Alexander Labrunerie & CO. Inc. Cuts Stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Alexander Labrunerie & CO. Inc. lessened its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 2.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 474 shares of the specialty retailer’s stock after selling 14 shares during the period. Alexander Labrunerie & CO. Inc.’s holdings in O’Reilly Automotive were worth $562,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Asset Dedication LLC lifted its holdings in shares of O’Reilly Automotive by 6.2% in the 3rd quarter. Asset Dedication LLC now owns 155 shares of the specialty retailer’s stock worth $178,000 after acquiring an additional 9 shares during the last quarter. Marks Group Wealth Management Inc lifted its holdings in shares of O’Reilly Automotive by 1.5% in the 3rd quarter. Marks Group Wealth Management Inc now owns 605 shares of the specialty retailer’s stock worth $697,000 after acquiring an additional 9 shares during the last quarter. Venturi Wealth Management LLC lifted its holdings in shares of O’Reilly Automotive by 8.5% in the 3rd quarter. Venturi Wealth Management LLC now owns 115 shares of the specialty retailer’s stock worth $132,000 after acquiring an additional 9 shares during the last quarter. Metis Global Partners LLC lifted its holdings in shares of O’Reilly Automotive by 0.5% in the 3rd quarter. Metis Global Partners LLC now owns 1,863 shares of the specialty retailer’s stock worth $2,145,000 after acquiring an additional 9 shares during the last quarter. Finally, L.M. Kohn & Company lifted its holdings in shares of O’Reilly Automotive by 1.4% in the 3rd quarter. L.M. Kohn & Company now owns 654 shares of the specialty retailer’s stock worth $753,000 after acquiring an additional 9 shares during the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

O’Reilly Automotive Stock Up 1.4 %

Shares of NASDAQ ORLY opened at $1,334.19 on Wednesday. O’Reilly Automotive, Inc. has a 52 week low of $947.49 and a 52 week high of $1,336.63. The firm has a 50-day moving average price of $1,235.04 and a 200 day moving average price of $1,181.32. The stock has a market capitalization of $77.02 billion, a price-to-earnings ratio of 33.01, a price-to-earnings-growth ratio of 2.40 and a beta of 0.94.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on ORLY. Evercore ISI increased their price objective on shares of O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an “outperform” rating in a research report on Tuesday, December 3rd. TD Cowen increased their price objective on shares of O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the company a “buy” rating in a research report on Friday, October 25th. Wedbush reaffirmed a “neutral” rating and issued a $1,200.00 target price on shares of O’Reilly Automotive in a research report on Thursday, October 24th. JPMorgan Chase & Co. increased their target price on shares of O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the company an “overweight” rating in a research report on Wednesday, October 16th. Finally, Morgan Stanley raised shares of O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $1,150.00 to $1,450.00 in a research report on Tuesday, January 21st. Two equities research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $1,301.82.

Insider Buying and Selling at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Jeffery Thomas Loafman sold 620 shares of the firm’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the completion of the transaction, the senior vice president now directly owns 5 shares in the company, valued at approximately $6,201.95. This trade represents a 99.20 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Andrea Weiss sold 600 shares of O’Reilly Automotive stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $1,224.07, for a total transaction of $734,442.00. Following the sale, the director now owns 700 shares of the company’s stock, valued at approximately $856,849. This trade represents a 46.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.18% of the stock is currently owned by insiders.

O’Reilly Automotive Company Profile

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