Rosenberg Matthew Hamilton Acquires 30 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Rosenberg Matthew Hamilton increased its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 21.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 170 shares of the specialty retailer’s stock after purchasing an additional 30 shares during the quarter. Rosenberg Matthew Hamilton’s holdings in O’Reilly Automotive were worth $202,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently bought and sold shares of ORLY. Darwin Wealth Management LLC purchased a new stake in O’Reilly Automotive in the third quarter worth about $32,000. Trifecta Capital Advisors LLC grew its stake in shares of O’Reilly Automotive by 383.3% during the 3rd quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock valued at $33,000 after acquiring an additional 23 shares during the period. MidAtlantic Capital Management Inc. purchased a new stake in O’Reilly Automotive in the 3rd quarter worth approximately $37,000. Princeton Global Asset Management LLC bought a new stake in O’Reilly Automotive during the 3rd quarter worth approximately $41,000. Finally, Kieckhefer Group LLC purchased a new position in O’Reilly Automotive during the fourth quarter valued at approximately $59,000. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at O’Reilly Automotive

In related news, SVP Jeffery Thomas Loafman sold 620 shares of the stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total value of $769,041.80. Following the sale, the senior vice president now directly owns 5 shares of the company’s stock, valued at $6,201.95. This represents a 99.20 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Andrea Weiss sold 600 shares of the company’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total value of $734,442.00. Following the transaction, the director now directly owns 700 shares in the company, valued at approximately $856,849. This represents a 46.15 % decrease in their position. The disclosure for this sale can be found here. 1.55% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Barclays increased their price objective on shares of O’Reilly Automotive from $1,088.00 to $1,110.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 9th. Roth Capital upgraded O’Reilly Automotive to a “strong-buy” rating in a research note on Tuesday, October 15th. BMO Capital Markets assumed coverage on O’Reilly Automotive in a research report on Friday, December 13th. They issued an “outperform” rating and a $1,400.00 price objective on the stock. DA Davidson reiterated a “buy” rating and set a $1,275.00 target price on shares of O’Reilly Automotive in a research report on Thursday, October 24th. Finally, Royal Bank of Canada boosted their price target on O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the stock an “outperform” rating in a report on Friday, October 25th. Three equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $1,270.69.

O’Reilly Automotive Stock Up 1.0 %

Shares of NASDAQ:ORLY opened at $1,210.14 on Tuesday. The firm has a fifty day simple moving average of $1,223.70 and a two-hundred day simple moving average of $1,157.80. The stock has a market capitalization of $69.86 billion, a P/E ratio of 29.94, a PEG ratio of 2.58 and a beta of 0.94. O’Reilly Automotive, Inc. has a 52 week low of $947.49 and a 52 week high of $1,283.96.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share for the quarter, missing the consensus estimate of $11.53 by ($0.12). The company had revenue of $4.36 billion for the quarter, compared to the consensus estimate of $4.42 billion. O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The company’s revenue was up 3.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $10.72 earnings per share. On average, analysts expect that O’Reilly Automotive, Inc. will post 40.85 earnings per share for the current year.

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.