Camelot Portfolios LLC Lowers Stake in O’Reilly Automotive Inc (NASDAQ:ORLY)

Camelot Portfolios LLC lowered its position in shares of O’Reilly Automotive Inc (NASDAQ:ORLY) by 15.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 667 shares of the specialty retailer’s stock after selling 126 shares during the period. Camelot Portfolios LLC’s holdings in O’Reilly Automotive were worth $266,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. World Asset Management Inc lifted its holdings in O’Reilly Automotive by 0.4% during the second quarter. World Asset Management Inc now owns 5,826 shares of the specialty retailer’s stock valued at $2,152,000 after purchasing an additional 26 shares in the last quarter. North American Management Corp lifted its holdings in shares of O’Reilly Automotive by 4.6% in the second quarter. North American Management Corp now owns 614 shares of the specialty retailer’s stock worth $227,000 after buying an additional 27 shares in the last quarter. Hotaling Investment Management LLC lifted its holdings in shares of O’Reilly Automotive by 0.6% in the second quarter. Hotaling Investment Management LLC now owns 5,150 shares of the specialty retailer’s stock worth $1,902,000 after buying an additional 32 shares in the last quarter. Squar Milner Financial Services LLC lifted its holdings in shares of O’Reilly Automotive by 80.5% in the second quarter. Squar Milner Financial Services LLC now owns 74 shares of the specialty retailer’s stock worth $27,000 after buying an additional 33 shares in the last quarter. Finally, Shine Investment Advisory Services Inc. lifted its holdings in shares of O’Reilly Automotive by 65.4% in the second quarter. Shine Investment Advisory Services Inc. now owns 86 shares of the specialty retailer’s stock worth $32,000 after buying an additional 34 shares in the last quarter. 85.80% of the stock is currently owned by institutional investors and hedge funds.

In related news, Director John Raymond Murphy sold 122 shares of the business’s stock in a transaction on Tuesday, July 30th. The shares were sold at an average price of $385.92, for a total value of $47,082.24. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Jason Lee Tarrant sold 651 shares of the business’s stock in a transaction on Monday, August 12th. The stock was sold at an average price of $370.69, for a total transaction of $241,319.19. Following the completion of the sale, the senior vice president now owns 1,941 shares in the company, valued at approximately $719,509.29. The disclosure for this sale can be found here. Insiders sold 1,773 shares of company stock worth $669,481 in the last 90 days. 2.52% of the stock is currently owned by company insiders.

Several research firms have recently commented on ORLY. Northcoast Research downgraded shares of O’Reilly Automotive from a “buy” rating to a “neutral” rating in a report on Thursday, June 27th. Zacks Investment Research raised shares of O’Reilly Automotive from a “sell” rating to a “hold” rating and set a $425.00 target price on the stock in a report on Monday. Goldman Sachs Group began coverage on shares of O’Reilly Automotive in a report on Thursday, July 11th. They issued a “buy” rating and a $440.00 target price on the stock. Citigroup downgraded shares of O’Reilly Automotive from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $441.00 to $430.00 in a report on Friday, September 13th. Finally, Wolfe Research raised shares of O’Reilly Automotive from a “peer perform” rating to an “outperform” rating and set a $436.00 target price on the stock in a report on Tuesday, October 8th. Eleven investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $408.93.

ORLY traded up $1.40 during trading hours on Wednesday, hitting $405.15. The company’s stock had a trading volume of 19,848 shares, compared to its average volume of 461,414. The business’s 50-day moving average price is $393.44 and its 200-day moving average price is $384.82. O’Reilly Automotive Inc has a 12 month low of $314.14 and a 12 month high of $414.63. The stock has a market cap of $30.89 billion, a price-to-earnings ratio of 25.16, a P/E/G ratio of 1.62 and a beta of 0.72. 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 announced its quarterly earnings results on Wednesday, July 24th. The specialty retailer reported $4.51 earnings per share for the quarter, missing the consensus estimate of $4.67 by ($0.16). O’Reilly Automotive had a return on equity of 391.89% and a net margin of 13.69%. The business 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 firm posted $4.28 EPS. The company’s revenue for the quarter was up 5.4% on a year-over-year basis. On average, analysts forecast that O’Reilly Automotive Inc will post 17.54 earnings per share for the current year.

About O’Reilly Automotive

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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