Amundi Sells 111,514 Shares of TFI International Inc. $TFII

Amundi reduced its stake in shares of TFI International Inc. (NYSE:TFII) by 61.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 69,688 shares of the company’s stock after selling 111,514 shares during the quarter. Amundi owned about 0.08% of TFI International worth $5,286,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in TFII. BI Asset Management Fondsmaeglerselskab A S grew its holdings in shares of TFI International by 10.5% in the first quarter. BI Asset Management Fondsmaeglerselskab A S now owns 41,278 shares of the company’s stock valued at $3,197,000 after purchasing an additional 3,925 shares in the last quarter. Quantbot Technologies LP grew its holdings in shares of TFI International by 877.9% in the first quarter. Quantbot Technologies LP now owns 78,466 shares of the company’s stock valued at $6,077,000 after purchasing an additional 70,442 shares in the last quarter. Entropy Technologies LP grew its holdings in shares of TFI International by 46.9% in the first quarter. Entropy Technologies LP now owns 13,656 shares of the company’s stock valued at $1,058,000 after purchasing an additional 4,361 shares in the last quarter. Baskin Financial Services Inc. grew its holdings in shares of TFI International by 1.2% in the first quarter. Baskin Financial Services Inc. now owns 413,366 shares of the company’s stock valued at $32,002,000 after purchasing an additional 5,092 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. grew its holdings in shares of TFI International by 4.2% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,012 shares of the company’s stock valued at $698,000 after purchasing an additional 363 shares in the last quarter. 73.30% of the stock is owned by hedge funds and other institutional investors.

TFI International Stock Up 0.3%

NYSE:TFII opened at $92.77 on Thursday. TFI International Inc. has a twelve month low of $72.02 and a twelve month high of $155.12. The company has a market cap of $7.66 billion, a price-to-earnings ratio of 21.28, a price-to-earnings-growth ratio of 3.19 and a beta of 1.47. The stock has a fifty day simple moving average of $91.30 and a 200-day simple moving average of $86.85. The company has a current ratio of 1.05, a quick ratio of 1.03 and a debt-to-equity ratio of 0.88.

TFI International (NYSE:TFII) last released its earnings results on Monday, July 28th. The company reported $1.34 earnings per share for the quarter, topping the consensus estimate of $1.24 by $0.10. TFI International had a return on equity of 15.45% and a net margin of 4.48%.The business had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $1.49 billion. Analysts anticipate that TFI International Inc. will post 7.76 EPS for the current year.

Analysts Set New Price Targets

A number of research firms recently weighed in on TFII. Susquehanna raised their target price on shares of TFI International from $100.00 to $105.00 and gave the company a “positive” rating in a report on Wednesday, June 18th. TD Cowen cut their target price on shares of TFI International from $115.00 to $107.00 and set a “buy” rating for the company in a report on Tuesday, July 29th. UBS Group lifted their price objective on shares of TFI International from $88.00 to $90.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 29th. Cormark lowered shares of TFI International from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, July 29th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of TFI International from $101.00 to $116.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 29th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, TFI International presently has an average rating of “Moderate Buy” and a consensus price target of $117.13.

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.