TFI International Inc. $TFII Shares Bought by Baillie Gifford & Co.

Baillie Gifford & Co. lifted its stake in shares of TFI International Inc. (NYSE:TFII) by 1.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,029,871 shares of the company’s stock after buying an additional 10,693 shares during the quarter. Baillie Gifford & Co. owned about 1.25% of TFI International worth $106,590,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of TFII. Cornerstone Planning Group LLC lifted its position in shares of TFI International by 20,080.0% during the 3rd quarter. Cornerstone Planning Group LLC now owns 1,009 shares of the company’s stock worth $89,000 after buying an additional 1,004 shares during the last quarter. SG Americas Securities LLC purchased a new stake in shares of TFI International during the 4th quarter worth approximately $112,000. Flow Traders U.S. LLC purchased a new stake in shares of TFI International during the 3rd quarter worth approximately $207,000. United Services Automobile Association purchased a new stake in shares of TFI International during the 1st quarter worth approximately $217,000. Finally, FourThought Financial Partners LLC purchased a new stake in shares of TFI International during the 3rd quarter worth approximately $245,000. Hedge funds and other institutional investors own 73.30% of the company’s stock.

TFI International Stock Performance

Shares of TFII opened at $124.11 on Tuesday. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.02 and a current ratio of 1.03. The stock has a market capitalization of $10.20 billion, a P/E ratio of 33.36, a P/E/G ratio of 1.55 and a beta of 1.53. The company’s fifty day moving average is $113.71 and its two-hundred day moving average is $102.98. TFI International Inc. has a 1 year low of $74.90 and a 1 year high of $127.44.

TFI International (NYSE:TFII) last announced its quarterly earnings data on Tuesday, February 17th. The company reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.24. The company had revenue of $1.91 billion for the quarter, compared to analysts’ expectations of $1.37 billion. TFI International had a net margin of 3.94% and a return on equity of 13.73%. On average, sell-side analysts predict that TFI International Inc. will post 7.76 earnings per share for the current year.

TFI International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be paid a $0.47 dividend. This represents a $1.88 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Tuesday, March 31st. TFI International’s payout ratio is currently 50.54%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on TFII shares. The Goldman Sachs Group lifted their target price on shares of TFI International from $116.00 to $128.00 and gave the company a “buy” rating in a report on Thursday, February 19th. Susquehanna lifted their target price on shares of TFI International from $123.00 to $134.00 and gave the company a “positive” rating in a report on Thursday, February 19th. Royal Bank Of Canada lifted their target price on shares of TFI International from $125.00 to $137.00 and gave the company an “outperform” rating in a report on Thursday, February 19th. UBS Group lifted their target price on shares of TFI International from $101.00 to $110.00 and gave the company a “neutral” rating in a report on Thursday, February 19th. Finally, Canadian Imperial Bank of Commerce set a $134.00 target price on shares of TFI International and gave the company an “outperform” rating in a report on Thursday, February 19th. Ten research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $127.75.

TFI International Profile

TFI International Inc (NYSE: TFII) is a leading North American transport and logistics company headquartered in Montreal, Quebec. The company operates through a network of subsidiaries that provide truckload, less-than-truckload (LTL), specialized freight, package and courier, and logistics services. By integrating these operations, TFI delivers comprehensive end-to-end solutions, including long-haul and regional transportation, expedited delivery, warehousing, and cross-border freight movement.

Originally founded in 1957 as a regional trucking outfit in Cabano, Quebec, TFI International has expanded significantly through a disciplined acquisition strategy.