Barclays PLC Sells 90,297 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Barclays PLC reduced its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 33.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 182,109 shares of the specialty retailer’s stock after selling 90,297 shares during the period. Barclays PLC’s holdings in O’Reilly Automotive were worth $209,715,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Darwin Wealth Management LLC bought a new stake in shares of O’Reilly Automotive during the third quarter worth about $32,000. Trifecta Capital Advisors LLC increased its position in shares of O’Reilly Automotive by 383.3% during the third quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock worth $33,000 after acquiring an additional 23 shares in the last quarter. MidAtlantic Capital Management Inc. bought a new stake in shares of O’Reilly Automotive during the third quarter worth about $37,000. Princeton Global Asset Management LLC bought a new stake in shares of O’Reilly Automotive during the third quarter worth about $41,000. Finally, Quarry LP increased its position in shares of O’Reilly Automotive by 109.1% during the second quarter. Quarry LP now owns 92 shares of the specialty retailer’s stock worth $97,000 after acquiring an additional 48 shares in the last quarter. 85.00% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

ORLY has been the subject of a number of recent analyst reports. StockNews.com raised shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a research report on Wednesday, January 1st. Wells Fargo & Company upped their price objective on shares of O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the stock an “overweight” rating in a research report on Monday, October 14th. Roth Mkm reaffirmed a “buy” rating and issued a $1,337.00 price objective on shares of O’Reilly Automotive in a research report on Wednesday, October 16th. Roth Capital raised shares of O’Reilly Automotive to a “strong-buy” rating in a research report on Tuesday, October 15th. Finally, Wedbush reaffirmed a “neutral” rating and issued a $1,200.00 price objective on shares of O’Reilly Automotive in a research report on Thursday, October 24th. Three 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 stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $1,270.69.

Insider Buying and Selling

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

O’Reilly Automotive Trading Down 0.7 %

Shares of ORLY stock opened at $1,197.60 on Friday. The stock has a market capitalization of $69.14 billion, a P/E ratio of 29.63, a PEG ratio of 2.58 and a beta of 0.94. The firm’s 50 day moving average is $1,222.65 and its 200 day moving average is $1,155.99. O’Reilly Automotive, Inc. has a 12 month low of $935.75 and a 12 month high of $1,283.96.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results 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 business had revenue of $4.36 billion for the quarter, compared to analysts’ expectations of $4.42 billion. O’Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. 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 company posted $10.72 earnings per share. On average, equities analysts predict 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.