Kavar Capital Partners Group LLC Has $8.92 Million Stock Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Kavar Capital Partners Group LLC reduced its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 7,520 shares of the specialty retailer’s stock after selling 76 shares during the period. O’Reilly Automotive makes up 1.5% of Kavar Capital Partners Group LLC’s investment portfolio, making the stock its 15th biggest position. Kavar Capital Partners Group LLC’s holdings in O’Reilly Automotive were worth $8,917,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Pacer Advisors Inc. lifted its position in O’Reilly Automotive by 51.2% during the fourth quarter. Pacer Advisors Inc. now owns 10,879 shares of the specialty retailer’s stock worth $12,900,000 after purchasing an additional 3,685 shares during the period. Center For Asset Management LLC bought a new position in O’Reilly Automotive in the 4th quarter valued at about $210,000. United Asset Strategies Inc. raised its position in shares of O’Reilly Automotive by 4.7% in the 4th quarter. United Asset Strategies Inc. now owns 605 shares of the specialty retailer’s stock valued at $717,000 after buying an additional 27 shares in the last quarter. Cornerstone Wealth Group LLC bought a new stake in shares of O’Reilly Automotive during the 4th quarter worth approximately $347,000. Finally, Blue Trust Inc. boosted its position in shares of O’Reilly Automotive by 31.5% during the 4th quarter. Blue Trust Inc. now owns 1,528 shares of the specialty retailer’s stock worth $1,760,000 after acquiring an additional 366 shares in the last quarter. 85.00% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Evercore ISI boosted their price objective on shares of O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an “outperform” rating in a research report on Tuesday, December 3rd. DA Davidson reissued a “buy” rating and set a $1,275.00 price target on shares of O’Reilly Automotive in a report on Thursday, October 24th. Royal Bank of Canada raised their price objective on O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the company an “outperform” rating in a research note on Friday, October 25th. BNP Paribas raised O’Reilly Automotive to a “strong-buy” rating in a research note on Friday, October 25th. Finally, Wedbush restated a “neutral” rating and issued a $1,200.00 price target on shares of O’Reilly Automotive in a research note on Thursday, October 24th. 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 stock. According to data from MarketBeat, O’Reilly Automotive currently has an average rating of “Buy” and an average price target of $1,295.94.

Insider Activity at O’Reilly Automotive

In related news, Director Andrea Weiss sold 600 shares of the company’s stock in a transaction dated 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 sale, the director now 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 document filed with the Securities & Exchange Commission, which is available at the SEC website. 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 value of $769,041.80. Following the sale, the senior vice president now directly owns 5 shares of the company’s stock, valued at $6,201.95. This represents a 99.20 % decrease in their position. The disclosure for this sale can be found here. 1.55% of the stock is currently owned by company insiders.

O’Reilly Automotive Trading Down 0.6 %

NASDAQ ORLY opened at $1,254.00 on Monday. O’Reilly Automotive, Inc. has a 12 month low of $947.49 and a 12 month high of $1,283.96. The firm has a market capitalization of $72.39 billion, a PE ratio of 31.02, a price-to-earnings-growth ratio of 2.30 and a beta of 0.94. The business’s 50-day moving average price is $1,225.18 and its two-hundred day moving average price is $1,170.48.

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.