Vaughan Nelson Investment Management L.P. Sells 30,965 Shares of TFI International Inc. (NYSE:TFII)

Vaughan Nelson Investment Management L.P. lowered its stake in shares of TFI International Inc. (NYSE:TFII - Free Report) by 14.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 188,040 shares of the company's stock after selling 30,965 shares during the period. Vaughan Nelson Investment Management L.P. owned about 0.22% of TFI International worth $25,402,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of the business. Plato Investment Management Ltd acquired a new stake in TFI International during the 3rd quarter worth approximately $134,000. Entropy Technologies LP purchased a new stake in shares of TFI International in the 3rd quarter valued at approximately $643,000. Canoe Financial LP purchased a new stake in shares of TFI International in the 4th quarter valued at approximately $1,853,000. Public Employees Retirement System of Ohio purchased a new stake in shares of TFI International in the 3rd quarter valued at approximately $2,373,000. Finally, Quantbot Technologies LP increased its position in shares of TFI International by 295.1% in the 3rd quarter. Quantbot Technologies LP now owns 21,484 shares of the company's stock valued at $2,941,000 after purchasing an additional 16,047 shares during the last quarter. Hedge funds and other institutional investors own 73.30% of the company's stock.

TFI International Price Performance

NYSE:TFII traded down $0.45 during trading hours on Thursday, hitting $129.46. The company's stock had a trading volume of 110,288 shares, compared to its average volume of 202,144. The stock has a fifty day simple moving average of $137.72 and a 200-day simple moving average of $141.62. The company has a market capitalization of $10.90 billion, a P/E ratio of 23.54, a PEG ratio of 1.48 and a beta of 1.57. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.98 and a quick ratio of 0.96. TFI International Inc. has a twelve month low of $124.36 and a twelve month high of $162.13.

Wall Street Analyst Weigh In

A number of research analysts recently commented on TFII shares. Desjardins raised shares of TFI International from a "hold" rating to a "buy" rating in a research report on Monday, December 9th. Citigroup raised their target price on shares of TFI International from $158.00 to $170.00 and gave the stock a "buy" rating in a research note on Tuesday, November 12th. Bank of America reduced their target price on shares of TFI International from $152.00 to $143.00 and set a "neutral" rating for the company in a research note on Tuesday, October 22nd. Susquehanna reduced their price objective on shares of TFI International from $180.00 to $170.00 and set a "positive" rating for the company in a research note on Wednesday, October 23rd. Finally, Stifel Nicolaus raised their price objective on shares of TFI International from $139.00 to $147.00 and gave the company a "hold" rating in a research note on Thursday, January 30th. Five analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus 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.