O’Reilly Automotive, Inc. (NASDAQ:ORLY) Holdings Increased by United Asset Strategies Inc.

United Asset Strategies Inc. increased its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 4.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 605 shares of the specialty retailer’s stock after acquiring an additional 27 shares during the period. United Asset Strategies Inc.’s holdings in O’Reilly Automotive were worth $717,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. International Assets Investment Management LLC boosted its stake in O’Reilly Automotive by 99,957.0% during the 3rd quarter. International Assets Investment Management LLC now owns 854,487 shares of the specialty retailer’s stock valued at $984,027,000 after purchasing an additional 853,633 shares in the last quarter. Wellington Management Group LLP raised its position in O’Reilly Automotive by 73.0% in the third quarter. Wellington Management Group LLP now owns 1,725,316 shares of the specialty retailer’s stock worth $1,986,874,000 after acquiring an additional 728,040 shares in the last quarter. Mizuho Securities USA LLC lifted its holdings in O’Reilly Automotive by 10,626.8% in the 3rd quarter. Mizuho Securities USA LLC now owns 487,212 shares of the specialty retailer’s stock valued at $5,393,000 after acquiring an additional 482,670 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its position in shares of O’Reilly Automotive by 28.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 601,612 shares of the specialty retailer’s stock valued at $692,816,000 after purchasing an additional 133,139 shares in the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund acquired a new position in shares of O’Reilly Automotive in the 2nd quarter worth approximately $63,793,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Stock Up 2.3 %

Shares of O’Reilly Automotive stock opened at $1,282.53 on Tuesday. O’Reilly Automotive, Inc. has a 12-month low of $947.49 and a 12-month high of $1,285.90. The stock has a market capitalization of $74.04 billion, a P/E ratio of 31.73, a PEG ratio of 2.30 and a beta of 0.94. The stock has a 50 day moving average price of $1,225.18 and a two-hundred day moving average price of $1,170.48.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on ORLY shares. Roth Mkm restated a “buy” rating and set a $1,337.00 target price on shares of O’Reilly Automotive in a report on Wednesday, October 16th. Roth Capital raised shares of O’Reilly Automotive to a “strong-buy” rating in a research note on Tuesday, October 15th. BNP Paribas raised shares of O’Reilly Automotive to a “strong-buy” rating in a research note on Friday, October 25th. Barclays raised their target price on O’Reilly Automotive from $1,088.00 to $1,110.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 9th. Finally, Guggenheim increased their price objective on O’Reilly Automotive from $1,275.00 to $1,400.00 and gave the stock a “buy” rating in a research note on Friday. Two equities research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $1,295.94.

Insider Buying and Selling at O’Reilly Automotive

In related news, SVP Jeffery Thomas Loafman sold 620 shares of the 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 completion of the sale, the senior vice president now owns 5 shares in the company, valued at approximately $6,201.95. This trade represents a 99.20 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Andrea Weiss sold 600 shares of the business’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total value of $734,442.00. Following the sale, the director now owns 700 shares in the company, valued at approximately $856,849. This represents a 46.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.55% of the company’s stock.

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.