Old Dominion Freight Line Inc (NASDAQ:ODFL) Q2 2017 Sentiment Report

Marco Green
October 13, 2017

The Flowering Tree Investment Management Pte Ltd holds 180,316 shares with $25.41 million value, down from 311,678 last quarter. About 11,492 shares traded. It has outperformed by 40.63% the S&P500.

Old Dominion Freight Line has PE ratio of 27.99 with a one year low of $68.82 and a one year high of $110.45 and has a market capitalization of $0. Falcon Point Capital Ltd Liability Company has invested 1.33% in Granite Construction Inc.

Old Dominion Freight Line, Inc.is a union-free motor carrier providing regional, inter-regional and national less-than-truckload services. Following the completion of the sale, the insider now directly owns 9,516 shares of the company's stock, valued at approximately $930,950.28.

When applying indicators for technical analysis, traders and investors might want to look at the ATR or Average True Range.

Boasting a price of $108.39, Old Dominion Freight Line (NDAQ:ODFL) traded -0.66% lower on the day.

Another recent and important Home Bancorp, Inc. Smithfield owns 2,927 shares for 0.04% of their portfolio. Victory Cap holds 1.72 million shares or 0.38% of its portfolio. (NASDAQ:HBCP) to report earnings on October, 24. After $1.19 actual EPS reported by Old Dominion Freight Line for the previous quarter, Wall Street now forecasts -2.52% negative EPS growth.

Since May 15, 2017, it had 0 buys, and 3 sales for $1.80 million activity. Its down 0.02, from 1.19 in 2017Q1. It is positive, as 34 investors sold ODFL shares while 93 reduced holdings. 43 funds opened positions while 105 raised stakes. Utah Retirement owns 11,200 shares.

Analysts await Old Dominion Freight Line (NASDAQ:ODFL) to report earnings on October, 26. Driehaus Capital Mngmt Ltd Llc has invested 0.06% of its portfolio in Old Dominion Freight Line (NASDAQ:ODFL). Finemark Natl Bank And Trust, Florida-based fund reported 5,500 shares. Hl Services Llc holds 0.07% or 37,377 shares in its portfolio. The company was downgraded on Wednesday, October 7 by Citigroup. Cim Ltd, New York-based fund reported 5,600 shares. 500,000 are held by State Of New Jersey Common Pension Fund D. Employees Retirement Association Of Colorado stated it has 0% of its portfolio in Granite Construction Inc. Zacks Investment Research lowered shares of Old Dominion Freight Line from a "hold" rating to a "sell" rating in a research note on Wednesday, March 8th. During that time period, shares are up 6.47% which has provided some nice profits for investors who may be looking to take advantage of the recent gains. Old Dominion Freight Line had a net margin of 9.89% and a return on equity of 16.69%. Parametric Port Associates Limited Liability invested in 334,593 shares. Ww Asset has 4,853 shares. Prudential Financial Inc. grew its position in shares of Old Dominion Freight Line by 228.1% during the 2nd quarter.

Old Dominion Freight Line Inc (NASDAQ:ODFL) institutional sentiment increased to 1.07 in 2017 Q2.

03/06/2017 - Old Dominion Freight Line, Inc. had its "outperform" rating reiterated by analysts at Credit Suisse. Principal Financial Group Inc. grew its position in shares of Old Dominion Freight Line by 4.1% during the 2nd quarter. It also reduced its holding in International Game Technolog by 46,600 shares in the quarter, leaving it with 541,833 shares, and cut its stake in Lsi Inds Inc (NASDAQ:LYTS). Therefore 18% are positive. The firm has "Sector Perform" rating given on Monday, August 3 by RBC Capital Markets.

03/03/2015 - Old Dominion Freight Line, Inc. had its "neutral" rating reiterated by analysts at Robert W. Baird. Bank of America downgraded Old Dominion Freight Line (NASDAQ:ODFL) rating on Wednesday, December 2.

Among 22 analysts covering UDR Inc (NYSE:UDR), 4 have Buy rating, 3 Sell and 15 Hold. The rating was maintained by Morgan Stanley with "Overweight" on Thursday, October 5. The stock has "Hold" rating by Deutsche Bank on Friday, July 31. Out of 11 Wall Street analysts rating Old Dominion Freight Line, 2 give it "Buy", 1 "Sell" rating, while 8 recommend "Hold". Deutsche Bank has "Buy" rating and $90 target. Cowen & Co maintained the stock with "Market Perform" rating in Friday, April 29 report. The stock of Old Dominion Freight Line (NASDAQ:ODFL) has "Hold" rating given on Thursday, July 27 by Stifel Nicolaus.

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