O'Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Sold by Ontario Teachers Pension Plan Board

Ontario Teachers Pension Plan Board lessened its stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 50.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,263 shares of the specialty retailer's stock after selling 1,264 shares during the period. Ontario Teachers Pension Plan Board's holdings in O'Reilly Automotive were worth $1,454,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Segall Bryant & Hamill LLC increased its position in shares of O'Reilly Automotive by 51.1% in the 3rd quarter. Segall Bryant & Hamill LLC now owns 21,713 shares of the specialty retailer's stock valued at $25,005,000 after buying an additional 7,340 shares in the last quarter. Prospera Private Wealth LLC bought a new position in shares of O'Reilly Automotive in the 3rd quarter valued at about $3,115,000. West Family Investments Inc. boosted its position in O'Reilly Automotive by 8.2% during the third quarter. West Family Investments Inc. now owns 591 shares of the specialty retailer's stock worth $681,000 after purchasing an additional 45 shares during the period. PNC Financial Services Group Inc. increased its stake in shares of O'Reilly Automotive by 1.0% during the third quarter. PNC Financial Services Group Inc. now owns 35,619 shares of the specialty retailer's stock worth $41,019,000 after purchasing an additional 346 shares during the period. Finally, B. Metzler seel. Sohn & Co. Holding AG bought a new position in shares of O'Reilly Automotive during the third quarter worth approximately $3,306,000. Institutional investors and hedge funds own 85.00% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have commented on the company. Royal Bank of Canada increased their target price on O'Reilly Automotive from $1,115.00 to $1,286.00 and gave the company an "outperform" rating in a research report on Friday, October 25th. Bank of America increased their target price on O'Reilly Automotive from $1,204.00 to $1,290.00 and gave the stock a "buy" rating in a report on Thursday, August 22nd. DA Davidson reissued a "buy" rating and set a $1,275.00 target price on shares of O'Reilly Automotive in a research report on Thursday, October 24th. Roth Mkm reissued a "buy" rating and issued a $1,337.00 target price on shares of O'Reilly Automotive in a research report on Wednesday, October 16th. Finally, Roth Capital raised O'Reilly Automotive to a "strong-buy" rating in a report on Tuesday, October 15th. Four equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $1,242.13.

O'Reilly Automotive Stock Up 1.1 %

Shares of ORLY traded up $12.78 during trading on Thursday, reaching $1,201.65. 80,151 shares of the company traded hands, compared to its average volume of 374,028. The stock has a market cap of $69.37 billion, a PE ratio of 29.41, a price-to-earnings-growth ratio of 2.44 and a beta of 0.92. The stock has a 50-day simple moving average of $1,175.63 and a 200-day simple moving average of $1,098.92. O'Reilly Automotive, Inc. has a twelve month low of $914.50 and a twelve month high of $1,255.30.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its quarterly earnings data on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $11.53 by ($0.12). O'Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The firm had revenue of $4.36 billion for the quarter, compared to analysts' expectations of $4.42 billion. During the same period last year, the firm posted $10.72 earnings per share. O'Reilly Automotive's revenue for the quarter was up 3.8% on a year-over-year basis. On average, equities research analysts predict that O'Reilly Automotive, Inc. will post 40.85 EPS for the current year.

Insider Buying and Selling at O'Reilly Automotive

In related news, SVP Christopher Andrew Mancini sold 1,557 shares of O'Reilly Automotive stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of $1,125.00, for a total value of $1,751,625.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 1.55% of the stock is currently owned by company 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.