O’Reilly Automotive Inc (ORLY) Position Trimmed by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lowered its position in shares of O’Reilly Automotive Inc (NASDAQ:ORLY) by 3.9% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 29,864 shares of the specialty retailer’s stock after selling 1,204 shares during the period. Nisa Investment Advisors LLC’s holdings in O’Reilly Automotive were worth $11,596,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the stock. Virtus ETF Advisers LLC bought a new stake in shares of O’Reilly Automotive in the 4th quarter valued at about $25,000. Berman Capital Advisors LLC bought a new stake in O’Reilly Automotive during the 4th quarter worth approximately $31,000. CNB Bank bought a new stake in O’Reilly Automotive during the 4th quarter worth approximately $35,000. CX Institutional bought a new stake in O’Reilly Automotive during the 1st quarter worth approximately $35,000. Finally, Capital Investment Advisory Services LLC bought a new stake in O’Reilly Automotive during the 4th quarter worth approximately $39,000. Institutional investors and hedge funds own 87.43% of the company’s stock.

In related news, SVP Larry Lee Ellis sold 800 shares of the 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 sale, the senior vice president now owns 1,156 shares in the company, valued at $434,921.88. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Rosalie Oreilly Wooten sold 10,000 shares of the firm’s stock in a transaction dated Friday, February 15th. The shares were sold at an average price of $387.35, for a total value of $3,873,500.00. Following the sale, the director now owns 28,290 shares in the company, valued at approximately $10,958,131.50. The disclosure for this sale can be found here. Insiders sold 119,273 shares of company stock worth $44,907,567 in the last quarter. 2.52% of the stock is currently owned by company insiders.

A number of analysts have commented on ORLY shares. Citigroup boosted their price objective on O’Reilly Automotive from $422.00 to $454.00 and gave the stock a “buy” rating in a report on Monday, April 1st. BidaskClub raised O’Reilly Automotive from a “hold” rating to a “buy” rating in a report on Friday, March 22nd. Morgan Stanley boosted their price objective 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. Credit Suisse Group reissued a “hold” rating and set a $318.00 price objective on shares of O’Reilly Automotive in a report on Tuesday, February 5th. Finally, Zacks Investment Research lowered O’Reilly Automotive from a “buy” rating to a “hold” rating in a report on Friday, January 25th. Ten analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. O’Reilly Automotive currently has a consensus rating of “Buy” and a consensus price target of $379.13.

NASDAQ:ORLY opened at $364.79 on Friday. The firm has a market cap of $28.80 billion, a price-to-earnings ratio of 22.66, a P/E/G ratio of 1.34 and a beta of 0.81. O’Reilly Automotive Inc has a 1 year low of $263.06 and a 1 year high of $414.63. The company has a current ratio of 0.84, a quick ratio of 0.10 and a debt-to-equity ratio of 9.29.

O’Reilly Automotive (NASDAQ:ORLY) last posted its earnings results on Wednesday, April 24th. The specialty retailer reported $4.05 earnings per share (EPS) for the quarter, hitting the consensus estimate of $4.05. The firm had revenue of $2.41 billion for the quarter, compared to the consensus estimate of $2.44 billion. O’Reilly Automotive had a return on equity of 333.23% and a net margin of 13.87%. The business’s quarterly revenue was up 5.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $3.61 earnings per share. On average, analysts predict 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.

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

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