Quent Capital LLC Has $484,000 Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Quent Capital LLC lifted its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 17.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 408 shares of the specialty retailer’s stock after buying an additional 60 shares during the quarter. Quent Capital LLC’s holdings in O’Reilly Automotive were worth $484,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. AlphaMark Advisors LLC acquired a new stake in O’Reilly Automotive during the fourth quarter worth approximately $30,000. Darwin Wealth Management LLC bought a new position in shares of O’Reilly Automotive during the third quarter worth approximately $32,000. Trifecta Capital Advisors LLC increased its stake in shares of O’Reilly Automotive by 383.3% during the third quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock worth $33,000 after purchasing an additional 23 shares during the period. MidAtlantic Capital Management Inc. acquired a new stake in O’Reilly Automotive during the 3rd quarter worth approximately $37,000. Finally, Princeton Global Asset Management LLC bought a new stake in O’Reilly Automotive in the 3rd quarter valued at $41,000. Institutional investors own 85.00% of the company’s stock.

Analysts Set New Price Targets

ORLY has been the topic of several recent research reports. Royal Bank of Canada increased their price objective on O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the stock an “outperform” rating in a research report on Friday, February 7th. JPMorgan Chase & Co. lifted their price objective on shares of O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 16th. Guggenheim boosted their price objective on shares of O’Reilly Automotive from $1,400.00 to $1,475.00 and gave the company a “buy” rating in a report on Friday, February 7th. Wells Fargo & Company raised their target price on shares of O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the stock an “overweight” rating in a report on Tuesday, January 28th. Finally, StockNews.com upgraded O’Reilly Automotive from a “hold” rating to a “buy” rating in a research note on Wednesday, January 22nd. Two equities research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $1,390.81.

Insider Activity at O’Reilly Automotive

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 completion of the transaction, the director now 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 Securities & Exchange Commission, which is available at this link. Also, SVP Jeffery Thomas Loafman sold 620 shares of O’Reilly Automotive stock in a transaction dated Monday, November 25th. The shares were 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 in the company, valued at $6,201.95. The trade was 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 owned by insiders.

O’Reilly Automotive Stock Up 1.1 %

Shares of ORLY stock opened at $1,323.94 on Wednesday. The business has a fifty day simple moving average of $1,243.39 and a 200 day simple moving average of $1,190.81. The company has a market cap of $76.43 billion, a P/E ratio of 32.56, a P/E/G ratio of 2.50 and a beta of 0.94. O’Reilly Automotive, Inc. has a twelve month low of $947.49 and a twelve month high of $1,350.27.

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 EPS for the quarter, topping the consensus estimate of $9.73 by $0.23. O’Reilly Automotive had a negative return on equity of 166.88% and a net margin of 14.28%. As a group, equities research analysts anticipate that O’Reilly Automotive, Inc. will post 44.16 earnings per share for the current fiscal year.

About O’Reilly Automotive

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.