QV Investors Inc. Has $31.60 Million Position in TFI International Inc. $TFII

QV Investors Inc. grew its holdings in TFI International Inc. (NYSE:TFII) by 0.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 352,781 shares of the company’s stock after acquiring an additional 2,685 shares during the quarter. TFI International accounts for 3.1% of QV Investors Inc.’s portfolio, making the stock its 10th largest holding. QV Investors Inc. owned approximately 0.42% of TFI International worth $31,604,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of TFII. Argent Capital Management LLC raised its stake in shares of TFI International by 303.4% in the second quarter. Argent Capital Management LLC now owns 142,864 shares of the company’s stock valued at $12,811,000 after purchasing an additional 107,451 shares in the last quarter. Quantbot Technologies LP raised its stake in shares of 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 purchasing an additional 70,442 shares in the last quarter. Baskin Financial Services Inc. raised its stake in shares of TFI International by 1.6% in the second quarter. Baskin Financial Services Inc. now owns 420,152 shares of the company’s stock valued at $37,711,000 after purchasing an additional 6,786 shares in the last quarter. Entropy Technologies LP raised its stake in shares of TFI International by 46.9% in the first quarter. Entropy Technologies LP now owns 13,656 shares of the company’s stock valued at $1,058,000 after purchasing an additional 4,361 shares in the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S raised its stake in shares of TFI International by 10.5% in the first quarter. BI Asset Management Fondsmaeglerselskab A S now owns 41,278 shares of the company’s stock valued at $3,197,000 after purchasing an additional 3,925 shares in the last quarter. 73.30% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts recently commented on TFII shares. Royal Bank Of Canada upped their target price on TFI International from $102.00 to $106.00 and gave the company an “outperform” rating in a research note on Wednesday, October 8th. UBS Group upped their target price on TFI International from $90.00 to $102.00 and gave the company a “neutral” rating in a research note on Friday, October 3rd. Stifel Nicolaus increased their price objective on TFI International from $88.00 to $91.00 and gave the stock a “hold” rating in a research note on Thursday, July 24th. Cormark lowered TFI International from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, July 29th. Finally, Scotiabank lowered TFI International from a “sector outperform” rating to a “sector perform” rating in a research note on Thursday, July 10th. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, TFI International presently has a consensus rating of “Moderate Buy” and an average target price of $111.33.

TFI International Stock Performance

Shares of NYSE:TFII opened at $90.58 on Friday. TFI International Inc. has a twelve month low of $72.02 and a twelve month high of $155.12. The firm has a market cap of $7.45 billion, a PE ratio of 20.78, a price-to-earnings-growth ratio of 3.22 and a beta of 1.45. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.03 and a current ratio of 1.05. The business has a fifty day moving average of $92.68 and a 200-day moving average of $88.94.

TFI International (NYSE:TFII) last announced its earnings results on Monday, July 28th. The company reported $1.34 earnings per share for the quarter, beating analysts’ consensus estimates of $1.24 by $0.10. TFI International had a return on equity of 15.45% and a net margin of 4.48%.The company had revenue of $2.04 billion during the quarter, compared to analyst estimates of $1.49 billion. On average, equities research analysts predict that TFI International Inc. will post 7.76 EPS for the current fiscal year.

TFI International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th were issued a $0.45 dividend. The ex-dividend date was Monday, September 29th. This represents a $1.80 annualized dividend and a yield of 2.0%. TFI International’s dividend payout ratio (DPR) is currently 41.28%.

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.