Invesco LLC Sells 36 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Invesco LLC trimmed its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 15.3% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 199 shares of the specialty retailer’s stock after selling 36 shares during the period. Invesco LLC’s holdings in O’Reilly Automotive were worth $225,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. Rise Advisors LLC bought a new position in O’Reilly Automotive during the first quarter worth about $36,000. Newbridge Financial Services Group Inc. bought a new position in O’Reilly Automotive during the first quarter worth about $37,000. Indiana Trust & Investment Management CO lifted its holdings in 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 acquiring an additional 26 shares in the last quarter. Riverview Trust Co bought a new position in O’Reilly Automotive during the first quarter worth about $41,000. Finally, LifeSteps Financial Inc. bought a new position in O’Reilly Automotive during the first quarter worth about $45,000. 85.00% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts have weighed in on the company. UBS Group reduced their target price on O’Reilly Automotive from $1,275.00 to $1,250.00 and set a “buy” rating on the stock in a report on Thursday, July 18th. Evercore ISI reduced their target price on O’Reilly Automotive from $1,250.00 to $1,225.00 and set an “outperform” rating on the stock in a report on Tuesday, July 16th. Wells Fargo & Company cut their price target on O’Reilly Automotive from $1,300.00 to $1,200.00 and set an “overweight” rating on the stock in a report on Thursday, April 25th. StockNews.com lowered O’Reilly Automotive from a “buy” rating to a “hold” rating in a report on Friday, May 3rd. Finally, Wedbush restated a “neutral” rating and issued a $1,100.00 price target on shares of O’Reilly Automotive in a report on Thursday, April 25th. Four research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to data from MarketBeat, O’Reilly Automotive presently has a consensus rating of “Moderate Buy” and an average price target of $1,113.36.

O’Reilly Automotive Stock Performance

ORLY traded down $8.09 on Tuesday, hitting $1,049.01. 328,072 shares of the company were exchanged, compared to its average volume of 393,011. O’Reilly Automotive, Inc. has a 12 month low of $860.10 and a 12 month high of $1,169.11. The company has a market cap of $61.78 billion, a PE ratio of 26.83, a PEG ratio of 1.92 and a beta of 0.92. The stock’s fifty day moving average is $1,016.00 and its 200-day moving average is $1,043.62.

O’Reilly Automotive (NASDAQ:ORLY) last released its earnings results on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share (EPS) 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 business had revenue of $3.98 billion for the quarter, compared to analyst estimates of $3.99 billion. During the same quarter in the prior year, the company posted $8.28 earnings per share. O’Reilly Automotive’s revenue was up 7.2% on a year-over-year basis. As a group, equities research analysts expect that O’Reilly Automotive, Inc. will post 41.7 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Lawrence P. Oreilly sold 1,500 shares of the company’s 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 sale, the director now owns 31,613 shares in the company, valued at $30,016,543.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other O’Reilly Automotive news, Director Lawrence P. Oreilly sold 1,500 shares of the business’s stock in a transaction that occurred on 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 transaction, the director now owns 31,613 shares of the company’s stock, valued at $30,016,543.50. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Brad W. Beckham sold 6,032 shares of the business’s stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $1,015.00, for a total value of $6,122,480.00. Following the transaction, the chief executive officer now directly owns 716 shares in the company, valued at approximately $726,740. The disclosure for this sale can be found here. 1.55% of the stock is currently owned by corporate insiders.

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.