First American Trust FSB acquired a new position in shares of O'Reilly Automotive Inc (NASDAQ:ORLY) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 12,149 shares of the specialty retailer’s stock, valued at approximately $2,922,000.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Aurora Investment Counsel bought a new position in shares of O'Reilly Automotive during the 4th quarter worth approximately $3,143,000. Atlantic Trust Group LLC raised its stake in shares of O'Reilly Automotive by 30.1% during the 3rd quarter. Atlantic Trust Group LLC now owns 70,065 shares of the specialty retailer’s stock worth $15,090,000 after acquiring an additional 16,217 shares in the last quarter. Parametric Portfolio Associates LLC raised its stake in shares of O'Reilly Automotive by 19.9% during the 3rd quarter. Parametric Portfolio Associates LLC now owns 189,105 shares of the specialty retailer’s stock worth $40,728,000 after acquiring an additional 31,379 shares in the last quarter. Steward Partners Investment Advisory LLC bought a new position in shares of O'Reilly Automotive during the 3rd quarter worth approximately $225,000. Finally, Hartline Investment Corp raised its stake in shares of O'Reilly Automotive by 3.0% during the 3rd quarter. Hartline Investment Corp now owns 34,452 shares of the specialty retailer’s stock worth $7,420,000 after acquiring an additional 1,015 shares in the last quarter. Hedge funds and other institutional investors own 88.41% of the company’s stock.
In related news, SVP Jeremy Adam Fletcher sold 750 shares of the stock in a transaction on Friday, November 10th. The shares were sold at an average price of $215.11, for a total transaction of $161,332.50. Following the sale, the senior vice president now directly owns 1,640 shares of the company’s stock, valued at $352,780.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Chairman David E. Oreilly sold 70,000 shares of the stock in a transaction on Tuesday, November 28th. The stock was sold at an average price of $220.29, for a total transaction of $15,420,300.00. Following the sale, the chairman now directly owns 135,776 shares in the company, valued at $29,910,095.04. The disclosure for this sale can be found here. Insiders sold a total of 172,405 shares of company stock worth $39,844,342 over the last ninety days. Insiders own 3.12% of the company’s stock.
ORLY has been the subject of several recent analyst reports. Citigroup boosted their price objective on shares of O'Reilly Automotive from $276.00 to $283.00 and gave the stock a “buy” rating in a research note on Friday, October 27th. Stephens set a $300.00 target price on shares of O'Reilly Automotive and gave the stock a “buy” rating in a research report on Wednesday, January 17th. BidaskClub raised shares of O'Reilly Automotive from a “strong sell” rating to a “sell” rating in a research report on Friday, January 5th. Credit Suisse Group set a $241.00 target price on shares of O'Reilly Automotive and gave the stock a “hold” rating in a research report on Thursday, January 4th. Finally, Robert W. Baird reissued a “hold” rating and set a $220.00 target price on shares of O'Reilly Automotive in a research report on Friday, October 27th. Eleven investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. O'Reilly Automotive presently has an average rating of “Buy” and an average price target of $242.65.
O'Reilly Automotive Inc (ORLY) traded down $9.74 during mid-day trading on Friday, hitting $252.64. 1,469,086 shares of the stock traded hands, compared to its average volume of 899,917. The stock has a market cap of $22,180.00, a P/E ratio of 21.50, a P/E/G ratio of 1.26 and a beta of 0.90. The company has a debt-to-equity ratio of 4.72, a current ratio of 0.93 and a quick ratio of 0.10. O'Reilly Automotive Inc has a fifty-two week low of $169.43 and a fifty-two week high of $279.23.
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About O'Reilly Automotive
O’Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. The Company sells its products to both do-it-yourself (DIY) and professional service provider customers. The Company’s product line includes new and remanufactured automotive hard parts, such as alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature control, chassis parts, driveline parts and engine parts; maintenance items, such as oil, antifreeze, fluids, filters, wiper blades, lighting, engine additives and appearance products, and accessories, such as floor mats, seat covers and truck accessories.
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