First Horizon Advisors Inc. Sells 20 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

First Horizon Advisors Inc. reduced its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 5.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 374 shares of the specialty retailer’s stock after selling 20 shares during the period. First Horizon Advisors Inc.’s holdings in O’Reilly Automotive were worth $443,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of ORLY. Wellington Management Group LLP grew its position in shares of O’Reilly Automotive by 73.0% in the third quarter. Wellington Management Group LLP now owns 1,725,316 shares of the specialty retailer’s stock valued at $1,986,874,000 after purchasing an additional 728,040 shares during the last quarter. Geode Capital Management LLC grew its position in shares of O’Reilly Automotive by 1.7% in the third quarter. Geode Capital Management LLC now owns 1,479,166 shares of the specialty retailer’s stock valued at $1,700,513,000 after purchasing an additional 24,135 shares during the last quarter. Massachusetts Financial Services Co. MA grew its position in shares of O’Reilly Automotive by 28.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 601,612 shares of the specialty retailer’s stock valued at $692,816,000 after purchasing an additional 133,139 shares during the last quarter. Mizuho Securities USA LLC grew its position in shares of O’Reilly Automotive by 10,626.8% in the third quarter. Mizuho Securities USA LLC now owns 487,212 shares of the specialty retailer’s stock valued at $5,393,000 after purchasing an additional 482,670 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in shares of O’Reilly Automotive by 0.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 365,124 shares of the specialty retailer’s stock valued at $420,477,000 after purchasing an additional 989 shares during the last quarter. 85.00% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Director Maria Sastre sold 248 shares of O’Reilly Automotive 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 in the company, valued at approximately $1,278,001.07. The trade was a 20.34 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Mark Joseph Merz sold 500 shares of O’Reilly Automotive stock in a transaction that occurred on 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 completion of the transaction, the senior vice president now owns 275 shares of the company’s stock, valued at $364,375. This trade represents a 64.52 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 2,581 shares of company stock worth $3,375,490. Insiders own 1.55% of the company’s stock.

O’Reilly Automotive Trading Up 0.9 %

NASDAQ ORLY opened at $1,314.91 on Tuesday. The stock’s 50 day moving average is $1,254.61 and its two-hundred day moving average is $1,204.41. The company has a market capitalization of $75.91 billion, a price-to-earnings ratio of 32.34, a PEG 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 $1,350.27.

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

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on ORLY. BMO Capital Markets raised their price target on O’Reilly Automotive from $1,400.00 to $1,450.00 and gave the company an “outperform” rating in a research report on Monday, February 10th. Morgan Stanley raised O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $1,150.00 to $1,450.00 in a research report on Tuesday, January 21st. 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 report on Tuesday, January 28th. Mizuho lifted their target price on O’Reilly Automotive from $1,305.00 to $1,400.00 and gave the stock an “outperform” rating in a research report on Friday, February 7th. Finally, UBS Group lifted their target price on 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. Two investment analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $1,390.81.

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.