Brown Brothers Harriman & Co. Has $32,000 Stock Holdings in TFI International Inc. (NYSE:TFII)

Brown Brothers Harriman & Co. raised its holdings in TFI International Inc. (NYSE:TFII) by 124.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 236 shares of the company’s stock after buying an additional 131 shares during the quarter. Brown Brothers Harriman & Co.’s holdings in TFI International were worth $32,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in TFII. iA Global Asset Management Inc. grew its stake in shares of TFI International by 1,894.5% in the third quarter. iA Global Asset Management Inc. now owns 32,910 shares of the company’s stock worth $4,505,000 after acquiring an additional 31,260 shares during the last quarter. Public Employees Retirement System of Ohio bought a new stake in TFI International in the 3rd quarter valued at $2,373,000. Geode Capital Management LLC grew its position in TFI International by 6.8% in the 3rd quarter. Geode Capital Management LLC now owns 356,808 shares of the company’s stock worth $49,288,000 after purchasing an additional 22,566 shares during the last quarter. Toronto Dominion Bank increased its holdings in shares of TFI International by 37.9% during the 3rd quarter. Toronto Dominion Bank now owns 60,112 shares of the company’s stock worth $8,229,000 after purchasing an additional 16,510 shares during the period. Finally, Canoe Financial LP acquired a new position in shares of TFI International during the fourth quarter valued at about $1,853,000. 73.30% of the stock is owned by institutional investors.

TFI International Stock Up 4.5 %

NYSE TFII opened at $80.77 on Thursday. The stock’s 50 day simple moving average is $103.60 and its 200 day simple moving average is $128.10. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.03 and a quick ratio of 0.96. TFI International Inc. has a one year low of $74.01 and a one year high of $162.13. The firm has a market cap of $6.80 billion, a PE ratio of 16.15, a price-to-earnings-growth ratio of 1.11 and a beta of 1.62.

TFI International (NYSE:TFII) last announced its earnings results on Wednesday, February 19th. The company reported $1.19 EPS for the quarter, missing the consensus estimate of $1.59 by ($0.40). TFI International had a return on equity of 18.40% and a net margin of 5.08%. The business had revenue of $2.08 billion for the quarter, compared to the consensus estimate of $1.54 billion. As a group, sell-side analysts forecast that TFI International Inc. will post 7.76 earnings per share for the current fiscal year.

TFI International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.23%. The ex-dividend date of this dividend is Monday, March 31st. TFI International’s dividend payout ratio is presently 36.00%.

Wall Street Analysts Forecast Growth

TFII has been the topic of a number of recent research reports. Desjardins raised TFI International from a “hold” rating to a “buy” rating in a research report on Monday, December 9th. CIBC lowered their price objective on TFI International from $160.00 to $141.00 and set an “outperformer” rating on the stock in a research report on Friday, February 21st. The Goldman Sachs Group reduced their target price on TFI International from $176.00 to $150.00 and set a “buy” rating for the company in a research report on Friday, February 21st. Susquehanna lowered their price target on shares of TFI International from $135.00 to $105.00 and set a “positive” rating on the stock in a report on Monday. Finally, Stifel Nicolaus dropped their price objective on shares of TFI International from $147.00 to $120.00 and set a “hold” rating for the company in a research note on Friday, February 21st. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $143.71.

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.