Moody Lynn & Lieberson LLC Boosts Stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Moody Lynn & Lieberson LLC raised its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 15.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 266 shares of the specialty retailer’s stock after acquiring an additional 36 shares during the period. Moody Lynn & Lieberson LLC’s holdings in O’Reilly Automotive were worth $306,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Values First Advisors Inc. boosted its position in shares of O’Reilly Automotive by 6.9% in the third quarter. Values First Advisors Inc. now owns 602 shares of the specialty retailer’s stock worth $693,000 after buying an additional 39 shares during the period. Assenagon Asset Management S.A. boosted its position in shares of O’Reilly Automotive by 117.9% in the third quarter. Assenagon Asset Management S.A. now owns 77,037 shares of the specialty retailer’s stock worth $88,716,000 after buying an additional 41,685 shares during the period. CENTRAL TRUST Co boosted its position in shares of O’Reilly Automotive by 10.1% in the third quarter. CENTRAL TRUST Co now owns 59,973 shares of the specialty retailer’s stock worth $69,065,000 after buying an additional 5,521 shares during the period. X Square Capital LLC boosted its position in shares of O’Reilly Automotive by 3.0% in the third quarter. X Square Capital LLC now owns 1,530 shares of the specialty retailer’s stock worth $1,762,000 after buying an additional 45 shares during the period. Finally, International Assets Investment Management LLC boosted its position in shares of O’Reilly Automotive by 99,957.0% in the third quarter. International Assets Investment Management LLC now owns 854,487 shares of the specialty retailer’s stock worth $984,027,000 after buying an additional 853,633 shares during the period. Hedge funds and other institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Stock Down 0.4 %

NASDAQ:ORLY opened at $1,195.22 on Friday. The business’s 50 day moving average is $1,149.00 and its two-hundred day moving average is $1,081.47. O’Reilly Automotive, Inc. has a 52 week low of $895.88 and a 52 week high of $1,221.18. The company has a market cap of $69.33 billion, a PE ratio of 30.08, a P/E/G ratio of 2.29 and a beta of 0.92.

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). The company had revenue of $4.36 billion during the quarter, compared to the consensus estimate of $4.42 billion. O’Reilly Automotive had a negative return on equity of 146.57% and a net margin of 14.57%. The company’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same period last year, the business posted $10.72 EPS. As a group, sell-side analysts expect that O’Reilly Automotive, Inc. will post 41.05 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on ORLY shares. Morgan Stanley upped their target price on O’Reilly Automotive from $1,100.00 to $1,150.00 and gave the stock an “equal weight” rating in a research report on Thursday. Wells Fargo & Company increased their price target on O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the company an “overweight” rating in a report on Monday, October 14th. Roth Mkm reissued a “buy” rating and issued a $1,337.00 price target on shares of O’Reilly Automotive in a report on Wednesday, October 16th. Barclays increased their price target on O’Reilly Automotive from $986.00 to $1,088.00 and gave the company an “equal weight” rating in a report on Friday. Finally, DA Davidson reissued a “buy” rating and issued a $1,275.00 price target on shares of O’Reilly Automotive in a report on Thursday. Four research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has 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 a consensus target price of $1,242.13.

Insider Buying and Selling

In related news, SVP Christopher Andrew Mancini sold 1,557 shares of the firm’s stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of $1,125.00, for a total value of $1,751,625.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other O’Reilly Automotive news, Director Dana Perlman sold 48 shares of O’Reilly Automotive stock in a transaction on Wednesday, August 7th. The stock was sold at an average price of $1,109.76, for a total transaction of $53,268.48. Following the sale, the director now owns 1,097 shares of the company’s stock, valued at $1,217,406.72. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, 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. In the last 90 days, insiders have sold 50,411 shares of company stock valued at $56,846,062. Insiders own 1.55% of the company’s stock.

O’Reilly Automotive Company 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.