Waverton Investment Management Ltd Trims Stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Waverton Investment Management Ltd lessened its position in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 21.8% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 31,505 shares of the specialty retailer's stock after selling 8,783 shares during the quarter. Waverton Investment Management Ltd owned approximately 0.06% of O'Reilly Automotive worth $45,114,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ORLY. HWG Holdings LP bought a new position in O'Reilly Automotive in the 1st quarter worth about $26,000. HighMark Wealth Management LLC grew 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 buying an additional 13 shares during the period. Lee Danner & Bass Inc. purchased a new stake in O'Reilly Automotive in the fourth quarter worth about $28,000. Murphy & Mullick Capital Management Corp bought a new stake in O'Reilly Automotive during the 4th quarter worth approximately $31,000. Finally, Piscataqua Savings Bank bought a new stake in shares of O'Reilly Automotive during the 1st quarter valued at $43,000. 85.00% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at O'Reilly Automotive

In related news, SVP Ramon Parises Odems sold 30,000 shares of O'Reilly Automotive stock in a transaction that occurred 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 transaction, the senior vice president now directly owns 240 shares of the company's stock, valued at $21,767.20. This trade represents a 99.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director John Raymond Murphy sold 3,000 shares of the company's stock in a transaction 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 sale, the director now owns 4,560 shares of the company's stock, valued at approximately $419,216. This represents a 39.68% decrease in their position. 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. Company insiders own 1.01% of the company's stock.

O'Reilly Automotive Trading Up 0.4%

NASDAQ:ORLY opened at $88.23 on Friday. The stock has a fifty day simple moving average of $90.91 and a 200-day simple moving average of $88.16. The company has a market cap of $75.42 billion, a price-to-earnings ratio of 32.43, a price-to-earnings-growth ratio of 2.39 and a beta of 0.60. O'Reilly Automotive, Inc. has a twelve month low of $67.24 and a twelve month high of $97.22.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its quarterly earnings data 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 company had revenue of $4.14 billion for the quarter, compared to the consensus estimate of $4.18 billion. O'Reilly Automotive had a net margin of 14.10% and a negative return on equity of 167.25%. The company's quarterly revenue was up 4.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.61 EPS. As a group, equities research analysts predict that O'Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Wall Street Analyst Weigh In

ORLY has been the subject of a number of research reports. Guggenheim restated a "buy" rating and set a $98.33 target price on shares of O'Reilly Automotive in a research report on Monday, March 10th. Wall Street Zen upgraded O'Reilly Automotive from a "hold" rating to a "buy" rating in a research report on Thursday, April 3rd. 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 report on Friday, April 25th. Morgan Stanley reissued an "overweight" rating on shares of O'Reilly Automotive in a research note on Thursday, April 24th. Finally, UBS Group raised their price target on O'Reilly Automotive from $102.33 to $105.33 and gave the company a "buy" rating in a report 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's stock. Based on data from MarketBeat, the stock has a consensus rating of "Buy" and an average price target of $94.30.

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.

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