Rational Advisors LLC Purchases 2,660 Shares of O’Reilly Automotive Inc (ORLY)

Rational Advisors LLC raised its position in O’Reilly Automotive Inc (NASDAQ:ORLY) by 51.3% in the first quarter, Holdings Channel reports. The fund owned 7,843 shares of the specialty retailer’s stock after buying an additional 2,660 shares during the period. Rational Advisors LLC’s holdings in O’Reilly Automotive were worth $3,045,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of ORLY. Advisors Preferred LLC acquired a new stake in O’Reilly Automotive during the first quarter worth approximately $26,000. Virtus ETF Advisers LLC acquired a new stake in O’Reilly Automotive during the fourth quarter worth approximately $25,000. CX Institutional acquired a new stake in O’Reilly Automotive during the first quarter worth approximately $35,000. Berman Capital Advisors LLC acquired a new stake in O’Reilly Automotive during the fourth quarter worth approximately $31,000. Finally, Paragon Capital Management LLC acquired a new stake in O’Reilly Automotive during the first quarter worth approximately $39,000. Institutional investors own 85.38% of the company’s stock.

Shares of O’Reilly Automotive stock traded up $5.98 during trading on Thursday, reaching $368.62. The company’s stock had a trading volume of 929,840 shares, compared to its average volume of 807,204. The stock has a market capitalization of $28.43 billion, a price-to-earnings ratio of 22.90, a PEG ratio of 1.33 and a beta of 0.81. O’Reilly Automotive Inc has a fifty-two week low of $265.11 and a fifty-two week high of $414.63. The company has a debt-to-equity ratio of 13.67, a current ratio of 0.84 and a quick ratio of 0.10.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Wednesday, April 24th. The specialty retailer reported $4.05 EPS for the quarter, meeting analysts’ consensus estimates of $4.05. The business had revenue of $2.41 billion for the quarter, compared to analysts’ expectations of $2.44 billion. O’Reilly Automotive had a net margin of 13.87% and a return on equity of 333.23%. The company’s quarterly revenue was up 5.6% on a year-over-year basis. During the same period in the previous year, the company posted $3.61 EPS. Analysts anticipate that O’Reilly Automotive Inc will post 17.77 earnings per share for the current year.

A number of analysts have weighed in on the stock. BidaskClub raised shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a report on Friday, March 22nd. Oppenheimer cut shares of O’Reilly Automotive from an “outperform” rating to a “market perform” rating in a report on Friday, February 8th. Evercore ISI assumed coverage on shares of O’Reilly Automotive in a report on Wednesday, March 20th. They set an “in-line” rating and a $375.00 price objective on the stock. Citigroup raised their price objective on shares of O’Reilly Automotive from $422.00 to $454.00 and gave the stock a “buy” rating in a report on Monday, April 1st. Finally, Raymond James raised their price objective on shares of O’Reilly Automotive from $408.00 to $435.00 and gave the stock a “strong-buy” rating in a report on Thursday, April 25th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the company’s stock. O’Reilly Automotive has a consensus rating of “Buy” and an average target price of $379.13.

In other news, EVP Brad W. Beckham sold 5,000 shares of O’Reilly Automotive stock in a transaction on Thursday, February 28th. The shares were sold at an average price of $370.71, for a total value of $1,853,550.00. Following the transaction, the executive vice president now directly owns 5,454 shares of the company’s stock, valued at approximately $2,021,852.34. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Jeff M. Shaw sold 2,758 shares of O’Reilly Automotive stock in a transaction on Tuesday, April 2nd. The shares were sold at an average price of $395.00, for a total transaction of $1,089,410.00. Following the completion of the transaction, the chief operating officer now directly owns 26,992 shares in the company, valued at $10,661,840. The disclosure for this sale can be found here. Insiders sold a total of 51,858 shares of company stock worth $19,515,668 over the last ninety days. Corporate insiders own 2.52% of the company’s stock.

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About O’Reilly Automotive

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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