Sanibel Captiva Trust Company Inc. Sells 385 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Sanibel Captiva Trust Company Inc. cut its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 3.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 11,417 shares of the specialty retailer’s stock after selling 385 shares during the quarter. Sanibel Captiva Trust Company Inc.’s holdings in O’Reilly Automotive were worth $13,538,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ORLY. Dimensional Fund Advisors LP increased its holdings in O’Reilly Automotive by 10.0% in the second quarter. Dimensional Fund Advisors LP now owns 154,366 shares of the specialty retailer’s stock valued at $163,022,000 after purchasing an additional 14,071 shares during the last quarter. Wealth Alliance grew its position in shares of O’Reilly Automotive by 5.2% during the 2nd quarter. Wealth Alliance now owns 386 shares of the specialty retailer’s stock worth $407,000 after buying an additional 19 shares during the period. Meiji Yasuda Asset Management Co Ltd. increased its stake in shares of O’Reilly Automotive by 1.0% in the 2nd quarter. Meiji Yasuda Asset Management Co Ltd. now owns 1,675 shares of the specialty retailer’s stock valued at $1,769,000 after acquiring an additional 17 shares during the last quarter. Sienna Gestion raised its position in shares of O’Reilly Automotive by 12.5% in the 2nd quarter. Sienna Gestion now owns 279 shares of the specialty retailer’s stock valued at $295,000 after acquiring an additional 31 shares during the period. Finally, MQS Management LLC boosted its stake in O’Reilly Automotive by 81.9% during the 2nd quarter. MQS Management LLC now owns 351 shares of the specialty retailer’s stock worth $371,000 after acquiring an additional 158 shares during the last quarter. 85.00% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have weighed in on ORLY. BMO Capital Markets initiated coverage on shares of O’Reilly Automotive in a report on Friday, December 13th. They issued an “outperform” rating and a $1,400.00 target price on the stock. Morgan Stanley raised their price objective on O’Reilly Automotive from $1,100.00 to $1,150.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 24th. Wedbush reissued a “neutral” rating and issued a $1,200.00 target price on shares of O’Reilly Automotive in a research note on Thursday, October 24th. Wells Fargo & Company raised their price target on 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. Finally, Barclays boosted their price objective on O’Reilly Automotive from $1,088.00 to $1,110.00 and gave the company an “equal weight” rating in a research report on Thursday, January 9th. Four equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, O’Reilly Automotive has a consensus rating of “Moderate Buy” and an average target price of $1,270.69.

Insider Activity at O’Reilly Automotive

In related news, SVP Jeffery Thomas Loafman sold 620 shares of the company’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total value of $769,041.80. Following the transaction, the senior vice president now owns 5 shares in the company, valued at approximately $6,201.95. This represents a 99.20 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Andrea Weiss sold 600 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The stock was 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 $856,849. This trade represents a 46.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.18% of the stock is owned by company insiders.

O’Reilly Automotive Price Performance

O’Reilly Automotive stock opened at $1,216.79 on Friday. The company’s 50-day moving average is $1,223.74 and its 200-day moving average is $1,159.48. The firm has a market capitalization of $70.25 billion, a PE ratio of 30.10, a P/E/G ratio of 2.23 and a beta of 0.94. O’Reilly Automotive, Inc. has a fifty-two week low of $947.49 and a fifty-two week 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 earnings per share for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The business had revenue of $4.36 billion for the quarter, compared to analyst estimates of $4.42 billion. During the same period last year, the firm earned $10.72 EPS. O’Reilly Automotive’s quarterly revenue was up 3.8% compared to the same quarter last year. As a group, analysts expect that O’Reilly Automotive, Inc. will post 40.85 EPS for the current year.

About O’Reilly Automotive

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.