O'Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Acquired by Vaughan Nelson Investment Management L.P.

Vaughan Nelson Investment Management L.P. grew its holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 7.0% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 149,393 shares of the specialty retailer's stock after buying an additional 9,741 shares during the period. O'Reilly Automotive accounts for approximately 2.1% of Vaughan Nelson Investment Management L.P.'s portfolio, making the stock its 6th largest position. Vaughan Nelson Investment Management L.P. owned about 0.26% of O'Reilly Automotive worth $214,017,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Lee Danner & Bass Inc. acquired a new position in shares of O'Reilly Automotive during the fourth quarter worth about $28,000. Murphy & Mullick Capital Management Corp acquired a new position in O'Reilly Automotive during the 4th quarter worth approximately $31,000. Kestra Investment Management LLC purchased a new position in shares of O'Reilly Automotive during the 4th quarter worth approximately $32,000. Piscataqua Savings Bank purchased a new stake in shares of O'Reilly Automotive in the first quarter valued at approximately $43,000. Finally, Investment Management Corp VA ADV purchased a new stake in shares of O'Reilly Automotive in the fourth quarter valued at approximately $37,000. Institutional investors and hedge funds own 85.00% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Guggenheim reissued a "buy" rating and issued a $98.33 target price on shares of O'Reilly Automotive in a report on Monday, March 10th. Wells Fargo & Company boosted their price objective on shares of O'Reilly Automotive from $95.00 to $103.33 and gave the stock an "overweight" rating in a report on Wednesday, April 16th. Wall Street Zen upgraded shares of O'Reilly Automotive from a "hold" rating to a "buy" rating in a research report on Thursday, April 3rd. BMO Capital Markets lifted their price target on shares of O'Reilly Automotive from $96.67 to $100.00 and gave the company an "outperform" rating in a research report on Friday, April 25th. Finally, UBS Group boosted their price target on O'Reilly Automotive from $102.33 to $105.33 and gave the stock a "buy" rating in a research note on Thursday, April 24th. Two analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of $94.30.

Insider Buying and Selling

In other news, Director John Raymond Murphy sold 3,000 shares of the stock in a transaction on Monday, May 19th. The shares were sold at an average price of $91.93, for a total value of $275,800.00. Following the completion of the sale, the director now owns 4,560 shares of the company's stock, valued at $419,216. This represents a 39.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Ramon Parises Odems sold 30,000 shares of the stock in a transaction 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 sale, the senior vice president now owns 240 shares of the company's stock, valued at approximately $21,767.20. This represents a 99.21% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 33,285 shares of company stock valued at $3,022,386. Insiders own 1.01% of the company's stock.

O'Reilly Automotive Stock Up 0.8%

Shares of ORLY traded up $0.68 during trading hours on Tuesday, reaching $88.80. 5,157,206 shares of the company traded hands, compared to its average volume of 5,592,991. The stock has a market capitalization of $75.91 billion, a PE ratio of 2.18, a price-to-earnings-growth ratio of 2.34 and a beta of 0.60. The stock has a fifty day simple moving average of $91.38 and a 200 day simple moving average of $87.91. O'Reilly Automotive, Inc. has a fifty-two week low of $66.94 and a fifty-two week high of $97.22.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued its quarterly earnings results on Wednesday, April 23rd. The specialty retailer reported $0.62 earnings per share 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 166.88% and a net margin of 14.28%. The company's revenue for the quarter was up 4.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.61 EPS. Research analysts predict 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.