Mitchell Capital Management Co. Reduces Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Mitchell Capital Management Co. reduced its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,258 shares of the specialty retailer’s stock after selling 99 shares during the quarter. O’Reilly Automotive makes up 1.3% of Mitchell Capital Management Co.’s investment portfolio, making the stock its 18th largest position. Mitchell Capital Management Co.’s holdings in O’Reilly Automotive were worth $7,421,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in ORLY. Wellington Management Group LLP increased its holdings in O’Reilly Automotive by 73.0% during the 3rd quarter. Wellington Management Group LLP now owns 1,725,316 shares of the specialty retailer’s stock valued at $1,986,874,000 after acquiring an additional 728,040 shares in the last quarter. Proficio Capital Partners LLC increased its holdings in O’Reilly Automotive by 205,600.0% during the 4th quarter. Proficio Capital Partners LLC now owns 503,965 shares of the specialty retailer’s stock valued at $597,602,000 after acquiring an additional 503,720 shares in the last quarter. Mizuho Securities USA LLC increased its holdings in O’Reilly Automotive by 10,626.8% during the 3rd quarter. Mizuho Securities USA LLC now owns 487,212 shares of the specialty retailer’s stock valued at $5,393,000 after acquiring an additional 482,670 shares in the last quarter. Massachusetts Financial Services Co. MA increased its holdings in O’Reilly Automotive by 28.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 601,612 shares of the specialty retailer’s stock valued at $692,816,000 after acquiring an additional 133,139 shares in the last quarter. Finally, Assenagon Asset Management S.A. increased its holdings in O’Reilly Automotive by 32.6% during the 4th quarter. Assenagon Asset Management S.A. now owns 102,128 shares of the specialty retailer’s stock valued at $121,103,000 after acquiring an additional 25,091 shares in the last quarter. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have weighed in on ORLY. Royal Bank of Canada raised 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. Wedbush lifted their price target on shares of O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the stock a “neutral” rating in a report on Thursday, February 6th. Evercore ISI lifted their price target on shares of O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the stock an “outperform” rating in a report on Tuesday, December 3rd. StockNews.com downgraded shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th. Finally, BMO Capital Markets lifted their price target on shares of O’Reilly Automotive from $1,400.00 to $1,450.00 and gave the stock an “outperform” rating in a report on Monday, February 10th. Three equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $1,390.81.

Insider Buying and Selling at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Mark Joseph Merz sold 500 shares of O’Reilly Automotive stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $1,325.00, for a total transaction of $662,500.00. Following the transaction, the senior vice president now directly owns 275 shares of the company’s stock, valued at $364,375. The trade was a 64.52 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Maria Sastre sold 248 shares of O’Reilly Automotive stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $1,316.17, for a total transaction of $326,410.16. Following the sale, the director now owns 971 shares in the company, valued at $1,278,001.07. This represents a 20.34 % decrease in their position. 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 over the last ninety days. Corporate insiders own 1.55% of the company’s stock.

O’Reilly Automotive Stock Performance

ORLY opened at $1,373.64 on Friday. The company’s 50 day simple moving average is $1,264.60 and its 200 day simple moving average is $1,210.28. O’Reilly Automotive, Inc. has a 1 year low of $947.49 and a 1 year high of $1,378.76. The stock has a market capitalization of $79.30 billion, a PE ratio of 33.78, a P/E/G ratio of 2.34 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share for the quarter, beating 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, sell-side analysts expect that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal 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.