Global Retirement Partners LLC decreased its stake in shares of O’Reilly Automotive Inc (NASDAQ:ORLY) by 4.7% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 964 shares of the specialty retailer’s stock after selling 48 shares during the quarter. Global Retirement Partners LLC’s holdings in O’Reilly Automotive were worth $332,000 at the end of the most recent quarter.
Other large investors also recently bought and sold shares of the company. CI Investments Inc. increased its holdings in shares of O’Reilly Automotive by 0.7% in the 3rd quarter. CI Investments Inc. now owns 197,479 shares of the specialty retailer’s stock valued at $68,588,000 after purchasing an additional 1,309 shares during the period. DekaBank Deutsche Girozentrale increased its holdings in O’Reilly Automotive by 33.3% in the third quarter. DekaBank Deutsche Girozentrale now owns 13,301 shares of the specialty retailer’s stock worth $4,545,000 after buying an additional 3,322 shares during the last quarter. Pinnacle Associates Ltd. acquired a new position in O’Reilly Automotive in the third quarter worth approximately $222,000. Freestone Capital Holdings LLC acquired a new position in O’Reilly Automotive in the third quarter worth approximately $222,000. Finally, Carillon Tower Advisers Inc. increased its holdings in O’Reilly Automotive by 108.7% in the third quarter. Carillon Tower Advisers Inc. now owns 57,125 shares of the specialty retailer’s stock worth $19,841,000 after buying an additional 29,750 shares during the last quarter. 86.69% of the stock is currently owned by hedge funds and other institutional investors.
Shares of ORLY traded down $4.81 during mid-day trading on Friday, hitting $399.46. The company’s stock had a trading volume of 774,619 shares, compared to its average volume of 520,881. O’Reilly Automotive Inc has a one year low of $217.64 and a one year high of $414.63. The company has a current ratio of 0.91, a quick ratio of 0.09 and a debt-to-equity ratio of 9.66. The stock has a market capitalization of $31.31 billion, a price-to-earnings ratio of 24.81, a P/E/G ratio of 1.46 and a beta of 0.85.
A number of equities analysts recently commented on the company. BidaskClub downgraded O’Reilly Automotive from a “buy” rating to a “hold” rating in a report on Friday. Wells Fargo & Co increased their price objective on O’Reilly Automotive from $415.00 to $445.00 and gave the stock an “outperform” rating in a report on Thursday. Zacks Investment Research downgraded O’Reilly Automotive from a “buy” rating to a “hold” rating in a report on Friday, January 25th. Evercore ISI began coverage on O’Reilly Automotive in a research report on Wednesday, March 20th. They set an “in-line” rating and a $375.00 target price for the company. Finally, Atlantic Securities cut O’Reilly Automotive from an “overweight” rating to a “neutral” rating and upped their target price for the stock from $370.00 to $400.00 in a research report on Friday, March 1st. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $377.44.
In related news, SVP Larry Lee Ellis sold 800 shares of the company’s stock in a transaction on Thursday, February 14th. The stock was sold at an average price of $376.23, for a total value of $300,984.00. Following the completion of the transaction, the senior vice president now directly owns 1,156 shares in the company, valued at $434,921.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman Gregory L. Henslee sold 50,000 shares of the company’s stock in a transaction on Tuesday, February 12th. The shares were sold at an average price of $374.37, for a total value of $18,718,500.00. Following the completion of the transaction, the chairman now owns 65,922 shares of the company’s stock, valued at $24,679,219.14. The disclosure for this sale can be found here. Insiders sold 119,273 shares of company stock valued at $44,907,567 over the last three months. 2.52% of the stock is owned by company insiders.
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O’Reilly Automotive Profile
O'Reilly Automotive, Inc, together with its subsidiaries, engages in the retail of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States. The company provides new and remanufactured automotive hard parts, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, and temperature control and water pumps; maintenance items comprising antifreeze and lighting products, appearance products, engine additives, filters, fluids, and oil and wiper blades; and accessories, such as floor mats, seat covers, and truck accessories.
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