Bank Julius Baer & Co. Ltd Zurich Purchases Shares of 50 O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Bank Julius Baer & Co. Ltd Zurich purchased a new stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the fourth quarter, HoldingsChannel reports. The institutional investor purchased 50 shares of the specialty retailer’s stock, valued at approximately $65,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. AlphaMark Advisors LLC acquired a new position in O’Reilly Automotive during the fourth quarter valued at approximately $30,000. Kestra Investment Management LLC acquired a new position in shares of O’Reilly Automotive during the fourth quarter worth $32,000. Darwin Wealth Management LLC acquired a new position in shares of O’Reilly Automotive during the third quarter worth $32,000. MidAtlantic Capital Management Inc. acquired a new position in shares of O’Reilly Automotive during the third quarter worth $37,000. Finally, Retirement Wealth Solutions LLC acquired a new position in shares of O’Reilly Automotive during the fourth quarter worth $46,000. 85.00% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

ORLY has been the topic of a number of recent research reports. Barclays boosted their target price on shares of O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the stock an “equal weight” rating in a research report on Friday, February 7th. Guggenheim reissued a “buy” rating and set a $1,475.00 target price on shares of O’Reilly Automotive in a research report on Monday. Wedbush boosted their target price on shares of O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the stock a “neutral” rating in a research report on Thursday, February 6th. Mizuho boosted their target price on shares of O’Reilly Automotive from $1,305.00 to $1,400.00 and gave the stock an “outperform” rating in a research report on Friday, February 7th. Finally, Morgan Stanley raised shares of O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $1,150.00 to $1,450.00 in a report on Tuesday, January 21st. Two investment analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, O’Reilly Automotive has an average rating of “Buy” and a consensus target price of $1,390.81.

O’Reilly Automotive Stock Performance

Shares of NASDAQ:ORLY opened at $1,324.06 on Wednesday. The stock has a market capitalization of $75.83 billion, a price-to-earnings ratio of 32.56, a price-to-earnings-growth ratio of 2.34 and a beta of 0.91. O’Reilly Automotive, Inc. has a 1-year low of $947.49 and a 1-year high of $1,389.05. The company’s fifty day moving average is $1,284.05 and its two-hundred day moving average is $1,221.60.

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share for the quarter, topping analysts’ consensus estimates 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%. Sell-side analysts expect that O’Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Insiders Place Their Bets

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 value of $662,500.00. Following the sale, the senior vice president now owns 275 shares of the company’s stock, valued at $364,375. This trade represents a 64.52 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman Gregory L. Henslee sold 3,073 shares of the stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $1,315.15, for a total transaction of $4,041,455.95. Following the completion of the sale, the chairman now directly owns 11,397 shares in the company, valued at approximately $14,988,764.55. This trade represents a 21.24 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 7,894 shares of company stock valued at $10,409,618. Company insiders own 1.18% 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.