O’Reilly Automotive, Inc. $ORLY Shares Sold by Vantage Investment Partners LLC

Vantage Investment Partners LLC trimmed its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 9.7% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 430,418 shares of the specialty retailer’s stock after selling 46,072 shares during the quarter. O’Reilly Automotive makes up 3.2% of Vantage Investment Partners LLC’s investment portfolio, making the stock its 9th largest position. Vantage Investment Partners LLC’s holdings in O’Reilly Automotive were worth $46,403,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Vanguard Group Inc. boosted its stake in shares of O’Reilly Automotive by 1,404.9% in the second quarter. Vanguard Group Inc. now owns 78,834,967 shares of the specialty retailer’s stock worth $7,105,396,000 after acquiring an additional 73,596,571 shares during the last quarter. State Street Corp raised its position in shares of O’Reilly Automotive by 1,424.2% in the second quarter. State Street Corp now owns 37,179,783 shares of the specialty retailer’s stock valued at $3,351,014,000 after buying an additional 34,740,553 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of O’Reilly Automotive by 1,443.1% in the second quarter. Geode Capital Management LLC now owns 23,679,108 shares of the specialty retailer’s stock worth $2,130,866,000 after buying an additional 22,144,563 shares in the last quarter. Bank of New York Mellon Corp boosted its position in O’Reilly Automotive by 1,317.8% during the second quarter. Bank of New York Mellon Corp now owns 17,651,104 shares of the specialty retailer’s stock worth $1,590,894,000 after acquiring an additional 16,406,181 shares during the last quarter. Finally, Jennison Associates LLC boosted its position in O’Reilly Automotive by 1,820.9% during the second quarter. Jennison Associates LLC now owns 14,116,976 shares of the specialty retailer’s stock worth $1,272,363,000 after acquiring an additional 13,382,074 shares during the last quarter. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Insider Buying and Selling

In other O’Reilly Automotive news, SVP Philip M. Hopper sold 3,500 shares of the company’s stock in a transaction dated Wednesday, November 26th. The stock was sold at an average price of $101.25, for a total transaction of $354,375.00. Following the sale, the senior vice president owned 4,792 shares in the company, valued at $485,190. This represents a 42.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director John Raymond Murphy sold 3,125 shares of the company’s stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $92.60, for a total transaction of $289,375.00. Following the sale, the director owned 8,125 shares in the company, valued at $752,375. The trade was a 27.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 8,980 shares of company stock valued at $882,335 in the last three months. 1.01% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on ORLY shares. The Goldman Sachs Group set a $121.00 price target on O’Reilly Automotive and gave the company a “buy” rating in a research report on Friday, October 24th. Royal Bank Of Canada set a $110.00 target price on O’Reilly Automotive and gave the company an “outperform” rating in a report on Friday, October 24th. Barclays set a $91.00 price target on O’Reilly Automotive and gave the stock an “equal weight” rating in a report on Monday, October 27th. Wells Fargo & Company set a $115.00 price objective on shares of O’Reilly Automotive and gave the company an “overweight” rating in a report on Wednesday, October 15th. Finally, Wolfe Research upgraded shares of O’Reilly Automotive from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 22nd. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $111.80.

O’Reilly Automotive Stock Up 0.1%

NASDAQ:ORLY opened at $98.88 on Friday. The stock’s fifty day moving average is $95.41 and its two-hundred day moving average is $98.70. O’Reilly Automotive, Inc. has a 52 week low of $82.62 and a 52 week high of $108.71. The stock has a market capitalization of $83.46 billion, a price-to-earnings ratio of 34.25, a price-to-earnings-growth ratio of 2.10 and a beta of 0.63.

O’Reilly Automotive (NASDAQ:ORLY) last released its earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.02. O’Reilly Automotive had a negative return on equity of 206.86% and a net margin of 14.23%.The company had revenue of $4.71 billion during the quarter, compared to the consensus estimate of $4.69 billion. During the same period in the previous year, the company posted $11.41 EPS. O’Reilly Automotive’s revenue was up 7.8% compared to the same quarter last year. On average, sell-side analysts expect that O’Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

About O’Reilly Automotive

O’Reilly Automotive, Inc is a leading retailer and distributor in the automotive aftermarket, supplying parts, tools, supplies and accessories for both professional service providers and do‑it‑yourself (DIY) customers. The company’s product assortment covers replacement parts, maintenance items, performance parts, collision components and shop equipment, complemented by diagnostic tools, batteries, chemicals and consumables. O’Reilly serves customers through company-operated retail stores, commercial sales programs for repair shops and maintenance fleets, and digital channels that support parts lookup, ordering and fulfillment.

The company operates a broad supply chain that includes regional distribution centers to support rapid replenishment of store inventory and commercial deliveries.