UBS Group Boosts O’Reilly Automotive (NASDAQ:ORLY) Price Target to $1,535.00

O’Reilly Automotive (NASDAQ:ORLY) had its price target lifted by investment analysts at UBS Group from $1,400.00 to $1,535.00 in a research report issued on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the specialty retailer’s stock. UBS Group’s price target points to a potential upside of 15.43% from the stock’s current price.

ORLY has been the subject of several other reports. BNP Paribas upgraded shares of O’Reilly Automotive to a “strong-buy” rating in a research report on Friday, October 25th. Roth Capital raised shares of O’Reilly Automotive to a “strong-buy” rating in a report on Tuesday, October 15th. DA Davidson reiterated a “buy” rating and issued a $1,275.00 price objective on shares of O’Reilly Automotive in a research note on Thursday, October 24th. Wells Fargo & Company boosted their price objective on O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the company an “overweight” rating in a research report on Tuesday, January 28th. Finally, Guggenheim upped their price objective on O’Reilly Automotive from $1,275.00 to $1,400.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Two research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $1,342.12.

O’Reilly Automotive Stock Down 0.1 %

Shares of NASDAQ ORLY traded down $0.96 during trading on Friday, reaching $1,329.79. The company had a trading volume of 58,738 shares, compared to its average volume of 332,363. The company’s fifty day moving average price is $1,240.65 and its 200-day moving average price is $1,185.54. O’Reilly Automotive has a 12 month low of $947.49 and a 12 month high of $1,350.27. The stock has a market cap of $76.77 billion, a P/E ratio of 32.90, a PEG ratio of 2.40 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share for the quarter, topping analysts’ consensus estimates 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%. As a group, equities analysts predict that O’Reilly Automotive will post 40.86 earnings per share for the current year.

Insider Buying and Selling at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Jeffery Thomas Loafman sold 620 shares of the stock in a transaction 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 transaction, 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Andrea Weiss sold 600 shares of the 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 value of $734,442.00. Following the sale, the director now owns 700 shares in the company, valued at approximately $856,849. This trade represents a 46.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.18% of the company’s stock.

Institutional Trading of O’Reilly Automotive

Institutional investors and hedge funds have recently bought and sold shares of the business. Assetmark Inc. grew its stake in shares of O’Reilly Automotive by 20.8% in the third quarter. Assetmark Inc. now owns 18,580 shares of the specialty retailer’s stock worth $21,396,000 after purchasing an additional 3,193 shares during the last quarter. Annex Advisory Services LLC grew its position in O’Reilly Automotive by 23.2% in the 4th quarter. Annex Advisory Services LLC now owns 34,027 shares of the specialty retailer’s stock worth $40,349,000 after purchasing an additional 6,418 shares in the last quarter. CIBC Asset Management Inc raised its stake in shares of O’Reilly Automotive by 4.7% during the 3rd quarter. CIBC Asset Management Inc now owns 19,597 shares of the specialty retailer’s stock worth $22,568,000 after purchasing an additional 882 shares during the period. Montecito Bank & Trust bought a new position in O’Reilly Automotive during the fourth quarter valued at $365,000. Finally, Eastern Bank purchased a new stake in O’Reilly Automotive in the 3rd quarter worth about $19,786,000. Institutional investors own 85.00% of the company’s stock.

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.