Wealthfront Advisers LLC boosted its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 228.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 26,290 shares of the specialty retailer's stock after purchasing an additional 18,279 shares during the quarter. Wealthfront Advisers LLC's holdings in O'Reilly Automotive were worth $31,175,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently modified their holdings of ORLY. Wellington Management Group LLP boosted its stake in shares of O'Reilly Automotive by 73.0% in the third 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 during the last quarter. Geode Capital Management LLC increased its stake in O'Reilly Automotive by 1.7% during the third quarter. Geode Capital Management LLC now owns 1,479,166 shares of the specialty retailer's stock worth $1,700,513,000 after acquiring an additional 24,135 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its position in shares of O'Reilly Automotive by 28.4% during the third quarter. Massachusetts Financial Services Co. MA now owns 601,612 shares of the specialty retailer's stock worth $692,816,000 after buying an additional 133,139 shares during the period. Proficio Capital Partners LLC boosted its holdings in O'Reilly Automotive by 205,600.0% in the fourth quarter. Proficio Capital Partners LLC now owns 503,965 shares of the specialty retailer's stock valued at $597,602,000 after purchasing an additional 503,720 shares during the period. Finally, Mizuho Securities USA LLC lifted its holdings in O'Reilly Automotive by 10,626.8% during the 3rd quarter. Mizuho Securities USA LLC now owns 487,212 shares of the specialty retailer's stock worth $5,393,000 after buying an additional 482,670 shares during the last quarter. Hedge funds and other institutional investors own 85.00% of the company's stock.
O'Reilly Automotive Trading Down 1.7 %
Shares of ORLY opened at $1,324.06 on Wednesday. The firm has a market capitalization of $75.83 billion, a P/E ratio of 32.56, a P/E/G ratio of 2.34 and a beta of 0.91. The firm has a fifty day moving average price of $1,284.05 and a 200-day moving average price of $1,221.60. O'Reilly Automotive, Inc. has a 12-month low of $947.49 and a 12-month high of $1,389.05.
O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $9.96 EPS for the quarter, topping 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%. Analysts predict that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.
Analyst Ratings Changes
ORLY has been the subject of a number of analyst reports. StockNews.com raised O'Reilly Automotive from a "hold" rating to a "buy" rating in a research note on Thursday, March 6th. Evercore ISI raised their price objective on O'Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an "outperform" rating in a research report on Tuesday, December 3rd. DA Davidson boosted their price target on O'Reilly Automotive from $1,450.00 to $1,525.00 and gave the stock a "buy" rating in a research note on Friday, February 7th. Wells Fargo & Company upped their target price on O'Reilly Automotive from $1,325.00 to $1,425.00 and gave the company an "overweight" rating in a report on Tuesday, January 28th. Finally, Mizuho increased their price target on O'Reilly Automotive from $1,305.00 to $1,400.00 and gave the company an "outperform" rating in a research note on Friday, February 7th. Two equities research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, O'Reilly Automotive presently has a consensus rating of "Buy" and an average price target of $1,390.81.
Read Our Latest Analysis on ORLY
Insider Buying and Selling
In other O'Reilly Automotive news, Chairman Gregory L. Henslee sold 3,073 shares of the company's stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $1,315.15, for a total transaction of $4,041,455.95. Following the completion of the sale, the chairman now directly owns 11,397 shares in the company, valued at $14,988,764.55. This represents a 21.24 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Brad W. Beckham sold 833 shares of O'Reilly Automotive stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $1,300.00, for a total value of $1,082,900.00. Following the completion of the transaction, the chief executive officer now owns 760 shares of the company's stock, valued at approximately $988,000. The trade was a 52.29 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 7,894 shares of company stock worth $10,409,618 over the last 90 days. 1.18% of the stock is owned by insiders.
O'Reilly Automotive Profile
(
Free Report)
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.
See Also
Want to see what other hedge funds are holding ORLY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider O'Reilly Automotive, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and O'Reilly Automotive wasn't on the list.
While O'Reilly Automotive currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio?
Get This Free Report
