YorkBridge Wealth Partners LLC Has $1.74 Million Stock Position in O’Reilly Automotive Inc (NASDAQ:ORLY)

YorkBridge Wealth Partners LLC raised its position in shares of O’Reilly Automotive Inc (NASDAQ:ORLY) by 1.1% in the 3rd quarter, Holdings Channel reports. The firm owned 4,357 shares of the specialty retailer’s stock after acquiring an additional 46 shares during the period. YorkBridge Wealth Partners LLC’s holdings in O’Reilly Automotive were worth $1,736,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in ORLY. Invesco Ltd. raised its position in O’Reilly Automotive by 74.8% during the second quarter. Invesco Ltd. now owns 2,016,087 shares of the specialty retailer’s stock valued at $744,582,000 after purchasing an additional 862,531 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of O’Reilly Automotive by 14.5% during the second quarter. JPMorgan Chase & Co. now owns 4,013,656 shares of the specialty retailer’s stock worth $1,475,299,000 after buying an additional 509,286 shares in the last quarter. Nuveen Asset Management LLC increased its holdings in shares of O’Reilly Automotive by 958.6% during the second quarter. Nuveen Asset Management LLC now owns 452,924 shares of the specialty retailer’s stock worth $167,274,000 after buying an additional 410,139 shares in the last quarter. Diamond Hill Capital Management Inc. acquired a new position in shares of O’Reilly Automotive during the second quarter worth $140,345,000. Finally, Bank of America Corp DE increased its holdings in shares of O’Reilly Automotive by 18.7% during the second quarter. Bank of America Corp DE now owns 1,182,500 shares of the specialty retailer’s stock worth $436,720,000 after buying an additional 186,308 shares in the last quarter. Institutional investors and hedge funds own 85.78% of the company’s stock.

Shares of O’Reilly Automotive stock traded down $1.61 during trading on Monday, hitting $401.59. The company’s stock had a trading volume of 6,149 shares, compared to its average volume of 434,900. The company has a debt-to-equity ratio of 37.43, a current ratio of 0.85 and a quick ratio of 0.10. O’Reilly Automotive Inc has a 52 week low of $314.14 and a 52 week high of $414.63. The stock has a market cap of $31.15 billion, a price-to-earnings ratio of 25.02, a price-to-earnings-growth ratio of 1.64 and a beta of 0.72. The stock has a 50-day moving average price of $394.97 and a two-hundred day moving average price of $385.08.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Wednesday, July 24th. The specialty retailer reported $4.51 EPS for the quarter, missing the Zacks’ consensus estimate of $4.67 by ($0.16). The firm had revenue of $2.59 billion for the quarter, compared to the consensus estimate of $2.61 billion. O’Reilly Automotive had a net margin of 13.69% and a return on equity of 391.89%. The business’s revenue was up 5.4% compared to the same quarter last year. During the same period last year, the company posted $4.28 EPS. On average, equities analysts predict that O’Reilly Automotive Inc will post 17.54 EPS for the current fiscal year.

In other O’Reilly Automotive news, SVP Jason Lee Tarrant sold 651 shares of the company’s stock in a transaction on Monday, August 12th. The shares were sold at an average price of $370.69, for a total transaction of $241,319.19. Following the sale, the senior vice president now owns 1,941 shares of the company’s stock, valued at $719,509.29. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director John Raymond Murphy sold 122 shares of the company’s stock in a transaction on Tuesday, July 30th. The shares were sold at an average price of $385.92, for a total transaction of $47,082.24. The disclosure for this sale can be found here. Insiders have sold 1,773 shares of company stock worth $669,481 in the last ninety days. Insiders own 2.52% of the company’s stock.

ORLY has been the subject of several research analyst reports. Northcoast Research downgraded shares of O’Reilly Automotive from a “buy” rating to a “neutral” rating in a report on Thursday, June 27th. Wolfe Research upgraded shares of O’Reilly Automotive from a “peer perform” rating to an “outperform” rating and set a $436.00 price target for the company in a report on Tuesday, October 8th. Royal Bank of Canada set a $428.00 price target on shares of O’Reilly Automotive and gave the stock a “buy” rating in a report on Wednesday, August 7th. BidaskClub downgraded shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a report on Wednesday, October 9th. Finally, Stephens lowered their price target on shares of O’Reilly Automotive from $440.00 to $430.00 and set an “overweight” rating for the company in a report on Friday, July 26th. Eleven research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $409.77.

About O’Reilly Automotive

O'Reilly Automotive, Inc, together with its subsidiaries, engages in the retail of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States. The company provides new and remanufactured automotive hard parts, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, and temperature control and water pumps; maintenance items comprising antifreeze and lighting products, appearance products, engine additives, filters, fluids, and oil and wiper blades; and accessories, such as floor mats, seat covers, and truck accessories.

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Institutional Ownership by Quarter for O`Reilly Automotive (NASDAQ:ORLY)

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