Legato Capital Management LLC Acquires 859 Shares of TFI International Inc. (NYSE:TFII)

Legato Capital Management LLC raised its holdings in TFI International Inc. (NYSE:TFII) by 8.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 10,468 shares of the company’s stock after acquiring an additional 859 shares during the quarter. Legato Capital Management LLC’s holdings in TFI International were worth $1,414,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Plato Investment Management Ltd bought a new position in shares of TFI International in the 3rd quarter worth $134,000. Entropy Technologies LP bought a new position in TFI International during the third quarter worth about $643,000. Canoe Financial LP bought a new position in TFI International during the fourth quarter worth about $1,853,000. Public Employees Retirement System of Ohio bought a new stake in shares of TFI International in the 3rd quarter valued at about $2,373,000. Finally, Quantbot Technologies LP raised its position in shares of TFI International by 295.1% in the 3rd quarter. Quantbot Technologies LP now owns 21,484 shares of the company’s stock valued at $2,941,000 after acquiring an additional 16,047 shares during the period. 73.30% of the stock is owned by institutional investors.

TFI International Stock Performance

Shares of TFII stock opened at $129.89 on Thursday. TFI International Inc. has a 12 month low of $124.36 and a 12 month high of $162.13. The company’s fifty day simple moving average is $138.18 and its 200-day simple moving average is $141.71. The firm has a market cap of $10.94 billion, a PE ratio of 23.62, a P/E/G ratio of 1.48 and a beta of 1.57. The company has a quick ratio of 0.96, a current ratio of 0.98 and a debt-to-equity ratio of 0.84.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on TFII. Susquehanna decreased their price objective on shares of TFI International from $180.00 to $170.00 and set a “positive” rating for the company in a report on Wednesday, October 23rd. JPMorgan Chase & Co. decreased their price target on shares of TFI International from $181.00 to $178.00 and set a “buy” rating for the company in a report on Wednesday, October 23rd. National Bankshares reduced their target price on TFI International from $209.00 to $198.00 and set a “sector perform” rating on the stock in a report on Wednesday, October 23rd. TD Securities lowered their price target on TFI International from $180.00 to $171.00 and set a “buy” rating for the company in a report on Wednesday, October 23rd. Finally, Bank of America dropped their price target on TFI International from $152.00 to $143.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 22nd. Five equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $170.85.

TFI International Company 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.