Yousif Capital Management LLC Increases Stock Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Yousif Capital Management LLC lifted its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 5.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,829 shares of the specialty retailer’s stock after purchasing an additional 412 shares during the quarter. Yousif Capital Management LLC’s holdings in O’Reilly Automotive were worth $9,284,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Asset Dedication LLC raised its position in O’Reilly Automotive by 6.2% during the 3rd quarter. Asset Dedication LLC now owns 155 shares of the specialty retailer’s stock worth $178,000 after buying an additional 9 shares during the last quarter. Marks Group Wealth Management Inc raised its holdings in O’Reilly Automotive by 1.5% during the third quarter. Marks Group Wealth Management Inc now owns 605 shares of the specialty retailer’s stock worth $697,000 after purchasing an additional 9 shares in the last quarter. Venturi Wealth Management LLC lifted its position in O’Reilly Automotive by 8.5% in the third quarter. Venturi Wealth Management LLC now owns 115 shares of the specialty retailer’s stock valued at $132,000 after purchasing an additional 9 shares during the period. Metis Global Partners LLC boosted its holdings in O’Reilly Automotive by 0.5% in the 3rd quarter. Metis Global Partners LLC now owns 1,863 shares of the specialty retailer’s stock valued at $2,145,000 after purchasing an additional 9 shares in the last quarter. Finally, L.M. Kohn & Company increased its position in O’Reilly Automotive by 1.4% during the 3rd quarter. L.M. Kohn & Company now owns 654 shares of the specialty retailer’s stock worth $753,000 after purchasing an additional 9 shares during the period. 85.00% of the stock is owned by institutional investors and hedge funds.

O’Reilly Automotive Stock Up 1.1 %

Shares of NASDAQ:ORLY opened at $1,348.24 on Thursday. The company has a market capitalization of $77.84 billion, a P/E ratio of 33.36, a P/E/G ratio of 2.40 and a beta of 0.94. The stock’s fifty day simple moving average is $1,236.84 and its 200-day simple moving average is $1,183.37. O’Reilly Automotive, Inc. has a 52-week low of $947.49 and a 52-week high of $1,350.27.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $9.73 by $0.23. O’Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. On average, sell-side analysts anticipate that O’Reilly Automotive, Inc. will post 40.86 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts have recently commented on ORLY shares. Royal Bank of Canada raised their price target on O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the company an “outperform” rating in a report on Friday, October 25th. StockNews.com upgraded shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a research report on Wednesday, January 22nd. JPMorgan Chase & Co. upped their price target on shares of O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 16th. BMO Capital Markets began coverage on shares of O’Reilly Automotive in a research note on Friday, December 13th. They issued an “outperform” rating and a $1,400.00 price objective for the company. Finally, Wells Fargo & Company upped their target price on shares of O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 28th. Two research analysts have rated the stock with a hold rating, sixteen have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $1,301.82.

Insider Buying and Selling

In other news, Director Andrea Weiss sold 600 shares of the stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total transaction of $734,442.00. Following the transaction, the director now directly owns 700 shares in the company, valued at $856,849. This represents a 46.15 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Jeffery Thomas Loafman sold 620 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the completion of the sale, the senior vice president now directly owns 5 shares in the company, valued at $6,201.95. This represents a 99.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.55% of the stock is owned by company insiders.

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.