Great West Life Assurance Co. Can lowered its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 68,155 shares of the specialty retailer’s stock after selling 928 shares during the period. Great West Life Assurance Co. Can owned about 0.07% of O’Reilly Automotive worth $14,892,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the company. Beese Fulmer Investment Management Inc. increased its stake in O’Reilly Automotive by 0.8% in the first quarter. Beese Fulmer Investment Management Inc. now owns 19,968 shares of the specialty retailer’s stock valued at $5,388,000 after buying an additional 166 shares during the last quarter. Private Trust Co. NA bought a new stake in O’Reilly Automotive during the first quarter valued at approximately $635,000. Horrell Capital Management Inc. increased its stake in O’Reilly Automotive by 0.4% in the first quarter. Horrell Capital Management Inc. now owns 27,260 shares of the specialty retailer’s stock valued at $7,356,000 after buying an additional 100 shares during the last quarter. Bremer Trust National Association increased its stake in O’Reilly Automotive by 8.9% in the first quarter. Bremer Trust National Association now owns 2,026 shares of the specialty retailer’s stock valued at $547,000 after buying an additional 165 shares during the last quarter. Finally, Regentatlantic Capital LLC increased its stake in O’Reilly Automotive by 12.8% in the first quarter. Regentatlantic Capital LLC now owns 893 shares of the specialty retailer’s stock valued at $241,000 after buying an additional 101 shares during the last quarter. Institutional investors and hedge funds own 95.61% of the company’s stock.

O’Reilly Automotive, Inc. (NASDAQ:ORLY) opened at 205.09 on Tuesday. O’Reilly Automotive, Inc. has a 12 month low of $169.43 and a 12 month high of $291.56. The firm has a market cap of $18.05 billion, a P/E ratio of 17.97 and a beta of 0.74. The firm has a 50 day moving average of $202.81 and a 200-day moving average of $245.61.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data on Wednesday, July 26th. The specialty retailer reported $3.10 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.90 by $0.20. O’Reilly Automotive had a net margin of 12.23% and a return on equity of 72.22%. The company had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.29 billion. During the same period last year, the firm posted $2.65 EPS. O’Reilly Automotive’s revenue for the quarter was up 5.2% on a year-over-year basis. On average, equities research analysts forecast that O’Reilly Automotive, Inc. will post $11.88 earnings per share for the current year.

O’Reilly Automotive announced that its board has approved a stock buyback program on Wednesday, May 10th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the specialty retailer to buy up to 4.3% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board believes its shares are undervalued.

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Several research firms have recently commented on ORLY. Deutsche Bank AG downgraded shares of O’Reilly Automotive from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $315.00 to $273.00 in a research note on Tuesday, April 25th. Royal Bank Of Canada lowered their price objective on shares of O’Reilly Automotive from $304.00 to $297.00 and set a “sector perform” rating for the company in a research note on Tuesday, April 25th. Credit Suisse Group set a $290.00 price objective on shares of O’Reilly Automotive and gave the stock a “buy” rating in a research note on Monday, April 24th. Oppenheimer Holdings, Inc. set a $300.00 price objective on shares of O’Reilly Automotive and gave the stock a “buy” rating in a research note on Thursday, April 27th. Finally, Stephens set a $315.00 price objective on shares of O’Reilly Automotive and gave the stock a “buy” rating in a research note on Friday, April 28th. One analyst has rated the stock with a sell rating, twelve have given a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $242.80.

In other news, Chairman David E. Oreilly sold 25,000 shares of the firm’s stock in a transaction on Friday, May 19th. The shares were sold at an average price of $250.56, for a total value of $6,264,000.00. Following the completion of the sale, the chairman now owns 145,568 shares in the company, valued at approximately $36,473,518.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Rosalie Oreilly Wooten sold 5,000 shares of the firm’s stock in a transaction on Thursday, August 3rd. The stock was sold at an average price of $210.14, for a total transaction of $1,050,700.00. Following the completion of the sale, the director now owns 77,562 shares of the company’s stock, valued at approximately $16,298,878.68. The disclosure for this sale can be found here. Insiders sold a total of 32,080 shares of company stock valued at $7,754,807 in the last 90 days. Company insiders own 3.12% of the company’s stock.

O’Reilly Automotive Company Profile

O’Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. The Company sells its products to both do-it-yourself (DIY) and professional service provider customers. The Company’s product line includes new and remanufactured automotive hard parts, such as alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature control, chassis parts, driveline parts and engine parts; maintenance items, such as oil, antifreeze, fluids, filters, wiper blades, lighting, engine additives and appearance products, and accessories, such as floor mats, seat covers and truck accessories.

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Institutional Ownership by Quarter for O`Reilly Automotive (NASDAQ:ORLY)

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