Chevy Chase Trust Holdings LLC Sells 108 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Chevy Chase Trust Holdings LLC lowered its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 0.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 33,206 shares of the specialty retailer’s stock after selling 108 shares during the period. Chevy Chase Trust Holdings LLC owned approximately 0.06% of O’Reilly Automotive worth $37,486,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Rise Advisors LLC bought a new position in O’Reilly Automotive in the first quarter valued at about $36,000. Newbridge Financial Services Group Inc. bought a new stake in shares of O’Reilly Automotive during the first quarter worth about $37,000. Indiana Trust & Investment Management CO grew its holdings in shares of O’Reilly Automotive by 325.0% during the first quarter. Indiana Trust & Investment Management CO now owns 34 shares of the specialty retailer’s stock worth $38,000 after purchasing an additional 26 shares during the last quarter. Riverview Trust Co bought a new stake in shares of O’Reilly Automotive during the first quarter worth about $41,000. Finally, LifeSteps Financial Inc. bought a new stake in shares of O’Reilly Automotive during the first quarter worth about $45,000. Institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Stock Up 1.2 %

ORLY traded up $12.61 during trading hours on Wednesday, hitting $1,028.23. The stock had a trading volume of 119,343 shares, compared to its average volume of 393,974. The company’s fifty day simple moving average is $1,011.71 and its 200 day simple moving average is $1,037.59. O’Reilly Automotive, Inc. has a 1 year low of $860.10 and a 1 year high of $1,169.11. The stock has a market cap of $60.55 billion, a PE ratio of 25.78, a price-to-earnings-growth ratio of 1.88 and a beta of 0.92.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share for the quarter, topping the consensus estimate of $9.18 by $0.02. O’Reilly Automotive had a negative return on equity of 145.86% and a net margin of 14.78%. The company had revenue of $3.98 billion during the quarter, compared to analyst estimates of $3.99 billion. During the same quarter last year, the firm posted $8.28 EPS. The firm’s revenue for the quarter was up 7.2% on a year-over-year basis. As a group, equities analysts expect that O’Reilly Automotive, Inc. will post 41.86 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on ORLY. Wedbush restated a “neutral” rating and set a $1,100.00 price target on shares of O’Reilly Automotive in a report on Thursday, April 25th. StockNews.com lowered O’Reilly Automotive from a “buy” rating to a “hold” rating in a research note on Friday, May 3rd. Wells Fargo & Company cut their price objective on O’Reilly Automotive from $1,300.00 to $1,200.00 and set an “overweight” rating on the stock in a research note on Thursday, April 25th. UBS Group lifted their price objective on O’Reilly Automotive from $1,125.00 to $1,275.00 and gave the stock a “buy” rating in a research note on Wednesday, April 17th. Finally, Mizuho initiated coverage on O’Reilly Automotive in a research note on Tuesday, March 19th. They issued a “buy” rating and a $1,225.00 price objective on the stock. Four investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $1,116.93.

Insiders Place Their Bets

In other O’Reilly Automotive news, Director Lawrence P. Oreilly sold 1,500 shares of the firm’s stock in a transaction dated Wednesday, May 29th. The stock was sold at an average price of $949.50, for a total value of $1,424,250.00. Following the completion of the transaction, the director now owns 31,613 shares in the company, valued at approximately $30,016,543.50. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, Director Lawrence P. Oreilly sold 1,500 shares of O’Reilly Automotive stock in a transaction dated Wednesday, May 29th. The stock was sold at an average price of $949.50, for a total transaction of $1,424,250.00. Following the completion of the sale, the director now owns 31,613 shares in the company, valued at approximately $30,016,543.50. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Brad W. Beckham sold 6,032 shares of O’Reilly Automotive stock in a transaction dated 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 of the company’s stock, valued at approximately $726,740. The disclosure for this sale can be found here. 1.18% of the stock is owned by corporate insiders.

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.