Cambridge Investment Research Advisors Inc. Has $2.49 Million Stake in O’Reilly Automotive, Inc. (ORLY)

Cambridge Investment Research Advisors Inc. grew its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 147.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,582 shares of the specialty retailer’s stock after buying an additional 6,910 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in O’Reilly Automotive were worth $2,494,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of ORLY. Monetary Management Group Inc. grew its stake in shares of O’Reilly Automotive by 16.3% in 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 during the period. Barrett Asset Management LLC grew its stake in shares of O’Reilly Automotive by 261.5% in the 2nd quarter. Barrett Asset Management LLC now owns 470 shares of the specialty retailer’s stock valued at $103,000 after buying an additional 340 shares during the period. Proficio Capital Partners LLC grew its stake in shares of O’Reilly Automotive by 1.0% in the 2nd quarter. Proficio Capital Partners LLC now owns 501 shares of the specialty retailer’s stock valued at $105,000 after buying an additional 5 shares during the period. Sun Life Financial INC grew its stake in shares of 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 valued at $148,000 after buying an additional 664 shares during the period. Finally, FUKOKU MUTUAL LIFE INSURANCE Co grew its stake in shares of 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 valued at $160,000 after buying an additional 100 shares during the period. 97.98% of the stock is owned by institutional investors and hedge funds.

ORLY has been the subject of several analyst reports. UBS AG reissued a “buy” rating and issued a $230.00 price target (down previously from $255.00) on shares of O’Reilly Automotive in a research note on Tuesday, July 25th. Oppenheimer Holdings, Inc. set a $220.00 price target on shares of O’Reilly Automotive and gave the company a “buy” rating in a research note on Thursday, July 27th. Wedbush reaffirmed a “neutral” rating and set a $195.00 price objective on shares of O’Reilly Automotive in a research report on Thursday, July 27th. Credit Suisse Group set a $195.00 price objective on shares of O’Reilly Automotive and gave the stock a “hold” rating in a research report on Thursday, July 27th. Finally, BidaskClub raised shares of O’Reilly Automotive from a “strong sell” rating to a “sell” rating in a research report on Monday, July 31st. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. The stock has an average rating of “Hold” and an average price target of $243.48.

Shares of O’Reilly Automotive, Inc. (ORLY) opened at $220.49 on Friday. The stock has a market cap of $18,747.82, a P/E ratio of 19.16, a price-to-earnings-growth ratio of 1.30 and a beta of 0.80. O’Reilly Automotive, Inc. has a fifty-two week low of $169.43 and a fifty-two week high of $286.57. The company has a current ratio of 0.93, a quick ratio of 0.10 and a debt-to-equity ratio of 4.72.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data 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. O’Reilly Automotive had a net margin of 12.13% and a return on equity of 93.18%. The business had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.34 billion. During the same period last year, the business earned $2.90 EPS. The company’s revenue was up 5.3% on a year-over-year basis. equities analysts predict that O’Reilly Automotive, Inc. will post 11.91 earnings per share for the current year.

O’Reilly Automotive announced that its Board of Directors has authorized a share buyback plan on Friday, September 1st that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the specialty retailer to repurchase up to 5.8% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s management believes its shares are undervalued.

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In other news, SVP Jeremy Adam Fletcher sold 750 shares of the firm’s stock in a transaction on Friday, November 10th. The shares were sold at an average price of $215.11, for a total value of $161,332.50. Following the sale, the senior vice president now directly owns 1,640 shares in the company, valued at approximately $352,780.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Thomas Mcfall sold 10,000 shares of the firm’s stock in a transaction on Tuesday, November 14th. The shares were sold at an average price of $220.00, for a total transaction of $2,200,000.00. The disclosure for this sale can be found here. Insiders sold a total of 33,345 shares of company stock worth $7,055,572 over the last 90 days. Company insiders own 3.12% of the company’s stock.

About O’Reilly Automotive

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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