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Old Dominion Freight Line, Inc. (ODFL) Reaches $144.48 52-Week High; Hudson Bay Capital Management LP Has Lowered Its Pnc Financial Services Group (PNC) Position

The stock of Old Dominion Freight Line, Inc. (NASDAQ:ODFL) hit a new 52-week high and has $154.59 target or 7.00% above today’s $144.48 share price. The 9 months bullish chart indicates low risk for the $11.90 billion company. The 1-year high was reported on Jan, 17 by Barchart.com. If the $154.59 price target is reached, the company will be worth $833.14M more. The stock increased 1.62% or $2.3 during the last trading session, reaching $144.48. About 331,192 shares traded. Old Dominion Freight Line, Inc. (NASDAQ:ODFL) has risen 37.85% since January 17, 2017 and is uptrending. It has outperformed by 21.15% the S&P500.

Hudson Bay Capital Management Lp decreased Pnc Financial Services Group (PNC) stake by 24.76% reported in 2017Q3 SEC filing. Hudson Bay Capital Management Lp sold 18,923 shares as Pnc Financial Services Group (PNC)’s stock declined 6.38%. The Hudson Bay Capital Management Lp holds 57,500 shares with $7.75M value, down from 76,423 last quarter. Pnc Financial Services Group now has $73.55 billion valuation. The stock increased 1.53% or $2.33 during the last trading session, reaching $154.59. About 1.83 million shares traded or 1.91% up from the average. The PNC Financial Services Group, Inc. (NYSE:PNC) has risen 35.14% since January 17, 2017 and is uptrending. It has outperformed by 18.44% the S&P500.

Old Dominion Freight Line, Inc. operates as a less-than-truckload motor carrier in the United States and North America. The company has market cap of $11.90 billion. It provides regional, inter-regional, and national LTL services, including ground and air expedited transportation, and consumer household pickup and delivery. It has a 35.59 P/E ratio. The firm also offers various value-added services comprising container drayage, truckload brokerage, supply chain consulting, and warehousing.

Analysts await Old Dominion Freight Line, Inc. (NASDAQ:ODFL) to report earnings on February, 1. They expect $1.09 EPS, up 31.33% or $0.26 from last year’s $0.83 per share. ODFL’s profit will be $89.79M for 33.14 P/E if the $1.09 EPS becomes a reality. After $1.24 actual EPS reported by Old Dominion Freight Line, Inc. for the previous quarter, Wall Street now forecasts -12.10% negative EPS growth.

Investors sentiment increased to 1.14 in Q3 2017. Its up 0.07, from 1.07 in 2017Q2. It increased, as 14 investors sold Old Dominion Freight Line, Inc. shares while 110 reduced holdings. 54 funds opened positions while 87 raised stakes. 57.59 million shares or 0.02% less from 57.60 million shares in 2017Q2 were reported. Tci Wealth Advisors accumulated 0.01% or 209 shares. Moreover, Putnam Fl Investment Mgmt has 0.08% invested in Old Dominion Freight Line, Inc. (NASDAQ:ODFL) for 7,561 shares. Parsec Financial reported 0.07% in Old Dominion Freight Line, Inc. (NASDAQ:ODFL). Apg Asset Nv accumulated 38,700 shares or 0.01% of the stock. Meeder Asset Mngmt owns 2,208 shares or 0.03% of their US portfolio. Utah Retirement accumulated 11,200 shares. Cibc Asset Mngmt holds 0% or 2,693 shares in its portfolio. 1,024 are owned by Bluemountain Mgmt Ltd Liability. Wells Fargo And Mn owns 566,486 shares for 0.02% of their portfolio. 25,046 are held by Aperio Group. 206,395 were reported by California Pub Employees Retirement Sys. Goldman Sachs Grp reported 0.03% stake. Wellington Management Group Limited Liability Partnership reported 1.17 million shares stake. Cornerstone reported 0.03% in Old Dominion Freight Line, Inc. (NASDAQ:ODFL). Brown Advisory stated it has 0.01% in Old Dominion Freight Line, Inc. (NASDAQ:ODFL).

Among 13 analysts covering Old Dominion Freight Line (NASDAQ:ODFL), 5 have Buy rating, 2 Sell and 6 Hold. Therefore 38% are positive. Old Dominion Freight Line has $155.0 highest and $60.0 lowest target. $108.69’s average target is -24.77% below currents $144.48 stock price. Old Dominion Freight Line had 40 analyst reports since August 3, 2015 according to SRatingsIntel. The company was maintained on Thursday, October 5 by Morgan Stanley. The firm has “Hold” rating given on Thursday, April 28 by Stifel Nicolaus. The stock has “Sell” rating by Deutsche Bank on Monday, December 4. The firm earned “Hold” rating on Wednesday, September 6 by Stifel Nicolaus. The stock of Old Dominion Freight Line, Inc. (NASDAQ:ODFL) has “Hold” rating given on Friday, October 27 by Robert W. Baird. The firm has “Buy” rating by Deutsche Bank given on Wednesday, November 2. KeyBanc Capital Markets maintained the shares of ODFL in report on Thursday, January 11 with “Buy” rating. Robert W. Baird maintained the stock with “Hold” rating in Thursday, October 5 report. As per Thursday, October 26, the company rating was maintained by Cowen & Co. The rating was maintained by Cowen & Co on Friday, April 29 with “Market Perform”.

Since August 15, 2017, it had 0 buys, and 1 insider sale for $56,252 activity. The insider CONGDON DAVID S sold $56,252.

Among 33 analysts covering PNC Financial Services (NYSE:PNC), 12 have Buy rating, 1 Sell and 20 Hold. Therefore 36% are positive. PNC Financial Services had 96 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Wednesday, January 6 by Nomura. The stock has “Hold” rating by Susquehanna on Thursday, January 4. The stock has “Hold” rating by Barclays Capital on Tuesday, January 2. The firm earned “Underperform” rating on Monday, May 9 by Raymond James. Jefferies maintained The PNC Financial Services Group, Inc. (NYSE:PNC) rating on Monday, January 8. Jefferies has “Hold” rating and $163.0 target. On Tuesday, March 22 the stock rating was initiated by Societe Generale with “Hold”. The firm has “Equal-Weight” rating given on Monday, October 16 by Barclays Capital. Wells Fargo maintained The PNC Financial Services Group, Inc. (NYSE:PNC) on Tuesday, January 16 with “Hold” rating. The firm has “Buy” rating given on Thursday, September 7 by RBC Capital Markets. The stock of The PNC Financial Services Group, Inc. (NYSE:PNC) earned “Hold” rating by Jefferies on Monday, September 26.

Since October 19, 2017, it had 0 buys, and 4 sales for $10.59 million activity. Another trade for 19,576 shares valued at $2.85M was made by Reilly Robert Q on Friday, December 15. On Monday, October 30 Larrimer Karen L. sold $429,417 worth of The PNC Financial Services Group, Inc. (NYSE:PNC) or 3,135 shares. On Thursday, October 19 the insider Van Wyk Steven C. sold $675,000. Parsley E William III sold $6.64M worth of stock or 46,307 shares.

Investors sentiment decreased to 0.87 in 2017 Q3. Its down 0.06, from 0.93 in 2017Q2. It worsened, as 55 investors sold PNC shares while 364 reduced holdings. 75 funds opened positions while 289 raised stakes. 378.89 million shares or 0.65% less from 381.37 million shares in 2017Q2 were reported. Webster National Bank N A holds 16,180 shares or 0.32% of its portfolio. Finemark National Bank Tru holds 5,528 shares or 0.05% of its portfolio. Hanson And Doremus Invest Mngmt accumulated 1,626 shares. Joel Isaacson & Company Ltd Liability Corp has invested 0.06% in The PNC Financial Services Group, Inc. (NYSE:PNC). Park Corporation Oh holds 19,336 shares or 0.15% of its portfolio. 167,250 are owned by Donaldson Capital Management Ltd Llc. Nomura Asset Communications has 0.15% invested in The PNC Financial Services Group, Inc. (NYSE:PNC). Virginia Retirement Systems Et Al accumulated 91,100 shares or 0.15% of the stock. Walleye Trading Ltd Limited Liability Company reported 2,653 shares. Mycio Wealth Ptnrs Limited Liability Corp has invested 0.13% in The PNC Financial Services Group, Inc. (NYSE:PNC). Tiemann Invest Advisors Ltd Liability invested 0.21% of its portfolio in The PNC Financial Services Group, Inc. (NYSE:PNC). Atlas Browninc reported 6,320 shares. Btim reported 614,280 shares or 1.29% of all its holdings. Clarivest Asset Limited Liability Com stated it has 7 shares. Provident Trust Com accumulated 1.28 million shares or 7.66% of the stock.

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