O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Sold by Deseret Mutual Benefit Administrators

Deseret Mutual Benefit Administrators lowered its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 7.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 282 shares of the specialty retailer’s stock after selling 22 shares during the period. Deseret Mutual Benefit Administrators’ holdings in O’Reilly Automotive were worth $334,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Ipswich Investment Management Co. Inc. raised its holdings in shares of O’Reilly Automotive by 3.6% during the 4th quarter. Ipswich Investment Management Co. Inc. now owns 855 shares of the specialty retailer’s stock worth $1,014,000 after acquiring an additional 30 shares during the period. Centricity Wealth Management LLC acquired a new position in O’Reilly Automotive in the fourth quarter valued at approximately $49,000. Mattern Capital Management LLC increased its stake in O’Reilly Automotive by 4.1% during the fourth quarter. Mattern Capital Management LLC now owns 333 shares of the specialty retailer’s stock worth $395,000 after acquiring an additional 13 shares during the last quarter. ING Groep NV increased its stake in O’Reilly Automotive by 888.9% during the fourth quarter. ING Groep NV now owns 3,293 shares of the specialty retailer’s stock worth $3,905,000 after acquiring an additional 2,960 shares during the last quarter. Finally, Flossbach Von Storch SE raised its position in O’Reilly Automotive by 11.2% in the fourth quarter. Flossbach Von Storch SE now owns 12,295 shares of the specialty retailer’s stock valued at $14,579,000 after purchasing an additional 1,237 shares during the period. Institutional investors and hedge funds own 85.00% of the company’s stock.

Insider Buying and Selling at O’Reilly Automotive

In related news, CEO Brad W. Beckham sold 833 shares of O’Reilly Automotive stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $1,300.00, for a total transaction of $1,082,900.00. Following the completion of the transaction, the chief executive officer now directly owns 760 shares of the company’s stock, valued at $988,000. This trade represents a 52.29 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Jeffery Thomas Loafman sold 620 shares of the 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 owns 5 shares in the company, valued at approximately $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. Insiders have sold 2,201 shares of company stock valued at $2,840,852 in the last 90 days. 1.55% of the stock is currently owned by company insiders.

O’Reilly Automotive Price Performance

NASDAQ:ORLY opened at $1,303.41 on Friday. The stock has a market cap of $75.25 billion, a PE ratio of 32.06, a price-to-earnings-growth ratio of 2.34 and a beta of 0.94. The stock’s 50-day moving average is $1,253.69 and its two-hundred day moving average is $1,201.75. O’Reilly Automotive, Inc. has a fifty-two week low of $947.49 and a fifty-two week high of $1,350.27.

O’Reilly Automotive (NASDAQ:ORLY) last posted its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $9.73 by $0.23. O’Reilly Automotive had a net margin of 14.28% and a negative return on equity of 166.88%. On average, equities research analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages recently issued reports on ORLY. TD Cowen raised their price objective on O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Morgan Stanley raised shares of O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $1,150.00 to $1,450.00 in a research note on Tuesday, January 21st. BMO Capital Markets boosted their price objective on O’Reilly Automotive from $1,400.00 to $1,450.00 and gave the company an “outperform” rating in a report on Monday, February 10th. Barclays raised their price target 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. Finally, UBS Group upped their price target on O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Two analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $1,390.81.

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.