Brown Advisory Inc. lessened its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 9.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,833 shares of the specialty retailer’s stock after selling 1,123 shares during the period. Brown Advisory Inc.’s holdings in O’Reilly Automotive were worth $2,334,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Proficio Capital Partners LLC increased its stake in shares of O’Reilly Automotive by 1.0% in the second quarter. Proficio Capital Partners LLC now owns 501 shares of the specialty retailer’s stock worth $105,000 after buying an additional 5 shares during the last quarter. HL Financial Services LLC increased its stake in shares of O’Reilly Automotive by 1.4% in the second quarter. HL Financial Services LLC now owns 2,005 shares of the specialty retailer’s stock worth $439,000 after buying an additional 27 shares during the last quarter. First Personal Financial Services increased its stake in shares of O’Reilly Automotive by 3.8% in the second quarter. First Personal Financial Services now owns 1,049 shares of the specialty retailer’s stock worth $230,000 after buying an additional 38 shares during the last quarter. Pacer Advisors Inc. increased its stake in shares of O’Reilly Automotive by 1.4% in the second quarter. Pacer Advisors Inc. now owns 3,053 shares of the specialty retailer’s stock worth $668,000 after buying an additional 42 shares during the last quarter. Finally, Monetary Management Group Inc. increased its stake in shares of O’Reilly Automotive by 16.3% in the second quarter. Monetary Management Group Inc. now owns 465 shares of the specialty retailer’s stock worth $102,000 after buying an additional 65 shares during the last quarter. Institutional investors and hedge funds own 88.56% of the company’s stock.

A number of analysts recently issued reports on the stock. Moffett Nathanson assumed coverage on shares of O’Reilly Automotive in a research note on Monday. They issued a “buy” rating for the company. Citigroup boosted their target price on shares of O’Reilly Automotive from $276.00 to $283.00 and gave the company a “buy” rating in a research note on Friday, October 27th. Robert W. Baird reiterated a “hold” rating and set a $220.00 target price on shares of O’Reilly Automotive in a research note on Friday, October 27th. UBS reiterated a “buy” rating and set a $240.00 target price (up previously from $230.00) on shares of O’Reilly Automotive in a research note on Thursday, October 19th. Finally, Oppenheimer reiterated a “buy” rating on shares of O’Reilly Automotive in a research note on Wednesday, August 9th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $243.48.

In other news, SVP Scott E. Kraus sold 8,500 shares of the company’s stock in a transaction dated Monday, December 4th. The shares were sold at an average price of $237.84, for a total transaction of $2,021,640.00. Following the completion of the transaction, the senior vice president now owns 4,959 shares in the company, valued at $1,179,448.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Randy Johnson sold 1,040 shares of the company’s stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $215.98, for a total transaction of $224,619.20. The disclosure for this sale can be found here. Insiders have sold 149,945 shares of company stock valued at $33,756,392 in the last 90 days. Insiders own 3.12% of the company’s stock.

O’Reilly Automotive, Inc. (ORLY) opened at $245.83 on Thursday. The company has a market cap of $21,274.78, a PE ratio of 21.74, a PEG ratio of 1.48 and a beta of 0.84. The company has a current ratio of 0.93, a quick ratio of 0.10 and a debt-to-equity ratio of 4.72. O’Reilly Automotive, Inc. has a 12-month low of $169.43 and a 12-month high of $286.57.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Wednesday, October 25th. The specialty retailer reported $3.22 EPS for the quarter, topping the consensus estimate of $3.15 by $0.07. The business had revenue of $2.34 billion during the quarter, compared to analyst estimates of $2.34 billion. O’Reilly Automotive had a net margin of 12.13% and a return on equity of 93.18%. The company’s quarterly revenue was up 5.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.90 earnings per share. research analysts expect that O’Reilly Automotive, Inc. will post 11.91 EPS for the current fiscal year.

O’Reilly Automotive announced that its board has authorized a stock repurchase program on Friday, September 1st that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the specialty retailer to reacquire up to 5.8% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s leadership believes its stock is undervalued.

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About O’Reilly Automotive

O’Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. The Company sells its products to both do-it-yourself (DIY) and professional service provider customers. The Company’s product line includes new and remanufactured automotive hard parts, such as alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature control, chassis parts, driveline parts and engine parts; maintenance items, such as oil, antifreeze, fluids, filters, wiper blades, lighting, engine additives and appearance products, and accessories, such as floor mats, seat covers and truck accessories.

Institutional Ownership by Quarter for O`Reilly Automotive (NASDAQ:ORLY)

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