Arvest Bank Trust Division Buys Shares of 540 O’Reilly Automotive Inc (ORLY)

Arvest Bank Trust Division bought a new position in shares of O’Reilly Automotive Inc (NASDAQ:ORLY) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 540 shares of the specialty retailer’s stock, valued at approximately $210,000.

A number of other institutional investors have also bought and sold shares of ORLY. Wendell David Associates Inc. bought a new position in O’Reilly Automotive during the first quarter worth about $311,000. Chartwell Investment Partners LLC lifted its stake in O’Reilly Automotive by 2.1% during the first quarter. Chartwell Investment Partners LLC now owns 13,364 shares of the specialty retailer’s stock worth $5,189,000 after purchasing an additional 269 shares during the period. Pacer Advisors Inc. lifted its stake in O’Reilly Automotive by 42,811.5% during the first quarter. Pacer Advisors Inc. now owns 11,157 shares of the specialty retailer’s stock worth $4,332,000 after purchasing an additional 11,131 shares during the period. Chemung Canal Trust Co. lifted its stake in O’Reilly Automotive by 2.8% during the first quarter. Chemung Canal Trust Co. now owns 8,950 shares of the specialty retailer’s stock worth $3,475,000 after purchasing an additional 248 shares during the period. Finally, Acropolis Investment Management LLC lifted its stake in O’Reilly Automotive by 6.0% during the first quarter. Acropolis Investment Management LLC now owns 1,955 shares of the specialty retailer’s stock worth $759,000 after purchasing an additional 111 shares during the period. 87.32% of the stock is currently owned by hedge funds and other institutional investors.

In other news, COO Jeff M. Shaw sold 2,758 shares of the business’s stock in a transaction on Tuesday, April 2nd. The shares were sold at an average price of $395.00, for a total value of $1,089,410.00. Following the completion of the transaction, the chief operating officer now owns 26,992 shares of the company’s stock, valued at approximately $10,661,840. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Rosalie Oreilly Wooten sold 10,000 shares of the business’s stock in a transaction on Friday, February 15th. The shares were sold at an average price of $387.35, for a total transaction of $3,873,500.00. Following the completion of the transaction, the director now directly owns 28,290 shares of the company’s stock, valued at approximately $10,958,131.50. The disclosure for this sale can be found here. Insiders have sold a total of 119,273 shares of company stock valued at $44,907,567 in the last ninety days. Company insiders own 2.52% of the company’s stock.

A number of research analysts have commented on the stock. Citigroup raised their price target on shares of O’Reilly Automotive from $422.00 to $454.00 and gave the stock a “buy” rating in a research note on Monday, April 1st. Zacks Investment Research upgraded shares of O’Reilly Automotive from a “sell” rating to a “hold” rating in a research note on Friday, April 26th. Raymond James lifted their target price on shares of O’Reilly Automotive from $408.00 to $435.00 and gave the company a “strong-buy” rating in a research note on Thursday, April 25th. BidaskClub upgraded shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a research note on Thursday, February 14th. Finally, Oppenheimer cut shares of O’Reilly Automotive from an “outperform” rating to a “market perform” rating in a research note on Friday, February 8th. Ten research analysts have rated the stock with a hold rating, eight have given a buy rating and two have given a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $379.13.

ORLY stock traded down $5.24 during trading on Friday, hitting $375.79. The company had a trading volume of 672,067 shares, compared to its average volume of 691,681. The company has a debt-to-equity ratio of 9.29, a current ratio of 0.84 and a quick ratio of 0.10. O’Reilly Automotive Inc has a 12 month low of $256.19 and a 12 month high of $414.63. The stock has a market capitalization of $29.46 billion, a PE ratio of 23.34, a price-to-earnings-growth ratio of 1.39 and a beta of 0.81.

O’Reilly Automotive (NASDAQ:ORLY) last released its earnings results on Wednesday, April 24th. The specialty retailer reported $4.05 EPS for the quarter, hitting analysts’ consensus estimates of $4.05. O’Reilly Automotive had a net margin of 13.87% and a return on equity of 333.23%. The firm had revenue of $2.41 billion during the quarter, compared to analyst estimates of $2.44 billion. During the same quarter in the previous year, the business earned $3.61 EPS. The business’s quarterly revenue was up 5.6% compared to the same quarter last year. As a group, equities analysts expect that O’Reilly Automotive Inc will post 17.77 earnings per share for the current fiscal year.

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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.

Further Reading: Asset Allocation, Balancing Your Investments

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

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