Financial Counselors Inc. Sells 31 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Financial Counselors Inc. cut its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 3.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,012 shares of the specialty retailer’s stock after selling 31 shares during the period. Financial Counselors Inc.’s holdings in O’Reilly Automotive were worth $1,165,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. International Assets Investment Management LLC raised 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 valued at $984,027,000 after purchasing an additional 853,633 shares in the last quarter. Mizuho Securities USA LLC increased its holdings in O’Reilly Automotive by 10,626.8% in the 3rd quarter. Mizuho Securities USA LLC now owns 487,212 shares of the specialty retailer’s stock valued at $5,393,000 after buying an additional 482,670 shares during the period. Massachusetts Financial Services Co. MA raised its position in shares of O’Reilly Automotive by 28.4% in the 3rd 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 in the last quarter. Marshall Wace LLP lifted its holdings in shares of O’Reilly Automotive by 809.8% during the 2nd quarter. Marshall Wace LLP now owns 90,978 shares of the specialty retailer’s stock worth $96,078,000 after acquiring an additional 80,978 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in shares of O’Reilly Automotive during the 2nd quarter worth approximately $63,793,000. 85.00% of the stock is currently owned by institutional investors.

O’Reilly Automotive Trading Down 0.1 %

Shares of O’Reilly Automotive stock opened at $1,243.22 on Friday. The company has a market cap of $71.77 billion, a P/E ratio of 30.76, a PEG ratio of 2.52 and a beta of 0.92. The business has a 50-day moving average price of $1,191.32 and a two-hundred day moving average price of $1,108.83. O’Reilly Automotive, Inc. has a 1-year low of $914.50 and a 1-year high of $1,255.30.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $11.53 by ($0.12). The business had revenue of $4.36 billion during the quarter, compared to analyst estimates of $4.42 billion. O’Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. O’Reilly Automotive’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same period last year, the firm posted $10.72 earnings per share. Equities research analysts forecast that O’Reilly Automotive, Inc. will post 40.85 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

ORLY has been the subject of several recent analyst reports. Roth Capital upgraded O’Reilly Automotive to a “strong-buy” rating in a research note on Tuesday, October 15th. DA Davidson restated a “buy” rating and issued a $1,275.00 price target on shares of O’Reilly Automotive in a research note on Thursday, October 24th. BNP Paribas raised shares of O’Reilly Automotive to a “strong-buy” rating in a research note on Friday, October 25th. Evercore ISI boosted their target price on shares of O’Reilly Automotive from $1,215.00 to $1,230.00 and gave the stock an “outperform” rating in a research note on Thursday, August 22nd. Finally, TD Cowen raised their price objective on 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. Four research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $1,242.13.

Insiders Place Their Bets

In other O’Reilly Automotive news, Director Andrea Weiss sold 600 shares of the business’s stock in a transaction on 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 completion of the sale, the director now owns 700 shares in the company, 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 the SEC website. Also, SVP Jeffery Thomas Loafman sold 620 shares of the firm’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the completion of the transaction, the senior vice president now directly owns 5 shares in the company, valued at $6,201.95. This trade represents a 99.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.55% of the company’s stock.

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.