O'Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Sold by TIAA Trust National Association

TIAA Trust National Association lowered its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 61.0% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 6,868 shares of the specialty retailer's stock after selling 10,761 shares during the period. TIAA Trust National Association's holdings in O'Reilly Automotive were worth $6,525,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Cornerstone Planning Group LLC acquired a new position in O'Reilly Automotive in the 2nd quarter valued at $25,000. Steward Financial Group LLC grew its holdings in O'Reilly Automotive by 141.7% in the 3rd quarter. Steward Financial Group LLC now owns 29 shares of the specialty retailer's stock valued at $26,000 after buying an additional 17 shares in the last quarter. Ancora Advisors LLC acquired a new position in O'Reilly Automotive in the 4th quarter valued at $30,000. Householder Group Estate & Retirement Specialist LLC acquired a new position in O'Reilly Automotive in the 3rd quarter valued at $34,000. Finally, Carmel Capital Partners LLC boosted its stake in shares of O'Reilly Automotive by 1,750.0% in the third quarter. Carmel Capital Partners LLC now owns 37 shares of the specialty retailer's stock valued at $34,000 after buying an additional 35 shares during the period. Institutional investors own 85.00% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently commented on ORLY shares. Royal Bank of Canada boosted their target price on shares of O'Reilly Automotive from $1,003.00 to $1,078.00 and gave the company an "outperform" rating in a research report on Friday, February 9th. TD Cowen lifted their target price on O'Reilly Automotive from $1,100.00 to $1,150.00 and gave the company an "outperform" rating in a research report on Friday, December 8th. Stephens reissued an "overweight" rating and set a $1,060.00 price objective on shares of O'Reilly Automotive in a report on Tuesday, December 19th. StockNews.com downgraded O'Reilly Automotive from a "buy" rating to a "hold" rating in a report on Thursday, February 8th. Finally, Wedbush raised their price objective on O'Reilly Automotive from $940.00 to $1,100.00 and gave the company a "neutral" rating in a report on Thursday, February 8th. Five equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat.com, O'Reilly Automotive currently has a consensus rating of "Moderate Buy" and a consensus target price of $1,090.76.

O'Reilly Automotive Stock Down 0.6 %

ORLY traded down $7.26 during midday trading on Wednesday, hitting $1,132.95. The company had a trading volume of 280,614 shares, compared to its average volume of 376,590. The stock's 50 day moving average price is $1,078.34 and its 200 day moving average price is $994.84. O'Reilly Automotive, Inc. has a 52 week low of $855.24 and a 52 week high of $1,169.11. The company has a market capitalization of $66.88 billion, a price-to-earnings ratio of 29.75, a PEG ratio of 2.05 and a beta of 0.86.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its quarterly earnings data on Thursday, February 8th. The specialty retailer reported $9.26 earnings per share for the quarter, beating the consensus estimate of $9.07 by $0.19. O'Reilly Automotive had a net margin of 14.84% and a negative return on equity of 139.01%. The firm had revenue of $3.83 billion for the quarter, compared to analyst estimates of $3.86 billion. During the same quarter in the prior year, the business earned $8.37 earnings per share. The business's quarterly revenue was up 5.1% compared to the same quarter last year. Research analysts predict that O'Reilly Automotive, Inc. will post 42.09 EPS for the current year.

Insiders Place Their Bets

In other O'Reilly Automotive news, SVP Jeffrey Alan Lauro sold 431 shares of the company's stock in a transaction on Tuesday, February 13th. The shares were sold at an average price of $1,038.63, for a total transaction of $447,649.53. Following the transaction, the senior vice president now owns 963 shares in the company, valued at $1,000,200.69. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In other news, CFO Jeremy Adam Fletcher sold 5,000 shares of the stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $1,028.00, for a total value of $5,140,000.00. Following the completion of the sale, the chief financial officer now owns 2,335 shares in the company, valued at $2,400,380. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Jeffrey Alan Lauro sold 431 shares of the stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $1,038.63, for a total transaction of $447,649.53. Following the completion of the sale, the senior vice president now owns 963 shares of the company's stock, valued at approximately $1,000,200.69. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 27,468 shares of company stock worth $28,769,333. Insiders own 1.55% of the company's stock.

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.