Duality Advisers LP Takes Position in O’Reilly Automotive Inc (NASDAQ:ORLY)

Duality Advisers LP purchased a new stake in shares of O’Reilly Automotive Inc (NASDAQ:ORLY) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 4,241 shares of the specialty retailer’s stock, valued at approximately $1,788,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Ellevest Inc. raised its holdings in O’Reilly Automotive by 100.0% during the first quarter. Ellevest Inc. now owns 88 shares of the specialty retailer’s stock worth $26,000 after purchasing an additional 44 shares in the last quarter. Meeder Asset Management Inc. raised its holdings in O’Reilly Automotive by 85.1% during the first quarter. Meeder Asset Management Inc. now owns 87 shares of the specialty retailer’s stock worth $26,000 after purchasing an additional 40 shares in the last quarter. Paragon Capital Management LLC bought a new stake in O’Reilly Automotive during the first quarter worth approximately $30,000. Asset Advisors Investment Management LLC bought a new stake in O’Reilly Automotive during the second quarter worth approximately $32,000. Finally, Eudaimonia Partners LLC raised its holdings in O’Reilly Automotive by 130.1% during the first quarter. Eudaimonia Partners LLC now owns 168 shares of the specialty retailer’s stock worth $51,000 after purchasing an additional 95 shares in the last quarter. 81.97% of the stock is currently owned by institutional investors.

NASDAQ ORLY opened at $477.38 on Friday. O’Reilly Automotive Inc has a twelve month low of $251.51 and a twelve month high of $487.95. The company has a debt-to-equity ratio of 9.81, a quick ratio of 0.14 and a current ratio of 0.95. The stock has a market cap of $35.43 billion, a price-to-earnings ratio of 23.40, a PEG ratio of 2.03 and a beta of 1.07. The firm’s 50 day moving average price is $428.48 and its two-hundred day moving average price is $392.96.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings results on Wednesday, July 29th. The specialty retailer reported $7.10 EPS for the quarter, beating the consensus estimate of $4.10 by $3.00. O’Reilly Automotive had a net margin of 14.45% and a return on equity of 490.94%. The business had revenue of $3.09 billion for the quarter, compared to analysts’ expectations of $2.60 billion. During the same period in the previous year, the company posted $4.51 EPS. O’Reilly Automotive’s revenue was up 19.4% on a year-over-year basis. On average, research analysts forecast that O’Reilly Automotive Inc will post 17.22 EPS for the current fiscal year.

Several equities research analysts recently commented on ORLY shares. Oppenheimer started coverage on O’Reilly Automotive in a report on Thursday. They set a “hold” rating on the stock. UBS Group upped their price target on O’Reilly Automotive from $470.00 to $515.00 and gave the company a “buy” rating in a report on Thursday. Bank of America upped their price target on O’Reilly Automotive from $375.00 to $415.00 and gave the company a “buy” rating in a report on Monday, April 20th. Morgan Stanley upped their price target on O’Reilly Automotive from $395.00 to $470.00 and gave the company an “overweight” rating in a report on Monday, July 20th. Finally, Wedbush upped their price target on O’Reilly Automotive from $420.00 to $490.00 and gave the company a “neutral” rating in a report on Thursday. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $441.42.

In other news, SVP Carl David Wilbanks sold 10,000 shares of the business’s stock in a transaction on Tuesday, July 21st. The shares were sold at an average price of $445.82, for a total transaction of $4,458,200.00. Following the transaction, the senior vice president now directly owns 10,807 shares in the company, valued at approximately $4,817,976.74. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Gregory D. Johnson sold 3,374 shares of the business’s stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $400.30, for a total transaction of $1,350,612.20. Following the transaction, the chief executive officer now owns 7,734 shares in the company, valued at $3,095,920.20. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 25,213 shares of company stock worth $10,866,177. 2.43% of the stock is currently owned by corporate insiders.

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.

See Also: High-Yield Dividend Stocks

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

Receive News & Ratings for O'Reilly Automotive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for O'Reilly Automotive and related companies with MarketBeat.com's FREE daily email newsletter.