First Allied Advisory Services Inc. Has $407,000 Holdings in O’Reilly Automotive Inc (NASDAQ:ORLY)

First Allied Advisory Services Inc. increased its stake in O’Reilly Automotive Inc (NASDAQ:ORLY) by 5.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,185 shares of the specialty retailer’s stock after purchasing an additional 62 shares during the quarter. First Allied Advisory Services Inc.’s holdings in O’Reilly Automotive were worth $407,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of ORLY. Vanguard Group Inc. lifted its holdings in shares of O’Reilly Automotive by 0.5% during the 3rd quarter. Vanguard Group Inc. now owns 5,891,448 shares of the specialty retailer’s stock valued at $2,046,218,000 after buying an additional 30,192 shares during the last quarter. Vanguard Group Inc lifted its holdings in shares of O’Reilly Automotive by 0.5% during the 3rd quarter. Vanguard Group Inc now owns 5,891,448 shares of the specialty retailer’s stock valued at $2,046,218,000 after buying an additional 30,192 shares during the last quarter. Polen Capital Management LLC lifted its holdings in shares of O’Reilly Automotive by 2.0% during the 4th quarter. Polen Capital Management LLC now owns 2,881,956 shares of the specialty retailer’s stock valued at $992,344,000 after buying an additional 57,538 shares during the last quarter. Geode Capital Management LLC lifted its holdings in O’Reilly Automotive by 9.9% in the 4th quarter. Geode Capital Management LLC now owns 1,121,559 shares of the specialty retailer’s stock worth $385,559,000 after purchasing an additional 100,713 shares during the last quarter. Finally, Northern Trust Corp lifted its holdings in O’Reilly Automotive by 3.3% in the 4th quarter. Northern Trust Corp now owns 1,078,886 shares of the specialty retailer’s stock worth $371,494,000 after purchasing an additional 34,966 shares during the last quarter. 86.86% of the stock is currently owned by hedge funds and other institutional investors.

In other O’Reilly Automotive news, Chairman Gregory L. Henslee sold 50,000 shares of the stock in a transaction dated Tuesday, February 12th. The stock was sold at an average price of $374.37, for a total value of $18,718,500.00. Following the completion of the sale, the chairman now directly owns 65,922 shares in the company, valued at $24,679,219.14. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Jeff M. Shaw sold 3,615 shares of the stock in a transaction dated Tuesday, February 12th. The stock was sold at an average price of $375.35, for a total value of $1,356,890.25. Following the completion of the sale, the chief operating officer now owns 27,832 shares of the company’s stock, valued at $10,446,741.20. The disclosure for this sale can be found here. Insiders have sold 119,273 shares of company stock worth $44,907,567 in the last 90 days. Company insiders own 2.52% of the company’s stock.

Several equities research analysts recently weighed in on ORLY shares. Wells Fargo & Co boosted their target price on O’Reilly Automotive from $415.00 to $445.00 and gave the stock an “outperform” rating in a report on Thursday, April 18th. Atlantic Securities lowered O’Reilly Automotive from an “overweight” rating to a “neutral” rating and upped their price target for the stock from $370.00 to $400.00 in a report on Friday, March 1st. BidaskClub lowered O’Reilly Automotive from a “strong-buy” rating to a “buy” rating in a report on Wednesday, January 9th. Zacks Investment Research upgraded O’Reilly Automotive from a “sell” rating to a “hold” rating in a report on Friday. Finally, Morgan Stanley upped their price target on O’Reilly Automotive from $385.00 to $400.00 and gave the stock an “equal weight” rating in a report on Monday, April 15th. Ten equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $379.13.

Shares of NASDAQ:ORLY opened at $379.96 on Friday. 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 firm has a market capitalization of $29.78 billion, a price-to-earnings ratio of 23.60, a P/E/G ratio of 1.45 and a beta of 0.85. O’Reilly Automotive Inc has a fifty-two week low of $254.09 and a fifty-two week high of $414.63.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Wednesday, April 24th. The specialty retailer reported $4.05 EPS for the quarter, hitting the consensus estimate of $4.05. The company had revenue of $2.41 billion for the quarter, compared to analysts’ expectations of $2.44 billion. O’Reilly Automotive had a return on equity of 318.99% and a net margin of 13.89%. The business’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.61 earnings per share. As a group, research analysts predict that O’Reilly Automotive Inc will post 17.78 EPS for the current fiscal year.

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O’Reilly Automotive Company 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.

Further Reading: What are Institutional Investors?

Institutional Ownership by Quarter for O`Reilly Automotive (NASDAQ:ORLY)

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