Lake Avenue Advisors Group LLC raised its stake in Outdated Dominion Freight Line, Inc. (NASDAQ:ODFL – Free Report) by 6.7% throughout the third quarter, in response to its most up-to-date submitting with the Securities and Trade Fee. The fund owned 2,040 shares of the transportation firm’s inventory after buying an extra 128 shares throughout the quarter. Lake Avenue Advisors Group LLC’s holdings in Outdated Dominion Freight Line have been value $405,000 on the finish of the latest reporting interval.
Quite a few different institutional traders have additionally modified their holdings of ODFL. Values First Advisors Inc. elevated its stake in Outdated Dominion Freight Line by 4.6% within the third quarter. Values First Advisors Inc. now owns 7,957 shares of the transportation firm’s inventory valued at $1,581,000 after shopping for an extra 352 shares throughout the interval. Assenagon Asset Administration S.A. elevated its stake in shares of Outdated Dominion Freight Line by 196.9% throughout the third quarter. Assenagon Asset Administration S.A. now owns 20,078 shares of the transportation firm’s inventory value $3,988,000 after buying an extra 13,315 shares throughout the interval. Brighton Jones LLC raised its holdings in Outdated Dominion Freight Line by 5.0% throughout the third quarter. Brighton Jones LLC now owns 1,480 shares of the transportation firm’s inventory value $294,000 after buying an extra 71 shares within the final quarter. Worldwide Belongings Funding Administration LLC lifted its place in Outdated Dominion Freight Line by 19,764.0% within the third quarter. Worldwide Belongings Funding Administration LLC now owns 685,308 shares of the transportation firm’s inventory valued at $136,130,000 after buying an extra 681,858 shares throughout the interval. Lastly, Capital Funding Counsel Inc boosted its holdings in Outdated Dominion Freight Line by 2.7% within the third quarter. Capital Funding Counsel Inc now owns 5,800 shares of the transportation firm’s inventory valued at $1,152,000 after buying an extra 150 shares within the final quarter. Institutional traders and hedge funds personal 77.82% of the corporate’s inventory.
Analysts Set New Value Targets
Quite a few equities analysts have just lately issued studies on ODFL shares. Raymond James elevated their goal value on Outdated Dominion Freight Line from $190.00 to $209.00 and gave the inventory an “outperform” score in a analysis notice on Thursday, July twenty fifth. Evercore ISI decreased their goal value on Outdated Dominion Freight Line from $199.00 to $188.00 and set an “in-line” score for the corporate in a report on Thursday, October third. Stifel Nicolaus lower shares of Outdated Dominion Freight Line from a “purchase” score to a “maintain” score and lowered their value goal for the inventory from $209.00 to $197.00 in a analysis notice on Monday, October twenty first. Robert W. Baird decreased their value goal on shares of Outdated Dominion Freight Line from $204.00 to $200.00 and set an “outperform” score for the corporate in a analysis notice on Thursday. Lastly, JPMorgan Chase & Co. lowered their goal value on shares of Outdated Dominion Freight Line from $193.00 to $189.00 and set a “impartial” score on the inventory in a analysis report on Friday, September sixth. One analyst has rated the inventory with a promote score, fourteen have given a maintain score, 4 have given a purchase score and one has issued a powerful purchase score to the corporate’s inventory. Based on MarketBeat.com, Outdated Dominion Freight Line presently has a mean score of “Maintain” and a mean value goal of $196.39.
View Our Newest Inventory Evaluation on ODFL
Outdated Dominion Freight Line Value Efficiency
Outdated Dominion Freight Line inventory opened at $197.79 on Friday. The inventory has a market capitalization of $42.98 billion, a P/E ratio of 33.90, a P/E/G ratio of 4.20 and a beta of 0.99. Outdated Dominion Freight Line, Inc. has a 12-month low of $165.49 and a 12-month excessive of $227.80. The corporate has a debt-to-equity ratio of 0.01, a present ratio of 1.46 and a fast ratio of 1.46. The agency’s 50-day transferring common is $195.53 and its two-hundred day transferring common is $190.44.
Outdated Dominion Freight Line (NASDAQ:ODFL – Get Free Report) final launched its earnings outcomes on Wednesday, October twenty third. The transportation firm reported $1.43 EPS for the quarter, topping the consensus estimate of $1.42 by $0.01. Outdated Dominion Freight Line had a internet margin of 21.38% and a return on fairness of 30.33%. The agency had income of $1.47 billion throughout the quarter, in comparison with analysts’ expectations of $1.49 billion. Throughout the identical interval within the earlier yr, the corporate earned $1.54 EPS. Outdated Dominion Freight Line’s income for the quarter was down 3.0% on a year-over-year foundation. Equities analysts predict that Outdated Dominion Freight Line, Inc. will publish 5.56 earnings per share for the present yr.
Outdated Dominion Freight Line Pronounces Dividend
The agency additionally just lately introduced a quarterly dividend, which shall be paid on Wednesday, December 18th. Traders of document on Wednesday, December 4th shall be given a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, December 4th. This represents a $1.04 annualized dividend and a yield of 0.53%. Outdated Dominion Freight Line’s dividend payout ratio (DPR) is presently 17.82%.
Insiders Place Their Bets
In different information, Chairman David S. Congdon bought 10,000 shares of the inventory in a transaction dated Thursday, August twenty ninth. The shares have been bought at a mean value of $195.17, for a complete transaction of $1,951,700.00. Following the transaction, the chairman now instantly owns 1,391,621 shares within the firm, valued at $271,602,670.57. This represents a 0.00 % lower of their place. The sale was disclosed in a authorized submitting with the SEC, which is out there at this hyperlink. In different information, Chairman David S. Congdon bought 10,000 shares of the corporate’s inventory in a transaction on Thursday, August twenty ninth. The inventory was bought at a mean value of $195.17, for a complete transaction of $1,951,700.00. Following the completion of the sale, the chairman now instantly owns 1,391,621 shares within the firm, valued at $271,602,670.57. This represents a 0.00 % lower of their place. The transaction was disclosed in a submitting with the SEC, which is out there at this hyperlink. Additionally, Chairman David S. Congdon bought 29,975 shares of Outdated Dominion Freight Line inventory in a transaction on Monday, August twenty sixth. The shares have been bought at a mean value of $201.30, for a complete worth of $6,033,967.50. Following the completion of the transaction, the chairman now owns 1,401,621 shares within the firm, valued at $282,146,307.30. The commerce was a 0.00 % lower of their place. The disclosure for this sale will be discovered right here. 9.90% of the inventory is owned by company insiders.
Outdated Dominion Freight Line Profile
Outdated Dominion Freight Line, Inc operates as a less-than-truckload motor provider in america and North America. The corporate provides regional, inter-regional, and nationwide less-than-truckload companies, in addition to expedited transportation. It additionally supplies numerous value-added companies, together with container drayage, truckload brokerage, and provide chain consulting.
Additional Studying
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