MorganRosel Wealth Management LLC Has $837,000 Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

MorganRosel Wealth Management LLC lifted its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 21.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 706 shares of the specialty retailer’s stock after purchasing an additional 123 shares during the period. MorganRosel Wealth Management LLC’s holdings in O’Reilly Automotive were worth $837,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Assetmark Inc. boosted its stake in O’Reilly Automotive by 20.8% during the third quarter. Assetmark Inc. now owns 18,580 shares of the specialty retailer’s stock worth $21,396,000 after acquiring an additional 3,193 shares in the last quarter. Annex Advisory Services LLC raised its holdings in shares of O’Reilly Automotive by 23.2% during the fourth quarter. Annex Advisory Services LLC now owns 34,027 shares of the specialty retailer’s stock valued at $40,349,000 after purchasing an additional 6,418 shares during the period. CIBC Asset Management Inc boosted its position in shares of O’Reilly Automotive by 4.7% during the 3rd quarter. CIBC Asset Management Inc now owns 19,597 shares of the specialty retailer’s stock worth $22,568,000 after purchasing an additional 882 shares in the last quarter. Montecito Bank & Trust acquired a new stake in shares of O’Reilly Automotive in the 4th quarter valued at about $365,000. Finally, Nomura Asset Management Co. Ltd. increased its position in O’Reilly Automotive by 6.9% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 27,907 shares of the specialty retailer’s stock valued at $32,138,000 after buying an additional 1,811 shares in the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.

Insider Activity at O’Reilly Automotive

In related news, SVP Mark Joseph Merz sold 500 shares of the stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $1,325.00, for a total transaction of $662,500.00. Following the sale, the senior vice president now directly owns 275 shares of the company’s stock, valued at approximately $364,375. This represents a 64.52 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Maria Sastre sold 248 shares of the stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $1,316.17, for a total transaction of $326,410.16. Following the sale, the director now owns 971 shares in the company, valued at approximately $1,278,001.07. The trade was a 20.34 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 2,581 shares of company stock valued at $3,375,490 in the last 90 days. Corporate insiders own 1.55% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on ORLY shares. Royal Bank of Canada upped their price objective on shares of O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the stock an “outperform” rating in a report on Friday, February 7th. UBS Group lifted their price target on O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the stock a “buy” rating in a report on Friday, February 7th. DA Davidson boosted their target price on shares of O’Reilly Automotive from $1,450.00 to $1,525.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Morgan Stanley raised O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $1,150.00 to $1,450.00 in a research report on Tuesday, January 21st. Finally, BMO Capital Markets lifted their price objective on O’Reilly Automotive from $1,400.00 to $1,450.00 and gave the stock an “outperform” rating in a report on Monday, February 10th. Two investment analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $1,390.81.

O’Reilly Automotive Trading Up 0.9 %

Shares of ORLY stock opened at $1,314.91 on Tuesday. The company’s fifty day moving average price is $1,254.61 and its 200-day moving average price is $1,204.41. The stock has a market cap of $75.91 billion, a PE ratio of 32.34, a price-to-earnings-growth ratio of 2.34 and a beta of 0.94. O’Reilly Automotive, Inc. has a 12 month low of $947.49 and a 12 month high of $1,350.27.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $9.96 EPS for the quarter, topping the consensus estimate of $9.73 by $0.23. O’Reilly Automotive had a net margin of 14.28% and a negative return on equity of 166.88%. On average, sell-side analysts forecast that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

O’Reilly Automotive Profile

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.