J.W. Cole Advisors Inc. Purchases New Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

J.W. Cole Advisors Inc. purchased a new position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 333 shares of the specialty retailer’s stock, valued at approximately $316,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Litman Gregory Wealth Management LLC increased its position in shares of O’Reilly Automotive by 32.5% during the fourth quarter. Litman Gregory Wealth Management LLC now owns 2,698 shares of the specialty retailer’s stock worth $2,563,000 after acquiring an additional 662 shares during the last quarter. Geneva Partners LLC increased its holdings in O’Reilly Automotive by 1,293.0% in the fourth quarter. Geneva Partners LLC now owns 3,998 shares of the specialty retailer’s stock valued at $3,799,000 after buying an additional 3,711 shares during the last quarter. Wetzel Investment Advisors Inc. bought a new stake in O’Reilly Automotive in the fourth quarter valued at about $86,000. Greenleaf Trust increased its holdings in O’Reilly Automotive by 1.9% in the fourth quarter. Greenleaf Trust now owns 1,760 shares of the specialty retailer’s stock valued at $1,672,000 after buying an additional 33 shares during the last quarter. Finally, Fidelis Capital Partners LLC increased its holdings in O’Reilly Automotive by 18.3% in the fourth quarter. Fidelis Capital Partners LLC now owns 854 shares of the specialty retailer’s stock valued at $811,000 after buying an additional 132 shares during the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have commented on ORLY shares. The Goldman Sachs Group lifted their target price on O’Reilly Automotive from $1,022.00 to $1,170.00 and gave the company a “buy” rating in a research note on Friday, February 9th. Mizuho started coverage on O’Reilly Automotive in a research note on Tuesday, March 19th. They issued a “buy” rating and a $1,225.00 target price for the company. Wedbush lifted their target price on O’Reilly Automotive from $940.00 to $1,100.00 and gave the company a “neutral” rating in a research note on Thursday, February 8th. Wells Fargo & Company lifted their target price on O’Reilly Automotive from $1,200.00 to $1,300.00 and gave the company an “overweight” rating in a research note on Monday, March 25th. Finally, UBS Group boosted their price objective on O’Reilly Automotive from $1,125.00 to $1,275.00 and gave the stock a “buy” rating in a research report on Wednesday, April 17th. Three analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. According to data from MarketBeat.com, O’Reilly Automotive has a consensus rating of “Moderate Buy” and an average target price of $1,115.19.

O’Reilly Automotive Stock Up 0.0 %

Shares of NASDAQ:ORLY opened at $1,092.70 on Thursday. The company’s fifty day moving average is $1,097.21 and its two-hundred day moving average is $1,014.34. O’Reilly Automotive, Inc. has a 12-month low of $860.10 and a 12-month high of $1,169.11. The company has a market cap of $64.50 billion, a P/E ratio of 28.40, a price-to-earnings-growth ratio of 1.98 and a beta of 0.86.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings results on Thursday, February 8th. The specialty retailer reported $9.26 EPS for the quarter, beating the consensus estimate of $9.07 by $0.19. O’Reilly Automotive had a net margin of 14.84% and a negative return on equity of 139.01%. The business had revenue of $3.83 billion for the quarter, compared to analysts’ expectations of $3.86 billion. During the same period in the previous year, the company posted $8.37 EPS. O’Reilly Automotive’s revenue was up 5.1% on a year-over-year basis. Equities research analysts anticipate that O’Reilly Automotive, Inc. will post 42.1 earnings per share for the current year.

Insider Buying and Selling

In other O’Reilly Automotive news, Director John Raymond Murphy sold 269 shares of the company’s stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $1,039.28, for a total transaction of $279,566.32. Following the completion of the sale, the director now directly owns 950 shares in the company, valued at $987,316. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, Chairman David E. Oreilly sold 6,444 shares of the stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $1,062.60, for a total value of $6,847,394.40. Following the completion of the transaction, the chairman now owns 205,095 shares of the company’s stock, valued at $217,933,947. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John Raymond Murphy sold 269 shares of the stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $1,039.28, for a total transaction of $279,566.32. Following the completion of the transaction, the director now directly owns 950 shares of the company’s stock, valued at approximately $987,316. The disclosure for this sale can be found here. Over the last three months, insiders sold 25,968 shares of company stock worth $27,269,333. Corporate insiders own 1.55% of the company’s stock.

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.