Catalina Capital Group LLC Boosts Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Catalina Capital Group LLC boosted its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 9.1% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 253 shares of the specialty retailer’s stock after purchasing an additional 21 shares during the quarter. Catalina Capital Group LLC’s holdings in O’Reilly Automotive were worth $291,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Trifecta Capital Advisors LLC raised its stake in shares of O’Reilly Automotive by 383.3% during the third quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock valued at $33,000 after purchasing an additional 23 shares during the period. Princeton Global Asset Management LLC purchased a new stake in shares of O’Reilly Automotive during the third quarter valued at approximately $41,000. Crewe Advisors LLC purchased a new stake in shares of O’Reilly Automotive during the first quarter valued at approximately $43,000. Kings Path Partners LLC purchased a new stake in shares of O’Reilly Automotive during the second quarter valued at approximately $44,000. Finally, ORG Partners LLC purchased a new stake in shares of O’Reilly Automotive during the second quarter valued at approximately $48,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Insider Activity

In related news, Chairman David E. Oreilly sold 1,000 shares of O’Reilly Automotive stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $1,118.88, for a total transaction of $1,118,880.00. Following the sale, the chairman now directly owns 183,583 shares in the company, valued at $205,407,347.04. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other O’Reilly Automotive news, Chairman David E. Oreilly sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $1,118.88, for a total value of $1,118,880.00. Following the completion of the sale, the chairman now directly owns 183,583 shares in the company, valued at $205,407,347.04. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Christopher Andrew Mancini sold 1,557 shares of O’Reilly Automotive stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of $1,125.00, for a total value of $1,751,625.00. The disclosure for this sale can be found here. Over the last quarter, insiders sold 16,322 shares of company stock valued at $18,280,698. 1.18% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

ORLY has been the topic of a number of analyst reports. BNP Paribas upgraded shares of O’Reilly Automotive to a “strong-buy” rating in a research note on Friday, October 25th. Wedbush reissued a “neutral” rating and set a $1,200.00 price target on shares of O’Reilly Automotive in a research report on Thursday, October 24th. UBS Group decreased their price target on shares of O’Reilly Automotive from $1,275.00 to $1,250.00 and set a “buy” rating for the company in a research report on Thursday, July 18th. Wells Fargo & Company raised their price target on shares of O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the stock an “overweight” rating in a research report on Monday, October 14th. Finally, TD Cowen raised their price target on shares of O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Four research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $1,242.13.

O’Reilly Automotive Price Performance

O’Reilly Automotive stock opened at $1,234.15 on Thursday. O’Reilly Automotive, Inc. has a 12 month low of $914.50 and a 12 month high of $1,239.65. The company has a market cap of $71.59 billion, a PE ratio of 30.53, a P/E/G ratio of 2.35 and a beta of 0.92. The company has a fifty day moving average price of $1,157.95 and a two-hundred day moving average price of $1,086.81.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $11.53 by ($0.12). O’Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. The firm had revenue of $4.36 billion for the quarter, compared to analyst estimates of $4.42 billion. During the same period last year, the firm posted $10.72 EPS. The business’s revenue was up 3.8% compared to the same quarter last year. Equities research analysts anticipate that O’Reilly Automotive, Inc. will post 40.82 earnings per share for the current year.

O’Reilly Automotive Profile

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.