O'Reilly Automotive, Inc. (NASDAQ:ORLY) Stock Holdings Decreased by Bessemer Group Inc.

Bessemer Group Inc. decreased its position in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 29.6% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 262,704 shares of the specialty retailer's stock after selling 110,513 shares during the period. Bessemer Group Inc. owned approximately 0.46% of O'Reilly Automotive worth $376,345,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC increased its position in shares of O'Reilly Automotive by 16.4% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 23,195 shares of the specialty retailer's stock valued at $33,227,000 after purchasing an additional 3,272 shares during the last quarter. JPL Wealth Management LLC purchased a new position in shares of O'Reilly Automotive during the fourth quarter valued at about $3,123,000. Assetmark Inc. boosted its position in shares of O'Reilly Automotive by 13.2% during the 4th quarter. Assetmark Inc. now owns 21,032 shares of the specialty retailer's stock valued at $24,940,000 after acquiring an additional 2,452 shares during the last quarter. Versor Investments LP purchased a new stake in shares of O'Reilly Automotive during the 4th quarter valued at about $827,000. Finally, Proficio Capital Partners LLC raised its position in shares of O'Reilly Automotive by 205,600.0% during the 4th quarter. Proficio Capital Partners LLC now owns 503,965 shares of the specialty retailer's stock valued at $597,602,000 after buying an additional 503,720 shares in the last quarter. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at O'Reilly Automotive

In related news, SVP Najera Jose A. Montellano sold 285 shares of the business's stock in a transaction dated Thursday, May 29th. The stock was sold at an average price of $90.13, for a total value of $25,686.29. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, SVP Ramon Parises Odems sold 30,000 shares of the stock in a transaction dated Friday, May 30th. The shares were sold at an average price of $90.70, for a total value of $2,720,900.00. Following the completion of the transaction, the senior vice president now directly owns 240 shares of the company's stock, valued at $21,767.20. This represents a 99.21% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 33,285 shares of company stock valued at $3,022,386. Company insiders own 1.01% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. UBS Group raised their price objective on O'Reilly Automotive from $102.33 to $105.33 and gave the company a "buy" rating in a research note on Thursday, April 24th. Barclays raised their price target on O'Reilly Automotive from $83.33 to $86.00 and gave the company an "equal weight" rating in a research note on Monday, April 28th. BMO Capital Markets upped their price objective on O'Reilly Automotive from $96.67 to $100.00 and gave the stock an "outperform" rating in a research note on Friday, April 25th. Guggenheim reaffirmed a "buy" rating and set a $98.33 price target on shares of O'Reilly Automotive in a research report on Monday, March 10th. Finally, Morgan Stanley reiterated an "overweight" rating on shares of O'Reilly Automotive in a research note on Thursday, April 24th. Two research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, O'Reilly Automotive has an average rating of "Buy" and a consensus price target of $94.30.

O'Reilly Automotive Trading Up 0.4%

Shares of O'Reilly Automotive stock traded up $0.39 during trading on Thursday, reaching $88.23. The company's stock had a trading volume of 5,527,489 shares, compared to its average volume of 5,528,022. The company has a 50-day moving average price of $91.00 and a two-hundred day moving average price of $88.13. O'Reilly Automotive, Inc. has a fifty-two week low of $67.24 and a fifty-two week high of $97.22. The firm has a market cap of $75.42 billion, a PE ratio of 32.43, a P/E/G ratio of 2.39 and a beta of 0.60.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its quarterly earnings results on Wednesday, April 23rd. The specialty retailer reported $0.62 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by ($0.04). O'Reilly Automotive had a negative return on equity of 167.25% and a net margin of 14.10%. The firm had revenue of $4.14 billion for the quarter, compared to analysts' expectations of $4.18 billion. During the same period in the prior year, the company earned $0.61 earnings per share. The company's revenue for the quarter was up 4.0% on a year-over-year basis. On average, analysts predict that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

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.