Kingfisher Capital LLC Lowers Stock Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Kingfisher Capital LLC cut its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 4.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,248 shares of the specialty retailer’s stock after selling 266 shares during the quarter. O’Reilly Automotive comprises approximately 1.4% of Kingfisher Capital LLC’s portfolio, making the stock its 23rd biggest holding. Kingfisher Capital LLC’s holdings in O’Reilly Automotive were worth $6,044,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Citizens Financial Group Inc. RI raised its holdings in shares of O’Reilly Automotive by 5.8% in the 1st quarter. Citizens Financial Group Inc. RI now owns 475 shares of the specialty retailer’s stock worth $536,000 after purchasing an additional 26 shares during the period. LRI Investments LLC purchased a new position in O’Reilly Automotive in the first quarter valued at approximately $96,000. Cetera Investment Advisers raised its stake in shares of O’Reilly Automotive by 243.9% in the 1st quarter. Cetera Investment Advisers now owns 16,405 shares of the specialty retailer’s stock valued at $18,519,000 after acquiring an additional 11,635 shares during the period. Cetera Advisors LLC lifted its holdings in shares of O’Reilly Automotive by 10.7% during the 1st quarter. Cetera Advisors LLC now owns 1,953 shares of the specialty retailer’s stock valued at $2,205,000 after acquiring an additional 189 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale boosted its position in O’Reilly Automotive by 6.2% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 17,378 shares of the specialty retailer’s stock worth $19,664,000 after purchasing an additional 1,021 shares during the period. 85.00% of the stock is owned by institutional investors and hedge funds.

O’Reilly Automotive Trading Down 0.0 %

Shares of ORLY opened at $1,244.01 on Friday. O’Reilly Automotive, Inc. has a 52 week low of $914.50 and a 52 week high of $1,255.30. The firm has a market cap of $71.82 billion, a price-to-earnings ratio of 30.78, a PEG ratio of 2.52 and a beta of 0.92. The stock has a 50 day moving average of $1,188.64 and a 200-day moving average of $1,107.23.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $11.53 by ($0.12). O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The firm had revenue of $4.36 billion for the quarter, compared to the consensus estimate of $4.42 billion. During the same quarter last year, the business earned $10.72 earnings per share. The business’s revenue for the quarter was up 3.8% compared to the same quarter last year. On average, sell-side analysts predict that O’Reilly Automotive, Inc. will post 40.85 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. JPMorgan Chase & Co. raised their price objective on O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the company an “overweight” rating in a research report on Wednesday, October 16th. TD Cowen raised their target price on O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the company a “buy” rating in a report on Friday, October 25th. Barclays upped their price target on O’Reilly Automotive from $986.00 to $1,088.00 and gave the stock an “equal weight” rating in a report on Friday, October 25th. DA Davidson reiterated a “buy” rating and set a $1,275.00 price objective on shares of O’Reilly Automotive in a research note on Thursday, October 24th. Finally, Evercore ISI upped their target price on shares of O’Reilly Automotive from $1,215.00 to $1,230.00 and gave the company an “outperform” rating in a research note on Thursday, August 22nd. Four research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $1,242.13.

Insider Activity

In other O’Reilly Automotive news, Director Andrea Weiss sold 600 shares of the firm’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $1,224.07, for a total value of $734,442.00. Following the sale, the director now directly owns 700 shares in the company, valued at approximately $856,849. This trade represents a 46.15 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Jeffery Thomas Loafman sold 620 shares of the company’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the transaction, the senior vice president now owns 5 shares of the company’s stock, valued at $6,201.95. This represents a 99.20 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.55% of the company’s stock.

O’Reilly Automotive Company Profile

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.