Great Lakes Advisors LLC Has $5.16 Million Stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Great Lakes Advisors LLC lowered its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 3.6% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 4,351 shares of the specialty retailer’s stock after selling 164 shares during the quarter. Great Lakes Advisors LLC’s holdings in O’Reilly Automotive were worth $5,159,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Wellington Management Group LLP boosted its holdings in shares of O’Reilly Automotive by 73.0% during the 3rd quarter. Wellington Management Group LLP now owns 1,725,316 shares of the specialty retailer’s stock worth $1,986,874,000 after buying an additional 728,040 shares during the period. Geode Capital Management LLC increased its stake in shares of O’Reilly Automotive by 1.7% in the third quarter. Geode Capital Management LLC now owns 1,479,166 shares of the specialty retailer’s stock worth $1,700,513,000 after purchasing an additional 24,135 shares during the period. Massachusetts Financial Services Co. MA lifted its position in shares of O’Reilly Automotive by 28.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 601,612 shares of the specialty retailer’s stock worth $692,816,000 after purchasing an additional 133,139 shares during the last quarter. Proficio Capital Partners LLC boosted its stake in O’Reilly Automotive by 205,600.0% during the 4th quarter. Proficio Capital Partners LLC now owns 503,965 shares of the specialty retailer’s stock valued at $597,602,000 after purchasing an additional 503,720 shares during the period. Finally, Mizuho Securities USA LLC grew 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 last quarter. Institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Trading Down 1.5 %

NASDAQ ORLY opened at $1,289.49 on Friday. O’Reilly Automotive, Inc. has a 12 month low of $947.49 and a 12 month high of $1,389.05. The stock has a 50-day simple moving average of $1,288.56 and a 200 day simple moving average of $1,222.68. The company has a market capitalization of $73.85 billion, a PE ratio of 31.71, a P/E/G ratio of 2.34 and a beta of 0.91.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share 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%. As a group, sell-side analysts predict that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Insider Transactions at O’Reilly Automotive

In other news, Chairman Gregory L. Henslee sold 3,073 shares of the firm’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $1,315.15, for a total transaction of $4,041,455.95. Following the sale, the chairman now owns 11,397 shares of the company’s stock, valued at $14,988,764.55. This trade represents a 21.24 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Maria Sastre sold 248 shares of the business’s stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $1,316.17, for a total value of $326,410.16. Following the completion of the transaction, the director now owns 971 shares of the company’s stock, valued at $1,278,001.07. This represents a 20.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 7,894 shares of company stock valued at $10,409,618 over the last three months. 1.18% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

ORLY has been the topic of several research analyst reports. Morgan Stanley upgraded shares of O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $1,150.00 to $1,450.00 in a research note on Tuesday, January 21st. Guggenheim reiterated a “buy” rating and issued a $1,475.00 target price on shares of O’Reilly Automotive in a research note on Monday. Mizuho boosted their price target on O’Reilly Automotive from $1,305.00 to $1,400.00 and gave the company an “outperform” rating in a research note on Friday, February 7th. Wedbush raised their price objective on O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the stock a “neutral” rating in a research report on Thursday, February 6th. Finally, Royal Bank of Canada boosted their price objective on O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the company an “outperform” rating in a research report on Friday, February 7th. Two research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $1,390.81.

O’Reilly Automotive 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.