Citizens Financial Group Inc. RI Purchases 366 Shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Citizens Financial Group Inc. RI increased its stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 51.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,075 shares of the specialty retailer's stock after acquiring an additional 366 shares during the period. Citizens Financial Group Inc. RI's holdings in O'Reilly Automotive were worth $1,275,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of ORLY. Mesirow Financial Investment Management Inc. increased its holdings in O'Reilly Automotive by 7.7% during the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 322 shares of the specialty retailer's stock valued at $371,000 after purchasing an additional 23 shares during the period. Sigma Planning Corp increased its stake in shares of O'Reilly Automotive by 14.5% during the third quarter. Sigma Planning Corp now owns 1,090 shares of the specialty retailer's stock valued at $1,255,000 after buying an additional 138 shares during the period. Venturi Wealth Management LLC raised its holdings in shares of O'Reilly Automotive by 8.5% during the third quarter. Venturi Wealth Management LLC now owns 115 shares of the specialty retailer's stock valued at $132,000 after acquiring an additional 9 shares in the last quarter. Nations Financial Group Inc. IA ADV purchased a new stake in O'Reilly Automotive in the third quarter worth $228,000. Finally, OVERSEA CHINESE BANKING Corp Ltd boosted its holdings in O'Reilly Automotive by 5.7% in the third quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 801 shares of the specialty retailer's stock valued at $922,000 after acquiring an additional 43 shares in the last quarter. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

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O'Reilly Automotive Stock Up 2.9 %

Shares of NASDAQ ORLY traded up $37.92 during trading on Friday, reaching $1,327.41. 318,274 shares of the company traded hands, compared to its average volume of 349,130. The firm has a 50 day simple moving average of $1,291.02 and a 200-day simple moving average of $1,224.80. O'Reilly Automotive, Inc. has a 52-week low of $947.49 and a 52-week high of $1,389.05. The stock has a market capitalization of $76.02 billion, a PE ratio of 32.65, a P/E/G ratio of 2.34 and a beta of 0.91.

O'Reilly Automotive's stock is set to split before the market opens on Tuesday, June 10th. The 15-1 split was announced on Thursday, March 13th. The newly created shares will be payable to shareholders after the market closes on Monday, June 9th.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 EPS for the quarter, topping analysts' consensus estimates of $9.73 by $0.23. O'Reilly Automotive had a net margin of 14.28% and a negative return on equity of 166.88%. As a group, research analysts predict that O'Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Analyst Ratings Changes

A number of research firms recently issued reports on ORLY. Evercore ISI increased their price target on shares of O'Reilly Automotive from $1,315.00 to $1,325.00 and gave the stock an "outperform" rating in a research note on Tuesday, December 3rd. Guggenheim restated a "buy" rating and issued a $1,475.00 target price on shares of O'Reilly Automotive in a research note on Monday, March 10th. BMO Capital Markets upped their price target on O'Reilly Automotive from $1,400.00 to $1,450.00 and gave the stock an "outperform" rating in a research note on Monday, February 10th. Royal Bank of Canada boosted their target price on shares of O'Reilly Automotive from $1,416.00 to $1,453.00 and gave the company an "outperform" rating in a report on Friday, February 7th. Finally, Barclays increased their price target on shares of O'Reilly Automotive from $1,110.00 to $1,250.00 and gave the stock an "equal weight" rating in a research note on Friday, February 7th. Two research 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. According to data from MarketBeat, the company currently has an average rating of "Buy" and a consensus target price of $1,390.81.

Insider Activity at O'Reilly Automotive

In related news, EVP Jason Lee Tarrant sold 1,992 shares of the business's stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $1,339.10, for a total transaction of $2,667,487.20. Following the completion of the sale, the executive vice president now directly owns 1,398 shares in the company, valued at approximately $1,872,061.80. The trade was a 58.76 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Chairman Gregory L. Henslee sold 3,073 shares of the company's stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $1,315.15, for a total transaction of $4,041,455.95. Following the sale, the chairman now directly owns 11,397 shares of the company's stock, valued at approximately $14,988,764.55. This represents a 21.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 7,894 shares of company stock worth $10,409,618. 1.18% of the stock is owned by insiders.

About O'Reilly Automotive

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.