8,229,000 after purchasing an additional 16,510 shares in the last quarter. Finally, Public Employees Retirement System of Ohio acquired a new position in TFI International during the third quarter worth $2,373,000. 73.30% of the stock is owned by institutional investors.

TFI International Stock Performance

Shares of TFI International stock traded down $2.18 on Tuesday, hitting $77.19. The stock had a trading volume of 541,724 shares, compared to its average volume of 320,943. The company has a quick ratio of 0.96, a current ratio of 1.03 and a debt-to-equity ratio of 0.86. The business's 50 day moving average is $91.35 and its two-hundred day moving average is $123.11. TFI International Inc. has a twelve month low of $72.02 and a twelve month high of $158.93. The stock has a market cap of $6.48 billion, a price-to-earnings ratio of 15.44, a price-to-earnings-growth ratio of 1.11 and a beta of 1.57.

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TFI International (NYSE:TFII - Get Free Report) last posted its earnings results on Wednesday, February 19th. The company reported $1.19 earnings per share 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 firm had revenue of $2.08 billion for the quarter, compared to analyst estimates of $1.54 billion. Analysts forecast that TFI International Inc. will post 7.76 EPS for the current year.

TFI International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given a dividend of $0.45 per share. The ex-dividend date is Monday, March 31st. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.33%. TFI International's payout ratio is presently 36.00%.

Analysts Set New Price Targets

TFII has been the topic of several analyst reports. Stifel Nicolaus cut their price target on shares of TFI International from $120.00 to $105.00 and set a "hold" rating on the stock in a research report on Monday. Stephens reduced their price target on TFI International from $138.00 to $110.00 and set an "equal weight" rating for the company in a research report on Tuesday, February 25th. Royal Bank of Canada lowered their price target on TFI International from $156.00 to $127.00 and set an "outperform" rating on the stock in a research report on Friday, February 21st. TD Cowen dropped their price objective on TFI International from $135.00 to $128.00 and set a "buy" rating on the stock in a research note on Friday, March 28th. Finally, Susquehanna lowered their target price on shares of TFI International from $135.00 to $105.00 and set a "positive" rating on the stock in a report on Monday, March 31st. One research analyst has rated the stock with a sell rating, four have given a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, TFI International currently has an average rating of "Moderate Buy" and a consensus target price of $140.14.

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.