O’Reilly Automotive, Inc. $ORLY Stake Lowered by CENTRAL TRUST Co

CENTRAL TRUST Co lowered its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 0.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 792,730 shares of the specialty retailer’s stock after selling 7,346 shares during the period. O’Reilly Automotive comprises 1.2% of CENTRAL TRUST Co’s portfolio, making the stock its 22nd largest holding. CENTRAL TRUST Co owned 0.10% of O’Reilly Automotive worth $67,707,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in shares of O’Reilly Automotive during the 2nd quarter valued at approximately $5,950,042,000. Bank of New York Mellon Corp purchased a new stake in shares of O’Reilly Automotive during the 2nd quarter worth approximately $1,023,936,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of O’Reilly Automotive by 1.5% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 9,329,667 shares of the specialty retailer’s stock worth $859,169,000 after acquiring an additional 141,915 shares during the period. Amundi grew its holdings in shares of O’Reilly Automotive by 19.7% in the 1st quarter. Amundi now owns 8,497,984 shares of the specialty retailer’s stock worth $784,449,000 after acquiring an additional 1,397,671 shares during the period. Finally, Bank of America Corp DE acquired a new stake in shares of O’Reilly Automotive in the 2nd quarter worth approximately $721,747,000. 85.00% of the stock is currently owned by institutional investors and hedge funds.

O’Reilly Automotive Price Performance

Shares of NASDAQ ORLY opened at $90.54 on Thursday. The firm’s 50-day moving average is $87.42 and its two-hundred day moving average is $90.30. The company has a market capitalization of $72.62 billion, a PE ratio of 27.77, a price-to-earnings-growth ratio of 2.12 and a beta of 0.55. O’Reilly Automotive, Inc. has a 12-month low of $82.59 and a 12-month high of $102.46.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data on Wednesday, October 28th. The specialty retailer reported $0.97 earnings per share for the quarter, topping analysts’ consensus estimates of $0.93 by $0.04. O’Reilly Automotive had a net margin of 14.27% and a negative return on equity of 188.24%. The business had revenue of $5.12 billion during the quarter, compared to analysts’ expectations of $5.02 billion. During the same period last year, the company posted $0.85 EPS. The company’s revenue was up 8.8% on a year-over-year basis. On average, analysts forecast that O’Reilly Automotive, Inc. will post 3.31 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently weighed in on ORLY. UBS Group reaffirmed a “buy” rating and issued a $122.00 price objective (up from $120.00) on shares of O’Reilly Automotive in a research note on Thursday, October 29th. BNP Paribas Exane decreased their target price on O’Reilly Automotive from $116.00 to $115.00 and set an “outperform” rating on the stock in a research report on Friday, July 31st. Bank of America began coverage on O’Reilly Automotive in a report on Monday, October 26th. They issued a “buy” rating and a $106.00 target price on the stock. Wells Fargo & Company upped their target price on O’Reilly Automotive from $100.00 to $105.00 and gave the company an “overweight” rating in a report on Thursday, October 29th. Finally, Sanford C. Bernstein assumed coverage on O’Reilly Automotive in a research report on Tuesday, September 29th. They issued a “market perform” rating and a $94.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $108.00.

Insider Buying and Selling

In other O’Reilly Automotive news, Chairman Gregory Henslee sold 138,705 shares of the stock in a transaction on Wednesday, November 4th. The stock was sold at an average price of $91.75, for a total transaction of $12,726,183.75. Following the sale, the chairman owned 241,950 shares in the company, valued at approximately $22,198,912.50. This represents a 36.44% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Maria Sastre sold 1,200 shares of the firm’s stock in a transaction on Wednesday, November 4th. The stock was sold at an average price of $91.72, for a total value of $110,064.00. Following the transaction, the director directly owned 13,770 shares of the company’s stock, valued at $1,262,984.40. The trade was a 8.02% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 148,655 shares of company stock worth $13,623,283 in the last quarter. Corporate insiders own 0.77% of the company’s stock.

O’Reilly Automotive Company Profile

O’Reilly Automotive, Inc. is a specialty retailer of automotive aftermarket parts, tools and accessories. Its products serve both do-it-yourself customers maintaining their own vehicles and professional repair shops. The company also offers services such as battery testing, check-engine-light code reading and parts installation assistance. Its operations include retail stores and distribution centers that support customers and professional service providers. Founded in 1957 by Charles F. O’Reilly and his son Charles H. O’Reilly, the company opened its first store in Springfield, Missouri.