Dixon Mitchell Investment Counsel Inc. reduced its stake in shares of TFI International Inc. (NYSE:TFII – Free Report) by 0.7% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 905,699 shares of the company’s stock after selling 6,340 shares during the period. TFI International makes up 3.1% of Dixon Mitchell Investment Counsel Inc.’s investment portfolio, making the stock its 13th biggest position. Dixon Mitchell Investment Counsel Inc. owned about 1.10% of TFI International worth $94,194,000 as of its most recent filing with the SEC.
A number of other hedge funds also recently made changes to their positions in TFII. SG Americas Securities LLC bought a new stake in shares of TFI International during the 4th quarter worth $112,000. Flow Traders U.S. LLC bought a new stake in shares of TFI International during the 3rd quarter worth $207,000. United Services Automobile Association bought a new stake in shares of TFI International during the 1st quarter worth $217,000. FourThought Financial Partners LLC bought a new stake in shares of TFI International during the 3rd quarter worth $245,000. Finally, Marshall Wace LLP bought a new stake in shares of TFI International during the 2nd quarter worth $294,000. 73.30% of the stock is owned by institutional investors.
TFI International Price Performance
TFII stock opened at $160.29 on Friday. TFI International Inc. has a 12-month low of $80.63 and a 12-month high of $167.69. The company has a current ratio of 1.07, a quick ratio of 1.06 and a debt-to-equity ratio of 0.88. The firm’s 50-day moving average price is $140.24 and its two-hundred day moving average price is $119.23. The stock has a market capitalization of $13.17 billion, a price-to-earnings ratio of 44.65, a PEG ratio of 1.43 and a beta of 1.62.
TFI International Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were given a dividend of $0.47 per share. The ex-dividend date was Tuesday, March 31st. This represents a $1.88 annualized dividend and a dividend yield of 1.2%. TFI International’s payout ratio is currently 52.37%.
Analyst Upgrades and Downgrades
TFII has been the topic of a number of analyst reports. Stephens decreased their target price on shares of TFI International from $115.00 to $105.00 and set an “equal weight” rating on the stock in a research report on Thursday, February 19th. Citigroup lifted their target price on shares of TFI International from $144.00 to $163.00 and gave the stock a “buy” rating in a research report on Tuesday, April 28th. Stifel Nicolaus lifted their target price on shares of TFI International from $117.00 to $136.00 and gave the stock a “hold” rating in a research report on Tuesday, April 28th. Zacks Research upgraded shares of TFI International from a “strong sell” rating to a “hold” rating in a research report on Monday, April 13th. Finally, Needham & Company LLC set a $130.00 target price on shares of TFI International in a research report on Wednesday, February 18th. Nine investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $150.43.
Check Out Our Latest Stock Analysis on TFII
TFI International Company 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.
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