J.W. Cole Advisors Inc. Makes New Investment in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

J.W. Cole Advisors Inc. bought a new position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 333 shares of the specialty retailer’s stock, valued at approximately $316,000.

Other hedge funds have also made changes to their positions in the company. Steward Financial Group LLC lifted its holdings in shares of O’Reilly Automotive by 141.7% in the 3rd quarter. Steward Financial Group LLC now owns 29 shares of the specialty retailer’s stock worth $26,000 after buying an additional 17 shares during the period. Carmel Capital Partners LLC lifted its holdings in shares of O’Reilly Automotive by 1,750.0% in the 3rd quarter. Carmel Capital Partners LLC now owns 37 shares of the specialty retailer’s stock worth $34,000 after buying an additional 35 shares during the period. Arlington Trust Co LLC purchased a new stake in shares of O’Reilly Automotive in the 3rd quarter worth $39,000. Washington Trust Advisors Inc. lifted its stake in shares of O’Reilly Automotive by 31.0% during the 4th quarter. Washington Trust Advisors Inc. now owns 55 shares of the specialty retailer’s stock worth $52,000 after purchasing an additional 13 shares during the last quarter. Finally, Financial Management Professionals Inc. lifted its stake in shares of O’Reilly Automotive by 29.5% during the 4th quarter. Financial Management Professionals Inc. now owns 57 shares of the specialty retailer’s stock worth $54,000 after purchasing an additional 13 shares during the last quarter. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. The Goldman Sachs Group upped their price objective on O’Reilly Automotive from $1,022.00 to $1,170.00 and gave the stock a “buy” rating in a research note on Friday, February 9th. StockNews.com upgraded O’Reilly Automotive from a “hold” rating to a “buy” rating in a research note on Thursday. Wedbush upped their price objective on O’Reilly Automotive from $940.00 to $1,100.00 and gave the stock a “neutral” rating in a research note on Thursday, February 8th. 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. Finally, UBS Group upped their price objective on O’Reilly Automotive from $1,125.00 to $1,275.00 and gave the stock a “buy” rating in a research note on Wednesday, April 17th. Three investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. According to MarketBeat, O’Reilly Automotive has an average rating of “Moderate Buy” and a consensus price target of $1,115.19.

Insider Activity

In other news, CFO Jeremy Adam Fletcher sold 5,000 shares of the 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 transaction, the chief financial officer now directly owns 2,335 shares of the company’s stock, valued at $2,400,380. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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. Also, 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 value of $10,535,800.00. Following the sale, the chairman now directly owns 216,539 shares in the company, valued at $228,141,159.62. The disclosure for this sale can be found here. Over the last three months, insiders have sold 25,968 shares of company stock valued at $27,269,333. Company insiders own 1.55% of the company’s stock.

O’Reilly Automotive Stock Performance

Shares of ORLY stock opened at $1,092.70 on Thursday. The stock’s 50-day simple moving average is $1,097.21 and its 200-day simple moving average is $1,014.34. The firm has a market capitalization of $64.50 billion, a PE ratio of 28.40, a P/E/G ratio of 1.98 and a beta of 0.86. O’Reilly Automotive, Inc. has a fifty-two week low of $860.10 and a fifty-two week high of $1,169.11.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Thursday, February 8th. The specialty retailer reported $9.26 earnings per share for the quarter, beating analysts’ consensus estimates of $9.07 by $0.19. The business had revenue of $3.83 billion for the quarter, compared to analyst estimates of $3.86 billion. O’Reilly Automotive had a negative return on equity of 139.01% and a net margin of 14.84%. The company’s revenue was up 5.1% on a year-over-year basis. During the same period in the prior year, the company earned $8.37 earnings per share. Sell-side analysts forecast that O’Reilly Automotive, Inc. will post 42.1 earnings per share for the current 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.