ST. Nicholas Private Asset Management Inc. Makes New $2.62 Million Investment in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

ST. Nicholas Private Asset Management Inc. bought a new position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 2,206 shares of the specialty retailer’s stock, valued at approximately $2,616,000. O’Reilly Automotive accounts for about 2.3% of ST. Nicholas Private Asset Management Inc.’s holdings, making the stock its 15th largest position.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Marks Group Wealth Management Inc increased its stake in shares of O’Reilly Automotive by 1.5% during the third quarter. Marks Group Wealth Management Inc now owns 605 shares of the specialty retailer’s stock worth $697,000 after buying an additional 9 shares during the period. Venturi Wealth Management LLC increased its stake in shares of O’Reilly Automotive by 8.5% during the third quarter. Venturi Wealth Management LLC now owns 115 shares of the specialty retailer’s stock worth $132,000 after buying an additional 9 shares during the period. Metis Global Partners LLC increased its stake in shares of O’Reilly Automotive by 0.5% during the third quarter. Metis Global Partners LLC now owns 1,863 shares of the specialty retailer’s stock worth $2,145,000 after buying an additional 9 shares during the period. L.M. Kohn & Company increased its stake in shares of O’Reilly Automotive by 1.4% during the third quarter. L.M. Kohn & Company now owns 654 shares of the specialty retailer’s stock worth $753,000 after buying an additional 9 shares during the period. Finally, Advisory Alpha LLC increased its stake in shares of O’Reilly Automotive by 4.4% during the fourth quarter. Advisory Alpha LLC now owns 215 shares of the specialty retailer’s stock worth $255,000 after buying an additional 9 shares during the period. Institutional investors and hedge funds own 85.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on ORLY. Guggenheim upped their target price on shares of O’Reilly Automotive from $1,400.00 to $1,475.00 and gave the stock a “buy” rating in a research note on Friday, February 7th. Morgan Stanley raised O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $1,150.00 to $1,450.00 in a report on Tuesday, January 21st. StockNews.com raised O’Reilly Automotive from a “hold” rating to a “buy” rating in a report on Wednesday, January 22nd. Wells Fargo & Company upped their price target on O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the company an “overweight” rating in a report on Tuesday, January 28th. Finally, Barclays upped their price target on O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the company an “equal weight” rating in a report on Friday, February 7th. Two investment analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, O’Reilly Automotive currently has a consensus rating of “Buy” and a consensus price target of $1,390.81.

O’Reilly Automotive Trading Down 0.7 %

ORLY stock opened at $1,303.41 on Friday. The company has a market capitalization of $75.25 billion, a P/E ratio of 32.06, a PEG ratio of 2.34 and a beta of 0.94. O’Reilly Automotive, Inc. has a twelve month low of $947.49 and a twelve month high of $1,350.27. The business has a 50 day simple moving average of $1,253.69 and a 200-day simple moving average of $1,202.38.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share for the quarter, topping the consensus estimate of $9.73 by $0.23. O’Reilly Automotive had a negative return on equity of 166.88% and a net margin of 14.28%. Research analysts predict that O’Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Maria Sastre sold 248 shares of the stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $1,316.17, for a total transaction of $326,410.16. Following the completion of the sale, the director now directly owns 971 shares of the company’s stock, valued at $1,278,001.07. This trade represents a 20.34 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Brad W. Beckham sold 833 shares of the stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $1,300.00, for a total value of $1,082,900.00. Following the completion of the transaction, the chief executive officer now owns 760 shares of the company’s stock, valued at $988,000. The trade was a 52.29 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 2,201 shares of company stock valued at $2,840,852 over the last three months. 1.55% of the stock is currently owned by company insiders.

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.