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

J.W. Cole Advisors Inc. purchased a new stake in O’Reilly Automotive, Inc. (NASDAQ:ORLYGet Rating) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 507 shares of the specialty retailer’s stock, valued at approximately $347,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Lloyd Advisory Services LLC. acquired a new position in shares of O’Reilly Automotive during the 1st quarter worth approximately $26,000. Riverview Trust Co acquired a new position in shares of O’Reilly Automotive during the 1st quarter worth approximately $27,000. Comprehensive Financial Consultants Institutional Inc. acquired a new position in shares of O’Reilly Automotive during the 4th quarter worth approximately $28,000. Loomis Sayles & Co. L P grew its position in shares of O’Reilly Automotive by 44.6% during the 1st quarter. Loomis Sayles & Co. L P now owns 81 shares of the specialty retailer’s stock worth $55,000 after purchasing an additional 25 shares in the last quarter. Finally, Mascoma Wealth Management LLC grew its position in shares of O’Reilly Automotive by 125.6% during the 1st quarter. Mascoma Wealth Management LLC now owns 97 shares of the specialty retailer’s stock worth $66,000 after purchasing an additional 54 shares in the last quarter. Institutional investors and hedge funds own 84.03% of the company’s stock.

Insider Activity

In other news, Chairman David E. Oreilly sold 5,200 shares of the firm’s stock in a transaction on Thursday, August 18th. The shares were sold at an average price of $742.66, for a total transaction of $3,861,832.00. Following the completion of the transaction, the chairman now owns 67,752 shares of the company’s stock, valued at $50,316,700.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, Chairman David E. Oreilly sold 7,145 shares of the firm’s stock in a transaction on Thursday, July 28th. The shares were sold at an average price of $700.00, for a total transaction of $5,001,500.00. Following the completion of the transaction, the chairman now owns 294,582 shares of the company’s stock, valued at $206,207,400. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Chairman David E. Oreilly sold 5,200 shares of the stock in a transaction on Thursday, August 18th. The stock was sold at an average price of $742.66, for a total transaction of $3,861,832.00. Following the sale, the chairman now owns 67,752 shares of the company’s stock, valued at $50,316,700.32. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 51,444 shares of company stock valued at $37,192,687. Insiders own 1.73% of the company’s stock.

O’Reilly Automotive Price Performance

Shares of NASDAQ:ORLY opened at $701.07 on Wednesday. The company has a market cap of $44.39 billion, a price-to-earnings ratio of 22.14, a PEG ratio of 1.76 and a beta of 0.99. The firm has a 50 day simple moving average of $705.06 and a 200 day simple moving average of $672.48. O’Reilly Automotive, Inc. has a one year low of $562.90 and a one year high of $750.88.

O’Reilly Automotive (NASDAQ:ORLYGet Rating) last released its quarterly earnings results on Wednesday, July 27th. The specialty retailer reported $8.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $8.98 by ($0.20). The business had revenue of $3.67 billion for the quarter, compared to the consensus estimate of $3.71 billion. O’Reilly Automotive had a net margin of 15.55% and a negative return on equity of 520.10%. O’Reilly Automotive’s revenue was up 5.9% on a year-over-year basis. During the same period in the previous year, the business posted $8.33 EPS. As a group, analysts expect that O’Reilly Automotive, Inc. will post 31.61 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts have issued reports on ORLY shares. Morgan Stanley increased their target price on shares of O’Reilly Automotive from $635.00 to $690.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 24th. Guggenheim upped their price target on shares of O’Reilly Automotive to $823.00 in a report on Monday, August 15th. The Goldman Sachs Group upped their price target on shares of O’Reilly Automotive from $667.00 to $745.00 and gave the stock a “buy” rating in a report on Tuesday, August 2nd. Wells Fargo & Company cut their price target on shares of O’Reilly Automotive from $800.00 to $750.00 and set an “overweight” rating for the company in a report on Wednesday, June 8th. Finally, Citigroup upped their price target on shares of O’Reilly Automotive from $662.00 to $720.00 in a report on Thursday, July 28th. Four analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $758.43.

O’Reilly Automotive Profile

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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. 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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Institutional Ownership by Quarter for O'Reilly Automotive (NASDAQ:ORLY)

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