Insider Buying: TFI International Inc. (TSE:TFII) Insider Buys 3,045 Shares of Stock

TFI International Inc. (TSE:TFII – Get Rating) insider TFI International Inc. purchased 3,045 shares of TFI International stock in a transaction dated Thursday, April 28th. The shares were purchased at an average price of C$104.64 per share, with a total value of C$318,628.80. Following the completion of the acquisition, the insider now owns 167,445 shares in the company, valued at C$17,521,444.80.

Shares of TFII stock opened at C$102.66 on Tuesday. TFI International Inc. has a 12 month low of C$99.47 and a 12 month high of C$148.63. The company has a quick ratio of 0.77, a current ratio of 0.83 and a debt-to-equity ratio of 91.76. The firm has a market cap of C$9.45 billion and a PE ratio of 11.49. The stock has a 50 day moving average of C$120.26 and a 200-day moving average of C$129.34.

The business also recently announced a quarterly dividend, which was paid on Friday, April 15th. Investors of record on Friday, April 15th were paid a dividend of $0.27 per share. This is a boost from TFI International’s previous quarterly dividend of $0.23. This represents a $1.08 annualized dividend and a yield of 1.05%. The ex-dividend date was Wednesday, March 30th. TFI International’s dividend payout ratio is presently 11.19%.

A number of analysts have issued reports on TFII shares. Scotiabank lifted their target price on shares of TFI International from C$135.00 to C$138.00 in a research note on Monday. National Bankshares upped their price objective on shares of TFI International from C$142.00 to C$146.00 and gave the stock an “outperform” rating in a report on Monday. Wolfe Research raised shares of TFI International to a “buy” rating and set a C$115.00 target price on the stock in a research report on Monday, March 14th. Royal Bank of Canada boosted their price target on TFI International to C$158.50 and gave the stock an “outperform” rating in a research report on Wednesday, February 9th. Finally, Bank of America lowered TFI International from a “buy” rating to a “neutral” rating and lowered their price objective for the company from C$145.00 to C$118.00 in a report on Saturday, April 9th. Two investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to MarketBeat.com, TFI International has an average rating of “Buy” and a consensus target price of C$129.33.

TFI International Company Profile (Get Rating)

TFI International Inc provides transportation and logistics services in the United States, Canada, and Mexico. 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.

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