Capital Investment Advisory Services LLC Sells 95 Shares of O’Reilly Automotive Inc (NASDAQ:ORLY)

Capital Investment Advisory Services LLC decreased its position in shares of O’Reilly Automotive Inc (NASDAQ:ORLY) by 23.6% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 308 shares of the specialty retailer’s stock after selling 95 shares during the quarter. Capital Investment Advisory Services LLC’s holdings in O’Reilly Automotive were worth $123,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ORLY. Invesco Ltd. boosted its holdings in O’Reilly Automotive by 74.8% during the second quarter. Invesco Ltd. now owns 2,016,087 shares of the specialty retailer’s stock worth $744,582,000 after buying an additional 862,531 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in O’Reilly Automotive by 14.5% during the second quarter. JPMorgan Chase & Co. now owns 4,013,656 shares of the specialty retailer’s stock worth $1,475,299,000 after buying an additional 509,286 shares in the last quarter. Nuveen Asset Management LLC boosted its holdings in O’Reilly Automotive by 958.6% during the second quarter. Nuveen Asset Management LLC now owns 452,924 shares of the specialty retailer’s stock worth $167,274,000 after buying an additional 410,139 shares in the last quarter. Diamond Hill Capital Management Inc. purchased a new stake in O’Reilly Automotive during the second quarter worth $140,345,000. Finally, Bank of America Corp DE boosted its holdings in O’Reilly Automotive by 18.7% during the second quarter. Bank of America Corp DE now owns 1,182,500 shares of the specialty retailer’s stock worth $436,720,000 after buying an additional 186,308 shares in the last quarter. Institutional investors own 85.86% of the company’s stock.

ORLY has been the topic of several recent analyst reports. ValuEngine downgraded shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. Wolfe Research raised shares of O’Reilly Automotive from a “peer perform” rating to an “outperform” rating and set a $436.00 price target on the stock in a research note on Tuesday, October 8th. Morgan Stanley raised their price target on shares of O’Reilly Automotive from $400.00 to $430.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 24th. Wedbush raised their price target on shares of O’Reilly Automotive from $380.00 to $425.00 and gave the stock a “neutral” rating in a research note on Thursday, October 24th. They noted that the move was a valuation call. Finally, Goldman Sachs Group set a $479.00 price target on shares of O’Reilly Automotive and gave the stock a “buy” rating in a research note on Friday, October 25th. Thirteen analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. O’Reilly Automotive currently has an average rating of “Hold” and a consensus target price of $489.53.

In other news, SVP Jason Lee Tarrant sold 651 shares of the firm’s stock in a transaction on Monday, August 12th. The stock was sold at an average price of $370.69, for a total transaction of $241,319.19. Following the transaction, the senior vice president now directly owns 1,941 shares of the company’s stock, valued at $719,509.29. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Jonathan Wyatt Andrews sold 6,250 shares of the firm’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $440.51, for a total value of $2,753,187.50. Following the transaction, the senior vice president now directly owns 6,756 shares in the company, valued at $2,976,085.56. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 66,958 shares of company stock valued at $29,272,722. Company insiders own 2.52% of the company’s stock.

Shares of NASDAQ:ORLY traded down $1.03 during trading on Friday, hitting $439.23. 256,400 shares of the company were exchanged, compared to its average volume of 613,447. The company has a debt-to-equity ratio of 32.16, a current ratio of 0.81 and a quick ratio of 0.08. O’Reilly Automotive Inc has a 12-month low of $326.71 and a 12-month high of $446.78. The firm’s 50 day moving average price is $410.60 and its 200-day moving average price is $388.03. The stock has a market capitalization of $33.19 billion, a P/E ratio of 27.28, a PEG ratio of 1.71 and a beta of 0.70.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data on Wednesday, October 23rd. The specialty retailer reported $5.08 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $4.79 by $0.29. The company had revenue of $2.67 billion during the quarter, compared to the consensus estimate of $2.64 billion. O’Reilly Automotive had a net margin of 13.69% and a return on equity of 527.13%. O’Reilly Automotive’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter last year, the company earned $4.50 earnings per share. As a group, equities research analysts anticipate that O’Reilly Automotive Inc will post 17.9 EPS for the current year.

About O’Reilly Automotive

O'Reilly Automotive, Inc, together with its subsidiaries, engages in the retail of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States. The company provides new and remanufactured automotive hard parts, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, and temperature control and water pumps; maintenance items comprising antifreeze and lighting products, appearance products, engine additives, filters, fluids, and oil and wiper blades; and accessories, such as 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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