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Shell Asset Management Co. Reduces Position in Old Dominion Freight Line, Inc. $ODFL
Shell Asset Management Co. significantly reduced its stake in Old Dominion Freight Line, Inc. by 62.7% in Q3, selling 6,527 shares and holding 3,878 shares valued at $546,000. Old Dominion Freight Line reported stronger-than-expected quarterly earnings and revenue, and increased its quarterly dividend. Analysts currently have a “Hold” consensus on the stock, with an average price target of $189.88.