Keybank National Association OH Has $1.58 Million Stock Position in O’Reilly Automotive Inc (NASDAQ:ORLY)

Keybank National Association OH lowered its stake in O’Reilly Automotive Inc (NASDAQ:ORLY) by 35.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,275 shares of the specialty retailer’s stock after selling 2,379 shares during the period. Keybank National Association OH’s holdings in O’Reilly Automotive were worth $1,579,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Advisors Preferred LLC bought a new position in shares of O’Reilly Automotive during the first quarter valued at $26,000. Squar Milner Financial Services LLC raised its stake in shares of O’Reilly Automotive by 80.5% during the second quarter. Squar Milner Financial Services LLC now owns 74 shares of the specialty retailer’s stock valued at $27,000 after acquiring an additional 33 shares during the last quarter. Shine Investment Advisory Services Inc. raised its stake in shares of O’Reilly Automotive by 65.4% during the second quarter. Shine Investment Advisory Services Inc. now owns 86 shares of the specialty retailer’s stock valued at $32,000 after acquiring an additional 34 shares during the last quarter. Hall Laurie J Trustee bought a new position in shares of O’Reilly Automotive during the first quarter valued at $47,000. Finally, Thor Advisors LLC bought a new position in shares of O’Reilly Automotive during the first quarter valued at $48,000. Hedge funds and other institutional investors own 85.49% of the company’s stock.

In related news, SVP Jason Lee Tarrant sold 651 shares of O’Reilly Automotive stock in a transaction on Monday, August 12th. The shares were sold at an average price of $370.69, for a total transaction of $241,319.19. Following the completion of the transaction, the senior vice president now owns 1,941 shares of the company’s stock, valued at $719,509.29. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director John Raymond Murphy sold 528 shares of O’Reilly Automotive stock in a transaction on Tuesday, May 21st. The stock was sold at an average price of $361.05, for a total transaction of $190,634.40. The disclosure for this sale can be found here. Insiders have sold 1,301 shares of company stock valued at $479,036 in the last three months. 2.52% of the stock is owned by insiders.

Several research firms have recently issued reports on ORLY. Royal Bank of Canada set a $428.00 price target on shares of O’Reilly Automotive and gave the company a “buy” rating in a research note on Wednesday, August 7th. Northcoast Research downgraded shares of O’Reilly Automotive from a “buy” rating to a “neutral” rating in a research note on Thursday, June 27th. ValuEngine downgraded shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Goldman Sachs Group began 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 for the company. Finally, BidaskClub raised 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 issued a buy rating and two have assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $410.00.

Shares of NASDAQ ORLY opened at $381.64 on Friday. O’Reilly Automotive Inc has a twelve month low of $314.14 and a twelve month high of $414.63. The firm has a fifty day simple moving average of $384.16 and a 200 day simple moving average of $379.04. The company has a market capitalization of $28.27 billion, a PE ratio of 23.70, a P/E/G ratio of 1.49 and a beta of 0.73. The company has a quick ratio of 0.10, a current ratio of 0.85 and a debt-to-equity ratio of 37.43.

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

O’Reilly Automotive Company 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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