Global Retirement Partners LLC Sells 137 Shares of O’Reilly Automotive Inc (ORLY)

Global Retirement Partners LLC lowered its position in shares of O’Reilly Automotive Inc (NASDAQ:ORLY) by 14.2% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 827 shares of the specialty retailer’s stock after selling 137 shares during the quarter. Global Retirement Partners LLC’s holdings in O’Reilly Automotive were worth $321,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cobiz Wealth LLC grew its holdings in O’Reilly Automotive by 2.8% during the first quarter. Cobiz Wealth LLC now owns 22,395 shares of the specialty retailer’s stock valued at $8,696,000 after purchasing an additional 606 shares during the period. Sowell Financial Services LLC boosted its holdings in shares of O’Reilly Automotive by 45.9% in the fourth quarter. Sowell Financial Services LLC now owns 3,343 shares of the specialty retailer’s stock valued at $1,151,000 after buying an additional 1,051 shares during the period. Brown Advisory Inc. boosted its holdings in shares of O’Reilly Automotive by 22.1% in the fourth quarter. Brown Advisory Inc. now owns 4,058 shares of the specialty retailer’s stock valued at $1,397,000 after buying an additional 734 shares during the period. Huntington National Bank boosted its holdings in shares of O’Reilly Automotive by 8.9% in the fourth quarter. Huntington National Bank now owns 116,378 shares of the specialty retailer’s stock valued at $40,072,000 after buying an additional 9,472 shares during the period. Finally, WINTON GROUP Ltd boosted its holdings in shares of O’Reilly Automotive by 5.3% in the fourth quarter. WINTON GROUP Ltd now owns 130,238 shares of the specialty retailer’s stock valued at $44,845,000 after buying an additional 6,557 shares during the period. Hedge funds and other institutional investors own 87.65% of the company’s stock.

Shares of ORLY opened at $352.57 on Friday. O’Reilly Automotive Inc has a 12 month low of $264.50 and a 12 month high of $414.63. The firm has a market cap of $27.70 billion, a P/E ratio of 21.90, a price-to-earnings-growth ratio of 1.29 and a beta of 0.81. The company has a quick ratio of 0.10, a current ratio of 0.84 and a debt-to-equity ratio of 9.29.

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 Thomson Reuters’ consensus estimate of $4.05. O’Reilly Automotive had a net margin of 13.87% and a return on equity of 333.23%. The business had revenue of $2.41 billion during the quarter, compared to analysts’ expectations of $2.44 billion. During the same quarter in the prior year, the company posted $3.61 earnings per share. The firm’s revenue was up 5.6% on a year-over-year basis. As a group, equities research analysts predict that O’Reilly Automotive Inc will post 17.77 EPS for the current year.

In related news, EVP Brad W. Beckham sold 5,000 shares of the stock in a transaction on Thursday, February 28th. The shares were sold at an average price of $370.71, for a total transaction of $1,853,550.00. Following the completion of the transaction, the executive vice president now owns 5,454 shares in the company, valued at $2,021,852.34. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Lawrence P. Oreilly sold 5,600 shares of the stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of $375.48, for a total transaction of $2,102,688.00. Following the transaction, the director now owns 122,564 shares of the company’s stock, valued at approximately $46,020,330.72. The disclosure for this sale can be found here. Insiders have sold 53,358 shares of company stock valued at $20,093,813 in the last 90 days. 2.52% of the stock is currently owned by corporate insiders.

ORLY has been the subject of several research analyst reports. Zacks Investment Research cut shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a report on Friday, January 25th. BidaskClub upgraded shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a report on Friday, March 22nd. Credit Suisse Group reiterated a “hold” rating and issued a $318.00 price target on shares of O’Reilly Automotive in a report on Tuesday, February 5th. Morgan Stanley upped their price target on shares of O’Reilly Automotive from $385.00 to $400.00 and gave the company an “equal weight” rating in a report on Monday, April 15th. Finally, Evercore ISI initiated coverage on shares of O’Reilly Automotive in a report on Wednesday, March 20th. They issued an “in-line” rating and a $375.00 price target for the company. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the stock. O’Reilly Automotive currently has a consensus rating of “Buy” and an average price target of $379.13.

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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.

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

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