Huntington Nationwide Financial institution elevated its holdings in Previous Dominion Freight Line, Inc. (NASDAQ:ODFL – Free Report) by 20.5% within the third quarter, in accordance with the corporate in its most up-to-date disclosure with the Securities and Trade Fee (SEC). The agency owned 911 shares of the transportation firm’s inventory after buying a further 155 shares through the quarter. Huntington Nationwide Financial institution’s holdings in Previous Dominion Freight Line have been price $181,000 as of its most up-to-date SEC submitting.
Different hedge funds additionally not too long ago added to or diminished their stakes within the firm. Benjamin Edwards Inc. purchased a brand new stake in shares of Previous Dominion Freight Line within the 2nd quarter valued at about $25,000. Atwood & Palmer Inc. lifted its holdings in Previous Dominion Freight Line by 3,700.0% through the second quarter. Atwood & Palmer Inc. now owns 152 shares of the transportation firm’s inventory price $27,000 after shopping for a further 148 shares through the interval. Versant Capital Administration Inc boosted its place in Previous Dominion Freight Line by 1,630.0% through the 2nd quarter. Versant Capital Administration Inc now owns 173 shares of the transportation firm’s inventory valued at $31,000 after buying a further 163 shares within the final quarter. LRI Investments LLC elevated its holdings in shares of Previous Dominion Freight Line by 73.1% within the 2nd quarter. LRI Investments LLC now owns 187 shares of the transportation firm’s inventory valued at $33,000 after buying a further 79 shares through the interval. Lastly, Crewe Advisors LLC purchased a brand new place in shares of Previous Dominion Freight Line within the 1st quarter price $38,000. 77.82% of the inventory is owned by hedge funds and different institutional traders.
Previous Dominion Freight Line Inventory Down 3.5 %
ODFL inventory opened at $215.57 on Monday. The corporate has a market capitalization of $46.02 billion, a P/E ratio of 37.69, a price-to-earnings-growth ratio of 4.51 and a beta of 0.99. Previous Dominion Freight Line, Inc. has a 12 month low of $165.49 and a 12 month excessive of $233.26. The agency’s fifty day easy shifting common is $201.32 and its 200-day easy shifting common is $191.36. The corporate has a debt-to-equity ratio of 0.01, a present ratio of 1.33 and a fast ratio of 1.33.
Previous Dominion Freight Line (NASDAQ:ODFL – Get Free Report) final posted its quarterly earnings outcomes on Wednesday, October twenty third. The transportation firm reported $1.43 EPS for the quarter, beating the consensus estimate of $1.42 by $0.01. The corporate had income of $1.47 billion for the quarter, in comparison with analyst estimates of $1.49 billion. Previous Dominion Freight Line had a internet margin of 21.03% and a return on fairness of 29.40%. The agency’s income was down 3.0% on a year-over-year foundation. Throughout the identical interval within the prior yr, the corporate earned $1.54 earnings per share. As a gaggle, equities analysis analysts forecast that Previous Dominion Freight Line, Inc. will put up 5.43 earnings per share for the present yr.
Previous Dominion Freight Line Proclaims Dividend
The enterprise additionally not too long ago declared a quarterly dividend, which shall be paid on Wednesday, December 18th. Shareholders of document on Wednesday, December 4th shall be issued a $0.26 dividend. This represents a $1.04 dividend on an annualized foundation and a yield of 0.48%. The ex-dividend date of this dividend is Wednesday, December 4th. Previous Dominion Freight Line’s payout ratio is presently 18.18%.
Wall Avenue Analysts Forecast Progress
ODFL has been the subject of a number of analyst reviews. Raymond James lifted their goal worth on Previous Dominion Freight Line from $190.00 to $209.00 and gave the corporate an “outperform” score in a analysis word on Thursday, July twenty fifth. Wells Fargo & Firm minimize their worth goal on shares of Previous Dominion Freight Line from $170.00 to $160.00 and set an “underweight” score on the inventory in a analysis report on Thursday, October twenty fourth. Citigroup elevated their goal worth on shares of Previous Dominion Freight Line from $201.00 to $241.00 and gave the corporate a “impartial” score in a analysis report on Tuesday, November twelfth. Argus lowered shares of Previous Dominion Freight Line from a “purchase” score to a “maintain” score in a report on Tuesday, November twelfth. Lastly, JPMorgan Chase & Co. lowered their worth goal on Previous Dominion Freight Line from $193.00 to $189.00 and set a “impartial” score for the corporate in a analysis report on Friday, September sixth. One analyst has rated the inventory with a promote score, fifteen have assigned a maintain score, 4 have issued a purchase score and one has given a robust purchase score to the corporate. Primarily based on information from MarketBeat, Previous Dominion Freight Line presently has a median score of “Maintain” and a median goal worth of $200.00.
Learn Our Newest Evaluation on ODFL
Insiders Place Their Bets
In different information, Director Greg C. Gantt offered 7,000 shares of the agency’s inventory in a transaction dated Monday, October twenty eighth. The inventory was offered at a median worth of $200.07, for a complete transaction of $1,400,490.00. Following the sale, the director now immediately owns 97,890 shares within the firm, valued at $19,584,852.30. This commerce represents a 6.67 % lower of their place. The transaction was disclosed in a authorized submitting with the Securities & Trade Fee, which is accessible at the SEC web site. Additionally, Chairman David S. Congdon offered 29,975 shares of the corporate’s inventory in a transaction dated Monday, August twenty sixth. The inventory was offered at a median worth of $201.30, for a complete worth of $6,033,967.50. Following the completion of the transaction, the chairman now immediately owns 1,401,621 shares of the corporate’s inventory, valued at $282,146,307.30. The commerce was a 2.09 % lower of their place. The disclosure for this sale may be discovered right here. Within the final 90 days, insiders have offered 49,975 shares of firm inventory price $10,062,478. Company insiders personal 9.90% of the corporate’s inventory.
About Previous Dominion Freight Line
Previous Dominion Freight Line, Inc operates as a less-than-truckload motor service in the USA and North America. The corporate affords regional, inter-regional, and nationwide less-than-truckload companies, in addition to expedited transportation. It additionally offers varied value-added companies, together with container drayage, truckload brokerage, and provide chain consulting.
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