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QV Investors Inc. Purchases Shares of 125,910 Old Dominion Freight Line, Inc. $ODFL
QV Investors Inc. initiated a new position in Old Dominion Freight Line (NASDAQ:ODFL) during the fourth quarter, acquiring 125,910 shares valued at approximately $19.74 million. This investment makes ODFL about 1.6% of QV Investors’ portfolio and its 18th largest holding, with the fund owning 0.06% of the company. Despite recent insider selling, institutional investors hold a significant portion of the stock, and ODFL recently raised its quarterly dividend, maintaining an average analyst rating of “Hold.”