O’Reilly Automotive Inc (NASDAQ:ORLY) Position Trimmed by Giverny Capital Inc.

Giverny Capital Inc. trimmed its position in shares of O’Reilly Automotive Inc (NASDAQ:ORLY) by 42.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,811 shares of the specialty retailer’s stock after selling 21,341 shares during the period. O’Reilly Automotive makes up 1.3% of Giverny Capital Inc.’s portfolio, making the stock its 22nd biggest position. Giverny Capital Inc.’s holdings in O’Reilly Automotive were worth $11,187,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Vanguard Group Inc grew its holdings in O’Reilly Automotive by 0.5% during the 3rd quarter. Vanguard Group Inc now owns 5,891,448 shares of the specialty retailer’s stock worth $2,046,218,000 after acquiring an additional 30,192 shares in the last quarter. Polen Capital Management LLC grew its holdings in O’Reilly Automotive by 2.0% during the 4th quarter. Polen Capital Management LLC now owns 2,881,956 shares of the specialty retailer’s stock worth $992,344,000 after acquiring an additional 57,538 shares in the last quarter. FMR LLC grew its holdings in O’Reilly Automotive by 80.9% during the 4th quarter. FMR LLC now owns 1,163,828 shares of the specialty retailer’s stock worth $400,741,000 after acquiring an additional 520,302 shares in the last quarter. Geode Capital Management LLC grew its holdings in O’Reilly Automotive by 9.9% during the 4th quarter. Geode Capital Management LLC now owns 1,121,559 shares of the specialty retailer’s stock worth $385,559,000 after acquiring an additional 100,713 shares in the last quarter. Finally, Northern Trust Corp grew its holdings in O’Reilly Automotive by 3.3% during the 4th quarter. Northern Trust Corp now owns 1,078,886 shares of the specialty retailer’s stock worth $371,494,000 after acquiring an additional 34,966 shares in the last quarter. 85.61% of the stock is owned by institutional investors and hedge funds.

Several brokerages have weighed in on ORLY. Zacks Investment Research lowered shares of O’Reilly Automotive from a “hold” rating to a “sell” rating in a report on Monday, April 15th. Morgan Stanley raised their price objective on shares of O’Reilly Automotive from $385.00 to $400.00 and gave the stock an “equal weight” rating in a report on Monday, April 15th. BidaskClub lowered shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a report on Friday, April 19th. Wells Fargo & Co raised their price objective on shares of O’Reilly Automotive from $415.00 to $445.00 and gave the stock an “outperform” rating in a report on Thursday, April 18th. Finally, Citigroup raised their price objective on shares of O’Reilly Automotive from $422.00 to $454.00 and gave the stock a “buy” rating in a report on Monday, April 1st. Nine research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $379.13.

In related news, Director John Raymond Murphy sold 528 shares of O’Reilly Automotive stock in a transaction dated Tuesday, May 21st. The shares were sold at an average price of $361.05, for a total value of $190,634.40. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Lawrence P. Oreilly sold 5,600 shares of O’Reilly Automotive stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of $375.48, for a total transaction of $2,102,688.00. Following the completion of the sale, the director now owns 122,564 shares in the company, valued at $46,020,330.72. The disclosure for this sale can be found here. Insiders sold a total of 42,886 shares of company stock valued at $16,149,052 over the last ninety days. Company insiders own 2.52% of the company’s stock.

Shares of NASDAQ ORLY traded up $0.39 during midday trading on Friday, hitting $387.96. The company’s stock had a trading volume of 447,736 shares, compared to its average volume of 551,439. O’Reilly Automotive Inc has a 1-year low of $270.97 and a 1-year high of $414.63. The company has a debt-to-equity ratio of 13.67, a quick ratio of 0.10 and a current ratio of 0.84. The firm has a market capitalization of $30.41 billion, a PE ratio of 24.10, a price-to-earnings-growth ratio of 1.42 and a beta of 0.79.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings results on Wednesday, April 24th. The specialty retailer reported $4.05 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $4.05. O’Reilly Automotive had a net margin of 13.87% and a return on equity of 333.23%. The business had revenue of $2.41 billion during the quarter, compared to analyst estimates of $2.44 billion. During the same period in the previous year, the business posted $3.61 EPS. The company’s quarterly revenue was up 5.6% on a year-over-year basis. Equities analysts forecast that O’Reilly Automotive Inc will post 17.78 earnings per share for the current year.

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About O’Reilly Automotive

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, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, and temperature control and water pumps; maintenance items comprising antifreeze and lighting products, appearance products, engine additives, filters, fluids, and oil and wiper blades; 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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