O’Reilly Automotive Inc (ORLY) Shares Sold by American Century Companies Inc.

American Century Companies Inc. cut its stake in O’Reilly Automotive Inc (NASDAQ:ORLY) by 17.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 918,498 shares of the specialty retailer’s stock after selling 192,257 shares during the quarter. American Century Companies Inc.’s holdings in O’Reilly Automotive were worth $319,013,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Centaurus Financial Inc. purchased a new position in shares of O’Reilly Automotive in the second quarter worth approximately $112,000. HighPoint Advisor Group LLC purchased a new position in shares of O’Reilly Automotive in the third quarter worth approximately $182,000. Checchi Capital Advisers LLC purchased a new position in shares of O’Reilly Automotive in the second quarter worth approximately $204,000. North American Management Corp purchased a new position in shares of O’Reilly Automotive in the third quarter worth approximately $204,000. Finally, Grandfield & Dodd LLC purchased a new position in shares of O’Reilly Automotive in the second quarter worth approximately $207,000. Hedge funds and other institutional investors own 85.98% of the company’s stock.

Shares of NASDAQ:ORLY opened at $333.54 on Wednesday. The company has a current ratio of 0.91, a quick ratio of 0.11 and a debt-to-equity ratio of 6.37. O’Reilly Automotive Inc has a 1-year low of $206.54 and a 1-year high of $351.65. The company has a market cap of $26.20 billion, a price-to-earnings ratio of 28.17, a PEG ratio of 1.29 and a beta of 1.07.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Wednesday, October 24th. The specialty retailer reported $4.50 earnings per share for the quarter, beating the consensus estimate of $4.31 by $0.19. O’Reilly Automotive had a net margin of 14.09% and a return on equity of 259.86%. The business had revenue of $2.48 billion for the quarter, compared to the consensus estimate of $2.49 billion. On average, equities research analysts predict that O’Reilly Automotive Inc will post 16.1 EPS for the current fiscal year.

In other O’Reilly Automotive news, Director Thomas Hendrickson sold 2,500 shares of O’Reilly Automotive stock in a transaction that occurred on Friday, August 10th. The shares were sold at an average price of $319.31, for a total transaction of $798,275.00. Following the transaction, the director now owns 2,423 shares of the company’s stock, valued at $773,688.13. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman David E. Oreilly sold 27,500 shares of O’Reilly Automotive stock in a transaction that occurred on Tuesday, August 14th. The shares were sold at an average price of $320.78, for a total transaction of $8,821,450.00. Following the transaction, the chairman now directly owns 114,815 shares in the company, valued at approximately $36,830,355.70. The disclosure for this sale can be found here. Insiders have sold 69,061 shares of company stock worth $22,510,178 in the last ninety days. Insiders own 3.07% of the company’s stock.

A number of equities analysts recently issued reports on ORLY shares. Zacks Investment Research downgraded shares of O’Reilly Automotive from a “hold” rating to a “sell” rating in a report on Tuesday, July 10th. Wedbush raised their price objective on shares of O’Reilly Automotive from $250.00 to $310.00 and gave the stock a “neutral” rating in a report on Thursday, July 26th. Stephens reissued a “buy” rating and issued a $350.00 price objective on shares of O’Reilly Automotive in a report on Friday, July 27th. Credit Suisse Group set a $274.00 price objective on shares of O’Reilly Automotive and gave the stock a “hold” rating in a report on Monday, July 16th. Finally, BidaskClub raised shares of O’Reilly Automotive from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 7th. Nine analysts have rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company’s stock. O’Reilly Automotive currently has a consensus rating of “Buy” and a consensus target price of $340.63.

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O’Reilly Automotive Profile

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

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Institutional Ownership by Quarter for O`Reilly Automotive (NASDAQ:ORLY)

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