Kennedy Capital Management LLC Has $8.62 Million Stock Position in TFI International Inc. $TFII

Kennedy Capital Management LLC boosted its stake in TFI International Inc. (NYSE:TFII) by 23.1% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 96,163 shares of the company’s stock after purchasing an additional 18,049 shares during the quarter. Kennedy Capital Management LLC’s holdings in TFI International were worth $8,623,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. United Services Automobile Association acquired a new stake in TFI International during the first quarter worth about $217,000. Entropy Technologies LP lifted its holdings in shares of TFI International by 46.9% during the 1st quarter. Entropy Technologies LP now owns 13,656 shares of the company’s stock worth $1,058,000 after acquiring an additional 4,361 shares during the period. Sumitomo Mitsui Trust Group Inc. lifted its holdings in shares of TFI International by 36.2% during the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 12,275 shares of the company’s stock worth $1,101,000 after acquiring an additional 3,263 shares during the period. BI Asset Management Fondsmaeglerselskab A S boosted its position in shares of TFI International by 10.5% during the 1st quarter. BI Asset Management Fondsmaeglerselskab A S now owns 41,278 shares of the company’s stock worth $3,197,000 after acquiring an additional 3,925 shares in the last quarter. Finally, Quantbot Technologies LP increased its stake in 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 acquiring an additional 70,442 shares during the last quarter. Institutional investors own 73.30% of the company’s stock.

Wall Street Analysts Forecast Growth

TFII has been the subject of several recent analyst reports. UBS Group upped their target price on TFI International from $90.00 to $102.00 and gave the stock a “neutral” rating in a research note on Friday, October 3rd. Susquehanna lowered their price target on TFI International from $115.00 to $105.00 and set a “positive” rating for the company in a report on Monday, November 3rd. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of TFI International in a research note on Monday. CIBC lifted their target price on TFI International from $109.00 to $112.00 and gave the company an “outperform” rating in a research report on Monday, November 3rd. Finally, Royal Bank Of Canada dropped their target price on shares of TFI International from $106.00 to $102.00 and set an “outperform” rating for the company in a report on Monday, November 3rd. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $111.27.

TFI International Price Performance

TFII stock opened at $95.71 on Friday. The company has a market capitalization of $7.86 billion, a P/E ratio of 24.67, a PEG ratio of 5.28 and a beta of 1.50. The company has a fifty day moving average price of $88.84 and a 200-day moving average price of $89.98. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.05 and a current ratio of 1.06. TFI International Inc. has a 52-week low of $72.02 and a 52-week high of $155.12.

TFI International (NYSE:TFII) last announced its earnings results on Thursday, October 30th. The company reported $1.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.19 by $0.01. The business had revenue of $1.97 billion during the quarter, compared to analyst estimates of $1.49 billion. TFI International had a return on equity of 14.20% and a net margin of 4.06%. As a group, equities analysts expect that TFI International Inc. will post 7.76 EPS for the current year.

TFI International Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st will be given a $0.47 dividend. This is an increase from TFI International’s previous quarterly dividend of $0.45. The ex-dividend date is Wednesday, December 31st. This represents a $1.88 dividend on an annualized basis and a dividend yield of 2.0%. TFI International’s dividend payout ratio is presently 46.39%.

TFI International Profile

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.