Insider Selling: TFI International Inc. (TSE:TFII) Director Sells C$1,235,739.38 in Stock

TFI International Inc. (TSE:TFII) Director Steven Brookshaw sold 6,577 shares of the company’s stock in a transaction dated Monday, June 24th. The shares were sold at an average price of C$187.89, for a total transaction of C$1,235,739.38.

TFI International Price Performance

Shares of TFI International stock opened at C$193.45 on Friday. The firm’s 50-day moving average price is C$187.08 and its two-hundred day moving average price is C$190.13. TFI International Inc. has a 1-year low of C$142.92 and a 1-year high of C$220.93. The stock has a market capitalization of C$16.36 billion, a price-to-earnings ratio of 25.16, a P/E/G ratio of 1.01 and a beta of 1.44. The company has a current ratio of 1.66, a quick ratio of 1.18 and a debt-to-equity ratio of 113.80.

TFI International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Monday, July 15th will be paid a $0.40 dividend. The ex-dividend date is Friday, June 28th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.83%. TFI International’s dividend payout ratio (DPR) is presently 28.61%.

Analysts Set New Price Targets

TFII has been the subject of several recent research reports. Desjardins cut their price target on TFI International from C$208.00 to C$207.00 and set a “buy” rating for the company in a report on Monday, June 17th. Scotiabank decreased their price target on shares of TFI International from C$235.00 to C$230.00 and set an “outperform” rating on the stock in a research note on Monday, April 29th. CIBC dropped their price objective on shares of TFI International from C$175.00 to C$172.00 and set an “outperform” rating for the company in a research note on Monday, April 29th. Royal Bank of Canada lifted their target price on shares of TFI International from C$155.00 to C$173.00 and gave the company an “outperform” rating in a research report on Tuesday, April 16th. Finally, National Bankshares raised shares of TFI International from a “sector perform” rating to an “outperform” rating and dropped their price target for the stock from C$222.00 to C$217.00 in a research report on Monday, April 29th. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of C$184.88.

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.