Los Angeles Capital Management LLC Has $67.46 Million Stock Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Los Angeles Capital Management LLC raised its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 18.1% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 71,008 shares of the specialty retailer’s stock after acquiring an additional 10,858 shares during the period. Los Angeles Capital Management LLC’s holdings in O’Reilly Automotive were worth $67,463,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Natixis Advisors L.P. lifted its position in O’Reilly Automotive by 3.0% during the 4th quarter. Natixis Advisors L.P. now owns 169,495 shares of the specialty retailer’s stock worth $161,034,000 after buying an additional 5,000 shares in the last quarter. First Trust Direct Indexing L.P. increased its holdings in O’Reilly Automotive by 25.0% during the fourth quarter. First Trust Direct Indexing L.P. now owns 1,099 shares of the specialty retailer’s stock worth $1,044,000 after buying an additional 220 shares during the last quarter. Summit Financial LLC raised its position in O’Reilly Automotive by 8.9% during the fourth quarter. Summit Financial LLC now owns 1,559 shares of the specialty retailer’s stock worth $1,481,000 after acquiring an additional 127 shares in the last quarter. Brighton Jones LLC increased its stake in shares of O’Reilly Automotive by 16.0% during the 4th quarter. Brighton Jones LLC now owns 529 shares of the specialty retailer’s stock worth $503,000 after purchasing an additional 73 shares during the last quarter. Finally, Mission Wealth Management LP lifted its stake in O’Reilly Automotive by 2.8% in the 4th quarter. Mission Wealth Management LP now owns 629 shares of the specialty retailer’s stock valued at $598,000 after purchasing an additional 17 shares during the last quarter. Institutional investors own 85.00% of the company’s stock.

Insider Buying and Selling at O’Reilly Automotive

In related news, Chairman David E. Oreilly sold 10,000 shares of the firm’s stock in a transaction dated Friday, February 16th. The shares were sold at an average price of $1,053.58, for a total transaction of $10,535,800.00. Following the transaction, the chairman now directly owns 216,539 shares of the company’s stock, valued at $228,141,159.62. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, Chairman David E. Oreilly sold 10,000 shares of O’Reilly Automotive stock in a transaction on Friday, February 16th. The stock was sold at an average price of $1,053.58, for a total transaction of $10,535,800.00. Following the sale, the chairman now directly owns 216,539 shares in the company, valued at $228,141,159.62. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Doug D. Bragg sold 1,218 shares of O’Reilly Automotive stock in a transaction on Monday, February 26th. The stock was sold at an average price of $1,063.54, for a total value of $1,295,391.72. Following the sale, the executive vice president now owns 5,533 shares in the company, valued at $5,884,566.82. The disclosure for this sale can be found here. In the last 90 days, insiders sold 25,968 shares of company stock worth $27,269,333. 1.55% of the stock is owned by corporate insiders.

O’Reilly Automotive Stock Up 0.7 %

O’Reilly Automotive stock traded up $6.72 during mid-day trading on Friday, hitting $1,012.95. 417,973 shares of the stock were exchanged, compared to its average volume of 377,452. The stock has a market capitalization of $59.79 billion, a price-to-earnings ratio of 25.71, a PEG ratio of 1.89 and a beta of 0.90. O’Reilly Automotive, Inc. has a 12 month low of $860.10 and a 12 month high of $1,169.11. The firm’s fifty day simple moving average is $1,094.80 and its two-hundred day simple moving average is $1,018.16.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $9.18 by $0.02. O’Reilly Automotive had a negative return on equity of 145.86% and a net margin of 14.78%. The firm had revenue of $3.98 billion for the quarter, compared to analyst estimates of $3.99 billion. During the same period in the previous year, the firm earned $8.28 earnings per share. The company’s revenue was up 7.2% compared to the same quarter last year. As a group, analysts forecast that O’Reilly Automotive, Inc. will post 41.92 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Wedbush reaffirmed a “neutral” rating and issued a $1,100.00 price objective on shares of O’Reilly Automotive in a research report on Thursday, April 25th. Royal Bank of Canada raised their price objective on shares of O’Reilly Automotive from $1,003.00 to $1,078.00 and gave the stock an “outperform” rating in a research report on Friday, February 9th. The Goldman Sachs Group upped their target price on O’Reilly Automotive from $1,022.00 to $1,170.00 and gave the company a “buy” rating in a research report on Friday, February 9th. Wells Fargo & Company dropped their price target on O’Reilly Automotive from $1,300.00 to $1,200.00 and set an “overweight” rating for the company in a report on Thursday, April 25th. Finally, Evercore ISI reduced their target price on shares of O’Reilly Automotive from $1,220.00 to $1,200.00 and set an “outperform” rating for the company in a research report on Friday, April 26th. Four investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $1,110.07.

O’Reilly Automotive 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.