617 Shares in O’Reilly Automotive, Inc. (NASDAQ:ORLY) Bought by Lecap Asset Management Ltd.

Lecap Asset Management Ltd. purchased a new stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 617 shares of the specialty retailer’s stock, valued at approximately $732,000.

A number of other hedge funds have also modified their holdings of ORLY. Wellington Management Group LLP lifted its holdings in shares of O’Reilly Automotive by 73.0% during the third quarter. Wellington Management Group LLP now owns 1,725,316 shares of the specialty retailer’s stock worth $1,986,874,000 after purchasing an additional 728,040 shares during the period. Geode Capital Management LLC raised its position in O’Reilly Automotive by 1.7% during the 3rd quarter. Geode Capital Management LLC now owns 1,479,166 shares of the specialty retailer’s stock worth $1,700,513,000 after buying an additional 24,135 shares during the last quarter. International Assets Investment Management LLC lifted its stake in O’Reilly Automotive by 99,957.0% during the 3rd quarter. International Assets Investment Management LLC now owns 854,487 shares of the specialty retailer’s stock valued at $984,027,000 after acquiring an additional 853,633 shares during the period. Massachusetts Financial Services Co. MA boosted its holdings in shares of O’Reilly Automotive by 28.4% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 601,612 shares of the specialty retailer’s stock valued at $692,816,000 after acquiring an additional 133,139 shares during the last quarter. Finally, Mizuho Securities USA LLC increased its stake in shares of O’Reilly Automotive by 10,626.8% in the third quarter. Mizuho Securities USA LLC now owns 487,212 shares of the specialty retailer’s stock worth $5,393,000 after acquiring an additional 482,670 shares during the period. 85.00% of the stock is owned by institutional investors and hedge funds.

O’Reilly Automotive Trading Down 1.1 %

Shares of O’Reilly Automotive stock opened at $1,316.75 on Friday. O’Reilly Automotive, Inc. has a twelve month low of $947.49 and a twelve month high of $1,350.27. The firm has a market capitalization of $76.02 billion, a PE ratio of 32.58, a P/E/G ratio of 2.40 and a beta of 0.94. The firm’s 50-day moving average price is $1,240.65 and its 200 day moving average price is $1,185.54.

O’Reilly Automotive (NASDAQ:ORLY) last released its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share for the quarter, beating the consensus estimate of $9.73 by $0.23. O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. On average, sell-side analysts predict that O’Reilly Automotive, Inc. will post 40.86 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

ORLY has been the subject of a number of research reports. TD Cowen boosted their target price on shares of O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the company a “buy” rating in a research report on Friday, October 25th. StockNews.com raised O’Reilly Automotive from a “hold” rating to a “buy” rating in a report on Wednesday, January 22nd. Morgan Stanley upgraded O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $1,150.00 to $1,450.00 in a research report on Tuesday, January 21st. DA Davidson raised their price objective on shares of O’Reilly Automotive from $1,450.00 to $1,525.00 and gave the stock a “buy” rating in a research note on Friday. Finally, Guggenheim lifted their target price on shares of O’Reilly Automotive from $1,400.00 to $1,475.00 and gave the company a “buy” rating in a report on Friday. Two research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, O’Reilly Automotive has an average rating of “Buy” and a consensus price target of $1,374.88.

Insiders Place Their Bets

In other O’Reilly Automotive news, SVP Jeffery Thomas Loafman sold 620 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total value of $769,041.80. Following the transaction, the senior vice president now directly owns 5 shares of the company’s stock, valued at $6,201.95. This trade represents a 99.20 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Andrea Weiss sold 600 shares of the company’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total value of $734,442.00. Following the completion of the sale, the director now owns 700 shares of the company’s stock, valued at $856,849. This trade represents a 46.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.18% of the stock is currently owned by corporate insiders.

About O’Reilly Automotive

O’Reilly Automotive, Inc, together with its subsidiaries, operates as a retailer and supplier of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States, Puerto Rico, and Mexico. The company provides new and remanufactured automotive hard parts and maintenance items, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, temperature control, water pumps, antifreeze, appearance products, engine additives, filters, fluids, lighting products, and oil and wiper blades; and accessories, including floor mats, seat covers, and truck accessories.