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Commerzbank Aktiengesellschaft FI Sells 3,572 Shares of O’Reilly Automotive Inc (ORLY)

Commerzbank Aktiengesellschaft FI decreased its position in shares of O’Reilly Automotive Inc (NASDAQ:ORLY) by 26.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,908 shares of the specialty retailer’s stock after selling 3,572 shares during the quarter. Commerzbank Aktiengesellschaft FI’s holdings in O’Reilly Automotive were worth $2,711,000 as of its most recent filing with the Securities & Exchange Commission.

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Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ORLY. NumerixS Investment Technologies Inc boosted its position in O’Reilly Automotive by 17.4% in the second quarter. NumerixS Investment Technologies Inc now owns 3,375 shares of the specialty retailer’s stock worth $932,000 after purchasing an additional 500 shares during the last quarter. MUFG Americas Holdings Corp boosted its position in O’Reilly Automotive by 18.8% in the second quarter. MUFG Americas Holdings Corp now owns 15,123 shares of the specialty retailer’s stock worth $4,137,000 after purchasing an additional 2,388 shares during the last quarter. Sentry Investment Management LLC boosted its position in O’Reilly Automotive by 22.9% in the second quarter. Sentry Investment Management LLC now owns 5,601 shares of the specialty retailer’s stock worth $1,532,000 after purchasing an additional 1,043 shares during the last quarter. Tiverton Asset Management LLC boosted its position in O’Reilly Automotive by 5.9% in the second quarter. Tiverton Asset Management LLC now owns 68,788 shares of the specialty retailer’s stock worth $18,819,000 after purchasing an additional 3,852 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. boosted its position in O’Reilly Automotive by 2.7% in the second quarter. Oppenheimer Asset Management Inc. now owns 6,243 shares of the specialty retailer’s stock worth $1,709,000 after purchasing an additional 166 shares during the last quarter. Hedge funds and other institutional investors own 86.05% of the company’s stock.

Several research analysts have weighed in on the company. Zacks Investment Research cut O’Reilly Automotive from a “hold” rating to a “sell” rating in a research report on Tuesday, July 10th. Wells Fargo & Co reissued a “buy” rating and issued a $320.00 price objective on shares of O’Reilly Automotive in a research report on Thursday, July 19th. Moffett Nathanson cut O’Reilly Automotive from a “buy” rating to a “neutral” rating in a research report on Monday, June 25th. Royal Bank of Canada boosted their price objective on O’Reilly Automotive to $319.00 and gave the stock an “outperform” rating in a research report on Thursday, July 12th. Finally, ValuEngine raised O’Reilly Automotive from a “hold” rating to a “buy” rating in a research report on Friday, August 3rd. Eight investment analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $318.69.

Shares of NASDAQ ORLY opened at $343.78 on Wednesday. O’Reilly Automotive Inc has a one year low of $190.00 and a one year high of $345.36. The company has a debt-to-equity ratio of 8.45, a quick ratio of 0.11 and a current ratio of 0.92. The firm has a market cap of $27.02 billion, a PE ratio of 29.04, a PEG ratio of 1.34 and a beta of 0.99.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Wednesday, July 25th. The specialty retailer reported $4.28 EPS for the quarter, beating analysts’ consensus estimates of $4.04 by $0.24. O’Reilly Automotive had a return on equity of 229.48% and a net margin of 13.42%. The firm had revenue of $2.46 billion for the quarter, compared to analysts’ expectations of $2.43 billion. During the same quarter in the prior year, the firm earned $3.10 EPS. The business’s revenue for the quarter was up 7.2% compared to the same quarter last year. research analysts expect that O’Reilly Automotive Inc will post 15.9 EPS for the current fiscal year.

In other news, SVP Scott E. Kraus sold 5,000 shares of the company’s stock in a transaction on Thursday, June 7th. The stock was sold at an average price of $285.04, for a total transaction of $1,425,200.00. Following the transaction, the senior vice president now owns 6,475 shares of the company’s stock, valued at approximately $1,845,634. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Chairman David E. Oreilly sold 1,161 shares of the company’s stock in a transaction on Friday, August 24th. The shares were sold at an average price of $331.00, for a total value of $384,291.00. The disclosure for this sale can be found here. Insiders have sold a total of 246,427 shares of company stock worth $74,564,210 in the last ninety days. Insiders own 3.07% of the company’s stock.

O’Reilly Automotive Profile

O'Reilly Automotive, Inc, together with its subsidiaries, engages in the retail of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States. The company provides new and remanufactured automotive hard parts, such as alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature controls, chassis parts, driveline parts, and engine parts; maintenance items comprising oil, antifreeze products, fluids, filters, wiper blades, lighting products, engine additives, and appearance products; and accessories, such as floor mats, seat covers, and truck accessories.

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