First Horizon Advisors Inc. Sells 20 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

First Horizon Advisors Inc. lessened its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 5.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 374 shares of the specialty retailer’s stock after selling 20 shares during the period. First Horizon Advisors Inc.’s holdings in O’Reilly Automotive were worth $443,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of ORLY. Foundations Investment Advisors LLC bought a new stake in shares of O’Reilly Automotive during the 3rd quarter valued at $205,000. Private Advisor Group LLC raised its position in shares of O’Reilly Automotive by 9.9% during the 3rd quarter. Private Advisor Group LLC now owns 2,660 shares of the specialty retailer’s stock valued at $3,063,000 after acquiring an additional 239 shares during the last quarter. Allworth Financial LP raised its position in shares of O’Reilly Automotive by 23.9% during the 3rd quarter. Allworth Financial LP now owns 566 shares of the specialty retailer’s stock valued at $652,000 after acquiring an additional 109 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in shares of O’Reilly Automotive by 51.1% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 22,120 shares of the specialty retailer’s stock valued at $25,474,000 after acquiring an additional 7,482 shares during the last quarter. Finally, KP Management LLC raised its position in shares of O’Reilly Automotive by 16.7% during the 3rd quarter. KP Management LLC now owns 5,250 shares of the specialty retailer’s stock valued at $6,046,000 after acquiring an additional 750 shares during the last quarter. Institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Price Performance

Shares of NASDAQ:ORLY opened at $1,314.91 on Tuesday. The company’s 50-day moving average price is $1,254.61 and its two-hundred day moving average price is $1,204.41. O’Reilly Automotive, Inc. has a one year low of $947.49 and a one year high of $1,350.27. The stock has a market capitalization of $75.91 billion, a PE ratio of 32.34, 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 results on Wednesday, February 5th. The specialty retailer reported $9.96 EPS for the quarter, topping the consensus estimate 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%. On average, analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have commented on ORLY shares. DA Davidson upped their target price on shares of O’Reilly Automotive from $1,450.00 to $1,525.00 and gave the company a “buy” rating in a research report on Friday, February 7th. Guggenheim boosted their price target on shares of O’Reilly Automotive from $1,400.00 to $1,475.00 and gave the company a “buy” rating in a report on Friday, February 7th. Wells Fargo & Company boosted their price target on shares of O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the company an “overweight” rating in a report on Tuesday, January 28th. UBS Group boosted their price target on shares of O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the company a “buy” rating in a report on Friday, February 7th. Finally, Wedbush boosted their price target on shares of O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the company a “neutral” rating in a report on Thursday, February 6th. Two equities research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, O’Reilly Automotive presently has a consensus rating of “Buy” and an average target price of $1,390.81.

Insiders Place Their Bets

In other news, Director Lawrence P. Oreilly sold 1,000 shares of the company’s stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $1,303.68, for a total value of $1,303,680.00. Following the sale, the director now directly owns 135,377 shares of the company’s stock, valued at approximately $176,488,287.36. This represents a 0.73 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Brad W. Beckham sold 833 shares of the company’s stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $1,300.00, for a total transaction of $1,082,900.00. Following the completion of the sale, the chief executive officer now directly owns 760 shares in the company, valued at approximately $988,000. The trade was a 52.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 2,581 shares of company stock valued at $3,375,490 in the last three months. 1.55% of the stock is currently owned by corporate insiders.

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.