BNP Paribas Arbitrage SA lifted its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 78.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 51,668 shares of the specialty retailer’s stock after purchasing an additional 22,714 shares during the period. BNP Paribas Arbitrage SA owned about 0.06% of O’Reilly Automotive worth $11,128,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Monetary Management Group Inc. increased its position in shares of O’Reilly Automotive by 16.3% during the second quarter. Monetary Management Group Inc. now owns 465 shares of the specialty retailer’s stock worth $102,000 after purchasing an additional 65 shares in the last quarter. Barrett Asset Management LLC increased its position in shares of O’Reilly Automotive by 261.5% during the second quarter. Barrett Asset Management LLC now owns 470 shares of the specialty retailer’s stock worth $103,000 after purchasing an additional 340 shares in the last quarter. Proficio Capital Partners LLC increased its position in shares of O’Reilly Automotive by 1.0% during the second quarter. Proficio Capital Partners LLC now owns 501 shares of the specialty retailer’s stock worth $105,000 after purchasing an additional 5 shares in the last quarter. Sun Life Financial INC increased its position in shares of O’Reilly Automotive by 5,107.7% during the second quarter. Sun Life Financial INC now owns 677 shares of the specialty retailer’s stock worth $148,000 after purchasing an additional 664 shares in the last quarter. Finally, FUKOKU MUTUAL LIFE INSURANCE Co increased its position in shares of O’Reilly Automotive by 15.9% during the second quarter. FUKOKU MUTUAL LIFE INSURANCE Co now owns 730 shares of the specialty retailer’s stock worth $160,000 after purchasing an additional 100 shares in the last quarter. Institutional investors and hedge funds own 97.98% of the company’s stock.

Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) traded up $1.72 on Wednesday, reaching $215.89. The company’s stock had a trading volume of 1,116,200 shares, compared to its average volume of 1,329,203. The stock has a market cap of $18,210.38, a price-to-earnings ratio of 18.61, a PEG ratio of 1.26 and a beta of 0.80. The company has a debt-to-equity ratio of 4.72, a current ratio of 0.93 and a quick ratio of 0.10. O’Reilly Automotive, Inc. has a 12 month low of $169.43 and a 12 month high of $286.57.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, October 25th. The specialty retailer reported $3.22 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $3.15 by $0.07. The business had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.34 billion. O’Reilly Automotive had a return on equity of 93.18% and a net margin of 12.13%. The company’s quarterly revenue was up 5.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.90 EPS. equities analysts predict that O’Reilly Automotive, Inc. will post 11.91 EPS for the current fiscal year.

O’Reilly Automotive announced that its Board of Directors has approved a stock buyback program on Friday, September 1st that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the specialty retailer to buy up to 5.8% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

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In other news, Director Rosalie Oreilly Wooten sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, August 25th. The stock was sold at an average price of $200.87, for a total transaction of $1,004,350.00. Following the sale, the director now owns 72,562 shares of the company’s stock, valued at approximately $14,575,528.94. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Jeremy Adam Fletcher sold 750 shares of the business’s stock in a transaction that occurred on Friday, November 10th. The stock was sold at an average price of $215.11, for a total value of $161,332.50. Following the sale, the senior vice president now directly owns 1,640 shares in the company, valued at approximately $352,780.40. The disclosure for this sale can be found here. Insiders have sold a total of 18,345 shares of company stock worth $3,755,572 in the last three months. Corporate insiders own 3.12% of the company’s stock.

Several equities analysts recently issued reports on ORLY shares. Oppenheimer Holdings, Inc. dropped their price target on O’Reilly Automotive from $300.00 to $220.00 and set an “outperform” rating on the stock in a research report on Thursday, July 20th. Wedbush restated a “neutral” rating and issued a $195.00 price target on shares of O’Reilly Automotive in a research report on Thursday, July 27th. Deutsche Bank AG restated a “hold” rating and issued a $190.00 price target (down previously from $272.00) on shares of O’Reilly Automotive in a research report on Friday, July 21st. UBS AG restated a “buy” rating and issued a $230.00 price target (down previously from $255.00) on shares of O’Reilly Automotive in a research report on Tuesday, July 25th. Finally, Bank of America Corporation restated a “buy” rating and issued a $250.00 price target on shares of O’Reilly Automotive in a research report on Tuesday, September 5th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $243.48.

About O’Reilly Automotive

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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