ST. Nicholas Private Asset Management Inc. Buys Shares of 2,206 O’Reilly Automotive, Inc. (NASDAQ:ORLY)

ST. Nicholas Private Asset Management Inc. bought a new stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 2,206 shares of the specialty retailer’s stock, valued at approximately $2,616,000. O’Reilly Automotive accounts for about 2.3% of ST. Nicholas Private Asset Management Inc.’s investment portfolio, making the stock its 15th largest position.

A number of other institutional investors have also added to or reduced their stakes in the business. Foundations Investment Advisors LLC bought a new stake in shares of O’Reilly Automotive in the 3rd quarter valued at about $205,000. Private Advisor Group LLC boosted its holdings in shares of O’Reilly Automotive by 9.9% in the 3rd quarter. Private Advisor Group LLC now owns 2,660 shares of the specialty retailer’s stock valued at $3,063,000 after buying an additional 239 shares in the last quarter. Moody Lynn & Lieberson LLC boosted its holdings in shares of O’Reilly Automotive by 15.7% in the 3rd quarter. Moody Lynn & Lieberson LLC now owns 266 shares of the specialty retailer’s stock valued at $306,000 after buying an additional 36 shares in the last quarter. Ballentine Partners LLC boosted its holdings in shares of O’Reilly Automotive by 3.6% in the 3rd quarter. Ballentine Partners LLC now owns 1,012 shares of the specialty retailer’s stock valued at $1,165,000 after buying an additional 35 shares in the last quarter. Finally, Lake Street Advisors Group LLC boosted its holdings in shares of O’Reilly Automotive by 4.3% in the 3rd quarter. Lake Street Advisors Group LLC now owns 610 shares of the specialty retailer’s stock valued at $702,000 after buying an additional 25 shares in the last quarter. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Wells Fargo & Company raised their price target on shares of O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the company an “overweight” rating in a report on Tuesday, January 28th. BMO Capital Markets raised their price target on shares of O’Reilly Automotive from $1,400.00 to $1,450.00 and gave the company an “outperform” rating in a report on Monday, February 10th. Barclays raised their price target on shares of O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the company an “equal weight” rating in a report on Friday, February 7th. UBS Group raised their price target on shares of O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the company a “buy” rating in a report on Friday, February 7th. Finally, StockNews.com upgraded shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a research note on Wednesday, January 22nd. Two analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $1,390.81.

O’Reilly Automotive Price Performance

NASDAQ:ORLY opened at $1,303.41 on Friday. The firm has a market cap of $75.25 billion, a price-to-earnings ratio of 32.06, a price-to-earnings-growth ratio of 2.34 and a beta of 0.94. The company has a 50 day moving average price of $1,253.69 and a 200-day moving average price of $1,202.38. O’Reilly Automotive, Inc. has a 1-year low of $947.49 and a 1-year high of $1,350.27.

O’Reilly Automotive (NASDAQ:ORLY) last posted its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share for the quarter, beating the consensus estimate of $9.73 by $0.23. O’Reilly Automotive had a net margin of 14.28% and a negative return on equity of 166.88%. On average, sell-side analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Insider Activity

In related news, SVP Mark Joseph Merz sold 500 shares of the business’s stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $1,325.00, for a total value of $662,500.00. Following the completion of the sale, the senior vice president now owns 275 shares of the company’s stock, valued at approximately $364,375. The trade was a 64.52 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Maria Sastre sold 248 shares of the business’s stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $1,316.17, for a total transaction of $326,410.16. Following the completion of the sale, the director now directly owns 971 shares of the company’s stock, valued at approximately $1,278,001.07. The trade was a 20.34 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 2,201 shares of company stock valued at $2,840,852 in the last three months. 1.55% of the stock is currently owned by corporate insiders.

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.