O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Sold by Boston Advisors LLC

Boston Advisors LLC lessened its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 10.3% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,867 shares of the specialty retailer’s stock after selling 900 shares during the period. Boston Advisors LLC’s holdings in O’Reilly Automotive were worth $1,694,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Monetary Management Group Inc. raised its position in shares of O’Reilly Automotive by 16.3% during the 2nd quarter. Monetary Management Group Inc. now owns 465 shares of the specialty retailer’s stock valued at $102,000 after buying an additional 65 shares in the last quarter. Barrett Asset Management LLC raised its position in O’Reilly Automotive by 261.5% in the 2nd quarter. Barrett Asset Management LLC now owns 470 shares of the specialty retailer’s stock worth $103,000 after purchasing an additional 340 shares during the period. Proficio Capital Partners LLC raised its position in O’Reilly Automotive by 23.1% in the 1st quarter. Proficio Capital Partners LLC now owns 496 shares of the specialty retailer’s stock worth $119,000 after purchasing an additional 93 shares during the period. Sun Life Financial INC raised its position in O’Reilly Automotive by 5,107.7% in the 2nd quarter. Sun Life Financial INC now owns 677 shares of the specialty retailer’s stock worth $148,000 after purchasing an additional 664 shares during the period. Finally, FUKOKU MUTUAL LIFE INSURANCE Co raised its position in O’Reilly Automotive by 15.9% in the 2nd quarter. FUKOKU MUTUAL LIFE INSURANCE Co now owns 730 shares of the specialty retailer’s stock worth $160,000 after purchasing an additional 100 shares during the period. 97.98% of the stock is owned by institutional investors and hedge funds.

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O’Reilly Automotive, Inc. (NASDAQ ORLY) opened at $215.89 on Wednesday. The company has a debt-to-equity ratio of 4.72, a current ratio of 0.93 and a quick ratio of 0.10. The firm has a market capitalization of $18,232.49, a P/E ratio of 18.63, a price-to-earnings-growth ratio of 1.27 and a beta of 0.80. O’Reilly Automotive, Inc. has a one year low of $169.43 and a one year high of $286.57.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings results on Wednesday, October 25th. The specialty retailer reported $3.22 earnings per share for the quarter, beating the Zacks’ consensus estimate of $3.15 by $0.07. The firm had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.34 billion. O’Reilly Automotive had a return on equity of 93.18% and a net margin of 12.13%. The business’s revenue was up 5.3% compared to the same quarter last year. During the same period last year, the company earned $2.90 earnings per share. equities research analysts predict that O’Reilly Automotive, Inc. will post 11.91 EPS for the current year.

O’Reilly Automotive announced that its board has authorized a stock buyback program on Friday, September 1st that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the specialty retailer to purchase up to 5.8% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s management believes its stock is undervalued.

In other news, SVP Randy Johnson sold 1,040 shares of O’Reilly Automotive stock in a transaction that occurred on Friday, September 1st. The stock was sold at an average price of $197.19, for a total transaction of $205,077.60. Following the completion of the transaction, the senior vice president now directly owns 9,238 shares in the company, valued at approximately $1,821,641.22. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Rosalie Oreilly Wooten sold 5,000 shares of O’Reilly Automotive stock in a transaction that occurred on Friday, August 25th. The stock was sold at an average price of $200.87, for a total value of $1,004,350.00. Following the transaction, the director now owns 72,562 shares of the company’s stock, valued at $14,575,528.94. The disclosure for this sale can be found here. Insiders have sold a total of 18,345 shares of company stock valued at $3,755,572 over the last quarter. 3.12% of the stock is currently owned by corporate insiders.

A number of analysts recently weighed in on ORLY shares. Citigroup Inc. increased their price objective on shares of O’Reilly Automotive from $276.00 to $283.00 and gave the stock a “buy” rating in a research report on Friday, October 27th. UBS AG restated a “buy” rating and issued a $230.00 target price (down from $255.00) on shares of O’Reilly Automotive in a research note on Tuesday, July 25th. Northcoast Research upgraded shares of O’Reilly Automotive from a “neutral” rating to a “buy” rating and set a $230.00 target price on the stock in a research note on Tuesday, July 18th. They noted that the move was a valuation call. Bank of America Corporation reaffirmed a “buy” rating and set a $250.00 target price on shares of O’Reilly Automotive in a research report on Tuesday, September 5th. Finally, Oppenheimer Holdings, Inc. reaffirmed a “buy” rating on shares of O’Reilly Automotive in a research report on Wednesday, August 9th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $243.48.

O’Reilly Automotive Profile

O’Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. The Company sells its products to both do-it-yourself (DIY) and professional service provider customers. The Company’s product line includes new and remanufactured automotive hard parts, such as alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature control, chassis parts, driveline parts and engine parts; maintenance items, such as oil, antifreeze, fluids, filters, wiper blades, lighting, engine additives and appearance products, and accessories, such as floor mats, seat covers and truck accessories.

Institutional Ownership by Quarter for O`Reilly Automotive (NASDAQ:ORLY)

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