NEOS Investment Management LLC significantly increased its stake in Old Dominion Freight Line, Inc. (NASDAQ:ODFL) during the third quarter, raising its holdings by 63.4% to $11.84 million. This move is part of a broader trend of institutional investor activity in ODFL, with other major firms like Norges Bank, JPMorgan Chase & Co., and Vanguard Group Inc. also adjusting their positions. The company recently announced an increased quarterly dividend and reported earnings that surpassed analyst estimates.
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NEOS Investment Management LLC Has $11.84 Million Holdings in Old Dominion Freight Line, Inc. $ODFL
NEOS Investment Management LLC significantly increased its stake in Old Dominion Freight Line, Inc. (NASDAQ:ODFL) during the third quarter, raising its holdings by 63.4% to $11.84 million. This move is part of a broader trend of institutional investor activity in ODFL, with other major firms like Norges Bank, JPMorgan Chase & Co., and Vanguard Group Inc. also adjusting their positions. The company recently announced an increased quarterly dividend and reported earnings that surpassed analyst estimates.