Intech Investment Management LLC Sells 303 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Intech Investment Management LLC cut its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 0.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 58,141 shares of the specialty retailer’s stock after selling 303 shares during the period. O’Reilly Automotive makes up 0.8% of Intech Investment Management LLC’s investment portfolio, making the stock its 18th largest position. Intech Investment Management LLC’s holdings in O’Reilly Automotive were worth $55,239,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of ORLY. Washington Trust Advisors Inc. lifted its holdings in shares of O’Reilly Automotive by 31.0% during the 4th quarter. Washington Trust Advisors Inc. now owns 55 shares of the specialty retailer’s stock valued at $52,000 after purchasing an additional 13 shares in the last quarter. Financial Management Professionals Inc. increased its holdings in O’Reilly Automotive by 29.5% during the 4th quarter. Financial Management Professionals Inc. now owns 57 shares of the specialty retailer’s stock worth $54,000 after purchasing an additional 13 shares in the last quarter. First Financial Corp IN lifted its holdings in shares of O’Reilly Automotive by 38.6% in the fourth quarter. First Financial Corp IN now owns 61 shares of the specialty retailer’s stock valued at $58,000 after purchasing an additional 17 shares in the last quarter. Householder Group Estate & Retirement Specialist LLC grew its holdings in shares of O’Reilly Automotive by 81.1% during the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 67 shares of the specialty retailer’s stock worth $63,000 after buying an additional 30 shares in the last quarter. Finally, Venturi Wealth Management LLC raised its position in O’Reilly Automotive by 28.6% in the 4th quarter. Venturi Wealth Management LLC now owns 81 shares of the specialty retailer’s stock valued at $77,000 after buying an additional 18 shares during the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other O’Reilly Automotive news, EVP Doug D. Bragg sold 1,218 shares of the firm’s stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $1,063.54, for a total value of $1,295,391.72. Following the transaction, the executive vice president now directly owns 5,533 shares of the company’s stock, valued at approximately $5,884,566.82. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other O’Reilly Automotive news, CEO Brad W. Beckham sold 6,032 shares of the firm’s stock in a transaction that occurred on Friday, May 3rd. The shares were sold at an average price of $1,015.00, for a total value of $6,122,480.00. Following the sale, the chief executive officer now owns 716 shares in the company, valued at $726,740. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Doug D. Bragg sold 1,218 shares of the company’s stock in a transaction on Monday, February 26th. The stock was sold at an average price of $1,063.54, for a total transaction of $1,295,391.72. Following the transaction, the executive vice president now owns 5,533 shares of the company’s stock, valued at $5,884,566.82. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 13,694 shares of company stock worth $14,265,266. Company insiders own 1.55% of the company’s stock.

O’Reilly Automotive Stock Performance

Shares of NASDAQ ORLY traded up $11.09 during trading hours on Friday, reaching $986.96. 338,941 shares of the stock were exchanged, compared to its average volume of 395,086. O’Reilly Automotive, Inc. has a 52 week low of $860.10 and a 52 week high of $1,169.11. The firm has a market capitalization of $58.12 billion, a price-to-earnings ratio of 25.05, a P/E/G ratio of 1.81 and a beta of 0.90. The stock’s fifty day simple moving average is $1,069.21 and its 200 day simple moving average is $1,027.91.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Thursday, April 25th. The specialty retailer reported $9.20 EPS for the quarter, topping the consensus estimate of $9.18 by $0.02. The company had revenue of $3.98 billion for the quarter, compared to analysts’ expectations of $3.99 billion. O’Reilly Automotive had a net margin of 14.78% and a negative return on equity of 145.86%. The business’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same period last year, the firm earned $8.28 earnings per share. Research analysts predict that O’Reilly Automotive, Inc. will post 41.93 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

ORLY has been the subject of several research reports. Wells Fargo & Company decreased their price target on shares of O’Reilly Automotive from $1,300.00 to $1,200.00 and set an “overweight” rating for the company in a research note on Thursday, April 25th. Mizuho initiated coverage on shares of O’Reilly Automotive in a research note on Tuesday, March 19th. They set a “buy” rating and a $1,225.00 price objective for the company. Evercore ISI raised their price objective on O’Reilly Automotive from $1,255.00 to $1,275.00 and gave the company an “outperform” rating in a report on Tuesday, May 14th. Royal Bank of Canada upped their target price on O’Reilly Automotive from $1,003.00 to $1,078.00 and gave the stock an “outperform” rating in a report on Friday, February 9th. Finally, The Goldman Sachs Group increased their price objective on O’Reilly Automotive from $1,022.00 to $1,170.00 and gave the company a “buy” rating in a report on Friday, February 9th. Four research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $1,123.64.

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.