Royal London Asset Management Ltd. lessened its holdings in O’Reilly Automotive Inc (NASDAQ:ORLY) by 8.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 30,116 shares of the specialty retailer’s stock after selling 2,623 shares during the quarter. Royal London Asset Management Ltd.’s holdings in O’Reilly Automotive were worth $11,122,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in ORLY. Isthmus Partners LLC bought a new stake in O’Reilly Automotive in the 1st quarter valued at $6,309,000. FMR LLC increased its holdings in O’Reilly Automotive by 28.6% in the 1st quarter. FMR LLC now owns 1,496,125 shares of the specialty retailer’s stock valued at $580,945,000 after buying an additional 332,297 shares during the period. Janus Henderson Group PLC increased its holdings in O’Reilly Automotive by 73.2% in the 1st quarter. Janus Henderson Group PLC now owns 651,238 shares of the specialty retailer’s stock valued at $252,882,000 after buying an additional 275,197 shares during the period. Geode Capital Management LLC increased its holdings in O’Reilly Automotive by 9.9% in the 4th quarter. Geode Capital Management LLC now owns 1,121,559 shares of the specialty retailer’s stock valued at $385,559,000 after buying an additional 100,713 shares during the period. Finally, BNP Paribas Arbitrage SA increased its holdings in O’Reilly Automotive by 232.1% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 100,652 shares of the specialty retailer’s stock valued at $37,173,000 after buying an additional 70,343 shares during the period. 85.49% of the stock is currently owned by hedge funds and other institutional investors.

Several brokerages have issued reports on ORLY. Wells Fargo & Co boosted their price target on shares of O’Reilly Automotive from $415.00 to $445.00 and gave the company an “outperform” rating in a report on Thursday, April 18th. Zacks Investment Research downgraded shares of O’Reilly Automotive from a “hold” rating to a “sell” rating and set a $427.00 target price on the stock. in a research note on Friday, July 19th. Raymond James boosted their target price on shares of O’Reilly Automotive from $435.00 to $460.00 and gave the company a “strong-buy” rating in a research note on Thursday, July 25th. ValuEngine downgraded shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Finally, Royal Bank of Canada set a $428.00 target price on shares of O’Reilly Automotive and gave the company a “buy” rating in a research note on Wednesday, August 7th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, eight have issued a buy rating and two have given a strong buy rating to the stock. O’Reilly Automotive currently has an average rating of “Buy” and a consensus target price of $410.00.

Shares of NASDAQ:ORLY traded down $3.07 on Wednesday, hitting $370.47. The stock had a trading volume of 19,401 shares, compared to its average volume of 659,023. O’Reilly Automotive Inc has a twelve month low of $314.14 and a twelve month high of $414.63. The company has a quick ratio of 0.10, a current ratio of 0.85 and a debt-to-equity ratio of 37.43. The company has a 50 day moving average of $384.00. The company has a market cap of $28.96 billion, a P/E ratio of 23.03, a price-to-earnings-growth ratio of 1.53 and a beta of 0.73.

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results on Wednesday, July 24th. The specialty retailer reported $4.51 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $4.67 by ($0.16). O’Reilly Automotive had a net margin of 13.69% and a return on equity of 391.89%. The firm had revenue of $2.59 billion during the quarter, compared to analyst estimates of $2.61 billion. During the same quarter in the prior year, the firm posted $4.28 EPS. The firm’s revenue for the quarter was up 5.4% on a year-over-year basis. On average, sell-side analysts forecast that O’Reilly Automotive Inc will post 17.54 EPS for the current fiscal year.

In related news, SVP Jeffrey Alan Lauro purchased 150 shares of O’Reilly Automotive stock in a transaction that occurred on Monday, August 5th. The shares were acquired at an average price of $368.33 per share, for a total transaction of $55,249.50. Following the transaction, the senior vice president now directly owns 422 shares in the company, valued at $155,435.26. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director John Raymond Murphy sold 528 shares of the company’s stock in a transaction dated Tuesday, May 21st. The stock was sold at an average price of $361.05, for a total transaction of $190,634.40. The disclosure for this sale can be found here. 2.52% of the stock is owned by corporate insiders.

O’Reilly Automotive Company Profile

O'Reilly Automotive, Inc, together with its subsidiaries, engages in the retail of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States. The company provides new and remanufactured automotive hard parts, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, and temperature control and water pumps; maintenance items comprising antifreeze and lighting products, appearance products, engine additives, filters, fluids, and oil and wiper blades; and accessories, such as floor mats, seat covers, and truck accessories.

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

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