HYA Advisors Inc Decreases Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)


HYA Advisors Inc reduced its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY – Get Rating) by 0.6% during the first quarter, Holdings Channel.com reports. The fund owned 27,179 shares of the specialty retailer’s stock after selling 158 shares during the quarter. O’Reilly Automotive accounts for 6.4% of HYA Advisors Inc’s investment portfolio, making the stock its 2nd largest holding. HYA Advisors Inc’s holdings in O’Reilly Automotive were worth $18,617,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in ORLY. Clarius Group LLC boosted its holdings in shares of O’Reilly Automotive by 1.8% in the 4th quarter. Clarius Group LLC now owns 969 shares of the specialty retailer’s stock worth $684,000 after purchasing an additional 17 shares in the last quarter. Corbett Road Capital Management LLC boosted its holdings in shares of O’Reilly Automotive by 3.0% in the 4th quarter. Corbett Road Capital Management LLC now owns 628 shares of the specialty retailer’s stock worth $444,000 after purchasing an additional 18 shares in the last quarter. Brinker Capital Investments LLC boosted its holdings in shares of O’Reilly Automotive by 2.1% in the 4th quarter. Brinker Capital Investments LLC now owns 865 shares of the specialty retailer’s stock worth $611,000 after purchasing an additional 18 shares in the last quarter. Canandaigua National Corp boosted its holdings in shares of O’Reilly Automotive by 0.6% in the 4th quarter. Canandaigua National Corp now owns 3,142 shares of the specialty retailer’s stock worth $2,219,000 after purchasing an additional 19 shares in the last quarter. Finally, Orion Portfolio Solutions LLC boosted its holdings in shares of O’Reilly Automotive by 1.4% in the 4th quarter. Orion Portfolio Solutions LLC now owns 1,346 shares of the specialty retailer’s stock worth $951,000 after purchasing an additional 19 shares in the last quarter. Institutional investors and hedge funds own 82.76% of the company’s stock.

In other news, SVP Jeffrey Lynn Groves bought 175 shares of the firm’s stock in a transaction dated Monday, May 23rd. The stock was purchased at an average price of $572.77 per share, with a total value of $100,234.75. Following the transaction, the senior vice president now owns 721 shares of the company’s stock, valued at $412,967.17. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Jeremy Adam Fletcher bought 835 shares of the firm’s stock in a transaction dated Friday, May 20th. The stock was purchased at an average cost of $600.00 per share, with a total value of $501,000.00. Following the transaction, the chief financial officer now directly owns 1,897 shares in the company, valued at approximately $1,138,200. The disclosure for this purchase can be found here. 1.73% of the stock is currently owned by corporate insiders.

NASDAQ ORLY traded up $2.03 on Wednesday, hitting $599.38. The company’s stock had a trading volume of 1,718 shares, compared to its average volume of 509,828. O’Reilly Automotive, Inc. has a 52-week low of $545.18 and a 52-week high of $748.68. The company’s 50-day simple moving average is $637.82 and its 200 day simple moving average is $662.75. The firm has a market cap of $39.39 billion, a P/E ratio of 19.14, a PEG ratio of 1.42 and a beta of 1.04.

O’Reilly Automotive (NASDAQ:ORLY – Get Rating) last released its quarterly earnings data on Wednesday, April 27th. The specialty retailer reported $7.17 earnings per share for the quarter, missing the consensus estimate of $7.43 by ($0.26). O’Reilly Automotive had a negative return on equity of 2,699.29% and a net margin of 15.85%. The business had revenue of $3.30 billion during the quarter, compared to analysts’ expectations of $3.28 billion. During the same quarter last year, the business posted $7.06 EPS. As a group, sell-side analysts anticipate that O’Reilly Automotive, Inc. will post 32.62 earnings per share for the current fiscal year.

A number of research firms have recently issued reports on ORLY. Bank of America upgraded O’Reilly Automotive from a “neutral” rating to a “buy” rating and set a $730.00 price objective for the company in a report on Tuesday, May 10th. Citigroup cut their price objective on O’Reilly Automotive from $720.00 to $662.00 in a report on Friday, May 13th. Truist Financial dropped their target price on O’Reilly Automotive from $837.00 to $788.00 in a report on Friday, April 29th. Wells Fargo & Company dropped their target price on O’Reilly Automotive from $800.00 to $750.00 and set an “overweight” rating for the company in a report on Wednesday, June 8th. Finally, StockNews.com started coverage on O’Reilly Automotive in a report on Thursday, March 31st. They set a “buy” rating for the company. Six research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $719.58.

About O’Reilly Automotive (Get Rating)

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. 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.

Further Reading

Want to see what other hedge funds are holding ORLY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for O’Reilly Automotive, Inc. (NASDAQ:ORLY – Get Rating).

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



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