Peoples Bank KS Lowers Stock Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Peoples Bank KS lessened its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 42.9% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 40 shares of the specialty retailer’s stock after selling 30 shares during the period. Peoples Bank KS’s holdings in O’Reilly Automotive were worth $47,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of ORLY. Darwin Wealth Management LLC bought a new stake in O’Reilly Automotive during the 3rd quarter valued at $32,000. Trifecta Capital Advisors LLC grew its position in shares of O’Reilly Automotive by 383.3% during the 3rd quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock worth $33,000 after buying an additional 23 shares in the last quarter. MidAtlantic Capital Management Inc. purchased a new position in shares of O’Reilly Automotive during the third quarter valued at $37,000. Princeton Global Asset Management LLC bought a new stake in shares of O’Reilly Automotive in the third quarter valued at about $41,000. Finally, Quarry LP lifted its stake in O’Reilly Automotive by 109.1% in the second quarter. Quarry LP now owns 92 shares of the specialty retailer’s stock worth $97,000 after acquiring an additional 48 shares during the period. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. Barclays raised their target price on shares of O’Reilly Automotive from $986.00 to $1,088.00 and gave the company an “equal weight” rating in a research report on Friday, October 25th. Wells Fargo & Company boosted their price objective on shares of O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the stock an “overweight” rating in a research note on Monday, October 14th. Royal Bank of Canada upped their target price on O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the stock an “outperform” rating in a report on Friday, October 25th. Wedbush restated a “neutral” rating and set a $1,200.00 price objective on shares of O’Reilly Automotive in a research note on Thursday, October 24th. Finally, Roth Mkm reiterated a “buy” rating and issued a $1,337.00 target price on shares of O’Reilly Automotive in a research note on Wednesday, October 16th. Three equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, O’Reilly Automotive currently has an average rating of “Moderate Buy” and an average target price of $1,269.31.

Insiders Place Their Bets

In other O’Reilly Automotive news, Director Andrea Weiss sold 600 shares of the firm’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 transaction of $734,442.00. Following the completion of the transaction, the director now directly owns 700 shares of the company’s stock, valued at approximately $856,849. This trade represents a 46.15 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Jeffery Thomas Loafman sold 620 shares of O’Reilly Automotive stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the sale, the senior vice president now owns 5 shares of the company’s stock, valued at approximately $6,201.95. The trade was a 99.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.55% of the stock is currently owned by insiders.

O’Reilly Automotive Stock Down 0.9 %

ORLY stock opened at $1,199.72 on Wednesday. The stock has a market capitalization of $69.26 billion, a PE ratio of 29.68, a price-to-earnings-growth ratio of 2.58 and a beta of 0.94. O’Reilly Automotive, Inc. has a 52 week low of $914.50 and a 52 week high of $1,283.96. The firm has a 50 day moving average of $1,219.70 and a 200 day moving average of $1,153.79.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). The company had revenue of $4.36 billion during the quarter, compared to analysts’ expectations of $4.42 billion. O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The company’s quarterly revenue was up 3.8% on a year-over-year basis. During the same period in the prior year, the business posted $10.72 EPS. On average, equities research analysts expect that O’Reilly Automotive, Inc. will post 40.85 earnings per share for the current year.

O’Reilly Automotive Company Profile

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.