Citizens Financial Group Inc. RI Raises Stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Citizens Financial Group Inc. RI boosted its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 51.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,075 shares of the specialty retailer’s stock after acquiring an additional 366 shares during the period. Citizens Financial Group Inc. RI’s holdings in O’Reilly Automotive were worth $1,275,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. AlphaMark Advisors LLC acquired a new position in O’Reilly Automotive during the 4th quarter worth approximately $30,000. Kestra Investment Management LLC acquired a new position in shares of O’Reilly Automotive in the 4th quarter valued at $32,000. Darwin Wealth Management LLC acquired a new position in shares of O’Reilly Automotive in the 3rd quarter valued at $32,000. MidAtlantic Capital Management Inc. acquired a new position in shares of O’Reilly Automotive in the 3rd quarter valued at $37,000. Finally, Retirement Wealth Solutions LLC acquired a new position in shares of O’Reilly Automotive in the 4th quarter valued at $46,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Stock Performance

Shares of O’Reilly Automotive stock opened at $1,309.29 on Thursday. The company has a market cap of $74.99 billion, a P/E ratio of 32.20, a PEG ratio of 2.34 and a beta of 0.91. O’Reilly Automotive, Inc. has a one year low of $947.49 and a one year high of $1,389.05. The firm has a fifty day moving average of $1,286.52 and a two-hundred day moving average of $1,222.22.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data 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%. As a group, equities analysts predict that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Insider Transactions at O’Reilly Automotive

In other news, Chairman Gregory L. Henslee sold 3,073 shares of the company’s stock in a transaction on Monday, February 24th. The shares were sold at an average price of $1,315.15, for a total transaction of $4,041,455.95. Following the transaction, the chairman now directly owns 11,397 shares of the company’s stock, valued at $14,988,764.55. This represents a 21.24 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Jason Lee Tarrant sold 1,992 shares of the company’s stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $1,339.10, for a total transaction of $2,667,487.20. Following the transaction, the executive vice president now directly owns 1,398 shares in the company, valued at approximately $1,872,061.80. This trade represents a 58.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 7,894 shares of company stock valued at $10,409,618 in the last ninety days. 1.18% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on ORLY. BMO Capital Markets upped their target price on shares of O’Reilly Automotive from $1,400.00 to $1,450.00 and gave the company an “outperform” rating in a report on Monday, February 10th. Royal Bank of Canada upped their target price on shares of O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the company an “outperform” rating in a report on Friday, February 7th. Morgan Stanley upgraded shares of O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $1,150.00 to $1,450.00 in a report on Tuesday, January 21st. Wedbush upped their target price on shares of O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the company a “neutral” rating in a report on Thursday, February 6th. Finally, Guggenheim reiterated a “buy” rating and issued a $1,475.00 price target on shares of O’Reilly Automotive in a research report on Monday. Two investment analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $1,390.81.

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.