Daiwa Securities Group Inc. Has $15.50 Million Stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Daiwa Securities Group Inc. lifted its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 6.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 13,069 shares of the specialty retailer's stock after purchasing an additional 795 shares during the quarter. Daiwa Securities Group Inc.'s holdings in O'Reilly Automotive were worth $15,497,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Annex Advisory Services LLC increased its stake in shares of O'Reilly Automotive by 23.2% during the 4th quarter. Annex Advisory Services LLC now owns 34,027 shares of the specialty retailer's stock worth $40,349,000 after purchasing an additional 6,418 shares during the last quarter. CIBC Asset Management Inc increased its stake in shares of O'Reilly Automotive by 4.7% during the 3rd quarter. CIBC Asset Management Inc now owns 19,597 shares of the specialty retailer's stock worth $22,568,000 after purchasing an additional 882 shares during the last quarter. Montecito Bank & Trust acquired a new position in shares of O'Reilly Automotive during the 4th quarter worth $365,000. Y Intercept Hong Kong Ltd boosted its holdings in shares of O'Reilly Automotive by 824.6% during the 4th quarter. Y Intercept Hong Kong Ltd now owns 3,606 shares of the specialty retailer's stock worth $4,276,000 after buying an additional 3,216 shares during the period. Finally, Nomura Asset Management Co. Ltd. boosted its holdings in shares of O'Reilly Automotive by 6.9% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 27,907 shares of the specialty retailer's stock worth $32,138,000 after buying an additional 1,811 shares during the period. Institutional investors and hedge funds own 85.00% of the company's stock.

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Analyst Ratings Changes

Several analysts recently issued reports on ORLY shares. Wedbush upped their price objective on shares of O'Reilly Automotive from $1,200.00 to $1,350.00 and gave the stock a "neutral" rating in a report on Thursday, February 6th. Mizuho increased their price target on shares of O'Reilly Automotive from $1,305.00 to $1,400.00 and gave the company an "outperform" rating in a report on Friday, February 7th. Royal Bank of Canada increased their price target 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. StockNews.com raised shares of O'Reilly Automotive from a "hold" rating to a "buy" rating in a report on Thursday, March 6th. Finally, UBS Group increased their price target 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. 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. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average target price of $1,390.81.

Insider Buying and Selling at O'Reilly Automotive

In other news, Director Maria Sastre sold 248 shares of O'Reilly Automotive stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $1,316.17, for a total value of $326,410.16. Following the sale, the director now directly owns 971 shares in the company, valued at $1,278,001.07. This trade represents a 20.34 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Mark Joseph Merz sold 500 shares of O'Reilly Automotive stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $1,325.00, for a total transaction of $662,500.00. Following the completion of the sale, the senior vice president now owns 275 shares in the company, valued at $364,375. This trade represents a 64.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 7,894 shares of company stock valued at $10,409,618. 1.55% of the stock is currently owned by corporate insiders.

O'Reilly Automotive Stock Performance

ORLY traded down $22.52 during midday trading on Tuesday, hitting $1,324.06. The company had a trading volume of 403,380 shares, compared to its average volume of 350,947. The company has a market capitalization of $75.83 billion, a PE ratio of 32.56, a P/E/G ratio of 2.34 and a beta of 0.91. O'Reilly Automotive, Inc. has a twelve month low of $947.49 and a twelve month high of $1,389.05. The firm's 50-day simple moving average is $1,284.05 and its 200-day simple moving average is $1,221.60.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share (EPS) for the quarter, beating 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%. As a group, sell-side analysts anticipate that O'Reilly Automotive, Inc. will post 43.94 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.