Smartleaf Asset Management LLC Has $661,000 Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Smartleaf Asset Management LLC boosted its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 18.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 560 shares of the specialty retailer’s stock after acquiring an additional 87 shares during the quarter. Smartleaf Asset Management LLC’s holdings in O’Reilly Automotive were worth $661,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Marks Group Wealth Management Inc raised its holdings in O’Reilly Automotive by 1.5% in the third quarter. Marks Group Wealth Management Inc now owns 605 shares of the specialty retailer’s stock worth $697,000 after purchasing an additional 9 shares during the period. Venturi Wealth Management LLC increased its position in shares of O’Reilly Automotive by 8.5% in the 3rd quarter. Venturi Wealth Management LLC now owns 115 shares of the specialty retailer’s stock valued at $132,000 after buying an additional 9 shares in the last quarter. Metis Global Partners LLC raised its stake in O’Reilly Automotive by 0.5% during the 3rd quarter. Metis Global Partners LLC now owns 1,863 shares of the specialty retailer’s stock worth $2,145,000 after buying an additional 9 shares during the period. L.M. Kohn & Company lifted its holdings in O’Reilly Automotive by 1.4% during the third quarter. L.M. Kohn & Company now owns 654 shares of the specialty retailer’s stock worth $753,000 after acquiring an additional 9 shares in the last quarter. Finally, Advisory Alpha LLC grew its stake in O’Reilly Automotive by 4.4% in the fourth quarter. Advisory Alpha LLC now owns 215 shares of the specialty retailer’s stock valued at $255,000 after acquiring an additional 9 shares during the period. Institutional investors and hedge funds own 85.00% of the company’s stock.

Insider Transactions at O’Reilly Automotive

In related news, Director Maria Sastre sold 248 shares of the stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $1,316.17, for a total value of $326,410.16. Following the sale, the director now owns 971 shares in the company, valued at approximately $1,278,001.07. This represents a 20.34 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Mark Joseph Merz sold 500 shares of the stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $1,325.00, for a total value of $662,500.00. Following the completion of the sale, the senior vice president now owns 275 shares in the company, valued at approximately $364,375. This trade represents a 64.52 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 7,894 shares of company stock worth $10,409,618 in the last 90 days. Corporate insiders own 1.55% of the company’s stock.

O’Reilly Automotive Stock Up 0.2 %

Shares of O’Reilly Automotive stock opened at $1,375.99 on Tuesday. O’Reilly Automotive, Inc. has a 12-month low of $947.49 and a 12-month high of $1,386.36. The stock has a market cap of $79.44 billion, a P/E ratio of 33.84, a P/E/G ratio of 2.34 and a beta of 0.94. The business’s 50 day moving average is $1,267.97 and its 200-day moving average is $1,212.68.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $9.73 by $0.23. O’Reilly Automotive had a negative return on equity of 166.88% and a net margin of 14.28%. On average, sell-side analysts expect that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Analysts Set New Price Targets

ORLY has been the topic of a number of research analyst reports. Wells Fargo & Company raised their price target on O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 28th. BMO Capital Markets raised their target price on shares of O’Reilly Automotive from $1,400.00 to $1,450.00 and gave the stock an “outperform” rating in a report on Monday, February 10th. Morgan Stanley upgraded shares of O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $1,150.00 to $1,450.00 in a report on Tuesday, January 21st. DA Davidson lifted their price target 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. Finally, Guggenheim increased their price objective on O’Reilly Automotive from $1,400.00 to $1,475.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Three investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $1,390.81.

O’Reilly Automotive 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.