Louisiana State Employees Retirement System Has $8.66 Million Position in O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Louisiana State Employees Retirement System trimmed its position in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 5.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 7,300 shares of the specialty retailer's stock after selling 400 shares during the period. Louisiana State Employees Retirement System's holdings in O'Reilly Automotive were worth $8,656,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. AlphaMark Advisors LLC bought a new position in shares of O'Reilly Automotive in the 4th quarter worth $30,000. Darwin Wealth Management LLC bought a new position in shares of O'Reilly Automotive in the 3rd quarter worth $32,000. Trifecta Capital Advisors LLC boosted its position in shares of O'Reilly Automotive by 383.3% in the 3rd quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer's stock worth $33,000 after purchasing an additional 23 shares during the last quarter. MidAtlantic Capital Management Inc. bought a new position in shares of O'Reilly Automotive in the 3rd quarter worth $37,000. Finally, Princeton Global Asset Management LLC bought a new position in shares of O'Reilly Automotive in the 3rd quarter worth $41,000. 85.00% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on ORLY. BNP Paribas upgraded O'Reilly Automotive to a "strong-buy" rating in a research report on Friday, October 25th. Morgan Stanley raised O'Reilly Automotive from an "equal weight" rating to an "overweight" rating and raised their price objective for the stock from $1,150.00 to $1,450.00 in a research note on Tuesday, January 21st. Royal Bank of Canada raised their price objective on 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. Guggenheim raised their price objective on O'Reilly Automotive from $1,400.00 to $1,475.00 and gave the stock a "buy" rating in a research note on Friday, February 7th. Finally, BMO Capital Markets raised their price objective 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. 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 stock. According to data from MarketBeat, the stock has an average rating of "Buy" and an average target price of $1,390.81.

O'Reilly Automotive Stock Performance

ORLY traded down $16.88 on Friday, hitting $1,318.80. 344,553 shares of the company were exchanged, compared to its average volume of 330,373. O'Reilly Automotive, Inc. has a 12 month low of $947.49 and a 12 month high of $1,350.27. The company has a market cap of $76.13 billion, a PE ratio of 32.43, a PEG ratio of 2.50 and a beta of 0.94. The stock's fifty day moving average is $1,249.77 and its 200-day moving average is $1,195.62.

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, beating 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, equities research analysts expect that O'Reilly Automotive, Inc. will post 44.16 EPS for the current fiscal year.

Insider Buying and Selling at O'Reilly Automotive

In other news, SVP Jeffery Thomas Loafman sold 620 shares of the stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the transaction, the senior vice president now owns 5 shares in the company, valued at approximately $6,201.95. This trade represents a 99.20 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Andrea Weiss sold 600 shares of the stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $1,224.07, for a total value of $734,442.00. Following the transaction, the director now owns 700 shares in the company, valued at approximately $856,849. This trade represents a 46.15 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 1,968 shares of company stock worth $2,492,394 over the last 90 days. Company insiders own 1.55% of the company's stock.

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.