O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Bought by SRS Capital Advisors Inc.

SRS Capital Advisors Inc. raised its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 39.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 96 shares of the specialty retailer’s stock after acquiring an additional 27 shares during the quarter. SRS Capital Advisors Inc.’s holdings in O’Reilly Automotive were worth $114,000 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. AlphaMark Advisors LLC acquired a new position in O’Reilly Automotive in the 4th quarter valued at $30,000. Darwin Wealth Management LLC purchased a new stake in shares of O’Reilly Automotive during the third quarter worth $32,000. Kestra Investment Management LLC acquired a new stake in shares of O’Reilly Automotive in the fourth quarter valued at about $32,000. MidAtlantic Capital Management Inc. purchased a new position in shares of O’Reilly Automotive in the third quarter worth about $37,000. Finally, Retirement Wealth Solutions LLC acquired a new position in O’Reilly Automotive during the fourth quarter worth about $46,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

Insider Activity

In other news, Director Maria Sastre sold 248 shares of the firm’s stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $1,316.17, for a total value of $326,410.16. Following the completion of the transaction, 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Chairman Gregory L. Henslee sold 3,073 shares of the company’s stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $1,315.15, for a total transaction of $4,041,455.95. Following the sale, the chairman now directly owns 11,397 shares in the company, valued at approximately $14,988,764.55. The trade was a 21.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 7,894 shares of company stock valued at $10,409,618. 1.55% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms have commented on ORLY. Royal Bank of Canada increased their price objective on shares of O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the company an “outperform” rating in a report on Friday, February 7th. Mizuho increased their price target on 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. Wells Fargo & Company boosted their price objective on O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 28th. BMO Capital Markets raised 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 note on Monday, February 10th. Finally, StockNews.com cut shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a research report on Tuesday, February 25th. Three research analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $1,390.81.

O’Reilly Automotive Price Performance

Shares of ORLY opened at $1,339.67 on Thursday. The firm has a 50-day simple moving average of $1,273.03 and a two-hundred day simple moving average of $1,215.23. The stock has a market cap of $77.34 billion, a PE ratio of 32.95, a P/E/G ratio of 2.34 and a beta of 0.94. O’Reilly Automotive, Inc. has a 1-year low of $947.49 and a 1-year high of $1,389.05.

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, beating 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 expect that O’Reilly Automotive, Inc. will post 43.94 earnings per share 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.