Quest Partners LLC Lowers Stock Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Quest Partners LLC trimmed its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 79.3% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 128 shares of the specialty retailer’s stock after selling 490 shares during the quarter. Quest Partners LLC’s holdings in O’Reilly Automotive were worth $147,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of ORLY. Trifecta Capital Advisors LLC boosted its position in 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 in the last quarter. Princeton Global Asset Management LLC bought a new stake in O’Reilly Automotive during the third quarter valued at about $41,000. Kings Path Partners LLC purchased a new position in O’Reilly Automotive in the second quarter valued at about $44,000. ORG Partners LLC bought a new position in O’Reilly Automotive in the second quarter worth about $48,000. Finally, New Millennium Group LLC purchased a new stake in shares of O’Reilly Automotive during the second quarter valued at about $68,000. Institutional investors own 85.00% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on ORLY. Evercore ISI boosted their price objective on shares of O’Reilly Automotive from $1,215.00 to $1,230.00 and gave the stock an “outperform” rating in a research note on Thursday, August 22nd. JPMorgan Chase & Co. upped their price target on O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 16th. Wedbush reiterated a “neutral” rating and set a $1,200.00 price objective on shares of O’Reilly Automotive in a report on Thursday, October 24th. 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 research note on Monday, October 14th. Finally, Roth Mkm reaffirmed a “buy” rating and set a $1,337.00 target price on shares of O’Reilly Automotive in a report on Wednesday, October 16th. Four investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, O’Reilly Automotive presently has a consensus rating of “Moderate Buy” and an average price target of $1,242.13.

Insider Transactions at O’Reilly Automotive

In related news, Director Andrea Weiss sold 600 shares of the business’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $1,224.07, for a total transaction of $734,442.00. Following the completion of the transaction, the director now directly owns 700 shares of the company’s stock, valued at $856,849. The trade was a 46.15 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Jeffery Thomas Loafman sold 620 shares of the firm’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the completion of the sale, the senior vice president now owns 5 shares in the company, valued at $6,201.95. The trade was a 99.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.18% of the company’s stock.

O’Reilly Automotive Stock Down 0.0 %

Shares of NASDAQ ORLY opened at $1,244.01 on Friday. The firm has a 50-day simple moving average of $1,188.64 and a 200-day simple moving average of $1,107.23. The stock has a market capitalization of $71.82 billion, a price-to-earnings ratio of 30.78, a price-to-earnings-growth ratio of 2.51 and a beta of 0.92. O’Reilly Automotive, Inc. has a 52 week low of $914.50 and a 52 week high of $1,255.30.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Wednesday, October 23rd. The specialty retailer reported $11.41 EPS for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). The company had revenue of $4.36 billion for the quarter, compared to analysts’ expectations of $4.42 billion. O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The business’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $10.72 EPS. As a group, equities research analysts expect that O’Reilly Automotive, Inc. will post 40.85 EPS for the current year.

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.