As Old Dominion Freight Lines (ODFL) Market Value Rose, Torch Wealth Management Cut by $339,726 Its Holding; Schlumberger LTD (SLB) Holder Schmidt P J Investment Management Cut Its Position by $702,180

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

Schmidt P J Investment Management Inc decreased its stake in Schlumberger Ltd (SLB) by 47.1% based on its latest 2018Q4 regulatory filing with the SEC. Schmidt P J Investment Management Inc sold 19,505 shares as the company’s stock declined 2.52% while stock markets rallied. The institutional investor held 21,911 shares of the oilfield services and equipment company at the end of 2018Q4, valued at $791,000, down from 41,416 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 $65.52B market cap company. The stock decreased 0.14% or $0.06 during the last trading session, reaching $47.28. About 4.73 million shares traded. Schlumberger Limited (NYSE:SLB) has declined 30.63% since April 17, 2018 and is downtrending. It has underperformed by 35.00% the S&P500.

Torch Wealth Management Llc decreased its stake in Old Dominion Freight Lines Inc (ODFL) by 27.16% based on its latest 2018Q4 regulatory filing with the SEC. Torch Wealth Management Llc sold 2,762 shares as the company’s stock rose 8.24% with the market. The institutional investor held 7,408 shares of the transportation company at the end of 2018Q4, valued at $915,000, down from 10,170 at the end of the previous reported quarter. Torch Wealth Management Llc who had been investing in Old Dominion Freight Lines Inc for a number of months, seems to be less bullish one the $12.77 billion market cap company. The stock increased 1.63% or $2.52 during the last trading session, reaching $157.35. About 302,097 shares traded. Old Dominion Freight Line, Inc. (NASDAQ:ODFL) has risen 7.84% since April 17, 2018 and is uptrending. It has outperformed by 3.47% the S&P500. Some Historical ODFL News: 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; 30/04/2018 – OLD DOMINION FREIGHT LINE PROMOTES KEVIN M. FREEMAN TO EVP-COO; 24/04/2018 – Old Dominion Closes Below 50-Day Moving Average: Technicals; 09/03/2018 – OLD DOMINION FREIGHT LINE INC – GREG C. GANTT TO BECOME CHIEF EXECUTIVE OFFICER; 23/03/2018 – Peace Corps: Application Workshop : Old Dominion University; 09/03/2018 – Old Dominion Freight Line Announces Planned Executive Leadership Team Transition; 05/03/2018 – Old Dominion Freight Line Provides Update for First-Qtr 2018; 20/04/2018 – DJ Old Dominion Freight Line Inc, Inst Holders, 1Q 2018 (ODFL); 16/03/2018 – REG-Approval of annual accounts 2017; 09/03/2018 – OLD DOMINION FREIGHT LINE – EFFECTIVE MAY 16, DAVID CONGDON TO SUCCEED CURRENT EXECUTIVE CHAIRMAN EARL CONGDON

More notable recent Old Dominion Freight Line, Inc. (NASDAQ:ODFL) news were published by: Nasdaq.com which released: “ODFL Makes Notable Cross Below Critical Moving Average – Nasdaq” on March 07, 2019, also Bizjournals.com with their article: “Trucking company invests $6M in new Alabama facility – Birmingham Business Journal” published on March 14, 2019, Nasdaq.com published: “Old Dominion Freight Line Named to Forbes’ 2019 America’s Best Employer List – Nasdaq” on April 17, 2019. More interesting news about Old Dominion Freight Line, Inc. (NASDAQ:ODFL) were released by: Nasdaq.com and their article: “Will LTL Revenues Boost Old Dominion’s (ODFL) Q4 Earnings? – Nasdaq” published on February 04, 2019 as well as Benzinga.com‘s news article titled: “Old Dominion Freight Line, Inc. (NASDAQ:ODFL), United Parcel Service, Inc. (NYSE:UPS) – LTL In Northeast Struggles To Right Itself After Body Blow Of NEMF Bankruptcy – Benzinga” with publication date: February 14, 2019.

Investors sentiment decreased to 0.71 in 2018 Q4. Its down 0.21, from 0.92 in 2018Q3. It worsened, as 53 investors sold ODFL shares while 159 reduced holdings. 45 funds opened positions while 105 raised stakes. 61.39 million shares or 7.14% more from 57.30 million shares in 2018Q3 were reported. National Pension has 3,786 shares. Vanguard Grp Inc Inc owns 6.59M shares. 8,130 are held by State Of Alaska Department Of Revenue. Malaga Cove Capital Ltd Liability has invested 0.55% in Old Dominion Freight Line, Inc. (NASDAQ:ODFL). Nordea Investment accumulated 200,828 shares. The Pennsylvania-based Cordasco Fin Net has invested 0.01% in Old Dominion Freight Line, Inc. (NASDAQ:ODFL). Apg Asset Mgmt Nv, Netherlands-based fund reported 55,300 shares. Virginia Retirement Sys Et Al has invested 0.01% in Old Dominion Freight Line, Inc. (NASDAQ:ODFL). Massachusetts-based Geode Capital Limited has invested 0.03% in Old Dominion Freight Line, Inc. (NASDAQ:ODFL). Wells Fargo & Mn reported 716,440 shares. Wedgewood Prtnrs holds 3.36% or 409,411 shares. Citigroup reported 95,181 shares. 44,108 were accumulated by Jupiter Asset Management. Edgestream Partners Limited Partnership invested 0.26% in Old Dominion Freight Line, Inc. (NASDAQ:ODFL). Landscape Capital Management Ltd Liability Corp has 4,353 shares.

Analysts await Old Dominion Freight Line, Inc. (NASDAQ:ODFL) to report earnings on April, 25. They expect $1.64 EPS, up 23.31% or $0.31 from last year’s $1.33 per share. ODFL’s profit will be $133.08 million for 23.99 P/E if the $1.64 EPS becomes a reality. After $1.95 actual EPS reported by Old Dominion Freight Line, Inc. for the previous quarter, Wall Street now forecasts -15.90% negative EPS growth.

Investors sentiment decreased to 0.49 in 2018 Q4. Its down 0.48, from 0.97 in 2018Q3. It worsened, as 205 investors sold SLB shares while 587 reduced holdings. 107 funds opened positions while 278 raised stakes. 1.04 billion shares or 1.72% more from 1.02 billion shares in 2018Q3 were reported. Ltd holds 0.09% of its portfolio in Schlumberger Limited (NYSE:SLB) for 33,957 shares. Moreover, Connor Clark & Lunn Inv has 0.12% invested in Schlumberger Limited (NYSE:SLB) for 486,400 shares. Bailard reported 0.02% in Schlumberger Limited (NYSE:SLB). Kanawha Mngmt Lc has invested 0.38% in Schlumberger Limited (NYSE:SLB). Harvey Investment Limited Liability stated it has 0.16% in Schlumberger Limited (NYSE:SLB). Trillium Asset Mgmt Ltd Liability Co owns 8,551 shares. Chesley Taft & Limited Company invested 0.08% of its portfolio in Schlumberger Limited (NYSE:SLB). Wilkins Invest Counsel owns 144,393 shares. Regent Invest Management Ltd Liability Corporation invested in 8,086 shares. Nomura, Japan-based fund reported 10,489 shares. Marshwinds Advisory Communication holds 0.43% in Schlumberger Limited (NYSE:SLB) or 22,422 shares. Proffitt Goodson owns 4,273 shares or 0.04% of their US portfolio. 1.41M were accumulated by Great Lakes. M Securities reported 7,789 shares. 1.01M were accumulated by Regions Financial.

Since December 20, 2018, it had 1 insider buy, and 1 insider sale for $284,500 activity. Schorn Patrick bought 10,000 shares worth $375,500.

Analysts await Schlumberger Limited (NYSE:SLB) to report earnings on April, 18 before the open. They expect $0.30 EPS, down 21.05% or $0.08 from last year’s $0.38 per share. SLB’s profit will be $415.75M for 39.40 P/E if the $0.30 EPS becomes a reality. After $0.36 actual EPS reported by Schlumberger Limited for the previous quarter, Wall Street now forecasts -16.67% negative EPS growth.

Schmidt P J Investment Management Inc, which manages about $434.11M and $304.69M US Long portfolio, upped its stake in Becton Dickinson & Co (NYSE:BDX) by 1,535 shares to 11,413 shares, valued at $2.57 million in 2018Q4, according to the filing. It also increased its holding in Amazon.Com Inc (NASDAQ:AMZN) by 257 shares in the quarter, for a total of 3,588 shares, and has risen its stake in Apple Inc (NASDAQ:AAPL).

More notable recent Schlumberger Limited (NYSE:SLB) news were published by: Seekingalpha.com which released: “Schlumberger employee interviewed in sanctions probe – FT – Seeking Alpha” on April 05, 2019, also Seekingalpha.com with their article: “Schlumberger maintained at Market Perform by Raymond James – Seeking Alpha” published on April 02, 2019, Benzinga.com published: “Bulls & Bears Of The Week: Dow (NYSE:DOW), Lyft (NASDAQ:LYFT), Pfizer (NASDAQ:PFE), Schlumberger (NYSE:SLB), Tesla (NASDAQ:TSLA) And More – Benzinga” on April 07, 2019. More interesting news about Schlumberger Limited (NYSE:SLB) were released by: Fool.com and their article: “Better Buy: Baker Hughes vs. Schlumberger – The Motley Fool” published on March 30, 2019 as well as Seekingalpha.com‘s news article titled: “Schlumberger: Top Idea In Energy Equipment And Services Providers – Seeking Alpha” with publication date: April 04, 2019.

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

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