Bronfman E.L. Rothschild L.P. lessened its position in shares of O'Reilly Automotive Inc (NASDAQ:ORLY) by 17.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,359 shares of the specialty retailer’s stock after selling 495 shares during the quarter. Bronfman E.L. Rothschild L.P.’s holdings in O'Reilly Automotive were worth $567,000 at the end of the most recent reporting period.
Other institutional investors have also recently bought and sold shares of the company. NEXT Financial Group Inc purchased a new stake in O'Reilly Automotive during the 3rd quarter valued at about $100,000. Amica Retiree Medical Trust purchased a new stake in O'Reilly Automotive during the 3rd quarter valued at about $107,000. NuWave Investment Management LLC purchased a new stake in O'Reilly Automotive during the 4th quarter valued at about $122,000. Fieldpoint Private Securities LLC purchased a new stake in O'Reilly Automotive during the 3rd quarter valued at about $141,000. Finally, Capital Guardian Trust Co. purchased a new stake in O'Reilly Automotive during the 3rd quarter valued at about $157,000. Institutional investors and hedge funds own 88.14% of the company’s stock.
In other O'Reilly Automotive news, SVP Randy Johnson sold 1,040 shares of the business’s stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $235.00, for a total transaction of $244,400.00. Following the completion of the sale, the senior vice president now directly owns 9,255 shares in the company, valued at approximately $2,174,925. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, SVP Jeremy Adam Fletcher sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, January 24th. The stock was sold at an average price of $275.00, for a total value of $2,750,000.00. Following the sale, the senior vice president now owns 10,900 shares of the company’s stock, valued at $2,997,500. The disclosure for this sale can be found here. Insiders sold a total of 153,680 shares of company stock valued at $35,748,242 in the last ninety days. 3.12% of the stock is currently owned by insiders.
O'Reilly Automotive Inc (NASDAQ:ORLY) opened at $245.31 on Wednesday. The firm has a market capitalization of $20,930.00, a PE ratio of 19.35, a P/E/G ratio of 1.08 and a beta of 0.90. O'Reilly Automotive Inc has a fifty-two week low of $169.43 and a fifty-two week high of $279.23. The company has a quick ratio of 0.11, a current ratio of 0.93 and a debt-to-equity ratio of 4.56.
O'Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Wednesday, February 7th. The specialty retailer reported $2.90 earnings per share for the quarter, topping analysts’ consensus estimates of $2.78 by $0.12. The company had revenue of $2.19 billion during the quarter, compared to analysts’ expectations of $2.19 billion. O'Reilly Automotive had a return on equity of 119.05% and a net margin of 12.63%. O'Reilly Automotive’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.59 EPS. analysts forecast that O'Reilly Automotive Inc will post 15.54 earnings per share for the current fiscal year.
O'Reilly Automotive announced that its board has approved a stock buyback program on Wednesday, February 7th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the specialty retailer to repurchase shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s management believes its shares are undervalued.
Several analysts have weighed in on ORLY shares. Citigroup boosted their price target on O'Reilly Automotive from $276.00 to $283.00 and gave the company a “buy” rating in a research note on Friday, October 27th. Stephens set a $300.00 price target on O'Reilly Automotive and gave the company a “buy” rating in a research note on Wednesday, January 17th. Credit Suisse Group boosted their price target on O'Reilly Automotive from $241.00 to $264.00 and gave the company a “neutral” rating in a research note on Thursday, February 8th. They noted that the move was a valuation call. BidaskClub upgraded O'Reilly Automotive from a “strong sell” rating to a “sell” rating in a research note on Friday, January 5th. Finally, Jefferies Group reiterated a “buy” rating and set a $297.00 price target on shares of O'Reilly Automotive in a research note on Friday, February 9th. Eleven research 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’s stock. The company has a consensus rating of “Buy” and an average price target of $251.05.
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O'Reilly Automotive Company Profile
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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