Greenleaf Trust reduced its stake in shares of O’Reilly Automotive Inc (NASDAQ:ORLY) by 6.4% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,829 shares of the specialty retailer’s stock after selling 126 shares during the period. Greenleaf Trust’s holdings in O’Reilly Automotive were worth $710,000 at the end of the most recent quarter.
Other large investors also recently made changes to their positions in the company. Virtus ETF Advisers LLC bought a new position in O’Reilly Automotive during the 4th quarter worth $25,000. Advisors Preferred LLC bought a new position in O’Reilly Automotive during the 1st quarter worth $26,000. Berman Capital Advisors LLC bought a new position in O’Reilly Automotive during the 4th quarter worth $31,000. CNB Bank bought a new position in O’Reilly Automotive during the 4th quarter worth $35,000. Finally, CX Institutional bought a new position in O’Reilly Automotive during the 1st quarter worth $35,000. 87.65% of the stock is owned by institutional investors and hedge funds.
ORLY stock opened at $362.64 on Wednesday. O’Reilly Automotive Inc has a 1-year low of $264.50 and a 1-year high of $414.63. The company has a debt-to-equity ratio of 9.29, a current ratio of 0.84 and a quick ratio of 0.10. The stock has a market capitalization of $28.43 billion, a PE ratio of 22.52, a price-to-earnings-growth ratio of 1.29 and a beta of 0.81.
Several brokerages recently issued reports on ORLY. Zacks Investment Research raised O’Reilly Automotive from a “sell” rating to a “hold” rating in a research report on Friday, April 26th. BidaskClub lowered O’Reilly Automotive from a “buy” rating to a “hold” rating in a research report on Friday, April 19th. Wells Fargo & Co lifted their price objective on O’Reilly Automotive from $415.00 to $445.00 and gave the stock an “outperform” rating in a research report on Thursday, April 18th. Evercore ISI initiated coverage on O’Reilly Automotive in a research report on Wednesday, March 20th. They issued an “in-line” rating and a $375.00 price objective for the company. Finally, Atlantic Securities lowered O’Reilly Automotive from an “overweight” rating to a “neutral” rating and lifted their price objective for the stock from $370.00 to $400.00 in a research report on Friday, March 1st. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $379.13.
In other news, EVP Brad W. Beckham sold 5,000 shares of the firm’s stock in a transaction dated Thursday, February 28th. The stock was sold at an average price of $370.71, for a total value of $1,853,550.00. Following the completion of the sale, the executive vice president now directly owns 5,454 shares in the company, valued at approximately $2,021,852.34. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Lawrence P. Oreilly sold 4,500 shares of the firm’s stock in a transaction dated Tuesday, February 26th. The shares were sold at an average price of $378.60, for a total value of $1,703,700.00. Following the completion of the sale, the director now owns 131,214 shares of the company’s stock, valued at $49,677,620.40. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 51,858 shares of company stock valued at $19,515,668. 2.52% of the stock is currently 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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