Decatur Capital Management Inc. Sells 5,100 Shares of O’Reilly Automotive Inc (NASDAQ:ORLY)

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Decatur Capital Management Inc. lessened its holdings in shares of O’Reilly Automotive Inc (NASDAQ:ORLY) by 27.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,226 shares of the specialty retailer’s stock after selling 5,100 shares during the period. Decatur Capital Management Inc.’s holdings in O’Reilly Automotive were worth $5,271,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Acadian Asset Management LLC boosted its stake in O’Reilly Automotive by 48.6% in the 1st quarter. Acadian Asset Management LLC now owns 697 shares of the specialty retailer’s stock worth $271,000 after purchasing an additional 228 shares in the last quarter. The Manufacturers Life Insurance Company boosted its stake in O’Reilly Automotive by 1.1% in the 1st quarter. The Manufacturers Life Insurance Company now owns 85,176 shares of the specialty retailer’s stock worth $33,074,000 after purchasing an additional 930 shares in the last quarter. GWM Advisors LLC boosted its stake in O’Reilly Automotive by 124.7% in the 1st quarter. GWM Advisors LLC now owns 3,656 shares of the specialty retailer’s stock worth $1,420,000 after purchasing an additional 2,029 shares in the last quarter. Clarius Group LLC bought a new position in O’Reilly Automotive in the 1st quarter worth about $243,000. Finally, SRB Corp bought a new position in O’Reilly Automotive in the 1st quarter worth about $750,000. Hedge funds and other institutional investors own 85.67% of the company’s stock.

In other news, Director John Raymond Murphy sold 122 shares of the company’s stock in a transaction dated Tuesday, July 30th. The shares were sold at an average price of $385.92, for a total transaction of $47,082.24. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Jeffrey Alan Lauro purchased 150 shares of O’Reilly Automotive stock in a transaction dated Monday, August 5th. The shares were acquired at an average cost of $368.33 per share, with a total value of $55,249.50. Following the transaction, the senior vice president now directly owns 422 shares in the company, valued at $155,435.26. The disclosure for this purchase can be found here. Insiders have sold a total of 1,773 shares of company stock valued at $669,481 in the last ninety days. Insiders own 2.52% of the company’s stock.

A number of equities analysts recently issued reports on the stock. Stephens dropped their price target on shares of O’Reilly Automotive from $440.00 to $430.00 and set an “overweight” rating on the stock in a research note on Friday, July 26th. Raymond James initiated coverage on O’Reilly Automotive in a research report on Monday. They issued a “market perform” rating and a $430.00 target price for the company. Citigroup lowered O’Reilly Automotive from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $441.00 to $430.00 in a research report on Friday, September 13th. Zacks Investment Research lowered O’Reilly Automotive from a “hold” rating to a “sell” rating and set a $427.00 target price for the company. in a research report on Friday, July 19th. Finally, Royal Bank of Canada set a $428.00 target price on O’Reilly Automotive and gave the stock a “buy” rating in a research report on Wednesday, August 7th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and seven have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $406.62.

NASDAQ:ORLY traded up $4.16 during mid-day trading on Friday, reaching $402.96. The company’s stock had a trading volume of 10,972 shares, compared to its average volume of 500,689. O’Reilly Automotive Inc has a 12-month low of $314.14 and a 12-month high of $414.63. The firm’s fifty day moving average price is $391.20 and its two-hundred day moving average price is $384.31. The company has a current ratio of 0.85, a quick ratio of 0.10 and a debt-to-equity ratio of 37.43. The stock has a market cap of $29.66 billion, a P/E ratio of 25.00, a PEG ratio of 1.57 and a beta of 0.72.

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results on Wednesday, July 24th. The specialty retailer reported $4.51 earnings per share for the quarter, missing the Zacks’ consensus estimate of $4.67 by ($0.16). O’Reilly Automotive had a return on equity of 391.89% and a net margin of 13.69%. The business had revenue of $2.59 billion during the quarter, compared to analysts’ expectations of $2.61 billion. During the same period last year, the firm posted $4.28 EPS. O’Reilly Automotive’s quarterly revenue was up 5.4% compared to the same quarter last year. Analysts predict that O’Reilly Automotive Inc will post 17.54 earnings per share for the current fiscal year.

About O’Reilly Automotive

O'Reilly Automotive, Inc, together with its subsidiaries, engages in the retail of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States. The company provides new and remanufactured automotive hard parts, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, and temperature control and water pumps; maintenance items comprising antifreeze and lighting products, appearance products, engine additives, filters, fluids, and oil and wiper blades; and accessories, such as floor mats, seat covers, and truck accessories.

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Institutional Ownership by Quarter for O`Reilly Automotive (NASDAQ:ORLY)

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