AGF Management Ltd. Sells 663 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

AGF Management Ltd. lowered its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 22.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,262 shares of the specialty retailer’s stock after selling 663 shares during the period. AGF Management Ltd.’s holdings in O’Reilly Automotive were worth $2,682,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Wealthfront Advisers LLC boosted its holdings in shares of O’Reilly Automotive by 228.2% in the 4th quarter. Wealthfront Advisers LLC now owns 26,290 shares of the specialty retailer’s stock worth $31,175,000 after purchasing an additional 18,279 shares during the period. Inspire Advisors LLC lifted its position in O’Reilly Automotive by 14.4% in the fourth quarter. Inspire Advisors LLC now owns 1,066 shares of the specialty retailer’s stock worth $1,264,000 after buying an additional 134 shares during the last quarter. Donaldson Capital Management LLC boosted its stake in O’Reilly Automotive by 2.6% during the fourth quarter. Donaldson Capital Management LLC now owns 6,715 shares of the specialty retailer’s stock worth $7,963,000 after buying an additional 167 shares during the period. Founders Financial Alliance LLC bought a new position in O’Reilly Automotive during the fourth quarter valued at $250,000. Finally, Citizens Financial Group Inc. RI increased its position in O’Reilly Automotive by 51.6% during the fourth quarter. Citizens Financial Group Inc. RI now owns 1,075 shares of the specialty retailer’s stock valued at $1,275,000 after acquiring an additional 366 shares during the last quarter. 85.00% of the stock is owned by institutional investors.

O’Reilly Automotive Stock Performance

NASDAQ ORLY opened at $1,289.49 on Friday. The company’s 50-day simple moving average is $1,288.56 and its two-hundred day simple moving average is $1,222.68. O’Reilly Automotive, Inc. has a one year low of $947.49 and a one year high of $1,389.05. The company has a market capitalization of $73.85 billion, a price-to-earnings ratio of 31.71, a price-to-earnings-growth ratio of 2.34 and a beta of 0.91.

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, topping 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%. Equities analysts expect that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Insider Transactions at O’Reilly Automotive

In other news, EVP Jason Lee Tarrant sold 1,992 shares of O’Reilly Automotive stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $1,339.10, for a total value of $2,667,487.20. Following the transaction, the executive vice president now owns 1,398 shares of the company’s stock, valued at $1,872,061.80. The trade was a 58.76 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Mark Joseph Merz sold 500 shares of the stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $1,325.00, for a total transaction of $662,500.00. Following the sale, the senior vice president now directly owns 275 shares of the company’s stock, valued at $364,375. The trade was a 64.52 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 7,894 shares of company stock valued at $10,409,618. Corporate insiders own 1.18% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on ORLY shares. UBS Group lifted 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 note on Friday, February 7th. BMO Capital Markets raised their price objective on shares of O’Reilly Automotive from $1,400.00 to $1,450.00 and gave the stock an “outperform” rating in a research note on Monday, February 10th. DA Davidson upped their target price on O’Reilly Automotive from $1,450.00 to $1,525.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Guggenheim reiterated a “buy” rating and issued a $1,475.00 price target on shares of O’Reilly Automotive in a report on Monday. Finally, Evercore ISI boosted their price objective on O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an “outperform” rating in a report on Tuesday, December 3rd. Two research analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $1,390.81.

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.