Congress Asset Management Co. Lowers Holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Congress Asset Management Co. cut its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 19.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 107,706 shares of the specialty retailer's stock after selling 26,179 shares during the period. Congress Asset Management Co. owned 0.19% of O'Reilly Automotive worth $127,718,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in ORLY. International Assets Investment Management LLC lifted its holdings in O'Reilly Automotive by 99,957.0% during the third quarter. International Assets Investment Management LLC now owns 854,487 shares of the specialty retailer's stock valued at $984,027,000 after purchasing an additional 853,633 shares in the last quarter. Wellington Management Group LLP lifted its holdings in O'Reilly Automotive by 73.0% during the third quarter. Wellington Management Group LLP now owns 1,725,316 shares of the specialty retailer's stock valued at $1,986,874,000 after purchasing an additional 728,040 shares in the last quarter. Mizuho Securities USA LLC lifted its holdings in O'Reilly Automotive by 10,626.8% during the third quarter. Mizuho Securities USA LLC now owns 487,212 shares of the specialty retailer's stock valued at $5,393,000 after purchasing an additional 482,670 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in O'Reilly Automotive by 28.4% during the third quarter. Massachusetts Financial Services Co. MA now owns 601,612 shares of the specialty retailer's stock valued at $692,816,000 after purchasing an additional 133,139 shares in the last quarter. Finally, Assenagon Asset Management S.A. lifted its holdings in O'Reilly Automotive by 117.9% during the third quarter. Assenagon Asset Management S.A. now owns 77,037 shares of the specialty retailer's stock valued at $88,716,000 after purchasing an additional 41,685 shares in the last quarter. 85.00% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at O'Reilly Automotive

In other O'Reilly Automotive news, SVP Jeffery Thomas Loafman sold 620 shares of O'Reilly Automotive stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the completion of the sale, the senior vice president now directly 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Andrea Weiss sold 600 shares of O'Reilly Automotive stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total transaction of $734,442.00. Following the sale, the director now owns 700 shares of the company's stock, valued at approximately $856,849. This represents a 46.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 1,968 shares of company stock worth $2,492,394 over the last three months. Insiders own 1.18% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. Wedbush increased their price objective on shares of O'Reilly Automotive from $1,200.00 to $1,350.00 and gave the company a "neutral" rating in a report on Thursday, February 6th. BMO Capital Markets increased their price objective on shares of O'Reilly Automotive from $1,400.00 to $1,450.00 and gave the company an "outperform" rating in a report on Monday, February 10th. UBS Group increased their price objective on shares of O'Reilly Automotive from $1,400.00 to $1,535.00 and gave the company a "buy" rating in a report on Friday, February 7th. TD Cowen increased their price objective on shares of O'Reilly Automotive from $1,300.00 to $1,375.00 and gave the company a "buy" rating in a report on Friday, October 25th. Finally, Royal Bank of Canada raised their price target on shares of O'Reilly Automotive from $1,416.00 to $1,453.00 and gave the stock an "outperform" rating in a research note on Friday, February 7th. Two analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, O'Reilly Automotive presently has an average rating of "Buy" and an average target price of $1,390.81.

O'Reilly Automotive Trading Down 0.0 %

O'Reilly Automotive stock traded down $0.02 during midday trading on Wednesday, hitting $1,295.80. 233,015 shares of the stock were exchanged, compared to its average volume of 332,795. O'Reilly Automotive, Inc. has a fifty-two week low of $947.49 and a fifty-two week high of $1,350.27. The stock has a market capitalization of $74.81 billion, a price-to-earnings ratio of 31.87, a PEG ratio of 2.35 and a beta of 0.94. The stock's 50-day simple moving average is $1,251.64 and its 200 day simple moving average is $1,198.92.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its quarterly earnings data 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 net margin of 14.28% and a negative return on equity of 166.88%. Equities analysts anticipate that O'Reilly Automotive, Inc. will post 44.01 EPS for the current fiscal year.

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.