BTG Pactual Global Asset Management Ltd Buys 831 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

BTG Pactual Global Asset Management Ltd increased its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 74.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,948 shares of the specialty retailer’s stock after buying an additional 831 shares during the period. BTG Pactual Global Asset Management Ltd’s holdings in O’Reilly Automotive were worth $1,861,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of ORLY. Atticus Wealth Management LLC raised its stake in O’Reilly Automotive by 57.9% in the second quarter. Atticus Wealth Management LLC now owns 30 shares of the specialty retailer’s stock worth $29,000 after buying an additional 11 shares in the last quarter. Ancora Advisors LLC bought a new position in O’Reilly Automotive in the fourth quarter worth about $30,000. Venturi Wealth Management LLC bought a new position in O’Reilly Automotive in the first quarter worth about $31,000. HHM Wealth Advisors LLC bought a new position in O’Reilly Automotive in the first quarter worth about $33,000. Finally, Compass Wealth Management LLC bought a new position in O’Reilly Automotive in the fourth quarter worth about $38,000. 82.92% of the stock is owned by institutional investors.

Insider Buying and Selling

In other O’Reilly Automotive news, SVP Carl David Wilbanks sold 5,000 shares of the firm’s stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $996.94, for a total transaction of $4,984,700.00. Following the sale, the senior vice president now directly owns 687 shares of the company’s stock, valued at $684,897.78. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, SVP Carl David Wilbanks sold 5,000 shares of O’Reilly Automotive stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $996.94, for a total transaction of $4,984,700.00. Following the sale, the senior vice president now owns 687 shares in the company, valued at $684,897.78. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, SVP Wild Tamara F. De sold 549 shares of the business’s stock in a transaction on Wednesday, August 30th. The stock was sold at an average price of $955.50, for a total transaction of $524,569.50. Following the completion of the sale, the senior vice president now owns 349 shares in the company, valued at approximately $333,469.50. The disclosure for this sale can be found here. In the last ninety days, insiders sold 19,422 shares of company stock valued at $18,917,172. 1.55% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Royal Bank of Canada raised their target price on shares of O’Reilly Automotive from $988.00 to $1,003.00 and gave the company an “outperform” rating in a research note on Friday, October 27th. JPMorgan Chase & Co. raised their target price on shares of O’Reilly Automotive from $980.00 to $1,030.00 and gave the company an “overweight” rating in a research note on Wednesday, October 18th. Oppenheimer downgraded shares of O’Reilly Automotive from an “outperform” rating to a “market perform” rating and decreased their target price for the company from $1,000.00 to $930.00 in a research note on Friday, October 6th. Barclays raised their target price on shares of O’Reilly Automotive from $868.00 to $954.00 in a research note on Friday, July 28th. Finally, William Blair assumed coverage on shares of O’Reilly Automotive in a research note on Thursday, August 3rd. They set an “outperform” rating for the company. Four equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,007.63.

O’Reilly Automotive Trading Down 0.4 %

ORLY stock traded down $3.44 on Friday, hitting $968.55. The company had a trading volume of 418,111 shares, compared to its average volume of 481,267. O’Reilly Automotive, Inc. has a 12-month low of $767.27 and a 12-month high of $1,005.96. The stock’s 50-day simple moving average is $931.43 and its 200 day simple moving average is $934.91. The stock has a market cap of $57.30 billion, a price-to-earnings ratio of 25.77, a P/E/G ratio of 1.92 and a beta of 0.83.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data on Thursday, October 26th. The specialty retailer reported $10.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $10.36 by $0.36. O’Reilly Automotive had a net margin of 14.86% and a negative return on equity of 152.96%. The firm had revenue of $4.20 billion during the quarter, compared to the consensus estimate of $4.09 billion. During the same quarter in the previous year, the firm posted $9.17 EPS. The company’s revenue for the quarter was up 10.7% compared to the same quarter last year. Research analysts forecast that O’Reilly Automotive, Inc. will post 38.2 earnings per share for the current year.

About O’Reilly Automotive

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.