O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Sold by Burney Co.

Burney Co. trimmed its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 4.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,727 shares of the specialty retailer’s stock after selling 182 shares during the quarter. Burney Co.’s holdings in O’Reilly Automotive were worth $4,420,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Darwin Wealth Management LLC acquired a new stake in shares of O’Reilly Automotive during the 3rd quarter worth about $32,000. Trifecta Capital Advisors LLC increased its position in shares of O’Reilly Automotive by 383.3% during the 3rd quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock worth $33,000 after purchasing an additional 23 shares during the last quarter. MidAtlantic Capital Management Inc. acquired a new stake in shares of O’Reilly Automotive during the 3rd quarter worth about $37,000. Princeton Global Asset Management LLC acquired a new stake in shares of O’Reilly Automotive during the 3rd quarter worth about $41,000. Finally, Kieckhefer Group LLC acquired a new stake in shares of O’Reilly Automotive during the 4th quarter worth about $59,000. 85.00% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. BMO Capital Markets started coverage on O’Reilly Automotive in a research report on Friday, December 13th. They set an “outperform” rating and a $1,400.00 price objective for the company. Wedbush reiterated a “neutral” rating and set a $1,200.00 price target on shares of O’Reilly Automotive in a research note on Thursday, October 24th. BNP Paribas upgraded shares of O’Reilly Automotive to a “strong-buy” rating in a research note on Friday, October 25th. Roth Mkm reiterated a “buy” rating and set a $1,337.00 price target on shares of O’Reilly Automotive in a research note on Wednesday, October 16th. Finally, StockNews.com lowered shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a research note on Tuesday. Four equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, O’Reilly Automotive currently has an average rating of “Moderate Buy” and a consensus price target of $1,270.69.

Insider Activity at O’Reilly Automotive

In other news, SVP Jeffery Thomas Loafman sold 620 shares of the stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total value of $769,041.80. Following the completion of the sale, the senior vice president now directly owns 5 shares of the company’s stock, valued at approximately $6,201.95. This represents a 99.20 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Andrea Weiss sold 600 shares of the stock in a transaction that occurred on 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 $856,849. The trade was 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 corporate insiders.

O’Reilly Automotive Stock Down 0.0 %

Shares of ORLY opened at $1,204.04 on Thursday. The stock has a 50 day moving average price of $1,224.54 and a 200 day moving average price of $1,158.85. The company has a market capitalization of $69.51 billion, a price-to-earnings ratio of 29.79, a price-to-earnings-growth ratio of 2.23 and a beta of 0.94. O’Reilly Automotive, Inc. has a 52-week low of $947.49 and a 52-week high of $1,283.96.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). The business had revenue of $4.36 billion during the quarter, compared to analyst estimates of $4.42 billion. O’Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. The business’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same period last year, the company earned $10.72 earnings per share. On average, equities analysts anticipate that O’Reilly Automotive, Inc. will post 40.85 EPS for the current fiscal year.

O’Reilly Automotive 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.