MONECO Advisors LLC Buys 43 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

MONECO Advisors LLC boosted its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 10.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 436 shares of the specialty retailer’s stock after purchasing an additional 43 shares during the period. MONECO Advisors LLC’s holdings in O’Reilly Automotive were worth $517,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Assetmark Inc. grew its position in O’Reilly Automotive by 20.8% in the 3rd quarter. Assetmark Inc. now owns 18,580 shares of the specialty retailer’s stock worth $21,396,000 after purchasing an additional 3,193 shares during the period. Annex Advisory Services LLC grew its position in O’Reilly Automotive by 23.2% in the 4th quarter. Annex Advisory Services LLC now owns 34,027 shares of the specialty retailer’s stock worth $40,349,000 after purchasing an additional 6,418 shares during the period. CIBC Asset Management Inc grew its position in O’Reilly Automotive by 4.7% in the 3rd quarter. CIBC Asset Management Inc now owns 19,597 shares of the specialty retailer’s stock worth $22,568,000 after purchasing an additional 882 shares during the period. Montecito Bank & Trust bought a new stake in O’Reilly Automotive in the 4th quarter worth approximately $365,000. Finally, Nomura Asset Management Co. Ltd. grew its position in O’Reilly Automotive by 6.9% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 27,907 shares of the specialty retailer’s stock worth $32,138,000 after purchasing an additional 1,811 shares during the period. Institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Stock Up 0.9 %

Shares of ORLY stock opened at $1,314.91 on Tuesday. The stock has a market cap of $75.91 billion, a P/E ratio of 32.34, a PEG ratio of 2.34 and a beta of 0.94. O’Reilly Automotive, Inc. has a 52 week low of $947.49 and a 52 week high of $1,350.27. The company’s fifty day simple moving average is $1,254.61 and its two-hundred day simple moving average is $1,204.41.

O’Reilly Automotive (NASDAQ:ORLY) last announced 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 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Wedbush boosted their price objective on shares of O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the company a “neutral” rating in a research report on Thursday, February 6th. Wells Fargo & Company boosted their price objective on shares of O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the company an “overweight” rating in a research report on Tuesday, January 28th. BMO Capital Markets boosted their price objective on shares of O’Reilly Automotive from $1,400.00 to $1,450.00 and gave the company an “outperform” rating in a research report on Monday, February 10th. Evercore ISI boosted their price objective on shares of O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an “outperform” rating in a research report on Tuesday, December 3rd. Finally, Barclays boosted their price objective on shares of O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the company an “equal weight” rating in a research report on Friday, February 7th. Two analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, O’Reilly Automotive currently has an average rating of “Buy” and an average price target of $1,390.81.

Insiders Place Their Bets

In other O’Reilly Automotive news, Director Lawrence P. Oreilly sold 1,000 shares of the business’s stock in a transaction on 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 owns 135,377 shares in the company, valued at $176,488,287.36. The trade was a 0.73 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 sale, the chief executive officer now owns 760 shares in the company, valued at $988,000. This represents a 52.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 2,581 shares of company stock worth $3,375,490 in the last 90 days. 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.