Van ECK Associates Corp Acquires 743 Shares of TFI International Inc. (NYSE:TFII)

Van ECK Associates Corp boosted its holdings in shares of TFI International Inc. (NYSE:TFIIFree Report) by 6.9% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 11,502 shares of the company’s stock after buying an additional 743 shares during the period. Van ECK Associates Corp’s holdings in TFI International were worth $1,835,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. UMB Bank n.a. bought a new stake in TFI International during the first quarter valued at $136,000. Clearbridge Investments LLC bought a new stake in TFI International during the fourth quarter valued at $287,000. Campbell & CO Investment Adviser LLC boosted its stake in TFI International by 67.0% during the fourth quarter. Campbell & CO Investment Adviser LLC now owns 3,842 shares of the company’s stock valued at $522,000 after buying an additional 1,542 shares during the period. Parallel Advisors LLC raised its position in TFI International by 2.7% during the fourth quarter. Parallel Advisors LLC now owns 10,625 shares of the company’s stock valued at $1,445,000 after purchasing an additional 278 shares in the last quarter. Finally, Argent Capital Management LLC raised its position in TFI International by 2.5% during the fourth quarter. Argent Capital Management LLC now owns 20,313 shares of the company’s stock valued at $2,762,000 after purchasing an additional 494 shares in the last quarter. Institutional investors own 73.30% of the company’s stock.

TFI International Stock Down 0.5 %

Shares of NYSE:TFII opened at $146.97 on Monday. TFI International Inc. has a 1 year low of $104.91 and a 1 year high of $162.13. The company has a market cap of $12.41 billion, a PE ratio of 26.10, a P/E/G ratio of 1.56 and a beta of 1.56. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.66 and a quick ratio of 1.64. The stock’s 50-day moving average is $137.16 and its 200 day moving average is $141.75.

TFI International (NYSE:TFIIGet Free Report) last announced its quarterly earnings results on Thursday, April 25th. The company reported $1.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.39 by ($0.15). TFI International had a net margin of 6.44% and a return on equity of 20.39%. The business had revenue of $1.87 billion for the quarter, compared to analysts’ expectations of $1.89 billion. Sell-side analysts anticipate that TFI International Inc. will post 6.83 EPS for the current year.

TFI International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Friday, June 28th will be issued a dividend of $0.40 per share. The ex-dividend date is Friday, June 28th. This represents a $1.60 dividend on an annualized basis and a yield of 1.09%. TFI International’s dividend payout ratio is presently 28.42%.

Wall Street Analyst Weigh In

TFII has been the topic of a number of research reports. Royal Bank of Canada lowered their price target on TFI International from $173.00 to $162.00 and set an “outperform” rating on the stock in a research report on Monday, April 29th. National Bank Financial upgraded TFI International from a “sector perform under weight” rating to an “outperfrom under weight” rating in a research report on Friday, April 26th. CIBC lowered their price target on TFI International from $172.00 to $167.00 and set an “outperform” rating on the stock in a research report on Wednesday, June 12th. The Goldman Sachs Group raised their price target on TFI International from $157.00 to $173.00 and gave the company a “buy” rating in a research report on Thursday, April 11th. Finally, Bank of America raised their price target on TFI International from $154.00 to $166.00 and gave the company a “neutral” rating in a research report on Monday, April 15th. Three analysts have rated the stock with a hold rating and fourteen 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 $161.53.

Get Our Latest Stock Analysis on TFI International

TFI International Profile

(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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Institutional Ownership by Quarter for TFI International (NYSE:TFII)

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