Mn Services Vermogensbeheer B.V. decreased its stake in shares of O’Reilly Automotive Inc (NASDAQ:ORLY) by 1.5% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 13,178 shares of the specialty retailer’s stock after selling 200 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in O’Reilly Automotive were worth $4,577,000 as of its most recent filing with the SEC.
Other hedge funds also recently made changes to their positions in the company. Centaurus Financial Inc. bought a new stake in shares of O’Reilly Automotive during the 2nd quarter worth about $112,000. HighPoint Advisor Group LLC bought a new stake in O’Reilly Automotive in the 3rd quarter valued at about $182,000. North American Management Corp bought a new stake in O’Reilly Automotive in the 3rd quarter valued at about $204,000. Campbell Newman Asset Management Inc. bought a new stake in O’Reilly Automotive in the 3rd quarter valued at about $208,000. Finally, Gradient Investments LLC boosted its holdings in O’Reilly Automotive by 15,000.0% in the 3rd quarter. Gradient Investments LLC now owns 604 shares of the specialty retailer’s stock valued at $210,000 after purchasing an additional 600 shares during the period. 85.98% of the stock is owned by institutional investors and hedge funds.
ORLY has been the subject of a number of recent research reports. Zacks Investment Research downgraded shares of O’Reilly Automotive from a “hold” rating to a “sell” rating in a report on Tuesday, July 10th. Royal Bank of Canada boosted their price objective on shares of O’Reilly Automotive to $319.00 and gave the company an “outperform” rating in a report on Thursday, July 12th. Credit Suisse Group set a $274.00 price objective on shares of O’Reilly Automotive and gave the company a “hold” rating in a report on Monday, July 16th. Wells Fargo & Co reissued a “buy” rating and issued a $320.00 price objective on shares of O’Reilly Automotive in a report on Thursday, July 19th. Finally, Wedbush boosted their price objective on shares of O’Reilly Automotive from $250.00 to $310.00 and gave the company a “neutral” rating in a report on Thursday, July 26th. Nine equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the stock. O’Reilly Automotive currently has an average rating of “Buy” and an average price target of $340.63.
In related news, Director Thomas Hendrickson sold 2,500 shares of the company’s 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 completion of the transaction, the director now directly owns 2,423 shares in the company, valued at approximately $773,688.13. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Chairman David E. Oreilly sold 27,500 shares of the company’s stock in a transaction that occurred on Tuesday, August 14th. The stock was sold at an average price of $320.78, for a total transaction of $8,821,450.00. Following the transaction, the chairman now owns 114,815 shares of the company’s stock, valued at $36,830,355.70. The disclosure for this sale can be found here. Insiders sold a total of 69,061 shares of company stock valued at $22,510,178 over the last 90 days. Corporate insiders own 3.07% of the company’s stock.
Shares of NASDAQ:ORLY opened at $333.54 on Wednesday. The company has a market capitalization of $26.20 billion, a PE ratio of 28.17, a PEG ratio of 1.29 and a beta of 1.07. The company has a quick ratio of 0.11, a current ratio of 0.91 and a debt-to-equity ratio of 6.37. O’Reilly Automotive Inc has a 12 month low of $206.54 and a 12 month high of $351.65.
O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results on Wednesday, October 24th. The specialty retailer reported $4.50 EPS for the quarter, beating the consensus estimate of $4.31 by $0.19. The company had revenue of $2.48 billion during the quarter, compared to analysts’ expectations of $2.49 billion. O’Reilly Automotive had a net margin of 14.09% and a return on equity of 259.86%. As a group, research analysts expect that O’Reilly Automotive Inc will post 16.1 EPS for the current year.
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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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