Argent Capital Management LLC Sells 1,006 Shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Argent Capital Management LLC reduced its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 2.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 41,731 shares of the specialty retailer's stock after selling 1,006 shares during the quarter. O'Reilly Automotive accounts for about 1.4% of Argent Capital Management LLC's holdings, making the stock its 27th biggest position. Argent Capital Management LLC owned approximately 0.07% of O'Reilly Automotive worth $49,485,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. J.W. Cole Advisors Inc. raised its position in O'Reilly Automotive by 6.0% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 548 shares of the specialty retailer's stock valued at $579,000 after buying an additional 31 shares during the last quarter. Brown Brothers Harriman & Co. raised its holdings in shares of O'Reilly Automotive by 79.8% in the second quarter. Brown Brothers Harriman & Co. now owns 570 shares of the specialty retailer's stock valued at $602,000 after purchasing an additional 253 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of O'Reilly Automotive by 10.0% during the second quarter. Dimensional Fund Advisors LP now owns 154,366 shares of the specialty retailer's stock valued at $163,022,000 after purchasing an additional 14,071 shares in the last quarter. Citizens Financial Group Inc. RI boosted its holdings in O'Reilly Automotive by 39.4% during the second quarter. Citizens Financial Group Inc. RI now owns 662 shares of the specialty retailer's stock worth $699,000 after purchasing an additional 187 shares during the last quarter. Finally, Moors & Cabot Inc. grew its position in O'Reilly Automotive by 21.6% in the 2nd quarter. Moors & Cabot Inc. now owns 925 shares of the specialty retailer's stock worth $977,000 after purchasing an additional 164 shares in the last quarter. 85.00% of the stock is owned by institutional investors.

O'Reilly Automotive Trading Up 0.1 %

Shares of ORLY traded up $0.68 during mid-day trading on Thursday, reaching $1,204.72. 199,043 shares of the stock traded hands, compared to its average volume of 304,770. O'Reilly Automotive, Inc. has a 1 year low of $947.49 and a 1 year high of $1,283.96. The company has a market cap of $69.55 billion, a price-to-earnings ratio of 29.81, a price-to-earnings-growth ratio of 2.23 and a beta of 0.94. The firm has a fifty day moving average price of $1,223.94 and a 200 day moving average price of $1,159.16.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share for the quarter, missing analysts' consensus estimates 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 business had revenue of $4.36 billion during the quarter, compared to the consensus estimate of $4.42 billion. During the same quarter in the prior year, the company earned $10.72 earnings per share. O'Reilly Automotive's revenue was up 3.8% compared to the same quarter last year. On average, sell-side analysts anticipate that O'Reilly Automotive, Inc. will post 40.85 EPS for the current year.

Insiders Place Their Bets

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 stock was 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 owns 5 shares of the company's stock, valued at $6,201.95. The trade was a 99.20 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Andrea Weiss sold 600 shares of the stock in a transaction dated Friday, November 22nd. The shares were 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 $856,849. This trade represents a 46.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.18% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on ORLY shares. DA Davidson restated a "buy" rating and issued a $1,275.00 target price on shares of O'Reilly Automotive in a research note on Thursday, October 24th. Wells Fargo & Company boosted their price objective on O'Reilly Automotive from $1,250.00 to $1,325.00 and gave the stock an "overweight" rating in a research report on Monday, October 14th. Royal Bank of Canada raised 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. TD Cowen boosted their price target on shares of O'Reilly Automotive from $1,300.00 to $1,375.00 and gave the stock a "buy" rating in a report on Friday, October 25th. Finally, Roth Capital upgraded shares of O'Reilly Automotive to a "strong-buy" rating in a report on Tuesday, October 15th. Four analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, O'Reilly Automotive has an average rating of "Moderate Buy" and an average price target of $1,270.69.

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.