Amica Retiree Medical Trust boosted its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 1,400.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,505 shares of the specialty retailer’s stock after buying an additional 2,338 shares during the quarter. Amica Retiree Medical Trust’s holdings in O’Reilly Automotive were worth $226,000 as of its most recent SEC filing.
Several other large investors have also bought and sold shares of the stock. Oxbow Advisors LLC increased its stake in O’Reilly Automotive by 785.7% in the 2nd quarter. Oxbow Advisors LLC now owns 66,315 shares of the specialty retailer’s stock valued at $5,977,000 after buying an additional 58,828 shares during the last quarter. Providence First Trust Co grew its holdings in shares of O’Reilly Automotive by 1,433.6% in the second quarter. Providence First Trust Co now owns 6,855 shares of the specialty retailer’s stock valued at $618,000 after acquiring an additional 6,408 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of O’Reilly Automotive by 1.5% in the first quarter. Vanguard Group Inc. now owns 5,238,396 shares of the specialty retailer’s stock valued at $7,504,421,000 after acquiring an additional 75,125 shares in the last quarter. Prime Capital Investment Advisors LLC increased its position in shares of O’Reilly Automotive by 1,063.1% during the second quarter. Prime Capital Investment Advisors LLC now owns 107,892 shares of the specialty retailer’s stock valued at $9,724,000 after acquiring an additional 98,616 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its holdings in O’Reilly Automotive by 33.9% during the first quarter. Massachusetts Financial Services Co. MA now owns 583,812 shares of the specialty retailer’s stock worth $836,357,000 after acquiring an additional 147,904 shares during the period. 85.00% of the stock is currently owned by institutional investors.
O’Reilly Automotive Trading Up 2.2%
O’Reilly Automotive stock opened at $97.09 on Friday. O’Reilly Automotive, Inc. has a 1-year low of $78.30 and a 1-year high of $108.71. The firm has a market capitalization of $82.38 billion, a PE ratio of 33.63, a price-to-earnings-growth ratio of 2.48 and a beta of 0.57. The firm’s 50 day simple moving average is $101.93 and its 200 day simple moving average is $96.91.
Wall Street Analyst Weigh In
A number of research analysts have issued reports on ORLY shares. Guggenheim upped their price objective on O’Reilly Automotive from $98.00 to $110.00 and gave the company a “buy” rating in a research note on Friday, July 25th. UBS Group restated a “buy” rating and set a $120.00 price target (up previously from $115.00) on shares of O’Reilly Automotive in a research report on Wednesday, October 15th. Citigroup lifted their price objective on shares of O’Reilly Automotive from $104.00 to $114.00 and gave the stock a “buy” rating in a research report on Friday, July 25th. Royal Bank Of Canada set a $110.00 target price on shares of O’Reilly Automotive and gave the company an “outperform” rating in a research report on Friday, October 24th. Finally, Wells Fargo & Company set a $115.00 price target on shares of O’Reilly Automotive and gave the stock an “overweight” rating in a research note on Wednesday, October 15th. Nineteen research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $111.89.
Check Out Our Latest Stock Analysis on O’Reilly Automotive
Insiders Place Their Bets
In related news, Director Maria Sastre sold 595 shares of the firm’s stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $102.31, for a total value of $60,874.45. Following the sale, the director directly owned 15,935 shares of the company’s stock, valued at $1,630,309.85. This trade represents a 3.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director John Raymond Murphy sold 3,125 shares of O’Reilly Automotive stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $92.60, for a total transaction of $289,375.00. Following the sale, the director owned 8,125 shares of the company’s stock, valued at approximately $752,375. The trade was a 27.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 92,205 shares of company stock worth $9,423,501 in the last ninety days. 1.01% of the stock is currently owned by insiders.
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.
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