Yorktown Management & Research Co Inc maintained its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,000 shares of the specialty retailer’s stock at the close of the 2nd quarter. Yorktown Management & Research Co Inc’s holdings in O’Reilly Automotive were worth $219,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ORLY. Engineers Gate Manager LP acquired a new stake in shares of O’Reilly Automotive in the first quarter worth approximately $1,868,000. First Personal Financial Services boosted its position in shares of O’Reilly Automotive by 119.3% in the first quarter. First Personal Financial Services now owns 1,011 shares of the specialty retailer’s stock worth $273,000 after acquiring an additional 550 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in shares of O’Reilly Automotive by 25.5% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 6,798 shares of the specialty retailer’s stock worth $1,834,000 after acquiring an additional 1,383 shares during the last quarter. Toronto Dominion Bank boosted its position in shares of O’Reilly Automotive by 52.0% in the first quarter. Toronto Dominion Bank now owns 24,763 shares of the specialty retailer’s stock worth $6,681,000 after acquiring an additional 8,468 shares during the last quarter. Finally, Parkside Financial Bank & Trust boosted its position in shares of O’Reilly Automotive by 1.2% in the first quarter. Parkside Financial Bank & Trust now owns 414 shares of the specialty retailer’s stock worth $112,000 after acquiring an additional 5 shares during the last quarter. 96.64% of the stock is currently owned by institutional investors and hedge funds.

COPYRIGHT VIOLATION NOTICE: This piece of content was published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this piece of content on another site, it was illegally copied and republished in violation of U.S. & international copyright and trademark laws. The legal version of this piece of content can be accessed at https://www.thecerbatgem.com/2017/09/19/yorktown-management-research-co-inc-continues-to-hold-position-in-oreilly-automotive-inc-orly.html.

In other O’Reilly Automotive news, Director Lawrence P. Oreilly sold 5,000 shares of the company’s stock in a transaction that occurred on Friday, September 1st. The stock was sold at an average price of $197.40, for a total transaction of $987,000.00. Following the completion of the sale, the director now owns 142,754 shares of the company’s stock, valued at $28,179,639.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Randy Johnson sold 1,040 shares of the company’s stock in a transaction that occurred on Monday, July 3rd. The stock was sold at an average price of $218.74, for a total value of $227,489.60. Following the sale, the senior vice president now directly owns 9,224 shares of the company’s stock, valued at approximately $2,017,657.76. The disclosure for this sale can be found here. Insiders have sold 18,120 shares of company stock valued at $3,687,235 in the last ninety days. Company insiders own 3.12% of the company’s stock.

Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) opened at 210.08 on Tuesday. The stock has a market cap of $18.49 billion, a price-to-earnings ratio of 18.40 and a beta of 0.76. The stock’s 50 day moving average is $201.25 and its 200-day moving average is $229.81. O’Reilly Automotive, Inc. has a 1-year low of $169.43 and a 1-year high of $286.57.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Wednesday, July 26th. The specialty retailer reported $3.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.90 by $0.20. The firm had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.29 billion. O’Reilly Automotive had a return on equity of 72.22% and a net margin of 12.23%. The company’s revenue was up 5.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.65 earnings per share. On average, analysts anticipate that O’Reilly Automotive, Inc. will post $11.87 EPS for the current year.

O’Reilly Automotive announced that its Board of Directors has initiated a share repurchase program on Friday, September 1st that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the specialty retailer to reacquire up to 5.8% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s leadership believes its shares are undervalued.

ORLY has been the topic of several research analyst reports. J P Morgan Chase & Co reissued a “neutral” rating and issued a $210.00 target price (down from $295.00) on shares of O’Reilly Automotive in a research report on Thursday, July 6th. Morgan Stanley cut shares of O’Reilly Automotive from an “overweight” rating to an “equal weight” rating and reduced their price target for the company from $200.00 to $195.00 in a research report on Thursday, July 6th. BidaskClub cut shares of O’Reilly Automotive from a “sell” rating to a “strong sell” rating in a research report on Friday, June 23rd. Northcoast Research raised shares of O’Reilly Automotive from a “neutral” rating to a “buy” rating and set a $230.00 price target on the stock in a research report on Tuesday, July 18th. They noted that the move was a valuation call. Finally, UBS AG reaffirmed a “buy” rating and set a $230.00 price target (down from $255.00) on shares of O’Reilly Automotive in a research report on Tuesday, July 25th. One analyst has rated the stock with a sell rating, twelve have given a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $245.30.

O’Reilly Automotive Company Profile

O’Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. The Company sells its products to both do-it-yourself (DIY) and professional service provider customers. The Company’s product line includes new and remanufactured automotive hard parts, such as alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature control, chassis parts, driveline parts and engine parts; maintenance items, such as oil, antifreeze, fluids, filters, wiper blades, lighting, engine additives and appearance products, and accessories, such as floor mats, seat covers and truck accessories.

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

Receive News & Stock Ratings for O'Reilly Automotive Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for O'Reilly Automotive Inc. and related stocks with our FREE daily email newsletter.