Kingfisher Capital LLC Trims Stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Kingfisher Capital LLC cut its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 4.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,248 shares of the specialty retailer’s stock after selling 266 shares during the quarter. O’Reilly Automotive makes up 1.4% of Kingfisher Capital LLC’s investment portfolio, making the stock its 23rd biggest holding. Kingfisher Capital LLC’s holdings in O’Reilly Automotive were worth $6,044,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Rockefeller Capital Management L.P. increased its stake in O’Reilly Automotive by 12.9% in the third quarter. Rockefeller Capital Management L.P. now owns 14,251 shares of the specialty retailer’s stock valued at $16,411,000 after purchasing an additional 1,627 shares during the period. Isthmus Partners LLC acquired a new position in O’Reilly Automotive in the 3rd quarter valued at about $248,000. Public Sector Pension Investment Board raised its stake in O’Reilly Automotive by 2.0% during the 3rd quarter. Public Sector Pension Investment Board now owns 10,395 shares of the specialty retailer’s stock valued at $11,971,000 after acquiring an additional 200 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of O’Reilly Automotive by 2.5% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 11,309 shares of the specialty retailer’s stock valued at $13,023,000 after purchasing an additional 279 shares during the last quarter. Finally, FORA Capital LLC acquired a new position in shares of O’Reilly Automotive in the third quarter valued at approximately $1,697,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Trading Down 0.0 %

Shares of NASDAQ ORLY opened at $1,244.01 on Friday. The company’s 50-day moving average price is $1,188.64 and its 200 day moving average price is $1,107.23. O’Reilly Automotive, Inc. has a 52 week low of $914.50 and a 52 week high of $1,255.30. The stock has a market cap of $71.82 billion, a price-to-earnings ratio of 30.78, a PEG ratio of 2.52 and a beta of 0.92.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 EPS for the quarter, missing the consensus estimate 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 business had revenue of $4.36 billion during the quarter, compared to analyst estimates of $4.42 billion. During the same quarter in the prior year, the company earned $10.72 earnings per share. The firm’s revenue for the quarter was up 3.8% compared to the same quarter last year. As a group, research analysts expect that O’Reilly Automotive, Inc. will post 40.85 earnings per share for the current year.

Analyst Upgrades and Downgrades

ORLY has been the topic of a number of analyst reports. Evercore ISI lifted their price objective on shares of O’Reilly Automotive from $1,215.00 to $1,230.00 and gave the company an “outperform” rating in a research report on Thursday, August 22nd. TD Cowen lifted their target price on shares of O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the company a “buy” rating in a report on Friday, October 25th. Roth Mkm reissued a “buy” rating and set a $1,337.00 price target on shares of O’Reilly Automotive in a report on Wednesday, October 16th. Barclays raised their price objective on shares of O’Reilly Automotive from $986.00 to $1,088.00 and gave the company an “equal weight” rating in a research report on Friday, October 25th. Finally, Roth Capital upgraded O’Reilly Automotive to a “strong-buy” rating in a research report on Tuesday, October 15th. Four equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $1,242.13.

Insider Buying and Selling at O’Reilly Automotive

In related news, Director Andrea Weiss sold 600 shares of the business’s stock in a transaction dated 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 completion of 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 sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Jeffery Thomas Loafman sold 620 shares of the firm’s stock in a transaction dated 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 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 insiders.

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.