Flossbach Von Storch SE Sells 6,775 Shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Flossbach Von Storch SE lessened its position in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 55.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor 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 SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. HWG Holdings LP bought a new position in O'Reilly Automotive during the first quarter valued at approximately $26,000. HighMark Wealth Management LLC lifted its position in O'Reilly Automotive by 185.7% during the first quarter. HighMark Wealth Management LLC now owns 20 shares of the specialty retailer's stock valued at $29,000 after purchasing an additional 13 shares during the period. Lee Danner & Bass Inc. bought a new position in O'Reilly Automotive during the fourth quarter valued at approximately $28,000. Murphy & Mullick Capital Management Corp bought a new position in O'Reilly Automotive during the fourth quarter valued at approximately $31,000. Finally, Piscataqua Savings Bank bought a new position in O'Reilly Automotive during the first quarter valued at approximately $43,000. Institutional investors own 85.00% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. UBS Group increased their price objective on shares of O'Reilly Automotive from $102.33 to $105.33 and gave the company a "buy" rating in a research report on Thursday, April 24th. Royal Bank Of Canada reiterated an "outperform" rating and issued a $98.00 price target on shares of O'Reilly Automotive in a research report on Wednesday, July 2nd. Barclays increased their price target on shares of O'Reilly Automotive from $83.33 to $86.00 and gave the stock an "equal weight" rating in a research report on Monday, April 28th. Morgan Stanley reiterated an "overweight" rating on shares of O'Reilly Automotive in a research report on Thursday, April 24th. Finally, BMO Capital Markets increased their price target on shares of O'Reilly Automotive from $96.67 to $100.00 and gave the stock an "outperform" rating in a research report on Friday, April 25th. Two research analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, O'Reilly Automotive has an average rating of "Buy" and an average price target of $94.38.

Insider Activity at O'Reilly Automotive

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

O'Reilly Automotive Stock Performance

Shares of NASDAQ ORLY traded down $0.76 during midday trading on Friday, reaching $91.62. The stock had a trading volume of 3,870,427 shares, compared to its average volume of 5,486,747. The stock has a 50-day moving average of $90.64 and a 200-day moving average of $88.83. The company has a market capitalization of $78.32 billion, a price-to-earnings ratio of 33.68, a price-to-earnings-growth ratio of 2.50 and a beta of 0.58. O'Reilly Automotive, Inc. has a 12-month low of $68.44 and a 12-month high of $97.22.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its 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). The company had revenue of $4.14 billion for the quarter, compared to analysts' expectations of $4.18 billion. O'Reilly Automotive had a net margin of 14.10% and a negative return on equity of 167.25%. The business's revenue was up 4.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.61 earnings per share. As a group, analysts forecast that O'Reilly Automotive, Inc. will post 43.94 EPS 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.