O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Sold by Private Trust Co. NA

Private Trust Co. NA lowered its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 14.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 488 shares of the specialty retailer’s stock after selling 83 shares during the period. Private Trust Co. NA’s holdings in O’Reilly Automotive were worth $579,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Assetmark Inc. raised its position in shares of O’Reilly Automotive by 20.8% in the third quarter. Assetmark Inc. now owns 18,580 shares of the specialty retailer’s stock valued at $21,396,000 after buying an additional 3,193 shares during the last quarter. Annex Advisory Services LLC grew its holdings in O’Reilly Automotive by 23.2% in the 4th quarter. Annex Advisory Services LLC now owns 34,027 shares of the specialty retailer’s stock valued at $40,349,000 after buying an additional 6,418 shares during the period. CIBC Asset Management Inc increased its stake in shares of O’Reilly Automotive by 4.7% during the 3rd quarter. CIBC Asset Management Inc now owns 19,597 shares of the specialty retailer’s stock valued at $22,568,000 after acquiring an additional 882 shares during the last quarter. Montecito Bank & Trust acquired a new position in shares of O’Reilly Automotive during the 4th quarter valued at about $365,000. Finally, Y Intercept Hong Kong Ltd lifted its holdings in shares of O’Reilly Automotive by 824.6% during the 4th quarter. Y Intercept Hong Kong Ltd now owns 3,606 shares of the specialty retailer’s stock worth $4,276,000 after acquiring an additional 3,216 shares during the period. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Insider Activity

In other news, Director Maria Sastre sold 248 shares of the stock in a transaction that occurred on 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 completion of the transaction, the director now directly owns 971 shares in the company, valued at approximately $1,278,001.07. This represents a 20.34 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP Mark Joseph Merz sold 500 shares of the firm’s stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $1,325.00, for a total transaction of $662,500.00. Following the sale, the senior vice president now directly owns 275 shares of the company’s stock, valued at $364,375. The trade was a 64.52 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 7,894 shares of company stock worth $10,409,618 over the last ninety days. Corporate insiders own 1.55% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on ORLY shares. StockNews.com downgraded shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th. Mizuho boosted their price objective on shares of O’Reilly Automotive from $1,305.00 to $1,400.00 and gave the company an “outperform” rating in a research note on Friday, February 7th. BMO Capital Markets increased their target price on 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. UBS Group boosted their price target on O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the company a “buy” rating in a research report on Friday, February 7th. Finally, Evercore ISI raised their price objective on O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the stock an “outperform” rating in a report on Tuesday, December 3rd. Three analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,390.81.

O’Reilly Automotive Stock Up 1.5 %

NASDAQ ORLY opened at $1,373.64 on Friday. The stock has a market cap of $79.30 billion, a PE ratio of 33.78, a P/E/G ratio of 2.34 and a beta of 0.94. The business has a 50 day moving average price of $1,264.60 and a two-hundred day moving average price of $1,210.28. O’Reilly Automotive, Inc. has a fifty-two week low of $947.49 and a fifty-two week high of $1,378.76.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share for the quarter, beating analysts’ consensus estimates 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%. Sell-side analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

O’Reilly Automotive Company Profile

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.