The Old Dominion Freight Line, Inc. (ODFL) Stock Rating Lowered by BidaskClub

Chart in Focus ODFL’s May 2017 Operating Metrics
Blackrock Capital Investment (BKCC) Trades at $7.45 After Triangle, DE Shaw & Company Cut By $21.18 Million Its
Author

16 July, 2017

The D-E Shaw & Company Inc holds 9,700 shares with $832,000 value, down from 258,899 last quarter. It has underperformed by 13.85% the S&P500.

Old Dominion Freight Line, Inc. has a 1-year low of $60.53 and a 1-year high of $99.29.

04/13/2017 - Vertical Research Partners began new coverage on Old Dominion Freight Line, Inc. giving the company a "hold" rating. Cambridge Investment Research Advisors Inc.'s holdings in Old Dominion Freight Line were worth $235,000 at the end of the most recent reporting period. (NASDAQ:ODFL) was up +3.10% during the last trading session, with a day high of 95.89. Moreover, Goldman Sachs Group Inc has 0.04% invested in Old Dominion Freight Line (NASDAQ:ODFL) for 1.63M shares. It has outperformed by 21.15% the S&P500. Zacks Investment Research cut Old Dominion Freight Line from a "hold" rating to a "sell" rating in a research report on Wednesday, March 8th. Therefore 25% are positive.

Old Dominion Freight Line, Inc. was upgraded to "neutral" by analysts at Bank of America Merrill Lynch. Investors of record on Tuesday, June 6th were issued a $0.10 dividend. The stock of Old Dominion Freight Line (NASDAQ:ODFL) earned "Sector Perform" rating by RBC Capital Markets on Thursday, January 7. Old Dominion Freight Line's dividend payout ratio is now 10.99%. The stock now has a consensus rating of "Buy" and a consensus target price of $94.63. The firm earned "Underperform" rating on Friday, October 28 by Bank of America. The rating was downgraded by Stifel Nicolaus on Thursday, April 28 to "Hold". The company was downgraded on Wednesday, December 2 by Bank of America. On Friday, July 31 the stock rating was maintained by Cowen & Co with "Market Perform".

Investors sentiment increased to 1.17 in 2016 Q4. Its up 0.34, from 0.83 in 2016Q3. 55 funds opened positions while 80 raised stakes. The stock of Old Dominion Freight Line (NASDAQ:ODFL) has "Buy" rating given on Friday, October 2 by Bank of America. 19,969 were reported by Aperio Gp Ltd Llc.

Wall Street brokerages expect that Old Dominion Freight Line (NASDAQ:ODFL) will post $813.40 million in sales for the current quarter, according to Zacks Investment Research. Rhumbline Advisers holds 0.03% or 127,924 shares. Weaver C Barksdale Associates has invested 0.03% of its portfolio in Old Dominion Freight Line (NASDAQ:ODFL). Dalton Greiner Hartman Maher holds 1.14% or 227,001 shares. Independent Advisor Alliance acquired a new stake in shares of Old Dominion Freight Line during the fourth quarter valued at $100,000. Pennsylvania-based Nationwide Fund Advisors has invested 0.05% in Old Dominion Freight Line (NASDAQ:ODFL). Stevens Mngmt Lp holds 4,385 shares. Fincl Counselors invested 0.08% of its portfolio in Old Dominion Freight Line (NASDAQ:ODFL). On average, equities research analysts forecast that Old Dominion Freight Line will post $3.96 earnings per share for the current fiscal year. Fisher Asset Management LLC now owns 5,877 shares of the transportation company's stock valued at $503,000 after buying an additional 130 shares during the last quarter. Federated Investors Pa stated it has 36,267 shares or 0.01% of all its holdings. The stock of Old Dominion Freight Line (NASDAQ:ODFL) has "Market Perform" rating given on Friday, April 29 by Cowen & Co. During the same period past year, the business posted $0.72 earnings per share. ODFL's profit will be $88.43M for 22.48 P/E if the $1.07 EPS becomes a reality. The transportation company reported $0.80 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.79 by $0.01.

Doliver Capital Advisors Inc. holds 0.22% of its portfolio in Nuveen Arizona Premium Income Mun Fd for 18,890 shares. It also upped Malibu Boats Inc. 116 funds opened positions while 398 raised stakes. Teligent Inc. was raised too. Five equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. BlackRock Kelso Capital had 6 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has "Outperform" rating by Robert W. Baird given on Thursday, August 6. The company was initiated on Wednesday, November 2 by Deutsche Bank. The rating was downgraded by Citigroup on Wednesday, October 7 to "Neutral". The rating was maintained by Deutsche Bank on Thursday, August 11 with "Buy". It is down 17.00% since July 3, 2016 and is uptrending. Atria Investments LLC now owns 2,772 shares of the transportation company's stock worth $237,000 after buying an additional 69 shares in the last quarter. Ubs Asset Management Americas Incorporated accumulated 0% or 37,774 shares. Cibc Asset Mngmt Inc holds 0% or 2,617 shares. Moreover, Condor Capital Management has 0.52% invested in Celgene Corporation (NASDAQ:CELG) for 20,004 shares. Whittier Company has 29,614 shares. Its up 2.14% from 42,000 shares previously. It turned negative, as 57 investors sold Celgene Corporation shares while 470 reduced holdings. Moreover, Royal Natl Bank Of Canada has 0% invested in WhiteHorse Finance Inc (NASDAQ:WHF). 587.86 million shares or 1.69% more from 578.10 million shares in 2016Q3 were reported. Millennium Management Llc, New York-based fund reported 16,349 shares.

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