O'Reilly Automotive, Inc. (NASDAQ:ORLY) Stock Position Lessened by Vaughan Nelson Investment Management L.P.

Vaughan Nelson Investment Management L.P. reduced its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 3.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 211,310 shares of the specialty retailer's stock after selling 6,947 shares during the quarter. O'Reilly Automotive accounts for about 2.0% of Vaughan Nelson Investment Management L.P.'s holdings, making the stock its 9th biggest position. Vaughan Nelson Investment Management L.P. owned approximately 0.36% of O'Reilly Automotive worth $200,762,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the business. Geode Capital Management LLC grew its holdings in shares of O'Reilly Automotive by 1.8% during the first quarter. Geode Capital Management LLC now owns 1,489,353 shares of the specialty retailer's stock valued at $1,262,904,000 after buying an additional 26,201 shares during the last quarter. Morgan Stanley grew its holdings in shares of O'Reilly Automotive by 113.8% during the fourth quarter. Morgan Stanley now owns 1,193,792 shares of the specialty retailer's stock valued at $1,007,597,000 after buying an additional 635,416 shares during the last quarter. Invesco Ltd. grew its holdings in shares of O'Reilly Automotive by 3.7% during the third quarter. Invesco Ltd. now owns 888,110 shares of the specialty retailer's stock valued at $807,168,000 after buying an additional 31,487 shares during the last quarter. Jennison Associates LLC boosted its holdings in O'Reilly Automotive by 8.0% during the third quarter. Jennison Associates LLC now owns 880,855 shares of the specialty retailer's stock worth $800,574,000 after purchasing an additional 65,534 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in O'Reilly Automotive by 128.7% during the first quarter. Arrowstreet Capital Limited Partnership now owns 687,486 shares of the specialty retailer's stock worth $470,900,000 after purchasing an additional 386,822 shares during the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

O'Reilly Automotive Trading Up 1.6 %

Shares of NASDAQ ORLY traded up $17.93 during midday trading on Friday, hitting $1,117.56. The company's stock had a trading volume of 278,653 shares, compared to its average volume of 306,860. The stock has a fifty day moving average price of $1,084.05 and a 200 day moving average price of $997.83. O'Reilly Automotive, Inc. has a one year low of $855.88 and a one year high of $1,169.11. The firm has a market capitalization of $65.97 billion, a price-to-earnings ratio of 29.04, a P/E/G ratio of 2.00 and a beta of 0.86.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its quarterly earnings results on Thursday, February 8th. The specialty retailer reported $9.26 earnings per share (EPS) 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 company had revenue of $3.83 billion for the quarter, compared to analyst estimates of $3.86 billion. During the same quarter in the previous year, the firm posted $8.37 earnings per share. The company's quarterly revenue was up 5.1% compared to the same quarter last year. On average, equities research analysts predict that O'Reilly Automotive, Inc. will post 42.09 earnings per share for the current fiscal year.

Insider Activity

In related news, Director John Raymond Murphy sold 269 shares of the company's stock in a transaction that occurred on Tuesday, February 13th. The shares were sold at an average price of $1,039.28, for a total transaction of $279,566.32. Following the sale, the director now owns 950 shares of the company's stock, valued at approximately $987,316. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, SVP Christopher Andrew Mancini sold 1,500 shares of the company's stock in a transaction that occurred on Wednesday, January 17th. The shares were sold at an average price of $1,000.00, for a total transaction of $1,500,000.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director John Raymond Murphy sold 269 shares of the company's stock in a transaction that occurred on Tuesday, February 13th. The stock was sold at an average price of $1,039.28, for a total transaction of $279,566.32. Following the sale, the director now directly owns 950 shares in the company, valued at approximately $987,316. The disclosure for this sale can be found here. Insiders have sold a total of 27,468 shares of company stock valued at $28,769,333 over the last quarter. Company insiders own 1.55% of the company's stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on ORLY. Evercore ISI boosted their price target on shares of O'Reilly Automotive from $1,235.00 to $1,240.00 and gave the stock an "outperform" rating in a report on Tuesday. Mizuho began coverage on shares of O'Reilly Automotive in a report on Tuesday, March 19th. They set a "buy" rating and a $1,225.00 price target on the stock. StockNews.com cut shares of O'Reilly Automotive from a "buy" rating to a "hold" rating in a report on Thursday, February 8th. Wells Fargo & Company boosted their price target on shares of O'Reilly Automotive from $1,200.00 to $1,300.00 and gave the stock an "overweight" rating in a report on Monday, March 25th. Finally, Stephens reiterated an "overweight" rating and issued a $1,060.00 target price on shares of O'Reilly Automotive in a research note on Tuesday, December 19th. Five equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company's stock. According to MarketBeat, O'Reilly Automotive presently has a consensus rating of "Moderate Buy" and an average price target of $1,090.76.

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.