Versor Investments LP Invests $827,000 in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Versor Investments LP acquired a new position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 697 shares of the specialty retailer’s stock, valued at approximately $827,000.

A number of other institutional investors and hedge funds have also modified their holdings of ORLY. AlphaMark Advisors LLC bought a new position in O’Reilly Automotive during the fourth quarter worth $30,000. Darwin Wealth Management LLC bought a new position in O’Reilly Automotive during the third quarter worth $32,000. Kestra Investment Management LLC bought a new position in O’Reilly Automotive during the fourth quarter worth $32,000. MidAtlantic Capital Management Inc. bought a new position in O’Reilly Automotive during the third quarter worth $37,000. Finally, Princeton Global Asset Management LLC bought a new position in O’Reilly Automotive during the third quarter worth $41,000. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

ORLY has been the topic of a number of research reports. UBS Group boosted their target price on shares of O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the stock a “buy” rating in a research report on Friday, February 7th. BMO Capital Markets boosted their target price on shares of O’Reilly Automotive from $1,400.00 to $1,450.00 and gave the stock an “outperform” rating in a research report on Monday, February 10th. StockNews.com lowered shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a research report on Tuesday. Mizuho boosted their price target on shares of O’Reilly Automotive from $1,305.00 to $1,400.00 and gave the company an “outperform” rating in a report on Friday, February 7th. Finally, Wedbush boosted their price target on shares of O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the company a “neutral” rating in a report on Thursday, February 6th. Three research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, O’Reilly Automotive currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,390.81.

O’Reilly Automotive Stock Performance

ORLY opened at $1,373.64 on Friday. The firm’s 50-day simple moving average is $1,264.60 and its 200-day simple moving average is $1,209.61. O’Reilly Automotive, Inc. has a twelve month low of $947.49 and a twelve month high of $1,378.76. The firm has a market cap of $79.30 billion, a price-to-earnings ratio of 33.78, a PEG ratio of 2.34 and a beta of 0.94.

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, topping 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%. As a group, sell-side analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Insider Buying and Selling

In related news, SVP Mark Joseph Merz sold 500 shares of the company’s stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $1,325.00, for a total transaction of $662,500.00. Following the transaction, the senior vice president now owns 275 shares in the company, valued at $364,375. This represents a 64.52 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Maria Sastre sold 248 shares of the company’s stock in a transaction dated 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 transaction, the director now owns 971 shares in the company, valued at approximately $1,278,001.07. This trade represents a 20.34 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 7,894 shares of company stock worth $10,409,618 in the last 90 days. Corporate insiders own 1.55% of the company’s stock.

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.