Great Lakes Advisors LLC saw its holdings in O’Reilly Automotive, INC (NASDAQ:ORLY) decrease by 10.3% during the third quarter, according to its most recent report filed with the Securities and Exchange Commission (SEC).
Last fiscal quarter saw the company sell 1,766 of its shares, bringing the total number of shares it owns in the specialty retailer’s stock to 15,351. Great Lakes Advisors LLC’s holdings in O’Reilly Automotive were worth $10,797,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Recent changes to ORLY’s holdings have been made by several other hedge funds.
During the second quarter, Grayhawk Investment Strategies INC made an additional investment of approximately $28,000 to acquire a new stake in O’Reilly Automotive. Riverview Trust Company raised its stake in O’Reilly Automotive by 56.5% during the third quarter of the fiscal year.
After buying an additional 13 shares during the most recent fiscal quarter, Riverview Trust Co now owns 36 shares of the specialty retailer’s stock, valued at a collective $2,500.
This brings the total number of shares Riverview Trust Co owns to 36. Castle Wealth Management LLC boosted its holdings in O’Reilly Automotive by $27,000 during the second quarter.
During the second quarter, Northern Oak Wealth Management INC provided O’Reilly Automotive with investment capital worth approximately $40,000.
Finally, Zions Bancorporation National Association boosted its ownership of O’Reilly Automotive by purchasing an additional 80.6% of the company’s stock during the second quarter. Zions Bancorporation NA now owns 65 shares of the specialty retailer’s stock valued at $41,000 after buying an additional 29 shares during the previous period.
The vast majority of the company’s shares are held by institutional investors, who represent 90.50 percent of the total.
In early trading on Thursday, NASDAQ ORLY opened at $787.36.
The stock price is currently $773.49, which is the same as its 200-day simple moving average and its 50-day simple moving average.
The simple moving average of the past 50 days is currently $819.51. O’Reilly Automotive, INC reached a low over the past year of $562.90, while the company reached a high over the past year of $870.92.
The price-earnings ratio of this company is 24.03; the price-earnings-growth ratio of this company is 1.69; and the beta value of this company is 0.91.
The company currently has a market capitalization of $49.27 billion.
On February 8, 2019, O’Reilly Automotive (NASDAQ: ORLY ) announced quarterly financial numbers that it had previously compiled and made available to the public.
The specialty retailer reported $8.37 EPS for the quarter, topping the consensus estimate of $7.71 by $0.66. O’Reilly Automotive had a negative return on equity calculated at 319.55% and the company’s net margin was 15.39%. However, the company’s revenue for the quarter was $3.64 billion, significantly higher than the $3.5 billion that analysts had predicted it would bring in for the period.
The company’s earnings per share came in at $7.64, a significant improvement over year-ago results for the same period. Compared to the previous year’s total revenue, O’Reilly Automotive experienced a 10.7% increase in sales.
According to industry analyst projections, O’Reilly Automotive, INC is expected to post earnings of 32.83 cents per share for the current fiscal year.
During the most recent trading session, several market observers shared their views on ORLY shares.
Barclays announced in a research note made available to the public on Tuesday that the company would start covering shares of O’Reilly Automotive.
They gave the business an overall “equal weight” rating and projected the stock price to reach $815.00 over the next three months. O’Reilly Automotive (ORLY) was upgraded by UBS Group from a “hold” rating to a “buy” rating and boosted their target price for the stock from $855.00 to $940.00 in a research note that was published on Friday, October 28. Goldman Sachs Group lowered O’Reilly Automotive from a “conviction-buy” recommendation to a “buy” rating in a research report available on Friday, October 28th.
The report was made available.
DA Davidson raised their price objective on shares of O’Reilly Automotive to $935.00 in a research report published on November 1st.
This information was included in the report.
Research reports on O’Reilly Automotive stock prices were published by StockNews.com on October 12, after being delayed by a day.
They suggested that an interested party buy the company. Only four market watchers believe the stock should be a hold as an investment, while eleven believe the stock should be a buy.
O’Reilly Automotive’s current consensus rating is “Moderate Buy,” Bloomberg.com predicts the stock will hit $838.67 shortly.
This information was obtained from the website.
In additional O’Reilly Automotive news, SVP Charles Francis Rogers sold 1,300 shares of the company’s stock in a transaction on Friday, November 11th.
The company disclosed this information.
The stock purchase was completed at an average price of $840.34 per share, bringing the total transaction value to $1,092,442.00.
As a direct result of the sale, the senior vice president now owns a total of 1,240 shares of the company’s stock, and the combined value of those shares is $1,042,021.60.
If you follow this link, it will take you to the filing with the Securities and Exchange Commission, where the transaction was discussed, and it will take you immediately. On November 21st, SVP Jonathan Wyatt Andrews sold 2,500 shares of the company’s stock.
This development is relevant to the discussion because it relates to the topic.
The total cost of the transaction was $2,126,225, which represents an average price of $850.49 per share for the acquisition of the shares.
As a result of the successful transaction, the senior vice president now directly owns 602 shares of the company’s stock, which has a combined value of $511,994.98.
If you follow this link, it will take you to the filing with the Securities and Exchange Commission, where the transaction was discussed, and it will take you immediately.
Also, SVP Charles Francis Rogers sold 1,300 shares of the company’s stock in a transaction on Friday, November 11th.
The sale of shares generated total proceeds of $1,092,442.00, equivalent to $840.34 for each share sold.
As a result of this transaction, the senior vice president now directly owns 1,240 shares of the company’s stock.
The total value of these shares is approximately $1,042,021.60.
Purchase information can be found at this particular location. After the transaction in which 10,435 shares of the company’s stock were sold for $8,840,610 in the most recent quarter, business experts now control 1.73% of the total number of outstanding shares.
O’Reilly Automotive, INC is a national retailer that owns and operates its stores in the United States.
These stores can be found in different places.
It distributes and sells automotive aftermarket parts, tools, equipment and accessories to self-installing customers in the United States and to professional installers specializing in DIY projects.
These customers include people who own their vehicles and drive them themselves.
Offers new and remanufactured auto hard parts including alternators, starters, fuel and water pumps, brake system parts, batteries, belts, hoses, temperature controls, chassis and engine parts. Some examples of the parts it offers are alternators, starters, fuel and water pumps, brake system parts and brake system parts.
It also offers a wide range of maintenance supplies including lubricants, antifreeze, fluids, filters, lighting, engine additives and cosmetics.
In addition to this, they sell pickup truck accessories such as seat covers and floor mats.
