Tributary Capital Management LLC Sells 15 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Tributary Capital Management LLC lessened its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 4.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 340 shares of the specialty retailer’s stock after selling 15 shares during the quarter. Tributary Capital Management LLC’s holdings in O’Reilly Automotive were worth $359,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. J.W. Cole Advisors Inc. acquired a new stake in O’Reilly Automotive in the fourth quarter worth $316,000. CWM LLC lifted its holdings in O’Reilly Automotive by 3.4% during the fourth quarter. CWM LLC now owns 1,325 shares of the specialty retailer’s stock worth $1,258,000 after acquiring an additional 44 shares in the last quarter. Duality Advisers LP acquired a new position in O’Reilly Automotive in the fourth quarter valued at about $924,000. Larson Financial Group LLC grew its stake in O’Reilly Automotive by 60.5% in the fourth quarter. Larson Financial Group LLC now owns 207 shares of the specialty retailer’s stock valued at $197,000 after acquiring an additional 78 shares during the period. Finally, Syon Capital LLC increased its holdings in shares of O’Reilly Automotive by 27.7% in the fourth quarter. Syon Capital LLC now owns 659 shares of the specialty retailer’s stock worth $626,000 after acquiring an additional 143 shares in the last quarter. Institutional investors own 85.00% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on ORLY shares. Wells Fargo & Company boosted their price objective on O’Reilly Automotive from $1,200.00 to $1,250.00 and gave the company an “overweight” rating in a research report on Thursday. Bank of America upped their price target on shares of O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the company a “buy” rating in a report on Thursday. Evercore ISI raised their price objective on shares of O’Reilly Automotive from $1,215.00 to $1,230.00 and gave the stock an “outperform” rating in a report on Thursday. StockNews.com lowered shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a research note on Friday, May 3rd. Finally, UBS Group dropped their price target on O’Reilly Automotive from $1,275.00 to $1,250.00 and set a “buy” rating on the stock in a research note on Thursday, July 18th. Four research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. Based on data from MarketBeat, O’Reilly Automotive presently has an average rating of “Moderate Buy” and an average target price of $1,144.06.

O’Reilly Automotive Trading Down 1.0 %

NASDAQ ORLY opened at $1,116.57 on Friday. 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 50 day moving average of $1,078.08 and a 200-day moving average of $1,062.54. The company has a market cap of $65.76 billion, a PE ratio of 28.34, a PEG ratio of 2.13 and a beta of 0.92.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings results on Wednesday, July 24th. The specialty retailer reported $10.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $10.98 by ($0.43). O’Reilly Automotive had a negative return on equity of 146.57% and a net margin of 14.57%. The firm had revenue of $4.27 billion for the quarter, compared to the consensus estimate of $4.32 billion. During the same period last year, the company posted $10.22 earnings per share. The business’s revenue was up 5.0% compared to the same quarter last year. As a group, sell-side analysts predict that O’Reilly Automotive, Inc. will post 41.13 EPS for the current fiscal year.

Insider Activity at O’Reilly Automotive

In other O’Reilly Automotive news, Director Lawrence P. Oreilly sold 1,500 shares of the business’s stock in a transaction that occurred on Wednesday, May 29th. The stock was sold at an average price of $949.50, for a total transaction of $1,424,250.00. Following the transaction, the director now owns 31,613 shares of the company’s stock, valued at $30,016,543.50. The sale was disclosed in a document filed with the SEC, which is available through this link. In other news, Director Lawrence P. Oreilly sold 1,500 shares of O’Reilly Automotive stock in a transaction that occurred on Wednesday, May 29th. The stock was sold at an average price of $949.50, for a total transaction of $1,424,250.00. Following the completion of the transaction, the director now directly owns 31,613 shares in the company, valued at approximately $30,016,543.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Mark Joseph Merz sold 413 shares of the stock in a transaction on Tuesday, July 30th. The shares were sold at an average price of $1,120.00, for a total value of $462,560.00. Following the completion of the sale, the senior vice president now owns 265 shares in the company, valued at approximately $296,800. The disclosure for this sale can be found here. In the last ninety days, insiders sold 50,354 shares of company stock worth $56,518,687. Insiders own 1.55% of the company’s stock.

O’Reilly Automotive 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.