O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Sold by AEGON ASSET MANAGEMENT UK Plc

AEGON ASSET MANAGEMENT UK Plc lessened its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 3.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 19,715 shares of the specialty retailer’s stock after selling 753 shares during the quarter. AEGON ASSET MANAGEMENT UK Plc’s holdings in O’Reilly Automotive were worth $23,375,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ORLY. Linden Thomas Advisory Services LLC grew its stake in O’Reilly Automotive by 8.0% during the fourth quarter. Linden Thomas Advisory Services LLC now owns 2,846 shares of the specialty retailer’s stock worth $3,375,000 after buying an additional 212 shares during the period. Cyndeo Wealth Partners LLC lifted its holdings in shares of O’Reilly Automotive by 6.1% during the 4th quarter. Cyndeo Wealth Partners LLC now owns 2,661 shares of the specialty retailer’s stock valued at $3,155,000 after acquiring an additional 153 shares in the last quarter. Exchange Traded Concepts LLC boosted its position in O’Reilly Automotive by 320.0% during the 4th quarter. Exchange Traded Concepts LLC now owns 3,591 shares of the specialty retailer’s stock worth $4,258,000 after purchasing an additional 2,736 shares during the period. CX Institutional increased its holdings in O’Reilly Automotive by 10.6% in the 4th quarter. CX Institutional now owns 261 shares of the specialty retailer’s stock valued at $309,000 after purchasing an additional 25 shares in the last quarter. Finally, Private Capital Advisors Inc. purchased a new position in O’Reilly Automotive in the fourth quarter valued at about $242,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

Insiders Place Their Bets

In other O’Reilly Automotive news, SVP Jeffery Thomas Loafman sold 620 shares of the firm’s stock in a transaction dated 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 transaction, the senior vice president now owns 5 shares of the company’s stock, valued at $6,201.95. This trade represents a 99.20 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Andrea Weiss sold 600 shares of the company’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total value of $734,442.00. Following the transaction, the director now directly owns 700 shares of the company’s stock, valued at $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 currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on ORLY shares. StockNews.com upgraded O’Reilly Automotive from a “hold” rating to a “buy” rating in a research note on Wednesday. JPMorgan Chase & Co. increased their price objective on shares of O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the company an “overweight” rating in a research report on Wednesday, October 16th. TD Cowen boosted their target price on shares of O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. BNP Paribas raised shares of O’Reilly Automotive to a “strong-buy” rating in a report on Friday, October 25th. Finally, Roth Mkm reaffirmed a “buy” rating and set a $1,337.00 price target on shares of O’Reilly Automotive in a research note on Wednesday, October 16th. Two analysts have rated the stock with a hold rating, sixteen have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $1,295.94.

O’Reilly Automotive Stock Down 0.6 %

Shares of NASDAQ ORLY opened at $1,254.00 on Friday. The stock’s 50 day moving average price is $1,225.18 and its two-hundred day moving average price is $1,168.42. O’Reilly Automotive, Inc. has a 52-week low of $947.49 and a 52-week high of $1,283.96. The stock has a market capitalization of $72.39 billion, a P/E ratio of 31.02, a PEG ratio of 2.30 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). O’Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. The firm had revenue of $4.36 billion during the quarter, compared to the consensus estimate of $4.42 billion. During the same quarter last year, the firm posted $10.72 earnings per share. O’Reilly Automotive’s revenue was up 3.8% compared to the same quarter last year. On average, analysts anticipate that O’Reilly Automotive, Inc. will post 40.86 EPS for the current year.

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.