MidWestOne Financial Group Inc. Makes New $980,000 Investment in O’Reilly Automotive Inc (NASDAQ:ORLY)

MidWestOne Financial Group Inc. acquired a new position in shares of O’Reilly Automotive Inc (NASDAQ:ORLY) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,654 shares of the specialty retailer’s stock, valued at approximately $980,000.

Other institutional investors also recently added to or reduced their stakes in the company. Squar Milner Financial Services LLC grew its holdings in shares of O’Reilly Automotive by 80.5% during the second quarter. Squar Milner Financial Services LLC now owns 74 shares of the specialty retailer’s stock worth $27,000 after purchasing an additional 33 shares during the last quarter. Shine Investment Advisory Services Inc. grew its holdings in shares of O’Reilly Automotive by 65.4% during the second quarter. Shine Investment Advisory Services Inc. now owns 86 shares of the specialty retailer’s stock worth $32,000 after purchasing an additional 34 shares during the last quarter. TRUE Private Wealth Advisors bought a new stake in shares of O’Reilly Automotive during the second quarter worth $46,000. Thor Advisors LLC bought a new stake in shares of O’Reilly Automotive during the first quarter worth $48,000. Finally, Ashburton Jersey Ltd bought a new stake in shares of O’Reilly Automotive during the second quarter worth $57,000. Hedge funds and other institutional investors own 85.67% of the company’s stock.

O’Reilly Automotive stock traded down $0.70 during mid-day trading on Wednesday, hitting $393.97. The stock had a trading volume of 76,631 shares, compared to its average volume of 520,818. The stock has a 50-day simple moving average of $385.97 and a two-hundred day simple moving average of $382.47. The stock has a market capitalization of $30.52 billion, a PE ratio of 24.47, a P/E/G ratio of 1.61 and a beta of 0.73. O’Reilly Automotive Inc has a 12 month low of $314.14 and a 12 month high of $414.63. The company has a current ratio of 0.85, a quick ratio of 0.10 and a debt-to-equity ratio of 37.43.



O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings results on Wednesday, July 24th. The specialty retailer reported $4.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.67 by ($0.16). O’Reilly Automotive had a net margin of 13.69% and a return on equity of 391.89%. The firm had revenue of $2.59 billion during the quarter, compared to the consensus estimate of $2.61 billion. During the same quarter in the prior year, the business earned $4.28 EPS. O’Reilly Automotive’s revenue was up 5.4% on a year-over-year basis. Sell-side analysts expect that O’Reilly Automotive Inc will post 17.54 earnings per share for the current fiscal year.

In related news, SVP Jeffrey Alan Lauro bought 150 shares of O’Reilly Automotive stock in a transaction on Monday, August 5th. The shares were purchased at an average price of $368.33 per share, for a total transaction of $55,249.50. Following the completion of the acquisition, the senior vice president now owns 422 shares in the company, valued at $155,435.26. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Jay D. Burchfield sold 1,000 shares of the firm’s stock in a transaction dated Friday, August 16th. The stock was sold at an average price of $381.08, for a total value of $381,080.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 1,773 shares of company stock worth $669,481. Company insiders own 2.52% of the company’s stock.

ORLY has been the topic of several research analyst reports. BidaskClub cut O’Reilly Automotive from a “strong-buy” rating to a “buy” rating in a report on Thursday, September 19th. ValuEngine cut O’Reilly Automotive from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. Royal Bank of Canada set a $428.00 target price on O’Reilly Automotive and gave the stock a “buy” rating in a report on Wednesday, August 7th. Stephens decreased their target price on O’Reilly Automotive from $440.00 to $430.00 and set an “overweight” rating on the stock in a report on Friday, July 26th. Finally, Zacks Investment Research cut O’Reilly Automotive from a “hold” rating to a “sell” rating and set a $427.00 target price on the stock. in a report on Friday, July 19th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. O’Reilly Automotive presently has a consensus rating of “Hold” and a consensus price target of $408.92.

O’Reilly Automotive Company Profile

O'Reilly Automotive, Inc, together with its subsidiaries, engages in the retail of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States. The company provides new and remanufactured automotive hard parts, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, and temperature control and water pumps; maintenance items comprising antifreeze and lighting products, appearance products, engine additives, filters, fluids, and oil and wiper blades; and accessories, such as floor mats, seat covers, and truck accessories.

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Institutional Ownership by Quarter for O`Reilly Automotive (NASDAQ:ORLY)

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