Promus Capital LLC Invests $615,000 in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Promus Capital LLC purchased a new position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 519 shares of the specialty retailer’s stock, valued at approximately $615,000. O’Reilly Automotive comprises approximately 0.6% of Promus Capital LLC’s investment portfolio, making the stock its 27th largest holding.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Cullen Frost Bankers Inc. raised its stake in O’Reilly Automotive by 1.2% during the fourth quarter. Cullen Frost Bankers Inc. now owns 25,184 shares of the specialty retailer’s stock worth $29,863,000 after acquiring an additional 296 shares during the period. Aigen Investment Management LP acquired a new stake in O’Reilly Automotive during the fourth quarter worth about $793,000. Proficio Capital Partners LLC raised its stake in O’Reilly Automotive by 73.5% during the fourth quarter. Proficio Capital Partners LLC now owns 425 shares of the specialty retailer’s stock worth $504,000 after acquiring an additional 180 shares during the period. Assetmark Inc. raised its stake in O’Reilly Automotive by 13.2% during the fourth quarter. Assetmark Inc. now owns 21,032 shares of the specialty retailer’s stock worth $24,940,000 after acquiring an additional 2,452 shares during the period. Finally, Triad Wealth Partners LLC acquired a new stake in O’Reilly Automotive during the fourth quarter worth about $345,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Trading Down 1.3 %

Shares of O’Reilly Automotive stock opened at $1,339.67 on Thursday. O’Reilly Automotive, Inc. has a 52 week low of $947.49 and a 52 week high of $1,389.05. The stock has a market cap of $77.34 billion, a PE ratio of 32.95, a price-to-earnings-growth ratio of 2.34 and a beta of 0.94. The company’s 50-day moving average price is $1,273.03 and its two-hundred day moving average price is $1,215.23.

O’Reilly Automotive (NASDAQ:ORLY) last released its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 EPS for the quarter, topping analysts’ consensus estimates of $9.73 by $0.23. O’Reilly Automotive had a net margin of 14.28% and a negative return on equity of 166.88%. On average, equities analysts predict that O’Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Insider Buying and Selling at O’Reilly Automotive

In related news, Director Andrea Weiss sold 248 shares of the stock in a transaction on Monday, February 24th. The stock was sold at an average price of $1,311.23, for a total value of $325,185.04. Following the completion of the transaction, the director now owns 452 shares in the company, valued at $592,675.96. This trade represents a 35.43 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Jason Lee Tarrant sold 1,992 shares of the stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $1,339.10, for a total value of $2,667,487.20. Following the completion of the transaction, the executive vice president now owns 1,398 shares of the company’s stock, valued at $1,872,061.80. This trade represents a 58.76 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 7,894 shares of company stock valued at $10,409,618. Corporate insiders own 1.55% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on ORLY shares. BMO Capital Markets increased their price objective on shares of O’Reilly Automotive from $1,400.00 to $1,450.00 and gave the stock an “outperform” rating in a research note on Monday, February 10th. UBS Group increased their price objective on shares of O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the stock a “buy” rating in a research note on Friday, February 7th. Evercore ISI lifted their price target on O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an “outperform” rating in a report on Tuesday, December 3rd. DA Davidson increased their price objective on O’Reilly Automotive from $1,450.00 to $1,525.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Finally, Morgan Stanley upgraded O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $1,150.00 to $1,450.00 in a research report on Tuesday, January 21st. Three analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,390.81.

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.