Forsta AP Fonden Has $13.99 Million Stock Position in O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Forsta AP Fonden trimmed its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,800 shares of the specialty retailer's stock after selling 200 shares during the quarter. Forsta AP Fonden's holdings in O'Reilly Automotive were worth $13,992,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. International Assets Investment Management LLC lifted its position in shares of 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 worth $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 3rd quarter. Wellington Management Group LLP now owns 1,725,316 shares of the specialty retailer's stock worth $1,986,874,000 after buying an additional 728,040 shares in the last quarter. Mizuho Securities USA LLC boosted its position in O'Reilly Automotive by 10,626.8% in the 3rd quarter. Mizuho Securities USA LLC now owns 487,212 shares of the specialty retailer's stock valued at $5,393,000 after buying an additional 482,670 shares during the period. Massachusetts Financial Services Co. MA grew its stake in shares of O'Reilly Automotive by 28.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 601,612 shares of the specialty retailer's stock worth $692,816,000 after acquiring an additional 133,139 shares in the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in shares of O'Reilly Automotive during the second quarter worth $63,793,000. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently commented on ORLY. Wedbush reissued a "neutral" rating and issued a $1,200.00 target price on shares of O'Reilly Automotive in a report on Thursday, October 24th. TD Cowen increased their price objective on 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. Guggenheim boosted their target price on O'Reilly Automotive from $1,275.00 to $1,400.00 and gave the stock a "buy" rating in a research note on Friday, January 24th. Wells Fargo & Company upped their price target on O'Reilly Automotive from $1,325.00 to $1,425.00 and gave the company an "overweight" rating in a report on Tuesday. Finally, StockNews.com raised shares of O'Reilly Automotive from a "hold" rating to a "buy" rating in a report on Wednesday, January 22nd. Two research analysts have rated the stock with a hold rating, sixteen have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Buy" and an average target price of $1,301.82.

Insiders Place Their Bets

In related news, Director Andrea Weiss sold 600 shares of O'Reilly Automotive stock in a transaction dated 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 of the company's stock, valued at approximately $856,849. This trade represents a 46.15 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Jeffery Thomas Loafman sold 620 shares of the business's stock in a transaction on 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 sale, the senior vice president now directly 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 disclosure for this sale can be found here. 1.55% of the stock is owned by insiders.

O'Reilly Automotive Trading Up 1.7 %

ORLY traded up $22.17 on Thursday, hitting $1,310.25. 89,655 shares of the company's stock were exchanged, compared to its average volume of 310,157. The stock has a fifty day moving average of $1,230.04 and a two-hundred day moving average of $1,174.72. O'Reilly Automotive, Inc. has a twelve month low of $947.49 and a twelve month high of $1,309.22. The firm has a market cap of $75.64 billion, a PE ratio of 32.42, a P/E/G ratio of 2.30 and a beta of 0.94.

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.