Values First Advisors Inc. Acquires 423 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Values First Advisors Inc. boosted its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 70.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,025 shares of the specialty retailer’s stock after acquiring an additional 423 shares during the period. Values First Advisors Inc.’s holdings in O’Reilly Automotive were worth $1,215,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Assetmark Inc. grew its position in shares of O’Reilly Automotive by 20.8% in the third quarter. Assetmark Inc. now owns 18,580 shares of the specialty retailer’s stock valued at $21,396,000 after purchasing an additional 3,193 shares during the last quarter. Annex Advisory Services LLC lifted its holdings in O’Reilly Automotive by 23.2% during the 4th quarter. Annex Advisory Services LLC now owns 34,027 shares of the specialty retailer’s stock worth $40,349,000 after purchasing an additional 6,418 shares during the last quarter. CIBC Asset Management Inc boosted its stake in O’Reilly Automotive by 4.7% in the 3rd quarter. CIBC Asset Management Inc now owns 19,597 shares of the specialty retailer’s stock valued at $22,568,000 after purchasing an additional 882 shares during the period. Montecito Bank & Trust acquired a new position in O’Reilly Automotive in the 4th quarter valued at $365,000. Finally, Eastern Bank bought a new position in O’Reilly Automotive during the 3rd quarter worth $19,786,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Barclays boosted their target price on shares of O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the company an “equal weight” rating in a research report on Friday, February 7th. Guggenheim increased their target price on shares of O’Reilly Automotive from $1,400.00 to $1,475.00 and gave the stock a “buy” rating in a research report on Friday, February 7th. Wedbush raised their target price on shares of O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the stock a “neutral” rating in a report on Thursday, February 6th. Morgan Stanley upgraded O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $1,150.00 to $1,450.00 in a research note on Tuesday, January 21st. Finally, DA Davidson increased their price target on O’Reilly Automotive from $1,450.00 to $1,525.00 and gave the stock a “buy” rating in a research report on Friday, February 7th. Two research analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $1,390.81.

O’Reilly Automotive Price Performance

Shares of O’Reilly Automotive stock opened at $1,323.94 on Wednesday. The company’s 50 day moving average price is $1,244.91 and its two-hundred day moving average price is $1,192.31. The firm has a market capitalization of $76.43 billion, a P/E ratio of 32.56, a P/E/G ratio of 2.50 and a beta of 0.94. O’Reilly Automotive, Inc. has a fifty-two week low of $947.49 and a fifty-two week high of $1,350.27.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 EPS for the quarter, beating analysts’ consensus estimates of $9.73 by $0.23. O’Reilly Automotive had a negative return on equity of 166.88% and a net margin of 14.28%. On average, analysts expect that O’Reilly Automotive, Inc. will post 44.16 earnings per share for the current year.

Insider Activity

In related news, SVP Jeffery Thomas Loafman sold 620 shares of the firm’s stock in a transaction on Monday, November 25th. The stock was 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 of the company’s stock, valued at $6,201.95. This trade represents a 99.20 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Andrea Weiss sold 600 shares of the stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total value of $734,442.00. Following the completion of the sale, the director now directly owns 700 shares of the company’s stock, valued at approximately $856,849. The trade was a 46.15 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.55% of the company’s stock.

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.