First Citizens Bank & Trust Co. Makes New $222,000 Investment in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

First Citizens Bank & Trust Co. purchased a new position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 187 shares of the specialty retailer’s stock, valued at approximately $222,000.

A number of other hedge funds also recently modified their holdings of the business. AlphaMark Advisors LLC bought a new stake in O’Reilly Automotive during the 4th quarter worth approximately $30,000. Darwin Wealth Management LLC acquired a new position in shares of O’Reilly Automotive in the third quarter valued at approximately $32,000. Trifecta Capital Advisors LLC increased its position in shares of O’Reilly Automotive by 383.3% during the third quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock worth $33,000 after acquiring an additional 23 shares in the last quarter. MidAtlantic Capital Management Inc. bought a new stake in shares of O’Reilly Automotive during the third quarter worth $37,000. Finally, Princeton Global Asset Management LLC bought a new stake in O’Reilly Automotive in the 3rd quarter valued at $41,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Trading Down 0.3 %

O’Reilly Automotive stock opened at $1,278.34 on Wednesday. The company has a market capitalization of $73.80 billion, a price-to-earnings ratio of 31.63, a PEG ratio of 2.30 and a beta of 0.94. O’Reilly Automotive, Inc. has a 12 month low of $947.49 and a 12 month high of $1,289.93. The stock’s 50 day moving average is $1,226.50 and its 200-day moving average is $1,172.24.

Insider Activity at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Jeffery Thomas Loafman sold 620 shares of the stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the transaction, the senior vice president now owns 5 shares in the company, valued at $6,201.95. This represents a 99.20 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Andrea Weiss sold 600 shares of O’Reilly Automotive stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total transaction of $734,442.00. Following the completion of the sale, the director now owns 700 shares of the company’s stock, valued at approximately $856,849. The trade was a 46.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.55% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

ORLY has been the subject of several research reports. DA Davidson reaffirmed a “buy” rating and set a $1,275.00 price target on shares of O’Reilly Automotive in a research note on Thursday, October 24th. Morgan Stanley raised shares of O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $1,150.00 to $1,450.00 in a research report on Tuesday, January 21st. Evercore ISI raised their price objective on O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an “outperform” rating in a report on Tuesday, December 3rd. BMO Capital Markets initiated coverage on O’Reilly Automotive in a report on Friday, December 13th. They set an “outperform” rating and a $1,400.00 target price on the stock. Finally, StockNews.com upgraded O’Reilly Automotive from a “hold” rating to a “buy” rating in a research note on Wednesday, January 22nd. Two analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $1,301.82.

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.