Community Financial Services Group LLC increased its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 2.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,893 shares of the specialty retailer’s stock after acquiring an additional 71 shares during the period. Community Financial Services Group LLC’s holdings in O’Reilly Automotive were worth $3,431,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently bought and sold shares of ORLY. AlphaMark Advisors LLC purchased a new stake in O’Reilly Automotive during the fourth quarter worth about $30,000. Darwin Wealth Management LLC acquired a new stake in O’Reilly Automotive during the 3rd quarter worth approximately $32,000. Trifecta Capital Advisors LLC boosted its position in O’Reilly Automotive by 383.3% in the 3rd quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock valued at $33,000 after buying an additional 23 shares during the period. MidAtlantic Capital Management Inc. acquired a new position in shares of O’Reilly Automotive in the third quarter worth $37,000. Finally, Princeton Global Asset Management LLC purchased a new stake in shares of O’Reilly Automotive during the third quarter worth $41,000. 85.00% of the stock is currently owned by hedge funds and other institutional investors.
O’Reilly Automotive Price Performance
ORLY stock opened at $1,323.94 on Wednesday. The company has a market cap of $76.43 billion, a price-to-earnings ratio of 32.56, a price-to-earnings-growth ratio of 2.50 and a beta of 0.94. The company has a fifty day moving average price of $1,243.39 and a 200 day moving average price of $1,190.81. O’Reilly Automotive, Inc. has a 12 month low of $947.49 and a 12 month high of $1,350.27.
Analysts Set New Price Targets
A number of research analysts recently issued reports on ORLY shares. StockNews.com upgraded O’Reilly Automotive from a “hold” rating to a “buy” rating in a report on Wednesday, January 22nd. Barclays boosted their price target 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 price objective on shares of O’Reilly Automotive from $1,450.00 to $1,525.00 and gave the company a “buy” rating in a report on Friday, February 7th. Roth Mkm reiterated a “buy” rating and set a $1,337.00 target price on shares of O’Reilly Automotive in a research note on Wednesday, October 16th. Finally, Wells Fargo & Company raised their price target on O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the company an “overweight” rating in a research note on Tuesday, January 28th. Two research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, O’Reilly Automotive presently has an average rating of “Buy” and an average target price of $1,390.81.
Read Our Latest Report on O’Reilly Automotive
Insiders Place Their Bets
In other news, SVP Jeffery Thomas Loafman sold 620 shares of the firm’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total value of $769,041.80. Following the completion of the sale, the senior vice president now owns 5 shares in the company, valued at approximately $6,201.95. This trade represents a 99.20 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Andrea Weiss sold 600 shares of the business’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $1,224.07, for a total transaction of $734,442.00. Following the transaction, the director now owns 700 shares in the company, valued at approximately $856,849. This trade represents a 46.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.55% of the stock is owned by 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.
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