Choreo LLC Has $5.68 Million Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Choreo LLC lessened its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 3.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,799 shares of the specialty retailer’s stock after selling 175 shares during the period. Choreo LLC’s holdings in O’Reilly Automotive were worth $5,675,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of ORLY. Asset Dedication LLC lifted its holdings in shares of O’Reilly Automotive by 6.2% in the third quarter. Asset Dedication LLC now owns 155 shares of the specialty retailer’s stock valued at $178,000 after purchasing an additional 9 shares in the last quarter. Marks Group Wealth Management Inc raised its position in O’Reilly Automotive by 1.5% in the 3rd quarter. Marks Group Wealth Management Inc now owns 605 shares of the specialty retailer’s stock valued at $697,000 after buying an additional 9 shares during the last quarter. Venturi Wealth Management LLC lifted its stake in O’Reilly Automotive by 8.5% in the 3rd quarter. Venturi Wealth Management LLC now owns 115 shares of the specialty retailer’s stock valued at $132,000 after acquiring an additional 9 shares in the last quarter. Metis Global Partners LLC boosted its position in O’Reilly Automotive by 0.5% during the 3rd quarter. Metis Global Partners LLC now owns 1,863 shares of the specialty retailer’s stock worth $2,145,000 after acquiring an additional 9 shares during the last quarter. Finally, L.M. Kohn & Company grew its stake in shares of O’Reilly Automotive by 1.4% during the 3rd quarter. L.M. Kohn & Company now owns 654 shares of the specialty retailer’s stock worth $753,000 after acquiring an additional 9 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at O’Reilly Automotive

In other O’Reilly Automotive news, Director Andrea Weiss sold 600 shares of the company’s stock in a transaction on 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 transaction, the director now directly 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 filing with the SEC, which is available through this hyperlink. Also, SVP Jeffery Thomas Loafman sold 620 shares of O’Reilly Automotive stock in a transaction on Monday, November 25th. The stock was 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 of the company’s stock, valued at $6,201.95. This represents a 99.20 % decrease in their position. The disclosure for this sale can be found here. 1.55% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages have recently commented on ORLY. BNP Paribas raised shares of O’Reilly Automotive to a “strong-buy” rating in a research report on Friday, October 25th. Royal Bank of Canada boosted their price target on shares of O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the stock an “outperform” rating in a research report on Friday, October 25th. Wedbush restated a “neutral” rating and issued a $1,200.00 price objective on shares of O’Reilly Automotive in a report on Thursday, October 24th. Roth Mkm reiterated a “buy” rating and set a $1,337.00 target price on shares of O’Reilly Automotive in a report on Wednesday, October 16th. Finally, Evercore ISI increased their price target on O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an “outperform” rating in a research report on Tuesday, December 3rd. Two analysts have rated the stock with a hold rating, sixteen have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $1,301.82.

O’Reilly Automotive Price Performance

NASDAQ:ORLY opened at $1,348.24 on Thursday. The company has a market cap of $77.84 billion, a P/E ratio of 33.36, a P/E/G ratio of 2.40 and a beta of 0.94. The firm’s fifty day moving average price is $1,236.84 and its two-hundred day moving average price is $1,183.37. O’Reilly Automotive, Inc. has a one year low of $947.49 and a one year high of $1,350.27.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 EPS for the quarter, beating analysts’ consensus estimates of $9.73 by $0.23. O’Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. As a group, equities research analysts expect that O’Reilly Automotive, Inc. will post 40.86 earnings per share for the current 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.