Toroso Investments LLC Reduces Stock Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Toroso Investments LLC decreased its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY – Get Rating) by 14.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,528 shares of the specialty retailer’s stock after selling 609 shares during the period. Toroso Investments LLC’s holdings in O’Reilly Automotive were worth $2,481,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of ORLY. Cibc World Market Inc. lifted its stake in O’Reilly Automotive by 305.4% in the first quarter. Cibc World Market Inc. now owns 3,231 shares of the specialty retailer’s stock valued at $2,213,000 after purchasing an additional 2,434 shares during the last quarter. Sei Investments Co. lifted its position in shares of O’Reilly Automotive by 51.3% during the first quarter. Sei Investments Co. now owns 15,850 shares of the specialty retailer’s stock worth $10,894,000 after acquiring an additional 5,376 shares in the last quarter. Prudential PLC purchased a new stake in shares of O’Reilly Automotive during the first quarter worth $1,847,000. Cetera Investment Advisers lifted its position in shares of O’Reilly Automotive by 48.9% during the first quarter. Cetera Investment Advisers now owns 1,960 shares of the specialty retailer’s stock worth $1,343,000 after acquiring an additional 644 shares in the last quarter. Finally, Moors & Cabot Inc. lifted its position in shares of O’Reilly Automotive by 11.4% during the first quarter. Moors & Cabot Inc. now owns 382 shares of the specialty retailer’s stock worth $262,000 after acquiring an additional 39 shares in the last quarter. Hedge funds and other institutional investors own 90.50% of the company’s stock.

O’Reilly Automotive Stock Up 0.2 %

ORLY opened at $819.52 on Friday. The stock has a market cap of $50.67 billion, a PE ratio of 24.47, a P/E/G ratio of 1.72 and a beta of 0.88. O’Reilly Automotive, Inc. has a 52 week low of $562.90 and a 52 week high of $873.94. The business’s fifty day simple moving average is $822.33 and its 200 day simple moving average is $795.41.

O’Reilly Automotive (NASDAQ:ORLY – Get Rating) last released its earnings results on Wednesday, February 8th. The specialty retailer reported $8.37 EPS for the quarter, beating analysts’ consensus estimates of $7.71 by $0.66. O’Reilly Automotive had a negative return on equity of 234.76% and a net margin of 15.08%. The business had revenue of $3.64 billion for the quarter, compared to analysts’ expectations of $3.50 billion. During the same quarter in the prior year, the firm earned $7.64 earnings per share. The firm’s revenue was up 10.7% on a year-over-year basis. As a group, equities analysts anticipate that O’Reilly Automotive, Inc. will post 36.62 earnings per share for the current year.

Insider Buying and Selling at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Jeffrey Alan Lauro sold 500 shares of the company’s stock in a transaction dated Friday, February 24th. The shares were sold at an average price of $834.31, for a total transaction of $417,155.00. Following the completion of the sale, the senior vice president now directly owns 768 shares in the company, valued at $640,750.08. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 1.73% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. Citigroup increased their target price on O’Reilly Automotive from $770.00 to $855.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 23rd. Morgan Stanley increased their target price on O’Reilly Automotive from $780.00 to $830.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 17th. Stephens restated an “overweight” rating and set a $900.00 target price on shares of O’Reilly Automotive in a research report on Thursday, February 9th. MKM Partners upped their price target on shares of O’Reilly Automotive from $865.00 to $900.00 in a report on Friday, December 9th. Finally, Wedbush reaffirmed a “neutral” rating and issued a $820.00 price target on shares of O’Reilly Automotive in a report on Thursday, February 9th. Four analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat, O’Reilly Automotive currently has a consensus rating of “Moderate Buy” and an average target price of $859.60.

O’Reilly Automotive Profile

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O’Reilly Automotive, Inc owns and operates retail outlets in the United States. It engages in the distribution and retailing of automotive aftermarket parts, tools, supplies, equipment, and accessories in the U.S., serving both professional installers and do-it-yourself customers. It provides new and remanufactured automotive hard parts, including alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature controls, chassis parts and engine parts, maintenance items consisting of oil, antifreeze products, fluids, filters, lighting products, engine additives, and appearance products, and accessories, such as floor mats, seat covers, and truck accessories.