Center For Asset Management LLC Acquires New Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Center For Asset Management LLC bought a new position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the fourth quarter, HoldingsChannel reports. The firm bought 177 shares of the specialty retailer’s stock, valued at approximately $210,000.

Other hedge funds also recently made changes to their positions in the company. Wellington Management Group LLP lifted its stake in O’Reilly Automotive by 73.0% during the third quarter. Wellington Management Group LLP now owns 1,725,316 shares of the specialty retailer’s stock worth $1,986,874,000 after purchasing an additional 728,040 shares during the last quarter. Geode Capital Management LLC lifted its position in O’Reilly Automotive by 1.7% in the 3rd quarter. Geode Capital Management LLC now owns 1,479,166 shares of the specialty retailer’s stock valued at $1,700,513,000 after purchasing an additional 24,135 shares during the last quarter. International Assets Investment Management LLC grew its position in O’Reilly Automotive by 99,957.0% in the 3rd quarter. International Assets Investment Management LLC now owns 854,487 shares of the specialty retailer’s stock worth $984,027,000 after purchasing an additional 853,633 shares during the last quarter. Massachusetts Financial Services Co. MA increased its stake in shares of O’Reilly Automotive by 28.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 601,612 shares of the specialty retailer’s stock valued at $692,816,000 after purchasing an additional 133,139 shares during the period. Finally, Mizuho Securities USA LLC increased its stake in shares of O’Reilly Automotive by 10,626.8% in the third quarter. Mizuho Securities USA LLC now owns 487,212 shares of the specialty retailer’s stock valued at $5,393,000 after purchasing an additional 482,670 shares during the period. Institutional investors and hedge funds own 85.00% of the company’s stock.

Analyst Ratings Changes

ORLY has been the subject of a number of recent analyst reports. Wells Fargo & Company increased their price objective on O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the stock an “overweight” rating in a report on Monday, October 14th. Morgan Stanley raised O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $1,150.00 to $1,450.00 in a report on Tuesday, January 21st. TD Cowen upped their price objective on shares of O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Roth Mkm reissued a “buy” rating and set a $1,337.00 target price on shares of O’Reilly Automotive in a research note on Wednesday, October 16th. Finally, BMO Capital Markets started coverage on shares of O’Reilly Automotive in a research note on Friday, December 13th. They issued an “outperform” rating and a $1,400.00 price target for the company. Two analysts have rated the stock with a hold rating, sixteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $1,295.94.

O’Reilly Automotive Trading Down 0.6 %

Shares of NASDAQ ORLY opened at $1,254.00 on Monday. The firm has a market capitalization of $72.39 billion, a PE ratio of 31.02, a PEG ratio of 2.30 and a beta of 0.94. O’Reilly Automotive, Inc. has a one year low of $947.49 and a one year high of $1,283.96. The business has a 50-day moving average price of $1,225.18 and a two-hundred day moving average price of $1,170.48.

Insider Buying and Selling

In other O’Reilly Automotive news, Director Andrea Weiss sold 600 shares of the company’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $1,224.07, for a total value of $734,442.00. Following the transaction, the director now directly owns 700 shares of the company’s stock, valued at $856,849. This represents a 46.15 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Jeffery Thomas Loafman sold 620 shares of the firm’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total value of $769,041.80. Following the sale, the senior vice president now directly owns 5 shares of the company’s stock, valued at $6,201.95. This trade represents a 99.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.55% of the stock is currently owned by corporate insiders.

O’Reilly Automotive Company 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.