Geneva Partners LLC Purchases 3,711 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Geneva Partners LLC lifted its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,293.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,998 shares of the specialty retailer’s stock after buying an additional 3,711 shares during the quarter. O’Reilly Automotive makes up 2.1% of Geneva Partners LLC’s holdings, making the stock its 20th largest holding. Geneva Partners LLC’s holdings in O’Reilly Automotive were worth $3,799,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Cornerstone Planning Group LLC purchased a new stake in shares of O’Reilly Automotive during the 2nd quarter worth $25,000. Steward Financial Group LLC lifted its stake in shares of O’Reilly Automotive by 141.7% during the 3rd quarter. Steward Financial Group LLC now owns 29 shares of the specialty retailer’s stock worth $26,000 after purchasing an additional 17 shares during the last quarter. Ancora Advisors LLC purchased a new stake in shares of O’Reilly Automotive during the 4th quarter worth $30,000. Householder Group Estate & Retirement Specialist LLC purchased a new stake in shares of O’Reilly Automotive during the 3rd quarter worth $34,000. Finally, Carmel Capital Partners LLC lifted its stake in shares of O’Reilly Automotive by 1,750.0% during the 3rd quarter. Carmel Capital Partners LLC now owns 37 shares of the specialty retailer’s stock worth $34,000 after purchasing an additional 35 shares during the last quarter. Institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Stock Down 0.9 %

Shares of NASDAQ:ORLY traded down $10.12 during trading on Friday, hitting $1,090.94. The stock had a trading volume of 316,380 shares, compared to its average volume of 365,833. O’Reilly Automotive, Inc. has a 12-month low of $860.10 and a 12-month high of $1,169.11. The stock has a market capitalization of $64.40 billion, a price-to-earnings ratio of 28.35, a price-to-earnings-growth ratio of 1.99 and a beta of 0.86. The stock has a 50-day simple moving average of $1,093.98 and a two-hundred day simple moving average of $1,009.47.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Thursday, February 8th. The specialty retailer reported $9.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $9.07 by $0.19. O’Reilly Automotive had a negative return on equity of 139.01% and a net margin of 14.84%. The firm had revenue of $3.83 billion during the quarter, compared to analysts’ expectations of $3.86 billion. During the same period last year, the business posted $8.37 earnings per share. The company’s revenue for the quarter was up 5.1% compared to the same quarter last year. As a group, sell-side analysts forecast that O’Reilly Automotive, Inc. will post 42.09 earnings per share for the current year.

Insider Transactions at O’Reilly Automotive

In related news, CFO Jeremy Adam Fletcher sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $1,028.00, for a total transaction of $5,140,000.00. Following the sale, the chief financial officer now directly owns 2,335 shares of the company’s stock, valued at $2,400,380. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In related news, Chairman David E. Oreilly sold 10,000 shares of the firm’s stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $1,053.58, for a total transaction of $10,535,800.00. Following the sale, the chairman now directly owns 216,539 shares of the company’s stock, valued at $228,141,159.62. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Jeremy Adam Fletcher sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $1,028.00, for a total value of $5,140,000.00. Following the sale, the chief financial officer now directly owns 2,335 shares in the company, valued at $2,400,380. The disclosure for this sale can be found here. Insiders sold a total of 25,968 shares of company stock worth $27,269,333 over the last three months. 1.55% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on ORLY shares. Barclays upped their price objective on O’Reilly Automotive from $954.00 to $986.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 4th. Mizuho started coverage on O’Reilly Automotive in a research note on Tuesday, March 19th. They set a “buy” rating and a $1,225.00 price objective for the company. StockNews.com upgraded O’Reilly Automotive from a “hold” rating to a “buy” rating in a research note on Tuesday. Royal Bank of Canada upped their price objective on O’Reilly Automotive from $1,003.00 to $1,078.00 and gave the stock an “outperform” rating in a research note on Friday, February 9th. Finally, Wedbush increased their price target on O’Reilly Automotive from $940.00 to $1,100.00 and gave the company a “neutral” rating in a research note on Thursday, February 8th. Four equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. According to MarketBeat, O’Reilly Automotive has an average rating of “Moderate Buy” and a consensus target price of $1,102.53.

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.