United Advisor Group LLC Increases Stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

United Advisor Group LLC grew its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 54.0% during the 3rd quarter, Holdings Channel reports. The fund owned 311 shares of the specialty retailer’s stock after buying an additional 109 shares during the quarter. United Advisor Group LLC’s holdings in O’Reilly Automotive were worth $358,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Trifecta Capital Advisors LLC increased its holdings in shares of O’Reilly Automotive by 383.3% in the 3rd quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock valued at $33,000 after purchasing an additional 23 shares in the last quarter. Princeton Global Asset Management LLC acquired a new stake in shares of O’Reilly Automotive during the 3rd quarter worth about $41,000. Crewe Advisors LLC acquired a new position in shares of O’Reilly Automotive in the first quarter valued at approximately $43,000. Kings Path Partners LLC purchased a new stake in O’Reilly Automotive in the 2nd quarter worth approximately $44,000. Finally, ORG Partners LLC acquired a new stake in shares of O’Reilly Automotive during the second quarter worth $48,000. 85.00% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Chairman David E. Oreilly sold 1,000 shares of the firm’s stock in a transaction on Monday, August 19th. The stock was sold at an average price of $1,118.88, for a total value of $1,118,880.00. Following the completion of the sale, the chairman now directly owns 183,583 shares in the company, valued at approximately $205,407,347.04. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. In other O’Reilly Automotive news, Director Lawrence P. Oreilly sold 13,765 shares of the stock in a transaction on Monday, August 19th. The shares were sold at an average price of $1,119.52, for a total value of $15,410,192.80. Following the sale, the director now directly owns 141,589 shares in the company, valued at approximately $158,511,717.28. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Chairman David E. Oreilly sold 1,000 shares of O’Reilly Automotive stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $1,118.88, for a total value of $1,118,880.00. Following the transaction, the chairman now owns 183,583 shares in the company, valued at approximately $205,407,347.04. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 16,322 shares of company stock valued at $18,280,698. 1.18% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Roth Capital raised shares of O’Reilly Automotive to a “strong-buy” rating in a research note on Tuesday, October 15th. Bank of America increased their price objective on shares of O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the stock a “buy” rating in a research report on Thursday, August 22nd. Evercore ISI raised their target price on O’Reilly Automotive from $1,215.00 to $1,230.00 and gave the company an “outperform” rating in a report on Thursday, August 22nd. BNP Paribas upgraded shares of O’Reilly Automotive to a “strong-buy” rating in a research note on Friday, October 25th. Finally, Wells Fargo & Company upped their target price on shares of O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the company an “overweight” rating in a research note on Monday, October 14th. Four research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $1,242.13.

O’Reilly Automotive Stock Up 6.2 %

NASDAQ:ORLY opened at $1,234.15 on Thursday. O’Reilly Automotive, Inc. has a 12 month low of $914.50 and a 12 month high of $1,239.65. The firm has a market cap of $71.59 billion, a price-to-earnings ratio of 30.53, a P/E/G ratio of 2.35 and a beta of 0.92. The company’s 50 day moving average is $1,157.95 and its 200-day moving average is $1,086.81.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share for the quarter, missing the consensus estimate of $11.53 by ($0.12). O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The firm had revenue of $4.36 billion for the quarter, compared to analyst estimates of $4.42 billion. During the same period in the previous year, the business posted $10.72 EPS. O’Reilly Automotive’s revenue for the quarter was up 3.8% compared to the same quarter last year. Research analysts predict that O’Reilly Automotive, Inc. will post 40.82 EPS for the current fiscal year.

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.