SeaCrest Wealth Management LLC Has $1.32 Million Stock Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

SeaCrest Wealth Management LLC raised its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 1,427 shares of the specialty retailer’s stock after purchasing an additional 25 shares during the period. SeaCrest Wealth Management LLC’s holdings in O’Reilly Automotive were worth $1,321,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. National Bank of Canada FI increased its stake in shares of O’Reilly Automotive by 22.6% during the 3rd quarter. National Bank of Canada FI now owns 42,044 shares of the specialty retailer’s stock worth $37,751,000 after purchasing an additional 7,762 shares during the last quarter. SignalPoint Asset Management LLC increased its holdings in O’Reilly Automotive by 3.3% in the 4th quarter. SignalPoint Asset Management LLC now owns 51,120 shares of the specialty retailer’s stock worth $48,567,000 after acquiring an additional 1,642 shares during the last quarter. HB Wealth Management LLC raised its stake in O’Reilly Automotive by 7.0% in the 4th quarter. HB Wealth Management LLC now owns 1,747 shares of the specialty retailer’s stock valued at $1,660,000 after acquiring an additional 114 shares during the period. LPL Financial LLC raised its stake in O’Reilly Automotive by 10.8% in the 3rd quarter. LPL Financial LLC now owns 34,746 shares of the specialty retailer’s stock valued at $31,579,000 after acquiring an additional 3,385 shares during the period. Finally, Kingswood Wealth Advisors LLC lifted its holdings in O’Reilly Automotive by 9.8% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 753 shares of the specialty retailer’s stock valued at $715,000 after purchasing an additional 67 shares during the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Trading Down 0.6 %

Shares of ORLY traded down $6.64 during mid-day trading on Thursday, reaching $1,128.88. The company’s stock had a trading volume of 292,987 shares, compared to its average volume of 381,275. O’Reilly Automotive, Inc. has a 52 week low of $821.61 and a 52 week high of $1,169.11. The stock has a market cap of $66.65 billion, a PE ratio of 29.34, a P/E/G ratio of 2.06 and a beta of 0.86. The company’s fifty day moving average price is $1,069.88 and its two-hundred day moving average price is $988.83.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings results on Thursday, February 8th. The specialty retailer reported $9.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $9.07 by $0.19. The business had revenue of $3.83 billion during the quarter, compared to analyst estimates of $3.86 billion. O’Reilly Automotive had a net margin of 14.84% and a negative return on equity of 139.01%. The company’s revenue was up 5.1% on a year-over-year basis. During the same period in the prior year, the business posted $8.37 earnings per share. Research analysts anticipate that O’Reilly Automotive, Inc. will post 42.09 EPS for the current year.

Analysts Set New Price Targets

ORLY has been the subject of several recent research reports. TD Cowen lifted their target price on shares of O’Reilly Automotive from $1,100.00 to $1,150.00 and gave the stock an “outperform” rating in a research note on Friday, December 8th. Mizuho initiated coverage on shares of O’Reilly Automotive in a research note on Tuesday, March 19th. They issued a “buy” rating and a $1,225.00 price objective for the company. Evercore ISI increased their target price on O’Reilly Automotive from $1,200.00 to $1,235.00 and gave the stock an “outperform” rating in a research report on Tuesday. Barclays lifted their price target on O’Reilly Automotive from $954.00 to $986.00 and gave the company an “equal weight” rating in a research report on Thursday, January 4th. Finally, The Goldman Sachs Group raised their target price on O’Reilly Automotive from $1,022.00 to $1,170.00 and gave the stock a “buy” rating in a research note on Friday, February 9th. Five research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $1,085.47.

Insider Buying and Selling

In other news, SVP Christopher Andrew Mancini sold 1,500 shares of O’Reilly Automotive stock in a transaction dated Wednesday, January 17th. The shares were sold at an average price of $1,000.00, for a total transaction of $1,500,000.00. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In related news, EVP Doug D. Bragg sold 1,218 shares of the company’s stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $1,063.54, for a total value of $1,295,391.72. Following the sale, the executive vice president now owns 5,533 shares in the company, valued at approximately $5,884,566.82. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Christopher Andrew Mancini sold 1,500 shares of the firm’s stock in a transaction on Wednesday, January 17th. The shares were sold at an average price of $1,000.00, for a total value of $1,500,000.00. The disclosure for this sale can be found here. Insiders sold 27,468 shares of company stock valued at $28,769,333 over the last quarter. 1.55% of the stock is owned by company insiders.

About O’Reilly Automotive

O'Reilly Automotive, Inc, together with its subsidiaries, operates as a retailer and supplier of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States, Puerto Rico, and Mexico. The company provides new and remanufactured automotive hard parts and maintenance items, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, temperature control, water pumps, antifreeze, appearance products, engine additives, filters, fluids, lighting products, and oil and wiper blades; and accessories, including floor mats, seat covers, and truck accessories.