Legacy Private Trust Co. Takes Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Legacy Private Trust Co. purchased a new position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 182 shares of the specialty retailer’s stock, valued at approximately $216,000.

Several other institutional investors have also bought and sold shares of ORLY. Pensionfund Sabic raised its stake in shares of O’Reilly Automotive by 33.3% in the fourth quarter. Pensionfund Sabic now owns 1,600 shares of the specialty retailer’s stock valued at $1,897,000 after buying an additional 400 shares during the period. GAMMA Investing LLC increased its holdings in O’Reilly Automotive by 22.5% in the 4th quarter. GAMMA Investing LLC now owns 1,040 shares of the specialty retailer’s stock worth $1,233,000 after acquiring an additional 191 shares during the last quarter. Versant Capital Management Inc raised its stake in O’Reilly Automotive by 5.2% in the 4th quarter. Versant Capital Management Inc now owns 221 shares of the specialty retailer’s stock valued at $262,000 after acquiring an additional 11 shares during the period. SK Wealth Management LLC purchased a new stake in O’Reilly Automotive during the third quarter valued at about $341,000. Finally, Oddo BHF Asset Management Sas bought a new position in O’Reilly Automotive during the third quarter worth about $1,666,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. BNP Paribas upgraded shares of O’Reilly Automotive to a “strong-buy” rating in a research note on Friday, October 25th. Morgan Stanley raised their price target on O’Reilly Automotive from $1,100.00 to $1,150.00 and gave the stock an “equal weight” rating in a report on Thursday, October 24th. Roth Capital upgraded O’Reilly Automotive to a “strong-buy” rating in a research note on Tuesday, October 15th. Evercore ISI raised their target price on O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 3rd. Finally, JPMorgan Chase & Co. upped their price target on O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the company an “overweight” rating in a research report on Wednesday, October 16th. Three analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $1,269.31.

Insiders Place Their Bets

In other O’Reilly Automotive news, Director Andrea Weiss sold 600 shares of the business’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total value of $734,442.00. Following the completion of the sale, the director now directly owns 700 shares of the company’s stock, valued at $856,849. The trade was a 46.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Jeffery Thomas Loafman sold 620 shares of the firm’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total value of $769,041.80. Following the transaction, the senior vice president now directly owns 5 shares in the company, valued at $6,201.95. This trade represents a 99.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.55% of the stock is owned by insiders.

O’Reilly Automotive Stock Performance

NASDAQ ORLY opened at $1,205.74 on Thursday. O’Reilly Automotive, Inc. has a 52-week low of $921.25 and a 52-week high of $1,283.96. The company has a fifty day moving average of $1,220.58 and a 200-day moving average of $1,154.15. The company has a market capitalization of $69.61 billion, a P/E ratio of 29.83, a P/E/G ratio of 2.58 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $11.53 by ($0.12). The firm had revenue of $4.36 billion for the quarter, compared to the consensus estimate of $4.42 billion. O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The company’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same period last year, the firm earned $10.72 EPS. As a group, analysts forecast that O’Reilly Automotive, Inc. will post 40.85 EPS for the current fiscal year.

O’Reilly Automotive Company 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.