Choreo LLC Grows Stock Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Choreo LLC lifted its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 20.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,090 shares of the specialty retailer’s stock after acquiring an additional 182 shares during the quarter. Choreo LLC’s holdings in O’Reilly Automotive were worth $1,036,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of ORLY. Jennison Associates LLC increased its position in shares of O’Reilly Automotive by 7.6% during the fourth quarter. Jennison Associates LLC now owns 947,484 shares of the specialty retailer’s stock worth $900,186,000 after purchasing an additional 66,629 shares in the last quarter. Invesco Ltd. increased its position in O’Reilly Automotive by 3.7% during the 3rd quarter. Invesco Ltd. now owns 888,110 shares of the specialty retailer’s stock valued at $807,168,000 after buying an additional 31,487 shares in the last quarter. Northern Trust Corp raised its stake in O’Reilly Automotive by 3.5% in the third quarter. Northern Trust Corp now owns 683,547 shares of the specialty retailer’s stock valued at $621,249,000 after buying an additional 23,016 shares during the last quarter. International Assets Investment Management LLC boosted its holdings in O’Reilly Automotive by 89,319.3% in the fourth quarter. International Assets Investment Management LLC now owns 653,655 shares of the specialty retailer’s stock worth $621,025,000 after acquiring an additional 652,924 shares in the last quarter. Finally, Winslow Capital Management LLC grew its stake in shares of O’Reilly Automotive by 14.7% during the third quarter. Winslow Capital Management LLC now owns 302,615 shares of the specialty retailer’s stock worth $275,035,000 after acquiring an additional 38,762 shares during the last quarter. Hedge funds and other institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Stock Down 2.3 %

Shares of ORLY opened at $1,013.26 on Wednesday. O’Reilly Automotive, Inc. has a 52-week low of $860.10 and a 52-week high of $1,169.11. The stock has a fifty day simple moving average of $1,096.47 and a two-hundred day simple moving average of $1,018.34. The company has a market capitalization of $59.81 billion, a PE ratio of 25.72, a price-to-earnings-growth ratio of 1.95 and a beta of 0.86.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Thursday, April 25th. The specialty retailer reported $9.20 EPS for the quarter, beating the consensus estimate of $9.18 by $0.02. O’Reilly Automotive had a net margin of 14.78% and a negative return on equity of 145.86%. The firm had revenue of $3.98 billion for the quarter, compared to analyst estimates of $3.99 billion. The business’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $8.28 EPS. As a group, equities analysts anticipate that O’Reilly Automotive, Inc. will post 41.93 earnings per share for the current fiscal year.

Insider Buying and Selling

In other O’Reilly Automotive news, SVP Jeffrey Alan Lauro sold 431 shares of the business’s stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $1,038.63, for a total transaction of $447,649.53. Following the sale, the senior vice president now directly owns 963 shares in the company, valued at $1,000,200.69. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other O’Reilly Automotive news, SVP Jeffrey Alan Lauro sold 431 shares of the business’s stock in a transaction on Tuesday, February 13th. The shares were sold at an average price of $1,038.63, for a total value of $447,649.53. Following the completion of the transaction, the senior vice president now owns 963 shares in the company, valued at $1,000,200.69. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Chairman David E. Oreilly sold 10,000 shares of the stock in a transaction dated Friday, February 16th. The shares were sold at an average price of $1,053.58, for a total value of $10,535,800.00. Following the completion of the sale, the chairman now directly owns 216,539 shares in the company, valued at approximately $228,141,159.62. The disclosure for this sale can be found here. In the last quarter, insiders sold 25,968 shares of company stock valued at $27,269,333. Company insiders own 1.18% of the company’s stock.

Wall Street Analyst Weigh In

ORLY has been the subject of a number of recent analyst reports. StockNews.com upgraded shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a research note on Thursday, April 25th. Royal Bank of Canada lifted their price objective on O’Reilly Automotive from $1,003.00 to $1,078.00 and gave the company an “outperform” rating in a research note on Friday, February 9th. The Goldman Sachs Group boosted their price objective on O’Reilly Automotive from $1,022.00 to $1,170.00 and gave the company a “buy” rating in a report on Friday, February 9th. UBS Group raised their target price on O’Reilly Automotive from $1,125.00 to $1,275.00 and gave the stock a “buy” rating in a report on Wednesday, April 17th. Finally, Barclays boosted their price target on O’Reilly Automotive from $954.00 to $986.00 and gave the company an “equal weight” rating in a report on Thursday, January 4th. Three equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $1,110.07.

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.