Robeco Institutional Asset Management B.V. Lowers Stock Position in O’Reilly Automotive Inc (NASDAQ:ORLY)

Robeco Institutional Asset Management B.V. cut its stake in shares of O’Reilly Automotive Inc (NASDAQ:ORLY) by 47.6% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 72,523 shares of the specialty retailer’s stock after selling 65,761 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in O’Reilly Automotive were worth $26,781,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in ORLY. FMR LLC lifted its holdings in shares of O’Reilly Automotive by 28.6% during the 1st quarter. FMR LLC now owns 1,496,125 shares of the specialty retailer’s stock valued at $580,945,000 after acquiring an additional 332,297 shares in the last quarter. Geode Capital Management LLC grew its position in O’Reilly Automotive by 9.9% in the 4th quarter. Geode Capital Management LLC now owns 1,121,559 shares of the specialty retailer’s stock worth $385,559,000 after purchasing an additional 100,713 shares during the last quarter. OppenheimerFunds Inc. boosted its holdings in shares of O’Reilly Automotive by 0.9% in the first quarter. OppenheimerFunds Inc. now owns 669,372 shares of the specialty retailer’s stock valued at $259,917,000 after acquiring an additional 6,215 shares in the last quarter. Janus Henderson Group PLC boosted its holdings in shares of O’Reilly Automotive by 73.2% in the first quarter. Janus Henderson Group PLC now owns 651,238 shares of the specialty retailer’s stock valued at $252,882,000 after acquiring an additional 275,197 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its holdings in shares of O’Reilly Automotive by 0.8% in the first quarter. Wells Fargo & Company MN now owns 593,348 shares of the specialty retailer’s stock valued at $230,397,000 after acquiring an additional 4,512 shares in the last quarter. 84.99% of the stock is owned by institutional investors.

Shares of NASDAQ:ORLY traded down $4.87 during mid-day trading on Friday, hitting $369.93. The stock had a trading volume of 678,785 shares, compared to its average volume of 570,771. The company has a current ratio of 0.85, a quick ratio of 0.10 and a debt-to-equity ratio of 37.43. The stock has a market capitalization of $29.85 billion, a P/E ratio of 22.98, a PEG ratio of 1.54 and a beta of 0.73. O’Reilly Automotive Inc has a 12-month low of $308.46 and a 12-month high of $414.63. The firm’s 50 day simple moving average is $385.58.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Wednesday, July 24th. The specialty retailer reported $4.51 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $4.67 by ($0.16). The firm had revenue of $2.59 billion during the quarter, compared to analysts’ expectations of $2.61 billion. O’Reilly Automotive had a net margin of 13.69% and a return on equity of 391.89%. The firm’s revenue was up 5.4% compared to the same quarter last year. During the same quarter last year, the company posted $4.28 EPS. As a group, equities research analysts anticipate that O’Reilly Automotive Inc will post 17.54 EPS for the current fiscal year.

Several research analysts have recently issued reports on ORLY shares. Northcoast Research cut shares of O’Reilly Automotive from a “buy” rating to a “neutral” rating in a report on Thursday, June 27th. Stephens cut their target price on shares of O’Reilly Automotive from $440.00 to $430.00 and set an “overweight” rating for the company in a research note on Friday, July 26th. Wells Fargo & Co increased their target price on shares of O’Reilly Automotive from $415.00 to $445.00 and gave the company an “outperform” rating in a research note on Thursday, April 18th. Royal Bank of Canada set a $428.00 target price on shares of O’Reilly Automotive and gave the company a “buy” rating in a research note on Friday, July 26th. Finally, Morgan Stanley increased their target price on shares of O’Reilly Automotive from $385.00 to $400.00 and gave the company an “equal weight” rating in a research note on Monday, April 15th. One research analyst has rated the stock with a sell rating, nine have given a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the company’s stock. O’Reilly Automotive presently has a consensus rating of “Buy” and an average price target of $406.67.

In related news, Director John Raymond Murphy sold 122 shares of the company’s stock in a transaction that occurred on Tuesday, July 30th. The shares were sold at an average price of $385.92, for a total value of $47,082.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 2.52% of the stock is currently owned by corporate insiders.

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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