DAVENPORT & Co LLC Has $18.54 Million Stock Holdings in Old Dominion Freight Line, Inc. $ODFL

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DAVENPORT & Co LLC significantly reduced its stake in Old Dominion Freight Line by 58.1% in Q4, now holding 118,243 shares valued at approximately $18.54 million. Despite previous insider selling and a “Hold” consensus among analysts, the transportation company recently exceeded EPS estimates while experiencing a revenue decline. Old Dominion Freight Line also increased its quarterly dividend to $0.29 per share.

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