Dana Investment Advisors Inc. Reduces Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Dana Investment Advisors Inc. lowered its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,399 shares of the specialty retailer’s stock after selling 62 shares during the quarter. Dana Investment Advisors Inc.’s holdings in O’Reilly Automotive were worth $5,216,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of ORLY. Wellington Management Group LLP raised its holdings in shares of O’Reilly Automotive by 73.0% in the third quarter. Wellington Management Group LLP now owns 1,725,316 shares of the specialty retailer’s stock worth $1,986,874,000 after buying an additional 728,040 shares during the last quarter. Geode Capital Management LLC increased its position in shares of O’Reilly Automotive by 1.7% in the 3rd quarter. Geode Capital Management LLC now owns 1,479,166 shares of the specialty retailer’s stock valued at $1,700,513,000 after acquiring an additional 24,135 shares during the period. Massachusetts Financial Services Co. MA raised its stake in O’Reilly Automotive by 28.4% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 601,612 shares of the specialty retailer’s stock worth $692,816,000 after acquiring an additional 133,139 shares during the last quarter. Proficio Capital Partners LLC lifted its position in O’Reilly Automotive by 205,600.0% during the 4th quarter. Proficio Capital Partners LLC now owns 503,965 shares of the specialty retailer’s stock worth $597,602,000 after acquiring an additional 503,720 shares during the period. Finally, Mizuho Securities USA LLC grew its stake in O’Reilly Automotive by 10,626.8% during the 3rd quarter. Mizuho Securities USA LLC now owns 487,212 shares of the specialty retailer’s stock valued at $5,393,000 after purchasing an additional 482,670 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 news, CEO Brad W. Beckham sold 833 shares of the firm’s stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $1,300.00, for a total value of $1,082,900.00. Following the transaction, the chief executive officer now owns 760 shares in the company, valued at $988,000. This trade represents a 52.29 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Andrea Weiss sold 248 shares of O’Reilly Automotive stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $1,311.23, for a total value of $325,185.04. Following the completion of the sale, the director now directly owns 452 shares in the company, valued at $592,675.96. This represents a 35.43 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 7,894 shares of company stock valued at $10,409,618. 1.55% of the stock is owned by corporate insiders.

O’Reilly Automotive Stock Down 0.6 %

NASDAQ:ORLY opened at $1,331.06 on Friday. O’Reilly Automotive, Inc. has a 52 week low of $947.49 and a 52 week high of $1,389.05. The stock’s 50-day moving average price is $1,275.52 and its 200-day moving average price is $1,216.03. The stock has a market capitalization of $76.84 billion, a PE ratio of 32.74, a price-to-earnings-growth ratio of 2.34 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $9.96 EPS for the quarter, beating the consensus estimate of $9.73 by $0.23. O’Reilly Automotive had a negative return on equity of 166.88% and a net margin of 14.28%. Sell-side analysts expect that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

ORLY has been the subject of several research analyst reports. Evercore ISI raised their price objective on O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 3rd. Guggenheim increased their price target on shares of O’Reilly Automotive from $1,400.00 to $1,475.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Royal Bank of Canada lifted their price objective on shares of O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the company an “outperform” rating in a research note on Friday, February 7th. Wells Fargo & Company increased their price objective on shares of O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 28th. Finally, StockNews.com raised shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a report on Thursday. Two investment analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $1,390.81.

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.