<div id="readability-page-1"><p>ProShare Advisors LLC boosted its position in  Old Dominion Freight Line, Inc. (NASDAQ:ODFL - Free Report) by 19.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 269,629 shares of the transportation company's stock after acquiring an additional 44,258 shares during the quarter. ProShare Advisors LLC owned 0.13% of Old Dominion Freight Line worth $47,563,000 as of its most recent filing with the Securities and Exchange Commission.</p><ul><li>3 Trucking Stocks Leading the Way in Market Momentum</li></ul><p>Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Geode Capital Management LLC raised its holdings in shares of  Old Dominion Freight Line by 2.0% in the 4th quarter. Geode Capital Management LLC now owns 4,927,383 shares of the transportation company's stock worth $870,311,000 after purchasing an additional 96,410 shares during the period.  Norges Bank purchased a new position in  Old Dominion Freight Line in the fourth quarter valued at approximately $494,916,000.  Capital World Investors raised its holdings in  Old Dominion Freight Line by 1.1% in the fourth quarter. Capital World Investors now owns 2,510,101 shares of the transportation company's stock valued at $442,784,000 after buying an additional 27,367 shares during the period.  Northern Trust Corp grew its stake in  Old Dominion Freight Line by 15.2% during the fourth quarter. Northern Trust Corp now owns 1,983,857 shares of the transportation company's stock worth $349,952,000 after buying an additional 261,305 shares during the period.  Finally, First Trust Advisors LP grew its stake in  Old Dominion Freight Line by 13.6% during the fourth quarter. First Trust Advisors LP now owns 1,547,441 shares of the transportation company's stock worth $272,969,000 after buying an additional 185,500 shares during the period. Institutional investors and hedge funds own  77.82% of the company's stock. </p><h2>Analyst Ratings Changes</h2><p>Several equities analysts recently weighed in on the stock. Truist Financial reduced their target price on shares of Old Dominion Freight Line from $220.00 to $175.00 and set a &#34;buy&#34; rating on the stock in a report on Thursday, April 24th. Barclays reduced their price objective on Old Dominion Freight Line from $185.00 to $170.00 and set an &#34;equal weight&#34; rating on the stock in a research note on Thursday, April 24th. StockNews.com lowered Old Dominion Freight Line from a &#34;hold&#34; rating to a &#34;sell&#34; rating in a research note on Saturday, March 29th. Raymond James  set a $185.00 price target on Old Dominion Freight Line and gave the stock an &#34;outperform&#34; rating in a research report on Thursday, April 24th. Finally, Stephens  restated an &#34;overweight&#34; rating and issued a $180.00 price target (down previously from $200.00) on shares of Old Dominion Freight Line in a report on Thursday, April 24th. Two analysts have rated the stock with a sell rating, thirteen have issued  a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of &#34;Hold&#34; and a consensus target price of $183.37.</p><ul><li>XPO Stock Gains Momentum as U.S. Trade Outlook Evolves</li></ul><p><b>Check Out Our Latest Stock Report on ODFL</b></p><h2>Old Dominion Freight Line Stock Down 1.0%</h2><p>NASDAQ:ODFL opened at $169.93 on Friday. The firm has a market capitalization of $35.91 billion, a PE ratio of 31.01, a price-to-earnings-growth ratio of 2.89 and a beta of 1.31. The stock has a 50 day moving average of $159.42 and a 200-day moving average of $183.93. Old Dominion Freight Line, Inc. has a 52 week low of $144.90 and a 52 week high of $233.26. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.01. </p><ul><li>Where to Invest in 2025: Top Stock Picks for Maximum Gains</li></ul><p>Old Dominion Freight Line (NASDAQ:ODFL - Get Free Report) last posted its earnings results on Wednesday, April 23rd. The transportation company reported $1.19 EPS for the quarter, beating the consensus estimate of $1.14 by $0.05. The company had revenue of $1.37 billion during the quarter, compared to analyst estimates of $1.38 billion. Old Dominion Freight Line had a return on equity of 28.02% and a net margin of 20.40%. The business's revenue was down 5.8% compared to the same quarter last year. During the same period in the prior year, the company earned $1.34 earnings per share.  Analysts predict that  Old Dominion Freight Line, Inc. will post 5.68 EPS for the current year. </p><h2>Old Dominion Freight Line Company Profile</h2> (Free Report)<p>Old Dominion Freight Line, Inc operates as a less-than-truckload motor carrier in the United States and North America. The company offers regional, inter-regional, and national less-than-truckload services, as well as expedited transportation. It also provides various value-added services, including container drayage, truckload brokerage, and supply chain consulting.</p><h2>See Also</h2><ul><li>Five stocks we like better than Old Dominion Freight Line</li><li>How to Plot Fibonacci Price Inflection Levels </li><li>Walmart Stock Alert: Big Price Move Expected Soon</li><li>What Does Downgrade Mean in Investing?</li><li>An Acquisition Just Made Dick's the Most Exciting Stock in Retail</li><li>Growth Stocks: What They Are, Examples and How to Invest</li><li>Microsoft and OpenAI Just Hit Reset—Here’s Why MSFT Stock Wins</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9T0RGTA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9T0RGTA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Old Dominion Freight Line Right Now?</h2><p>Before you consider Old Dominion Freight Line, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Old Dominion Freight Line wasn't on the list.</p><p>While Old Dominion Freight Line currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

ODFL

<p>ProShare Advisors LLC increased its stake in Old Dominion Freight Line, Inc. (NASDAQ:ODFL) by 19.6% in Q4, owning 269,629 shares valued at $47.56 million. Other institutional investors also adjusted their holdings. Analysts have mixed ratings on the stock, with a consensus rating of "Hold" and a target price of $183.37. Old Dominion reported Q1 earnings of $1.19 EPS, beating estimates, but revenue fell 5.8% year-over-year. The stock is currently trading at $169.93, down 1.0%.</p>

ProShare Advisors LLC Raises Holdings in Old Dominion Freight Line, Inc. (NASDAQ:ODFL)