O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Sold by Gateway Investment Advisers LLC

Gateway Investment Advisers LLC trimmed its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 13.9% during the fourth quarter, HoldingsChannel reports. The fund owned 173 shares of the specialty retailer’s stock after selling 28 shares during the quarter. Gateway Investment Advisers LLC’s holdings in O’Reilly Automotive were worth $205,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Hennion & Walsh Asset Management Inc. increased its position in O’Reilly Automotive by 23.9% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 347 shares of the specialty retailer’s stock worth $411,000 after purchasing an additional 67 shares during the period. Park Avenue Securities LLC grew its holdings in O’Reilly Automotive by 21.3% during the fourth quarter. Park Avenue Securities LLC now owns 747 shares of the specialty retailer’s stock worth $886,000 after acquiring an additional 131 shares during the period. Kathmere Capital Management LLC raised its position in O’Reilly Automotive by 10.5% in the fourth quarter. Kathmere Capital Management LLC now owns 894 shares of the specialty retailer’s stock worth $1,060,000 after acquiring an additional 85 shares in the last quarter. Assenagon Asset Management S.A. lifted its holdings in O’Reilly Automotive by 32.6% in the fourth quarter. Assenagon Asset Management S.A. now owns 102,128 shares of the specialty retailer’s stock valued at $121,103,000 after acquiring an additional 25,091 shares during the period. Finally, Fifth Third Wealth Advisors LLC boosted its position in shares of O’Reilly Automotive by 3.1% during the 4th quarter. Fifth Third Wealth Advisors LLC now owns 1,170 shares of the specialty retailer’s stock worth $1,387,000 after purchasing an additional 35 shares in the last quarter. 85.00% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at O’Reilly Automotive

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

Analyst Ratings Changes

A number of brokerages have recently issued reports on ORLY. Morgan Stanley increased their price target on shares of O’Reilly Automotive from $1,100.00 to $1,150.00 and gave the company an “equal weight” rating in a report on Thursday, October 24th. Roth Capital raised shares of O’Reilly Automotive to a “strong-buy” rating in a report on Tuesday, October 15th. Roth Mkm reissued a “buy” rating and set a $1,337.00 price target on shares of O’Reilly Automotive in a research note on Wednesday, October 16th. BNP Paribas upgraded O’Reilly Automotive to a “strong-buy” rating in a report on Friday, October 25th. Finally, Wells Fargo & Company lifted their price objective on O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the stock an “overweight” rating in a report on Monday, October 14th. Four investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $1,270.69.

O’Reilly Automotive Trading Up 1.0 %

NASDAQ:ORLY opened at $1,216.79 on Monday. The firm has a market cap of $70.25 billion, a price-to-earnings ratio of 30.10, a price-to-earnings-growth ratio of 2.23 and a beta of 0.94. O’Reilly Automotive, Inc. has a 12-month low of $947.49 and a 12-month high of $1,283.96. The company’s 50-day moving average is $1,223.72 and its two-hundred day moving average is $1,161.74.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data 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 analysts’ expectations of $4.42 billion. O’Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. The business’s quarterly revenue was up 3.8% on a year-over-year basis. During the same period in the previous year, the company posted $10.72 EPS. On average, equities research analysts forecast that O’Reilly Automotive, Inc. will post 40.85 earnings per share for the current fiscal year.

About O’Reilly Automotive

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.