Flossbach Von Storch SE Decreases Stock Holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Flossbach Von Storch SE lowered its stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 55.1% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 5,520 shares of the specialty retailer's stock after selling 6,775 shares during the period. Flossbach Von Storch SE's holdings in O'Reilly Automotive were worth $7,908,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of ORLY. Bank Pictet & Cie Europe AG grew its stake in shares of O'Reilly Automotive by 3.5% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 35,291 shares of the specialty retailer's stock valued at $41,848,000 after acquiring an additional 1,208 shares during the period. Proficio Capital Partners LLC grew its stake in O'Reilly Automotive by 73.5% in the 4th quarter. Proficio Capital Partners LLC now owns 425 shares of the specialty retailer's stock worth $504,000 after acquiring an additional 180 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich bought a new position in O'Reilly Automotive during the 4th quarter worth about $65,000. Personal CFO Solutions LLC bought a new stake in O'Reilly Automotive during the fourth quarter valued at about $200,000. Finally, AlphaQuest LLC raised its stake in shares of O'Reilly Automotive by 355.5% during the 4th quarter. AlphaQuest LLC now owns 583 shares of the specialty retailer's stock worth $691,000 after acquiring an additional 455 shares in the last quarter. Hedge funds and other institutional investors own 85.00% of the company's stock.

Insider Activity

In other news, Director John Raymond Murphy sold 3,000 shares of the firm's stock in a transaction that occurred on Monday, May 19th. The stock was sold at an average price of $91.93, for a total value of $275,800.00. Following the transaction, the director owned 4,560 shares in the company, valued at $419,216. This trade represents a 39.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Ramon Parises Odems sold 30,000 shares of the firm's stock in a transaction that occurred on 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 owned 240 shares in the company, valued at approximately $21,767.20. This trade represents a 99.21% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 33,285 shares of company stock worth $3,022,386 in the last quarter. Corporate insiders own 1.01% of the company's stock.

Analyst Upgrades and Downgrades

ORLY has been the topic of a number of research analyst reports. Wall Street Zen upgraded O'Reilly Automotive from a "hold" rating to a "buy" rating in a research note on Thursday, April 3rd. Morgan Stanley reaffirmed an "overweight" rating on shares of O'Reilly Automotive in a report on Thursday, April 24th. Mizuho raised their price target on shares of O'Reilly Automotive from $93.33 to $96.33 and gave the stock an "outperform" rating in a report on Friday, April 25th. UBS Group boosted their price target 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. Finally, BMO Capital Markets boosted their price target on O'Reilly Automotive from $96.67 to $100.00 and gave the company an "outperform" rating in a research note on Friday, April 25th. Two investment analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of $94.38.

O'Reilly Automotive Stock Performance

Shares of O'Reilly Automotive stock traded up $0.34 on Thursday, hitting $92.92. The company's stock had a trading volume of 1,725,440 shares, compared to its average volume of 5,481,967. O'Reilly Automotive, Inc. has a 1 year low of $67.65 and a 1 year high of $97.22. The firm has a fifty day moving average price of $90.72 and a 200-day moving average price of $88.63. The company has a market capitalization of $79.43 billion, a price-to-earnings ratio of 34.14, a price-to-earnings-growth ratio of 2.50 and a beta of 0.58.

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