Teachers Retirement System of The State of Kentucky lifted its holdings in shares of O'Reilly Automotive Inc (NASDAQ:ORLY) by 519.2% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 61,300 shares of the specialty retailer’s stock after acquiring an additional 51,400 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in O'Reilly Automotive were worth $14,745,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. NEXT Financial Group Inc acquired a new stake in shares of O'Reilly Automotive during the 3rd quarter worth approximately $100,000. Amica Retiree Medical Trust bought a new position in O'Reilly Automotive during the 3rd quarter worth approximately $107,000. NuWave Investment Management LLC bought a new position in O'Reilly Automotive during the 4th quarter worth approximately $122,000. Tower Research Capital LLC TRC boosted its stake in O'Reilly Automotive by 58.4% during the 4th quarter. Tower Research Capital LLC TRC now owns 651 shares of the specialty retailer’s stock worth $157,000 after acquiring an additional 240 shares during the last quarter. Finally, Fieldpoint Private Securities LLC bought a new position in O'Reilly Automotive during the 3rd quarter worth approximately $141,000. Institutional investors own 88.62% of the company’s stock.

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O'Reilly Automotive Inc (NASDAQ ORLY) opened at $250.82 on Wednesday. The company has a quick ratio of 0.11, a current ratio of 0.93 and a debt-to-equity ratio of 4.56. O'Reilly Automotive Inc has a one year low of $169.43 and a one year high of $279.23. The firm has a market cap of $20,844.09, a P/E ratio of 19.80, a price-to-earnings-growth ratio of 1.01 and a beta of 0.95.

O'Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, February 7th. The specialty retailer reported $2.90 earnings per share for the quarter, beating the Zacks’ consensus estimate of $2.78 by $0.12. O'Reilly Automotive had a net margin of 12.63% and a return on equity of 119.05%. The firm had revenue of $2.19 billion for the quarter, compared to analyst estimates of $2.19 billion. During the same quarter in the previous year, the firm posted $2.59 earnings per share. The business’s revenue was up 4.4% on a year-over-year basis. equities research analysts expect that O'Reilly Automotive Inc will post 15.44 EPS for the current year.

O'Reilly Automotive announced that its Board of Directors has approved a share buyback program on Wednesday, February 7th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the specialty retailer to reacquire shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company’s leadership believes its stock is undervalued.

ORLY has been the topic of several recent analyst reports. Moffett Nathanson initiated coverage on shares of O'Reilly Automotive in a research note on Monday, December 4th. They set a “buy” rating on the stock. Jefferies Group reissued a “buy” rating and set a $297.00 price objective on shares of O'Reilly Automotive in a research note on Friday, February 9th. Citigroup lifted their price objective on shares of O'Reilly Automotive from $290.00 to $309.00 and gave the stock a “buy” rating in a research note on Friday, February 9th. Zacks Investment Research raised shares of O'Reilly Automotive from a “hold” rating to a “buy” rating and set a $272.00 price objective on the stock in a research note on Wednesday, December 27th. Finally, Stephens set a $300.00 price objective on shares of O'Reilly Automotive and gave the stock a “buy” rating in a research note on Wednesday, January 17th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $251.05.

In other O'Reilly Automotive news, SVP Randy Johnson sold 1,040 shares of O'Reilly Automotive stock in a transaction that occurred on Tuesday, January 2nd. The shares were sold at an average price of $241.34, for a total value of $250,993.60. Following the transaction, the senior vice president now owns 9,263 shares of the company’s stock, valued at $2,235,532.42. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Jeffrey Lynn Groves sold 5,000 shares of O'Reilly Automotive stock in a transaction that occurred on Friday, January 19th. The shares were sold at an average price of $270.00, for a total transaction of $1,350,000.00. Following the completion of the transaction, the senior vice president now directly owns 5,008 shares in the company, valued at approximately $1,352,160. The disclosure for this sale can be found here. In the last ninety days, insiders sold 29,775 shares of company stock worth $7,784,074. Insiders own 3.12% of the company’s stock.

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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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