J. W. Coons Advisors LLC Has $372,000 Stock Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

J. W. Coons Advisors LLC lowered its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 19.3% in the fourth quarter, HoldingsChannel reports. The firm owned 314 shares of the specialty retailer’s stock after selling 75 shares during the period. J. W. Coons Advisors LLC’s holdings in O’Reilly Automotive were worth $372,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Assetmark Inc. grew its holdings in O’Reilly Automotive by 20.8% during the 3rd quarter. Assetmark Inc. now owns 18,580 shares of the specialty retailer’s stock worth $21,396,000 after acquiring an additional 3,193 shares during the last quarter. Annex Advisory Services LLC grew its holdings in O’Reilly Automotive by 23.2% during the 4th quarter. Annex Advisory Services LLC now owns 34,027 shares of the specialty retailer’s stock worth $40,349,000 after acquiring an additional 6,418 shares during the last quarter. CIBC Asset Management Inc boosted its stake in shares of O’Reilly Automotive by 4.7% in the 3rd quarter. CIBC Asset Management Inc now owns 19,597 shares of the specialty retailer’s stock valued at $22,568,000 after purchasing an additional 882 shares during the last quarter. Montecito Bank & Trust bought a new position in shares of O’Reilly Automotive in the 4th quarter valued at about $365,000. Finally, Nomura Asset Management Co. Ltd. boosted its stake in shares of O’Reilly Automotive by 6.9% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 27,907 shares of the specialty retailer’s stock valued at $32,138,000 after purchasing an additional 1,811 shares during the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on ORLY. Morgan Stanley raised shares of O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $1,150.00 to $1,450.00 in a research note on Tuesday, January 21st. Barclays raised their target price on shares of O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the stock an “equal weight” rating in a report on Friday, February 7th. DA Davidson raised their target price on shares of O’Reilly Automotive from $1,450.00 to $1,525.00 and gave the company a “buy” rating in a research note on Friday, February 7th. StockNews.com raised shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a research report on Wednesday, January 22nd. Finally, Wells Fargo & Company boosted their target price on shares of O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the company an “overweight” rating in a research report on Tuesday, January 28th. Two analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $1,390.81.

O’Reilly Automotive Stock Performance

Shares of ORLY stock opened at $1,303.41 on Monday. O’Reilly Automotive, Inc. has a fifty-two week low of $947.49 and a fifty-two week high of $1,350.27. The stock has a 50 day moving average price of $1,253.69 and a two-hundred day moving average price of $1,203.04. The company has a market capitalization of $75.25 billion, a P/E ratio of 32.06, a PEG ratio of 2.34 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly 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 negative return on equity of 166.88% and a net margin of 14.28%. As a group, equities analysts predict that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Maria Sastre sold 248 shares of O’Reilly Automotive 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 sale, the director now owns 971 shares of the company’s stock, valued at approximately $1,278,001.07. This trade represents a 20.34 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Brad W. Beckham sold 833 shares of O’Reilly Automotive stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $1,300.00, for a total value of $1,082,900.00. Following the completion of the sale, the chief executive officer now directly owns 760 shares in the company, valued at approximately $988,000. The trade was a 52.29 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 1,581 shares of company stock worth $2,071,810. 1.55% of the stock is owned by corporate insiders.

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.