Shaker Investments LLC OH Takes Position in O’Reilly Automotive Inc (NASDAQ:ORLY)

Shaker Investments LLC OH purchased a new stake in shares of O’Reilly Automotive Inc (NASDAQ:ORLY) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 1,620 shares of the specialty retailer’s stock, valued at approximately $646,000.

Other large investors also recently modified their holdings of the company. Invesco Ltd. boosted its position in shares of O’Reilly Automotive by 74.8% during the second quarter. Invesco Ltd. now owns 2,016,087 shares of the specialty retailer’s stock valued at $744,582,000 after buying an additional 862,531 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of 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 valued at $1,475,299,000 after buying an additional 509,286 shares during the last quarter. Nuveen Asset Management LLC boosted its position in shares of 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 valued at $167,274,000 after buying an additional 410,139 shares during the last quarter. Diamond Hill Capital Management Inc. purchased a new stake in shares of O’Reilly Automotive during the second quarter valued at $140,345,000. Finally, Bank of America Corp DE boosted its position in shares of 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 valued at $436,720,000 after buying an additional 186,308 shares during the last quarter. Hedge funds and other institutional investors own 85.78% of the company’s stock.

In other O’Reilly Automotive news, Director John Raymond Murphy sold 122 shares of the firm’s stock in a transaction dated Tuesday, July 30th. The stock was sold at an average price of $385.92, for a total value of $47,082.24. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Jeffrey Alan Lauro bought 150 shares of the company’s stock in a transaction on Monday, August 5th. The stock was purchased at an average cost of $368.33 per share, for a total transaction of $55,249.50. Following the completion of the transaction, the senior vice president now directly owns 422 shares of the company’s stock, valued at approximately $155,435.26. The disclosure for this purchase can be found here. Insiders sold 6,773 shares of company stock worth $2,844,481 over the last three months. Insiders own 2.52% of the company’s stock.

NASDAQ:ORLY traded up $4.21 on Monday, hitting $442.75. The stock had a trading volume of 39,965 shares, compared to its average volume of 456,628. The stock has a market cap of $33.46 billion, a price-to-earnings ratio of 27.50, a price-to-earnings-growth ratio of 1.74 and a beta of 0.72. The company has a quick ratio of 0.10, a current ratio of 0.81 and a debt-to-equity ratio of 32.16. The business’s 50-day simple moving average is $398.88 and its two-hundred day simple moving average is $385.67. O’Reilly Automotive Inc has a 52-week low of $315.00 and a 52-week high of $446.78.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Wednesday, October 23rd. The specialty retailer reported $5.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.79 by $0.29. The business had revenue of $2.67 billion for the quarter, compared to analysts’ expectations of $2.64 billion. O’Reilly Automotive had a return on equity of 527.13% and a net margin of 13.69%. The business’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same period last year, the firm posted $4.50 earnings per share. As a group, equities research analysts anticipate that O’Reilly Automotive Inc will post 17.91 EPS for the current year.

ORLY has been the topic of several recent analyst reports. Wedbush increased their price objective on O’Reilly Automotive from $380.00 to $425.00 and gave the company a “neutral” rating in a research report on Thursday. They noted that the move was a valuation call. ValuEngine cut O’Reilly Automotive from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. Citigroup cut O’Reilly Automotive from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $441.00 to $430.00 in a research report on Friday, September 13th. Wolfe Research raised O’Reilly Automotive from a “peer perform” rating to an “outperform” rating and set a $436.00 price objective on the stock in a research report on Tuesday, October 8th. Finally, UBS Group set a $495.00 price objective on O’Reilly Automotive and gave the company a “buy” rating in a research report on Friday. Twelve research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $435.21.

O’Reilly Automotive Company Profile

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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