As Schlumberger LTD (SLB) Stock Declined, Schmidt P J Investment Management Has Trimmed Position by $415,534; Old Dominion Fght Lines (ODFL) Shareholder Knightsbridge Asset Management Lowered Position by $426,143 as Stock Price Rose

April 21, 2018 - By Nellie Frank

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

Schmidt P J Investment Management Inc decreased its stake in Schlumberger Ltd (SLB) by 12.36% based on its latest 2017Q4 regulatory filing with the SEC. Schmidt P J Investment Management Inc sold 6,202 shares as the company’s stock declined 4.39% with the market. The institutional investor held 43,961 shares of the oilfield services and equipment company at the end of 2017Q4, valued at $2.96 million, down from 50,163 at the end of the previous reported quarter. Schmidt P J Investment Management Inc who had been investing in Schlumberger Ltd for a number of months, seems to be less bullish one the $95.95B market cap company. The stock decreased 1.49% or $1.05 during the last trading session, reaching $69.23. About 9.97 million shares traded or 20.77% up from the average. Schlumberger Limited (NYSE:SLB) has declined 16.28% since April 21, 2017 and is downtrending. It has underperformed by 27.83% the S&P500.

Knightsbridge Asset Management Llc decreased its stake in Old Dominion Fght Lines Inc (ODFL) by 4.62% based on its latest 2017Q4 regulatory filing with the SEC. Knightsbridge Asset Management Llc sold 3,253 shares as the company’s stock rose 7.59% while stock markets declined. The institutional investor held 67,125 shares of the transportation company at the end of 2017Q4, valued at $8.83 million, down from 70,378 at the end of the previous reported quarter. Knightsbridge Asset Management Llc who had been investing in Old Dominion Fght Lines Inc for a number of months, seems to be less bullish one the $12.23 billion market cap company. The stock decreased 0.92% or $1.38 during the last trading session, reaching $148.51. About 301,094 shares traded. Old Dominion Freight Line, Inc. (NASDAQ:ODFL) has risen 68.85% since April 21, 2017 and is uptrending. It has outperformed by 57.30% the S&P500.

Among 14 analysts covering Old Dominion Freight Line (NASDAQ:ODFL), 4 have Buy rating, 2 Sell and 8 Hold. Therefore 29% are positive. Old Dominion Freight Line had 51 analyst reports since August 3, 2015 according to SRatingsIntel. Stifel Nicolaus maintained Old Dominion Freight Line, Inc. (NASDAQ:ODFL) on Wednesday, December 13 with “Buy” rating. Citigroup downgraded the stock to “Neutral” rating in Wednesday, October 7 report. The stock has “Hold” rating by Stifel Nicolaus on Thursday, July 27. The firm earned “Hold” rating on Thursday, April 28 by Stifel Nicolaus. The rating was maintained by Deutsche Bank with “Hold” on Friday, July 31. The rating was maintained by Stifel Nicolaus with “Hold” on Thursday, January 25. The stock of Old Dominion Freight Line, Inc. (NASDAQ:ODFL) has “Buy” rating given on Tuesday, December 5 by KeyBanc Capital Markets. On Thursday, October 26 the stock rating was maintained by Cowen & Co with “Hold”. On Friday, October 2 the stock rating was initiated by Bank of America with “Buy”. The stock has “Market Perform” rating by Cowen & Co on Friday, July 31.

Investors sentiment increased to 1.22 in 2017 Q4. Its up 0.08, from 1.14 in 2017Q3. It improved, as 23 investors sold ODFL shares while 120 reduced holdings. 76 funds opened positions while 98 raised stakes. 60.74 million shares or 5.47% more from 57.59 million shares in 2017Q3 were reported. Arizona State Retirement accumulated 49,213 shares or 0.06% of the stock. Hsbc Public Ltd Liability Corporation, a United Kingdom-based fund reported 21,722 shares. Lord Abbett & Ltd reported 694,618 shares or 0.26% of all its holdings. Scout Invests Inc stated it has 0.38% in Old Dominion Freight Line, Inc. (NASDAQ:ODFL). Redwood Invests Ltd Liability Company reported 1.06% of its portfolio in Old Dominion Freight Line, Inc. (NASDAQ:ODFL). Parsec Fincl Mgmt Inc has invested 0.07% in Old Dominion Freight Line, Inc. (NASDAQ:ODFL). Shell Asset Mgmt has 24,055 shares for 0.06% of their portfolio. Andra Ap has invested 0.06% in Old Dominion Freight Line, Inc. (NASDAQ:ODFL). Delta Management Llc, a New York-based fund reported 3,685 shares. Utah Retirement holds 0.03% of its portfolio in Old Dominion Freight Line, Inc. (NASDAQ:ODFL) for 11,400 shares. Manufacturers Life Ins The holds 113,850 shares or 0.02% of its portfolio. Ajo Ltd Partnership owns 598,582 shares. 3,521 are held by Clearbridge Lc. Pnc Financial Serv Group Inc holds 5,292 shares or 0% of its portfolio. Moreover, New Mexico Educational Retirement Board has 0.08% invested in Old Dominion Freight Line, Inc. (NASDAQ:ODFL).

Analysts await Old Dominion Freight Line, Inc. (NASDAQ:ODFL) to report earnings on April, 26 before the open. They expect $1.29 earnings per share, up 61.25% or $0.49 from last year’s $0.8 per share. ODFL’s profit will be $106.26 million for 28.78 P/E if the $1.29 EPS becomes a reality. After $1.12 actual earnings per share reported by Old Dominion Freight Line, Inc. for the previous quarter, Wall Street now forecasts 15.18% EPS growth.

Since October 24, 2017, it had 3 buys, and 3 selling transactions for $6.93 million activity. The insider SANDVOLD TORE I sold $219,205. $646,800 worth of Schlumberger Limited (NYSE:SLB) was bought by KIBSGAARD PAAL. On Wednesday, January 24 the insider AYAT SIMON sold $5.91 million. Guild Howard sold $1.96 million worth of Schlumberger Limited (NYSE:SLB) on Monday, January 22. Al Mogharbel Khaled bought $192,900 worth of stock or 3,000 shares.

Schmidt P J Investment Management Inc, which manages about $434.11 million and $353.43 million US Long portfolio, upped its stake in Medtronic Plc (NYSE:MDT) by 3,791 shares to 26,217 shares, valued at $2.12M in 2017Q4, according to the filing.

Among 39 analysts covering Schlumberger Limited. (NYSE:SLB), 32 have Buy rating, 1 Sell and 6 Hold. Therefore 82% are positive. Schlumberger Limited. had 144 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, September 1 by RBC Capital Markets. The firm earned “Buy” rating on Friday, June 30 by Jefferies. On Thursday, April 20 the stock rating was upgraded by Suntrust Robinson to “Buy”. BMO Capital Markets maintained the shares of SLB in report on Monday, January 15 with “Hold” rating. The rating was initiated by Suntrust Robinson with “Hold” on Wednesday, January 18. Howard Weil maintained the shares of SLB in report on Monday, January 25 with “Focus Stock” rating. Jefferies maintained the stock with “Buy” rating in Monday, January 22 report. The company was maintained on Monday, October 19 by Oppenheimer. The firm has “Buy” rating given on Friday, March 24 by Tudor Pickering. The rating was maintained by Scotia Capital with “Buy” on Thursday, March 23.

Investors sentiment decreased to 0.66 in Q4 2017. Its down 0.22, from 0.88 in 2017Q3. It worsened, as 90 investors sold SLB shares while 672 reduced holdings. 140 funds opened positions while 365 raised stakes. 1.05 billion shares or 11.89% less from 1.20 billion shares in 2017Q3 were reported. Horan Cap Advisors Limited Company stated it has 24,115 shares. Stoneridge Prtn Llc holds 0.04% or 3,923 shares. State Of Alaska Department Of Revenue has 0.26% invested in Schlumberger Limited (NYSE:SLB) for 159,304 shares. Pacific Management Communications stated it has 0.26% in Schlumberger Limited (NYSE:SLB). West Family Invs accumulated 5,000 shares. Lau Associates Ltd Llc has 0.32% invested in Schlumberger Limited (NYSE:SLB) for 6,157 shares. Wealthtrust Axiom Limited Liability Corp owns 10,859 shares. Reynders Mcveigh Cap Limited Co reported 15,784 shares or 0.14% of all its holdings. Parsec Mgmt owns 91,859 shares for 0.42% of their portfolio. Deutsche Financial Bank Ag reported 7.24M shares. Whittier Com has invested 0.38% in Schlumberger Limited (NYSE:SLB). Kentucky Retirement invested in 0.41% or 85,425 shares. Fisher Asset Mgmt Limited Liability Corp reported 26,711 shares stake. 55,944 are held by Van Hulzen Asset Mngmt Ltd Company. Skba Cap Management Ltd Liability Com reported 2.1% stake.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: