IFP Advisors Inc Acquires 74 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

IFP Advisors Inc lifted its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 5.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,340 shares of the specialty retailer’s stock after acquiring an additional 74 shares during the quarter. IFP Advisors Inc’s holdings in O’Reilly Automotive were worth $1,594,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ORLY. Waverton Investment Management Ltd lifted its position in shares of O’Reilly Automotive by 11.0% in the 4th quarter. Waverton Investment Management Ltd now owns 40,288 shares of the specialty retailer’s stock worth $47,778,000 after purchasing an additional 3,990 shares during the period. Y Intercept Hong Kong Ltd raised its stake in O’Reilly Automotive by 824.6% in the fourth quarter. Y Intercept Hong Kong Ltd now owns 3,606 shares of the specialty retailer’s stock worth $4,276,000 after buying an additional 3,216 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund raised its stake in O’Reilly Automotive by 1.3% in the fourth quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 15,829 shares of the specialty retailer’s stock worth $18,770,000 after buying an additional 200 shares in the last quarter. MONECO Advisors LLC lifted its holdings in O’Reilly Automotive by 10.9% in the fourth quarter. MONECO Advisors LLC now owns 436 shares of the specialty retailer’s stock worth $517,000 after buying an additional 43 shares during the period. Finally, Howard Capital Management Inc. boosted its position in O’Reilly Automotive by 3.4% during the 4th quarter. Howard Capital Management Inc. now owns 1,694 shares of the specialty retailer’s stock valued at $2,009,000 after acquiring an additional 55 shares in the last quarter. Hedge funds and other institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Trading Down 1.2 %

Shares of ORLY opened at $1,330.42 on Thursday. The company has a market cap of $76.81 billion, a price-to-earnings ratio of 32.72, a P/E/G ratio of 2.34 and a beta of 0.94. The business’s fifty day simple moving average is $1,258.72 and its two-hundred day simple moving average is $1,206.84. 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 released its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $9.96 EPS for the quarter, beating the consensus estimate of $9.73 by $0.23. O’Reilly Automotive had a negative return on equity of 166.88% and a net margin of 14.28%. As a group, research analysts forecast that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have recently commented on ORLY shares. UBS Group raised their target price on O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Barclays raised their price objective on O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the company an “equal weight” rating in a research report on Friday, February 7th. Guggenheim upped their target price on shares of O’Reilly Automotive from $1,400.00 to $1,475.00 and gave the stock a “buy” rating in a research report on Friday, February 7th. Mizuho increased their price target on shares of O’Reilly Automotive from $1,305.00 to $1,400.00 and gave the stock an “outperform” rating in a research note on Friday, February 7th. Finally, Wedbush boosted their price objective on shares of O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the stock a “neutral” rating in a research note on Thursday, February 6th. Three equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $1,390.81.

Insider Activity at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Mark Joseph Merz sold 500 shares of the firm’s stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $1,325.00, for a total value of $662,500.00. Following the transaction, the senior vice president now directly owns 275 shares of the company’s stock, valued at approximately $364,375. This trade represents a 64.52 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Brad W. Beckham sold 833 shares of the company’s stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $1,300.00, for a total transaction of $1,082,900.00. Following the sale, the chief executive officer now directly owns 760 shares of the company’s stock, valued at $988,000. The trade was a 52.29 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 7,894 shares of company stock worth $10,409,618 over the last quarter. Company insiders own 1.55% of the company’s stock.

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.