Unison Asset Management LLC Decreases Stock Position in O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Unison Asset Management LLC lowered its position in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 41.4% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,039 shares of the specialty retailer's stock after selling 3,558 shares during the quarter. O'Reilly Automotive makes up about 3.9% of Unison Asset Management LLC's holdings, making the stock its 12th biggest holding. Unison Asset Management LLC's holdings in O'Reilly Automotive were worth $6,803,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ORLY. HWG Holdings LP acquired a new position in O'Reilly Automotive in the first quarter valued at approximately $26,000. Lee Danner & Bass Inc. acquired a new stake in O'Reilly Automotive during the fourth quarter worth approximately $28,000. Murphy & Mullick Capital Management Corp acquired a new stake in O'Reilly Automotive during the fourth quarter worth approximately $31,000. Investment Management Corp VA ADV purchased a new stake in shares of O'Reilly Automotive during the 4th quarter worth approximately $37,000. Finally, Piscataqua Savings Bank purchased a new stake in shares of O'Reilly Automotive during the 1st quarter worth approximately $43,000. Institutional investors and hedge funds own 85.00% of the company's stock.

O'Reilly Automotive Stock Up 1.1%

NASDAQ ORLY opened at $89.16 on Friday. The stock has a market capitalization of $76.22 billion, a P/E ratio of 32.77, a P/E/G ratio of 2.40 and a beta of 0.60. O'Reilly Automotive, Inc. has a 52-week low of $67.24 and a 52-week high of $97.22. The firm has a 50-day moving average price of $90.84 and a 200 day moving average price of $88.19.

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

Analyst Ratings Changes

ORLY has been the topic of a number of recent analyst reports. Wall Street Zen raised shares of O'Reilly Automotive from a "hold" rating to a "buy" rating in a research report on Thursday, April 3rd. Morgan Stanley restated an "overweight" rating on shares of O'Reilly Automotive in a research note on Thursday, April 24th. DA Davidson lifted their target price on O'Reilly Automotive from $101.67 to $106.67 and gave the stock a "buy" rating in a research report on Friday, April 25th. UBS Group boosted their target price on O'Reilly Automotive from $102.33 to $105.33 and gave the company a "buy" rating in a report on Thursday, April 24th. Finally, Wells Fargo & Company raised their price target on O'Reilly Automotive from $95.00 to $103.33 and gave the stock an "overweight" rating in a research note on Wednesday, April 16th. Two investment 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's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of $94.30.

Insiders Place Their Bets

In other O'Reilly Automotive news, SVP Najera Jose A. Montellano sold 285 shares of the company's stock in a transaction dated Thursday, May 29th. The shares were sold at an average price of $90.13, for a total transaction of $25,686.29. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director John Raymond Murphy sold 3,000 shares of O'Reilly Automotive stock in a transaction that occurred on Monday, May 19th. The shares were sold at an average price of $91.93, for a total transaction of $275,800.00. Following the sale, the director now owns 4,560 shares of the company's stock, valued at approximately $419,216. The trade was a 39.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 33,285 shares of company stock worth $3,022,386. 1.01% of the stock is owned by corporate insiders.

O'Reilly Automotive Company 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.