Financial Counselors Inc. Sells 1,397 Shares of O’Reilly Automotive, Inc. (ORLY)

Financial Counselors Inc. lessened its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 55.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,109 shares of the specialty retailer’s stock after selling 1,397 shares during the quarter. Financial Counselors Inc.’s holdings in O’Reilly Automotive were worth $239,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in the stock. Proficio Capital Partners LLC raised its position in O’Reilly Automotive by 1.0% in the 2nd quarter. Proficio Capital Partners LLC now owns 501 shares of the specialty retailer’s stock valued at $105,000 after buying an additional 5 shares during the last quarter. HL Financial Services LLC raised its position in O’Reilly Automotive by 1.4% in the 2nd quarter. HL Financial Services LLC now owns 2,005 shares of the specialty retailer’s stock valued at $439,000 after buying an additional 27 shares during the last quarter. First Personal Financial Services raised its position in O’Reilly Automotive by 3.8% in the 2nd quarter. First Personal Financial Services now owns 1,049 shares of the specialty retailer’s stock valued at $230,000 after buying an additional 38 shares during the last quarter. Pacer Advisors Inc. raised its position in O’Reilly Automotive by 1.4% in the 2nd quarter. Pacer Advisors Inc. now owns 3,053 shares of the specialty retailer’s stock valued at $668,000 after buying an additional 42 shares during the last quarter. Finally, Monetary Management Group Inc. raised its position in O’Reilly Automotive by 16.3% in the 2nd quarter. Monetary Management Group Inc. now owns 465 shares of the specialty retailer’s stock valued at $102,000 after buying an additional 65 shares during the last quarter. 88.56% of the stock is currently owned by institutional investors and hedge funds.

A number of brokerages recently issued reports on ORLY. Oppenheimer reissued a “buy” rating on shares of O’Reilly Automotive in a research report on Wednesday, August 9th. Moffett Nathanson assumed coverage on O’Reilly Automotive in a research report on Monday. They set a “buy” rating on the stock. Robert W. Baird reaffirmed a “hold” rating and set a $220.00 price target on shares of O’Reilly Automotive in a research report on Friday, October 27th. UBS reaffirmed a “buy” rating and set a $240.00 price target (up previously from $230.00) on shares of O’Reilly Automotive in a research report on Thursday, October 19th. Finally, Credit Suisse Group set a $193.00 price target on O’Reilly Automotive and gave the stock a “hold” rating in a research report on Thursday, October 26th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. O’Reilly Automotive has an average rating of “Buy” and an average price target of $243.48.

In related news, SVP Randy Johnson sold 1,040 shares of the business’s stock in a transaction on Monday, October 2nd. The stock was sold at an average price of $215.98, for a total value of $224,619.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Thomas Mcfall sold 10,000 shares of the business’s stock in a transaction on Tuesday, November 14th. The shares were sold at an average price of $220.00, for a total value of $2,200,000.00. The disclosure for this sale can be found here. Insiders sold a total of 149,945 shares of company stock valued at $33,756,392 over the last 90 days. 3.12% of the stock is currently owned by corporate insiders.

O’Reilly Automotive, Inc. (ORLY) opened at $245.83 on Thursday. The company has a debt-to-equity ratio of 4.72, a quick ratio of 0.10 and a current ratio of 0.93. The firm has a market capitalization of $21,274.78, a P/E ratio of 21.74, a P/E/G ratio of 1.48 and a beta of 0.84. O’Reilly Automotive, Inc. has a 1-year low of $169.43 and a 1-year high of $286.57.

O’Reilly Automotive (NASDAQ:ORLY) last posted its earnings results on Wednesday, October 25th. The specialty retailer reported $3.22 earnings per share for the quarter, topping analysts’ consensus estimates of $3.15 by $0.07. The business had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.34 billion. O’Reilly Automotive had a return on equity of 93.18% and a net margin of 12.13%. The firm’s revenue was up 5.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.90 EPS. analysts anticipate that O’Reilly Automotive, Inc. will post 11.91 earnings per share for the current fiscal year.

O’Reilly Automotive announced that its board has initiated a stock buyback plan on Friday, September 1st that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the specialty retailer to purchase up to 5.8% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board of directors believes its stock is undervalued.

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About O’Reilly Automotive

O’Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. The Company sells its products to both do-it-yourself (DIY) and professional service provider customers. The Company’s product line includes new and remanufactured automotive hard parts, such as alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature control, chassis parts, driveline parts and engine parts; maintenance items, such as oil, antifreeze, fluids, filters, wiper blades, lighting, engine additives and appearance products, and accessories, such as floor mats, seat covers and truck accessories.

Institutional Ownership by Quarter for O`Reilly Automotive (NASDAQ:ORLY)

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