Blue Chip Partners LLC Purchases 203 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Blue Chip Partners LLC grew its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 2.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,282 shares of the specialty retailer’s stock after purchasing an additional 203 shares during the period. Blue Chip Partners LLC’s holdings in O’Reilly Automotive were worth $11,007,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Wellington Management Group LLP grew its position in O’Reilly Automotive by 73.0% during 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 acquiring an additional 728,040 shares during the last quarter. Geode Capital Management LLC raised its position in O’Reilly Automotive by 1.7% in the 3rd quarter. Geode Capital Management LLC now owns 1,479,166 shares of the specialty retailer’s stock worth $1,700,513,000 after purchasing an additional 24,135 shares during the period. International Assets Investment Management LLC lifted its stake in O’Reilly Automotive by 99,957.0% in the third quarter. International Assets Investment Management LLC now owns 854,487 shares of the specialty retailer’s stock worth $984,027,000 after purchasing an additional 853,633 shares during the last quarter. Massachusetts Financial Services Co. MA grew its stake in shares of O’Reilly Automotive by 28.4% during 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 buying an additional 133,139 shares during the last quarter. Finally, Mizuho Securities USA LLC lifted its position in O’Reilly Automotive by 10,626.8% during the 3rd quarter. Mizuho Securities USA LLC now owns 487,212 shares of the specialty retailer’s stock valued at $5,393,000 after acquiring an additional 482,670 shares during the period. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Andrea Weiss sold 600 shares of the business’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $1,224.07, for a total transaction of $734,442.00. Following the transaction, the director now owns 700 shares of the company’s stock, valued at approximately $856,849. The trade was a 46.15 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Maria Sastre sold 248 shares of the business’s 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 transaction, the director now owns 971 shares of the company’s stock, valued at $1,278,001.07. This trade represents a 20.34 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 1,968 shares of company stock valued at $2,492,394 in the last three months. Corporate insiders own 1.55% of the company’s stock.

O’Reilly Automotive Trading Down 1.3 %

NASDAQ:ORLY opened at $1,318.80 on Monday. The business’s 50-day moving average is $1,249.77 and its 200 day moving average is $1,196.49. O’Reilly Automotive, Inc. has a 12 month low of $947.49 and a 12 month high of $1,350.27. The company has a market capitalization of $76.13 billion, a P/E ratio of 32.43, a P/E/G ratio of 2.50 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data 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 negative return on equity of 166.88% and a net margin of 14.28%. On average, research analysts forecast that O’Reilly Automotive, Inc. will post 44.16 earnings per share for the current year.

Analyst Ratings Changes

ORLY has been the topic of several recent research reports. Wedbush upped their price target on O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the stock a “neutral” rating in a research note on Thursday, February 6th. Wells Fargo & Company raised their price target on shares of O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the company an “overweight” rating in a report on Tuesday, January 28th. Barclays increased their price objective on shares of O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the company an “equal weight” rating in a research report on Friday, February 7th. UBS Group boosted their price target on O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Finally, BNP Paribas upgraded shares of O’Reilly Automotive to a “strong-buy” rating in a research report on Friday, October 25th. Two research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $1,390.81.

O’Reilly Automotive Company Profile

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.