Boston Financial Mangement LLC Increases Stock Position in O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Boston Financial Mangement LLC grew its stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 0.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 25,058 shares of the specialty retailer's stock after buying an additional 212 shares during the period. Boston Financial Mangement LLC's holdings in O'Reilly Automotive were worth $29,714,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in ORLY. AlphaMark Advisors LLC acquired a new stake in O'Reilly Automotive during the 4th quarter valued at approximately $30,000. Darwin Wealth Management LLC acquired a new stake in shares of O'Reilly Automotive during the third quarter worth $32,000. Kestra Investment Management LLC acquired a new stake in shares of O'Reilly Automotive during the fourth quarter worth $32,000. MidAtlantic Capital Management Inc. bought a new position in O'Reilly Automotive during the third quarter worth $37,000. Finally, Princeton Global Asset Management LLC acquired a new position in O'Reilly Automotive in the third quarter valued at $41,000. 85.00% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Wells Fargo & Company increased their price target on O'Reilly Automotive from $1,325.00 to $1,425.00 and gave the stock an "overweight" rating in a report on Tuesday, January 28th. DA Davidson raised their target price on O'Reilly Automotive from $1,450.00 to $1,525.00 and gave the stock a "buy" rating in a research note on Friday, February 7th. Mizuho boosted 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 note on Friday, February 7th. Guggenheim raised their price objective 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. Finally, StockNews.com upgraded shares of O'Reilly Automotive from a "hold" rating to a "buy" rating in a research note on Wednesday, January 22nd. Two analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Buy" and an average target price of $1,390.81.

O'Reilly Automotive Stock Performance

ORLY traded down $9.03 during midday trading on Friday, reaching $1,303.41. 275,102 shares of the company were exchanged, compared to its average volume of 330,450. The company has a market cap of $75.25 billion, a price-to-earnings ratio of 32.06, a price-to-earnings-growth ratio of 2.31 and a beta of 0.94. O'Reilly Automotive, Inc. has a one year low of $947.49 and a one year high of $1,350.27. The company's fifty day moving average price is $1,253.03 and its 200 day moving average price is $1,200.38.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share (EPS) for the quarter, topping the consensus estimate 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, sell-side analysts anticipate that O'Reilly Automotive, Inc. will post 44.01 earnings per share for the current fiscal year.

Insider Transactions at O'Reilly Automotive

In other news, CEO Brad W. Beckham sold 833 shares of the company's stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $1,300.00, for a total value of $1,082,900.00. Following the completion of the transaction, the chief executive officer now directly owns 760 shares of the company's stock, valued at $988,000. This represents a 52.29 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Jeffery Thomas Loafman sold 620 shares of O'Reilly Automotive stock in a transaction 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 sale, the senior vice president now owns 5 shares in the company, valued at $6,201.95. This trade represents a 99.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 2,201 shares of company stock worth $2,840,852 in the last quarter. 1.55% of the stock is currently owned by corporate insiders.

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.