Nixon Peabody Trust Co. Trims Stock Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Nixon Peabody Trust Co. lessened its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 5.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 284 shares of the specialty retailer’s stock after selling 16 shares during the period. Nixon Peabody Trust Co.’s holdings in O’Reilly Automotive were worth $337,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Jacobi Capital Management LLC lifted its stake in shares of O’Reilly Automotive by 12.8% during the fourth quarter. Jacobi Capital Management LLC now owns 203 shares of the specialty retailer’s stock valued at $241,000 after buying an additional 23 shares during the period. Metis Global Partners LLC lifted its stake in shares of O’Reilly Automotive by 4.6% during the fourth quarter. Metis Global Partners LLC now owns 1,948 shares of the specialty retailer’s stock valued at $2,310,000 after buying an additional 85 shares during the period. Providence First Trust Co purchased a new position in shares of O’Reilly Automotive during the fourth quarter valued at approximately $531,000. Fisher Asset Management LLC lifted its stake in shares of O’Reilly Automotive by 15.1% during the fourth quarter. Fisher Asset Management LLC now owns 373 shares of the specialty retailer’s stock valued at $444,000 after buying an additional 49 shares during the period. Finally, Cobblestone Capital Advisors LLC NY lifted its stake in shares of O’Reilly Automotive by 608.5% during the fourth quarter. Cobblestone Capital Advisors LLC NY now owns 9,033 shares of the specialty retailer’s stock valued at $10,711,000 after buying an additional 7,758 shares during the period. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Insider Transactions at O’Reilly Automotive

In other news, SVP Mark Joseph Merz sold 500 shares of the firm’s stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $1,325.00, for a total value of $662,500.00. Following the transaction, the senior vice president now directly owns 275 shares in the company, valued at approximately $364,375. This trade represents a 64.52 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Jason Lee Tarrant sold 1,992 shares of O’Reilly Automotive stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $1,339.10, for a total transaction of $2,667,487.20. Following the completion of the sale, the executive vice president now owns 1,398 shares in the company, valued at approximately $1,872,061.80. This represents a 58.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 7,894 shares of company stock worth $10,409,618. 1.55% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

ORLY has been the subject of several research analyst reports. BMO Capital Markets upped their price target on shares of O’Reilly Automotive from $1,400.00 to $1,450.00 and gave the stock an “outperform” rating in a research report on Monday, February 10th. UBS Group upped their price target on shares of O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the stock a “buy” rating in a research report on Friday, February 7th. StockNews.com lowered shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a research report on Tuesday. Wells Fargo & Company upped their price target on shares of O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 28th. Finally, Mizuho upped their price target on shares of O’Reilly Automotive from $1,305.00 to $1,400.00 and gave the stock an “outperform” rating in a research report on Friday, February 7th. Three equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, O’Reilly Automotive has a consensus rating of “Moderate Buy” and a consensus target price of $1,390.81.

O’Reilly Automotive Price Performance

NASDAQ ORLY opened at $1,373.64 on Friday. O’Reilly Automotive, Inc. has a 12 month low of $947.49 and a 12 month high of $1,378.76. The company has a market capitalization of $79.30 billion, a price-to-earnings ratio of 33.78, a price-to-earnings-growth ratio of 2.34 and a beta of 0.94. The company’s fifty day moving average price is $1,264.60 and its two-hundred day moving average price is $1,209.61.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $9.96 EPS 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, analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

About O’Reilly Automotive

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.