Baskin Financial Services Inc. decreased its position in shares of TFI International Inc. (NYSE:TFII - Free Report) by 0.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 408,274 shares of the company's stock after selling 3,137 shares during the period. TFI International accounts for approximately 4.4% of Baskin Financial Services Inc.'s portfolio, making the stock its 6th biggest holding. Baskin Financial Services Inc. owned about 0.48% of TFI International worth $55,135,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. QV Investors Inc. acquired a new stake in shares of TFI International in the 3rd quarter worth approximately $29,891,000. 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 purchasing an additional 31,260 shares in the last quarter. Geode Capital Management LLC grew its holdings in 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 during the last quarter. Public Employees Retirement System of Ohio purchased a new position in shares of TFI International in the third quarter valued at $2,373,000. Finally, Toronto Dominion Bank raised its stake in shares of TFI International by 37.9% during the 3rd quarter. Toronto Dominion Bank now owns 60,112 shares of the company's stock worth $8,229,000 after buying an additional 16,510 shares during the last quarter. Hedge funds and other institutional investors own 73.30% of the company's stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently commented on TFII shares. JPMorgan Chase & Co. lowered their price objective on shares of TFI International from $181.00 to $178.00 and set a "buy" rating on the stock in a research note on Wednesday, October 23rd. The Goldman Sachs Group dropped their price objective on shares of TFI International from $189.00 to $184.00 and set a "buy" rating for the company in a research note on Wednesday, October 9th. Susquehanna cut their price objective on TFI International from $180.00 to $170.00 and set a "positive" rating for the company in a research report on Wednesday, October 23rd. TD Securities lowered their target price on TFI International from $180.00 to $171.00 and set a "buy" rating on the stock in a report on Wednesday, October 23rd. Finally, Desjardins raised TFI International from a "hold" rating to a "buy" rating in a report on Monday, December 9th. Six investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. According to MarketBeat.com, TFI International currently has a consensus rating of "Moderate Buy" and a consensus target price of $169.13.
View Our Latest Stock Analysis on TFII
TFI International Trading Down 0.2 %
Shares of TFII traded down $0.28 during mid-day trading on Thursday, hitting $130.33. The company had a trading volume of 267,338 shares, compared to its average volume of 204,197. TFI International Inc. has a 1-year low of $124.36 and a 1-year high of $162.13. The business's 50-day simple moving average is $139.96 and its 200-day simple moving average is $142.48. The stock has a market cap of $11.00 billion, a PE ratio of 23.70, a P/E/G ratio of 1.49 and a beta of 1.57. The company has a quick ratio of 0.96, a current ratio of 0.98 and a debt-to-equity ratio of 0.84.
About TFI International
(
Free Report)
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.
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