Old Dominion Freight Line Inc Big Money Sentiment Crashed in Q4 2018 touching 0.71

Old Dominion Freight Line, Inc. (NASDAQ:ODFL) Corporate Logo

Old Dominion Freight Line Inc’s Sentiment

In 2018 Q4 Old Dominion Freight Line Inc (NASDAQ:ODFL) big money sentiment decreased to 0.71, according to SEC.gov filings. So its down -0.21, from 2018Q3’s 0.92. 150 active investment managers opened new and increased holdings, while 212 sold and decreased positions in Old Dominion Freight Line Inc so the sentiment turned negative. Funds own 61.39 million shares, up from 57.30 million shares in 2018Q3. Funds holding Old Dominion Freight Line Inc in top 10 was flat from 3 to 3 for the same number . 53 Investors Sold All; 159 Reduced Holdings; 105 increased holdings while 45 active investment managers bought holdings.

Significant Old Dominion Freight Line Inc Investors

Sib Llc owns 134,044 shares in Old Dominion Freight Line Inc as of 2018 Q4. Old Dominion Freight Line Inc’s shareholder Wedgewood Partners Inc owns 409,411 shares as of 2018 Q4. Furthermore, Gillespie Robinson & Grimm Inc reported 189,695 shares in Old Dominion Freight Line Inc equivalent to 3.26% of its portfolio. The California-based fund Kayne Anderson Rudnick Investment Management Llc have invested about 3.08% of the institutional investor’s stock portfolio in Old Dominion Freight Line Inc. The Netherlands-based fund Spf Beheer Bv looks positive on Old Dominion Freight Line Inc, possessing 587,754 shares.

Old Dominion Freight Line, Inc. operates as a less-than-truckload motor carrier in the United States and North America.The company has $12.04 billion market cap. It provides regional, inter-regional, and national LTL services, including ground and air expedited transportation, and consumer household pickup and delivery.The P/E ratio is 20.11. The firm also offers various value-added services comprising container drayage, truckload brokerage, supply chain consulting, and warehousing.

The stock decreased 0.13% or $0.19 during the last trading session, reaching $148.41.Currently Old Dominion Freight Line, Inc. is uptrending after 7.84% change in last March 14, 2018. ODFL has also 155,292 shares volume. ODFL outperformed the S&P500 by 3.47%.

Old Dominion Freight Line, Inc. (NASDAQ:ODFL)’s quarterly earnings will be revealed on April, 25., Faxor reports. Analysts have anticipation on stock’s earnings per share of $1.64. That’s up 23.31 % from last year’s $1.33 earnings per share. If reported the P/E will be 22.62 with $133.08 million profit. -15.90 % negative EPS growth is what analysts predict. $1.95 earnings per share was revealed for previous quarter.

Hood River Cap Llc holds 78,133 shs or 0.57% of its capital. Profund Advsr Limited Co invested in 0.03% or 4,154 shs. Mutual Of America Cap Ltd Llc invested in 79,612 shs. 1.20 million were accumulated by Jpmorgan Chase & Communications. Intrust Bancorp Na owns 2,455 shs. Sib Ltd Llc, New York-based fund reported 134,044 shs. Bnp Paribas Asset Sa holds 0.04% of its capital in Old Dominion Freight Line, Inc. (NASDAQ:ODFL) for 37,640 shs. Renaissance Technologies Ltd Limited Liability Company holds 382,727 shs or 0.05% of its capital. Torch Wealth Mgmt Limited Liability Company holds 0.66% in Old Dominion Freight Line, Inc. (NASDAQ:ODFL) or 7,408 shs. Bollard Gp Limited Liability stated it has 201 shs or 0% of all its holdings. Cornerstone Advisors stated it has 27 shs or 0% of all its holdings. Virginia Retirement Et Al invested 0.01% of its capital in Old Dominion Freight Line, Inc. (NASDAQ:ODFL). Meeder Asset owns 3,634 shs or 0.04% of their US capital. London Of Virginia owns 769,561 shs or 0.91% of their US capital. Garrison Bradford And Assocs holds 24,958 shs.

Old Dominion Freight Line, Inc. (NASDAQ:ODFL) Ratings Coverage

Total analysts of 7 have positions in Old Dominion Freight (NASDAQ:ODFL) as follows: 3 rated it a “Buy”, 0 with “Sell” and 4 with “Hold”. The positive are 43%. Since October 9, 2018 according to StockzIntelligence Inc Old Dominion Freight has 10 analyst reports. On Friday, October 26 the company was maintained by Buckingham Research. The company rating was downgraded by Bank of America on Tuesday, February 26. In Friday, October 26 report KeyBanc Capital Markets maintained it with “Overweight” rating and $150 target. On Tuesday, October 9 Morgan Stanley maintained Old Dominion Freight Line, Inc. (NASDAQ:ODFL) with “Overweight” rating. On Tuesday, October 30 the rating was upgraded by Bank of America to “Buy”. On Friday, October 12 Buckingham Research maintained Old Dominion Freight Line, Inc. (NASDAQ:ODFL) with “Neutral” rating. On Thursday, October 25 Deutsche Bank upgraded Old Dominion Freight Line, Inc. (NASDAQ:ODFL) to “Hold” rating. On Monday, October 29 the rating was maintained by Argus Research with “Buy”. The company rating was maintained by Credit Suisse on Friday, October 26. The stock rating was downgraded by Morgan Stanley to “Equal-Weight” on Monday, October 22.

For more Old Dominion Freight Line, Inc. (NASDAQ:ODFL) news brought out recently go to: Seekingalpha.com, Nasdaq.com, Nasdaq.com, Benzinga.com or Benzinga.com. The titles are as follows: “As Trucking Seems Set To Cool, How Cold Will Old Dominion’s Multiple Get? – Seeking Alpha” brought out on December 20, 2018, “First Week of ODFL March 15th Options Trading – Nasdaq” on January 23, 2019, “Here’s Why Old Dominion Shares Climbed 10.9% in February – Nasdaq” with a publish date: March 05, 2019, “Old Dominion Freight Line, Inc. (NASDAQ:ODFL) – Old Dominion’s Q3 Results: Best In Class LTL And Getting Better – Benzinga” and the last “YRC Worldwide, Inc. (NASDAQ:YRCW), Old Dominion Freight Line, Inc. (NASDAQ:ODFL) – Government Lawsuit Against YRC Shines Light On LTL Reweighing Practices – Benzinga” with publication date: December 18, 2018.

Old Dominion Freight Line, Inc. (NASDAQ:ODFL) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.