Shell Asset Management Co Has Lowered By $392,010 Its Old Dominion Fght Lines (ODFL) Stake; Last Week China Biologic Products Holdings, Inc. (CBPO) Coverage

June 17, 2018 - By Ellis Scott

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

Shell Asset Management Co decreased Old Dominion Fght Lines Inc (ODFL) stake by 11.16% reported in 2018Q1 SEC filing. Shell Asset Management Co sold 2,685 shares as Old Dominion Fght Lines Inc (ODFL)’s stock rose 9.51%. The Shell Asset Management Co holds 21,370 shares with $3.14M value, down from 24,055 last quarter. Old Dominion Fght Lines Inc now has $13.28 billion valuation. The stock increased 0.83% or $1.33 during the last trading session, reaching $161.61. About 588,993 shares traded. Old Dominion Freight Line, Inc. (NASDAQ:ODFL) has risen 71.80% since June 17, 2017 and is uptrending. It has outperformed by 59.23% the S&P500. Some Historical ODFL News: ; 08/05/2018 – REG-Odfjell SE: Annual General Meeting – Minutes; 26/04/2018 – OLD DOMINION FREIGHT LINE INC – QTRLY TOTAL REVENUE $925 MLN, UP 22.7 PCT; 26/04/2018 – Old Dominion Freight 1Q Rev $925M; 17/05/2018 – OLD DOMINION FREIGHT LINE – NEW REPURCHASE PROGRAM WILL COMMENCE UPON EXPIRATION OF PREVIOUSLY AUTHORIZED 2-YR PROGRAM ANNOUNCED ON MAY 23, 2016; 09/03/2018 – Old Dominion Freight Names Greg C. Gantt CEO; 12/04/2018 – Billboard: Carrie Underwood, Old Dominion Set to Play Inaugural Live In The Vineyard Goes Country; 05/03/2018 – OLD DOMINION FREIGHT LINE INC – FEBRUARY 2018 LTL TONS PER DAY INCREASED 17.9% AS COMPARED TO FEBRUARY 2017; 16/03/2018 – REG-Approval of annual accounts 2017; 26/04/2018 – OLD DOMINION FREIGHT LINE INC – INCREASED ITS EXPECTED CAPITAL EXPENDITURES FOR 2018 TO A TOTAL OF APPROXIMATELY $555 MLN; 30/04/2018 – Old Dominion Freight Line Promotes Kevin M. Freeman To Executive Vice President And Chief Operating Officer

Among 2 analysts covering China Biologic Products (NASDAQ:CBPO), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. China Biologic Products had 9 analyst reports since September 4, 2015 according to SRatingsIntel. Jefferies maintained the shares of CBPO in report on Friday, September 4 with “Buy” rating. The rating was downgraded by Jefferies to “Hold” on Monday, May 14. The stock has “Buy” rating by Jefferies on Thursday, August 3. The rating was maintained by Jefferies with “Buy” on Tuesday, September 12. Jefferies maintained it with “Buy” rating and $14000 target in Monday, June 12 report. The rating was maintained by Jefferies with “Buy” on Friday, October 13. On Thursday, March 15 the stock rating was maintained by Jefferies with “Buy”. See China Biologic Products Holdings, Inc. (NASDAQ:CBPO) latest ratings:

14/05/2018 Broker: Jefferies Old Rating: Buy New Rating: Hold Downgrade
15/03/2018 Broker: Jefferies Rating: Buy New Target: $97.0 Maintain
02/03/2018 Broker: Deutsche Bank Rating: Buy New Target: $105.0

Investors sentiment decreased to 1.08 in Q1 2018. Its down 0.14, from 1.22 in 2017Q4. It worsened, as 19 investors sold ODFL shares while 141 reduced holdings. 57 funds opened positions while 115 raised stakes. 57.66 million shares or 5.07% less from 60.74 million shares in 2017Q4 were reported. Brant Point Lc has invested 0.45% of its portfolio in Old Dominion Freight Line, Inc. (NASDAQ:ODFL). Gulf Int Bancshares (Uk) Limited reported 19,063 shares stake. Delta Capital Mgmt Llc has invested 0.36% in Old Dominion Freight Line, Inc. (NASDAQ:ODFL). Barclays Public holds 59,448 shares or 0.01% of its portfolio. Fiera Cap Corp reported 411,210 shares stake. Korea Inv Corp reported 0.02% of its portfolio in Old Dominion Freight Line, Inc. (NASDAQ:ODFL). Bnp Paribas Asset Mngmt Holdg holds 0.04% or 32,086 shares. Mai Cap Mgmt holds 0.05% or 5,693 shares. Timessquare Cap Management Llc holds 0.1% of its portfolio in Old Dominion Freight Line, Inc. (NASDAQ:ODFL) for 98,540 shares. Wesbanco Natl Bank stated it has 3,500 shares. 9,089 are held by Keybank National Association Oh. Shelton Management reported 4,833 shares. Gillespie Robinson & Grimm Inc holds 3.43% or 178,685 shares. 7.15M were accumulated by Research Global Invsts. Janney Capital Ltd Liability Company holds 0.01% or 1,807 shares in its portfolio.

Among 15 analysts covering Old Dominion Freight Line (NASDAQ:ODFL), 5 have Buy rating, 2 Sell and 8 Hold. Therefore 33% are positive. Old Dominion Freight Line had 52 analyst reports since August 3, 2015 according to SRatingsIntel. KeyBanc Capital Markets maintained Old Dominion Freight Line, Inc. (NASDAQ:ODFL) rating on Tuesday, December 5. KeyBanc Capital Markets has “Buy” rating and $138.0 target. Cowen & Co maintained the stock with “Market Perform” rating in Friday, July 31 report. On Thursday, July 27 the stock rating was maintained by Stifel Nicolaus with “Hold”. The firm has “Buy” rating given on Thursday, February 8 by Stephens. The firm has “Hold” rating given on Friday, September 29 by Cowen & Co. The stock of Old Dominion Freight Line, Inc. (NASDAQ:ODFL) earned “Buy” rating by KeyBanc Capital Markets on Monday, March 5. The rating was downgraded by Bank of America on Friday, October 28 to “Underperform”. The stock of Old Dominion Freight Line, Inc. (NASDAQ:ODFL) has “Hold” rating given on Friday, October 27 by Robert W. Baird. As per Wednesday, November 2, the company rating was initiated by Deutsche Bank. Robert W. Baird maintained Old Dominion Freight Line, Inc. (NASDAQ:ODFL) rating on Thursday, October 5. Robert W. Baird has “Hold” rating and $113.0 target.

More recent Old Dominion Freight Line, Inc. (NASDAQ:ODFL) news were published by: Nasdaq.com which released: “Report: Developing Opportunities within Axon Enterprise, Old Dominion Freight Line, Pennsylvania Real Estate …” on June 15, 2018. Also Streetinsider.com published the news titled: “Old Dominion Freight Line (ODFL) Says May LTL Tons per Day Increased 15.3%” on June 05, 2018. 247Wallst.com‘s news article titled: “Top Analyst Upgrades and Downgrades: Celgene, Cypress Semi, Intuit, KemPharm, Oasis Petroleum, Rio Tinto, Shake …” with publication date: May 23, 2018 was also an interesting one.

Shell Asset Management Co increased Packaging Corp Amer (NYSE:PKG) stake by 9,741 shares to 45,873 valued at $5.17M in 2018Q1. It also upped General Electric Co (NYSE:GE) stake by 24,917 shares and now owns 936,251 shares. Public Storage (NYSE:PSA) was raised too.

Since May 23, 2018, it had 0 insider buys, and 1 sale for $118,752 activity. Shares for $118,752 were sold by SUGGS LEO H.

Analysts await Old Dominion Freight Line, Inc. (NASDAQ:ODFL) to report earnings on July, 26. They expect $1.78 earnings per share, up 49.58% or $0.59 from last year’s $1.19 per share. ODFL’s profit will be $146.31 million for 22.70 P/E if the $1.78 EPS becomes a reality. After $1.33 actual earnings per share reported by Old Dominion Freight Line, Inc. for the previous quarter, Wall Street now forecasts 33.83% EPS growth.

The stock decreased 0.86% or $0.71 during the last trading session, reaching $82.04. About 431,845 shares traded or 54.34% up from the average. China Biologic Products Holdings, Inc. (NASDAQ:CBPO) has declined 30.31% since June 17, 2017 and is downtrending. It has underperformed by 42.88% the S&P500. Some Historical CBPO News: ; 04/05/2018 – CHINA BIOLOGIC SEES FY SALES +6% TO +8%; 12/03/2018 China Biologic Closes Above 50-Day Moving Average: Technicals; 04/05/2018 – China Biologic 1Q EPS 92c; 04/05/2018 – CHINA BIOLOGIC PRODUCTS HOLDINGS INC – EXCLUDING TIANXINFU, SALES FOR 2018 ARE EXPECTED TO GROW 6% TO 8% IN RMB TERMS; 24/04/2018 – CBPO 1Q PRELIM ADJ. EPS EX-TIANXINFU DOWN 12%-14% IN RMB; 24/04/2018 – China Biologic Closes Below 200-Day Moving Average: Technicals; 13/04/2018 – Investor Expectations to Drive Momentum within Criteo S.A, Prima BioMed, CoStar Group, DBV Technologies S.A, Hollysys Automatio; 30/05/2018 – China Biologic Closes Above 200-Day Moving Average: Technicals; 04/05/2018 – China Biologic 1Q Adj EPS $1.21; 04/05/2018 – CHINA BIOLOGIC SEES FY ADJ. NET +3% TO +4%

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

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