Simon Quick Advisors LLC increased its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 50.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 393 shares of the specialty retailer’s stock after acquiring an additional 131 shares during the period. Simon Quick Advisors LLC’s holdings in O’Reilly Automotive were worth $466,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently bought and sold shares of ORLY. MCF Advisors LLC increased its holdings in shares of O’Reilly Automotive by 1.4% in the 4th quarter. MCF Advisors LLC now owns 881 shares of the specialty retailer’s stock valued at $1,045,000 after purchasing an additional 12 shares during the period. Commons Capital LLC increased its stake in O’Reilly Automotive by 4.4% in the 4th quarter. Commons Capital LLC now owns 667 shares of the specialty retailer’s stock valued at $791,000 after buying an additional 28 shares during the period. Mogy Joel R Investment Counsel Inc. lifted its position in O’Reilly Automotive by 5.4% in the 4th quarter. Mogy Joel R Investment Counsel Inc. now owns 13,965 shares of the specialty retailer’s stock worth $16,560,000 after buying an additional 710 shares in the last quarter. Atomi Financial Group Inc. boosted its stake in shares of O’Reilly Automotive by 34.6% during the 4th quarter. Atomi Financial Group Inc. now owns 451 shares of the specialty retailer’s stock valued at $535,000 after buying an additional 116 shares during the period. Finally, Perpetual Ltd grew its holdings in shares of O’Reilly Automotive by 87.8% during the 4th quarter. Perpetual Ltd now owns 507 shares of the specialty retailer’s stock valued at $601,000 after acquiring an additional 237 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several analysts recently issued reports on the company. JPMorgan Chase & Co. increased their price objective on O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the stock an “overweight” rating in a report on Wednesday, October 16th. Roth Capital raised O’Reilly Automotive to a “strong-buy” rating in a research note on Tuesday, October 15th. BNP Paribas upgraded O’Reilly Automotive to a “strong-buy” rating in a report on Friday, October 25th. Royal Bank of Canada lifted their target price on shares of O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the company an “outperform” rating in a research note on Friday, October 25th. Finally, Wells Fargo & Company increased their price target on shares of O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the stock an “overweight” rating in a research note on Monday, October 14th. Two research analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $1,289.44.
Insiders Place Their Bets
In related 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 completion of the transaction, the director now directly owns 700 shares of the company’s stock, valued at $856,849. This trade represents a 46.15 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Jeffery Thomas Loafman sold 620 shares of the business’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the completion of the sale, the senior vice president now directly owns 5 shares in the company, valued at $6,201.95. This trade represents a 99.20 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.18% of the company’s stock.
O’Reilly Automotive Stock Up 0.0 %
ORLY opened at $1,241.33 on Thursday. The stock’s 50 day moving average price is $1,223.57 and its two-hundred day moving average price is $1,165.62. The firm has a market capitalization of $71.66 billion, a P/E ratio of 30.71, a price-to-earnings-growth ratio of 2.26 and a beta of 0.94. O’Reilly Automotive, Inc. has a 12-month low of $947.49 and a 12-month high of $1,283.96.
O’Reilly Automotive (NASDAQ:ORLY – Get Free Report) 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). The company had revenue of $4.36 billion during the quarter, compared to analyst estimates of $4.42 billion. O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The company’s revenue was up 3.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $10.72 EPS. As a group, analysts anticipate that O’Reilly Automotive, Inc. will post 40.85 earnings per share for the current year.
O’Reilly Automotive 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.
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