Tokio Marine Asset Management Co. Ltd. Has $24.26 Million Holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Tokio Marine Asset Management Co. Ltd. grew its position in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 17.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 21,065 shares of the specialty retailer's stock after acquiring an additional 3,203 shares during the quarter. O'Reilly Automotive makes up approximately 1.1% of Tokio Marine Asset Management Co. Ltd.'s holdings, making the stock its 18th largest position. Tokio Marine Asset Management Co. Ltd.'s holdings in O'Reilly Automotive were worth $24,258,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Metis Global Partners LLC grew its stake in O'Reilly Automotive by 0.5% during the 3rd quarter. Metis Global Partners LLC now owns 1,863 shares of the specialty retailer's stock worth $2,145,000 after buying an additional 9 shares during the last quarter. Curi RMB Capital LLC grew its stake in O'Reilly Automotive by 12.0% during the 3rd quarter. Curi RMB Capital LLC now owns 586 shares of the specialty retailer's stock worth $675,000 after buying an additional 63 shares during the last quarter. Huntington National Bank grew its stake in O'Reilly Automotive by 25.4% during the 3rd quarter. Huntington National Bank now owns 68,117 shares of the specialty retailer's stock worth $78,444,000 after buying an additional 13,783 shares during the last quarter. Fortis Capital Management LLC grew its stake in O'Reilly Automotive by 80.1% during the 3rd quarter. Fortis Capital Management LLC now owns 4,355 shares of the specialty retailer's stock worth $5,015,000 after buying an additional 1,937 shares during the last quarter. Finally, ICICI Prudential Asset Management Co Ltd boosted its position in O'Reilly Automotive by 17.2% during the 3rd quarter. ICICI Prudential Asset Management Co Ltd now owns 757 shares of the specialty retailer's stock worth $872,000 after acquiring an additional 111 shares during the period. 85.00% of the stock is currently owned by institutional investors.

O'Reilly Automotive Trading Down 1.2 %

Shares of O'Reilly Automotive stock traded down $14.38 on Thursday, reaching $1,224.40. 414,451 shares of the company were exchanged, compared to its average volume of 375,014. The stock has a fifty day moving average price of $1,167.21 and a 200-day moving average price of $1,092.14. The firm has a market capitalization of $70.68 billion, a price-to-earnings ratio of 31.05, a price-to-earnings-growth ratio of 2.51 and a beta of 0.92. O'Reilly Automotive, Inc. has a fifty-two week low of $914.50 and a fifty-two week high of $1,255.30.

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 (EPS) for the quarter, missing analysts' consensus estimates of $11.53 by ($0.12). The company had revenue of $4.36 billion for the quarter, compared to analyst estimates of $4.42 billion. O'Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The firm's revenue for the quarter was up 3.8% on a year-over-year basis. During the same period last year, the firm earned $10.72 earnings per share. On average, equities analysts anticipate that O'Reilly Automotive, Inc. will post 40.81 earnings per share for the current fiscal year.

Insider Transactions at O'Reilly Automotive

In other O'Reilly Automotive news, Chairman David E. Oreilly sold 1,000 shares of the company's stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $1,118.88, for a total value of $1,118,880.00. Following the transaction, the chairman now directly owns 183,583 shares of the company's stock, valued at $205,407,347.04. This represents a 0.54 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Lawrence P. Oreilly sold 13,765 shares of the company's stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $1,119.52, for a total value of $15,410,192.80. Following the completion of the transaction, the director now directly owns 141,589 shares in the company, valued at approximately $158,511,717.28. The trade was a 8.86 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 16,322 shares of company stock valued at $18,280,698 over the last three months. Company insiders own 1.55% of the company's stock.

Analyst Ratings Changes

A number of research analysts have issued reports on ORLY shares. BNP Paribas upgraded O'Reilly Automotive to a "strong-buy" rating in a research report on Friday, October 25th. Roth Mkm reiterated a "buy" rating and set a $1,337.00 price target on shares of O'Reilly Automotive in a research report on Wednesday, October 16th. TD Cowen boosted their price target on O'Reilly Automotive from $1,300.00 to $1,375.00 and gave the stock a "buy" rating in a research report on Friday, October 25th. Barclays boosted their price target on O'Reilly Automotive from $986.00 to $1,088.00 and gave the stock an "equal weight" rating in a research report on Friday, October 25th. Finally, Bank of America boosted their price target on O'Reilly Automotive from $1,204.00 to $1,290.00 and gave the stock a "buy" rating in a research report on Thursday, August 22nd. Four investment 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 stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $1,242.13.

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.