DekaBank Deutsche Girozentrale Grows Stock Holdings in O’Reilly Automotive Inc (NASDAQ:ORLY)

DekaBank Deutsche Girozentrale lifted its position in shares of O’Reilly Automotive Inc (NASDAQ:ORLY) by 98.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 26,443 shares of the specialty retailer’s stock after purchasing an additional 13,142 shares during the period. DekaBank Deutsche Girozentrale’s holdings in O’Reilly Automotive were worth $9,821,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Sigma Planning Corp raised its stake in O’Reilly Automotive by 43.3% during the 1st quarter. Sigma Planning Corp now owns 874 shares of the specialty retailer’s stock worth $339,000 after acquiring an additional 264 shares in the last quarter. McKinley Carter Wealth Services Inc. raised its stake in O’Reilly Automotive by 6.4% during the 1st quarter. McKinley Carter Wealth Services Inc. now owns 10,250 shares of the specialty retailer’s stock worth $3,980,000 after acquiring an additional 614 shares in the last quarter. Deane Retirement Strategies Inc. raised its stake in O’Reilly Automotive by 1.3% during the 2nd quarter. Deane Retirement Strategies Inc. now owns 5,524 shares of the specialty retailer’s stock worth $2,040,000 after acquiring an additional 73 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in O’Reilly Automotive by 4.9% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 4,582 shares of the specialty retailer’s stock worth $1,779,000 after acquiring an additional 212 shares in the last quarter. Finally, Cetera Advisor Networks LLC raised its stake in O’Reilly Automotive by 169.6% during the 1st quarter. Cetera Advisor Networks LLC now owns 2,122 shares of the specialty retailer’s stock worth $825,000 after acquiring an additional 1,335 shares in the last quarter. 85.49% of the stock is owned by institutional investors and hedge funds.

Shares of O’Reilly Automotive stock traded up $6.21 during trading hours on Friday, reaching $381.64. The company’s stock had a trading volume of 490,000 shares, compared to its average volume of 726,686. The company’s 50 day simple moving average is $384.16 and its 200 day simple moving average is $379.04. The company has a debt-to-equity ratio of 37.43, a quick ratio of 0.10 and a current ratio of 0.85. O’Reilly Automotive Inc has a one year low of $314.14 and a one year high of $414.63. The stock has a market cap of $28.27 billion, a P/E ratio of 23.70, a price-to-earnings-growth ratio of 1.49 and a beta of 0.73.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings data on Wednesday, July 24th. The specialty retailer reported $4.51 earnings per share for the quarter, missing the Zacks’ consensus estimate of $4.67 by ($0.16). The firm had revenue of $2.59 billion during the quarter, compared to analyst estimates of $2.61 billion. O’Reilly Automotive had a return on equity of 391.89% and a net margin of 13.69%. The firm’s revenue was up 5.4% on a year-over-year basis. During the same period last year, the business earned $4.28 EPS. On average, sell-side analysts predict that O’Reilly Automotive Inc will post 17.54 earnings per share for the current fiscal year.

Several equities research analysts recently commented on ORLY shares. Goldman Sachs Group started coverage on shares of O’Reilly Automotive in a research note on Thursday, July 11th. They set a “buy” rating and a $440.00 price target on the stock. ValuEngine lowered shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Zacks Investment Research lowered shares of O’Reilly Automotive from a “hold” rating to a “sell” rating and set a $427.00 price objective on the stock. in a research note on Friday, July 19th. Royal Bank of Canada set a $428.00 price objective on shares of O’Reilly Automotive and gave the company a “buy” rating in a research note on Wednesday, August 7th. Finally, BidaskClub upgraded shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a research note on Thursday, August 8th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $410.00.

In related news, Director John Raymond Murphy sold 528 shares of the firm’s stock in a transaction that occurred on Tuesday, May 21st. The shares were sold at an average price of $361.05, for a total transaction of $190,634.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Jeffrey Alan Lauro purchased 150 shares of the firm’s stock in a transaction that occurred on Monday, August 5th. The shares were bought at an average price of $368.33 per share, with a total value of $55,249.50. Following the completion of the acquisition, the senior vice president now owns 422 shares of the company’s stock, valued at approximately $155,435.26. The disclosure for this purchase can be found here. Over the last quarter, insiders sold 1,301 shares of company stock valued at $479,036. Corporate insiders own 2.52% of the company’s stock.

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, 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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