Public Employees Retirement Association Of Colorado Has Lifted Its Old Dominion (ODFL) Position, Kensico Capital Management Has Lowered Echostar (SATS) Position By $4.83 Million

June 19, 2017 - By Clifton Ray

Public Employees Retirement Association Of Colorado increased Old Dominion (ODFL) stake by 13.26% reported in 2016Q4 SEC filing. Public Employees Retirement Association Of Colorado acquired 21,392 shares as Old Dominion (ODFL)’s stock declined 6.90%. The Public Employees Retirement Association Of Colorado holds 182,667 shares with $15.67M value, up from 161,275 last quarter. Old Dominion now has $7.87 billion valuation. The stock rose 0.33% or $0.31 reaching $95.01 per share. About 13,326 shares traded. Old Dominion Freight Line (NASDAQ:ODFL) has risen 37.85% since June 19, 2016 and is uptrending. It has outperformed by 21.15% the S&P500.

Kensico Capital Management Corp decreased Echostar Corp (SATS) stake by 6.39% reported in 2016Q4 SEC filing. Kensico Capital Management Corp sold 94,650 shares as Echostar Corp (SATS)’s stock rose 5.28%. The Kensico Capital Management Corp holds 1.39 million shares with $71.25 million value, down from 1.48 million last quarter. Echostar Corp now has $5.79B valuation. The stock rose 1.63% or $0.99 reaching $61.74. About 2,896 shares traded. Echostar Corporation (NASDAQ:SATS) has risen 47.96% since June 19, 2016 and is uptrending. It has outperformed by 31.26% the S&P500.

Since February 28, 2017, it had 0 insider purchases, and 11 selling transactions for $3.98 million activity. $85,301 worth of Echostar Corporation (NASDAQ:SATS) shares were sold by Manson Dean. Ortolf Tom A sold $265,500 worth of stock or 5,000 shares. KAUL PRADMAN P also sold $298,810 worth of Echostar Corporation (NASDAQ:SATS) on Friday, May 26. On Friday, May 12 Federico Anthony M sold $281,800 worth of Echostar Corporation (NASDAQ:SATS) or 5,000 shares. DUGAN MICHAEL T sold $120,029 worth of stock. RAYNER DAVID sold $150,000 worth of stock or 2,500 shares.

Investors sentiment decreased to 0.87 in 2016 Q4. Its down 0.21, from 1.08 in 2016Q3. It dived, as 17 investors sold SATS shares while 59 reduced holdings. 18 funds opened positions while 48 raised stakes. 41.14 million shares or 0.26% less from 41.25 million shares in 2016Q3 were reported. Millennium Mgmt Limited Liability Company owns 9,923 shares or 0% of their US portfolio. The New York-based Paradigm Asset Mngmt Company Llc has invested 0% in Echostar Corporation (NASDAQ:SATS). Sei Invests has 153,635 shares for 0.04% of their portfolio. Moreover, Gsa Llp has 0.06% invested in Echostar Corporation (NASDAQ:SATS). Bbva Compass Fincl Bank reported 0.06% of its portfolio in Echostar Corporation (NASDAQ:SATS). The New York-based Renaissance Techs Ltd has invested 0.21% in Echostar Corporation (NASDAQ:SATS). Jpmorgan Chase Company stated it has 10,977 shares. Horizon Kinetics Lc invested in 864,953 shares or 1.44% of the stock. Envestnet Asset Mngmt has 0% invested in Echostar Corporation (NASDAQ:SATS) for 11,620 shares. Denali Advisors Ltd Co reported 24,500 shares. Howard Hughes Med Institute invested in 0.12% or 10,199 shares. Tfs Capital Limited Liability Co reported 7,200 shares stake. Moreover, Qs Investors Ltd Liability Co has 0% invested in Echostar Corporation (NASDAQ:SATS) for 12 shares. Fifth Third Comml Bank owns 0.01% invested in Echostar Corporation (NASDAQ:SATS) for 20,549 shares. Jefferies Llc reported 10,390 shares.

Kensico Capital Management Corp increased Liberty Media Corp Delaware stake by 51,500 shares to 1.72M valued at $53.76 million in 2016Q4. It also upped Priceline Grp Inc (NASDAQ:PCLN) stake by 1,700 shares and now owns 54,700 shares. American Intl Group Inc (NYSE:AIG) was raised too.

Public Employees Retirement Association Of Colorado decreased Eli Lilly & Co (NYSE:LLY) stake by 9,642 shares to 191,125 valued at $14.06M in 2016Q4. It also reduced Mckesson Hboc (NYSE:MCK) stake by 2,512 shares and now owns 44,015 shares. Cognizant Tec A (NASDAQ:CTSH) was reduced too.

Among 8 analysts covering Old Dominion Freight Line (NASDAQ:ODFL), 2 have Buy rating, 0 Sell and 6 Hold. Therefore 25% are positive. Old Dominion Freight Line had 18 analyst reports since August 3, 2015 according to SRatingsIntel. Bank of America upgraded the stock to “Neutral” rating in Tuesday, June 6 report. The rating was maintained by RBC Capital Markets with “Sector Perform” on Friday, July 31. Citigroup downgraded Old Dominion Freight Line (NASDAQ:ODFL) on Wednesday, October 7 to “Neutral” rating. The company was maintained on Wednesday, September 23 by RBC Capital Markets. As per Friday, July 31, the company rating was maintained by Cowen & Co. Cowen & Co maintained the stock with “Market Perform” rating in Friday, April 29 report. Stifel Nicolaus downgraded Old Dominion Freight Line (NASDAQ:ODFL) on Thursday, April 28 to “Hold” rating. The stock of Old Dominion Freight Line (NASDAQ:ODFL) has “Buy” rating given on Wednesday, November 2 by Deutsche Bank. Bank of America downgraded the shares of ODFL in report on Wednesday, December 2 to “Neutral” rating. The stock of Old Dominion Freight Line (NASDAQ:ODFL) has “Buy” rating given on Friday, October 2 by Bank of America.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.



Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: