Rhumbline Advisers Cuts Stock Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Rhumbline Advisers lowered its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1.9% during the 4th quarter, Holdings Channel reports. The firm owned 123,834 shares of the specialty retailer’s stock after selling 2,428 shares during the period. Rhumbline Advisers’ holdings in O’Reilly Automotive were worth $146,842,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of ORLY. Creative Planning boosted its position in O’Reilly Automotive by 4.4% in the third quarter. Creative Planning now owns 21,352 shares of the specialty retailer’s stock worth $24,589,000 after purchasing an additional 899 shares during the last quarter. Vontobel Holding Ltd. boosted its position in O’Reilly Automotive by 22.0% in the third quarter. Vontobel Holding Ltd. now owns 899 shares of the specialty retailer’s stock worth $1,035,000 after purchasing an additional 162 shares during the last quarter. Trust Co. of Vermont lifted its position in shares of O’Reilly Automotive by 7.7% during the 3rd quarter. Trust Co. of Vermont now owns 168 shares of the specialty retailer’s stock valued at $193,000 after buying an additional 12 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in shares of O’Reilly Automotive by 0.4% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 7,284 shares of the specialty retailer’s stock valued at $8,388,000 after buying an additional 27 shares during the last quarter. Finally, Aaron Wealth Advisors LLC lifted its position in shares of O’Reilly Automotive by 52.3% during the 3rd quarter. Aaron Wealth Advisors LLC now owns 367 shares of the specialty retailer’s stock valued at $423,000 after buying an additional 126 shares during the last quarter. Hedge funds and other institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Stock Down 1.3 %

Shares of NASDAQ ORLY opened at $1,318.80 on Friday. The firm has a market capitalization of $76.13 billion, a P/E ratio of 32.43, a P/E/G ratio of 2.50 and a beta of 0.94. The stock’s 50-day simple moving average is $1,249.77 and its two-hundred day simple moving average is $1,195.62. O’Reilly Automotive, Inc. has a twelve month low of $947.49 and a twelve month high of $1,350.27.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share for the quarter, topping 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%. As a group, research analysts anticipate that O’Reilly Automotive, Inc. will post 44.16 EPS for the current fiscal year.

Insider Activity at O’Reilly Automotive

In related news, Director Andrea Weiss sold 600 shares of the firm’s 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 transaction, the director now directly owns 700 shares of the company’s stock, valued at approximately $856,849. This trade represents a 46.15 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, 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 value of $769,041.80. Following the transaction, the senior vice president now directly owns 5 shares in the company, valued at approximately $6,201.95. This represents a 99.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 1,968 shares of company stock valued at $2,492,394. Corporate insiders own 1.55% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Wedbush upped their price target on O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the company a “neutral” rating in a research report on Thursday, February 6th. Mizuho upped their price target on O’Reilly Automotive from $1,305.00 to $1,400.00 and gave the company an “outperform” rating in a research report on Friday, February 7th. Royal Bank of Canada upped their price target on O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the company an “outperform” rating in a research report on Friday, February 7th. Barclays upped their price target on 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. Finally, UBS Group boosted their price objective on O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Two analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $1,390.81.

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.