Swiss National Bank lowered its position in O’Reilly Automotive Inc. (NASDAQ:ORLY) by 1.7% during the third quarter, Holdings Channel reports. The institutional investor owned 292,541 shares of the company’s stock after selling 5,200 shares during the period. Swiss National Bank’s holdings in O’Reilly Automotive were worth $81,944,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Trust Co. of Vermont acquired a new position in shares of O’Reilly Automotive during the third quarter worth $100,000. Global X Management Co. LLC raised its position in shares of O’Reilly Automotive by 200.0% in the third quarter. Global X Management Co. LLC now owns 366 shares of the company’s stock worth $103,000 after buying an additional 244 shares in the last quarter. Proficio Capital Partners LLC raised its position in shares of O’Reilly Automotive by 9.8% in the second quarter. Proficio Capital Partners LLC now owns 359 shares of the company’s stock worth $104,000 after buying an additional 32 shares in the last quarter. Bellwether Investment Group LLC acquired a new position in shares of O’Reilly Automotive during the second quarter worth $106,000. Finally, Invictus RG raised its position in shares of O’Reilly Automotive by 1.9% in the second quarter. Invictus RG now owns 493 shares of the company’s stock worth $134,000 after buying an additional 9 shares in the last quarter. 88.71% of the stock is currently owned by institutional investors.

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

O’Reilly Automotive Inc. (NASDAQ:ORLY) opened at 274.63 on Tuesday. The company has a 50-day moving average price of $270.15 and a 200-day moving average price of $273.38. O’Reilly Automotive Inc. has a 1-year low of $225.12 and a 1-year high of $292.84. The firm has a market capitalization of $25.94 billion, a P/E ratio of 26.62 and a beta of 0.69.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings data on Wednesday, October 26th. The company reported $2.90 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.92 by $0.02. O’Reilly Automotive had a net margin of 11.97% and a return on equity of 53.94%. The business earned $2.22 billion during the quarter, compared to analyst estimates of $2.23 billion. During the same period in the previous year, the firm posted $2.64 EPS. The firm’s revenue for the quarter was up 6.7% on a year-over-year basis. On average, equities research analysts predict that O’Reilly Automotive Inc. will post $10.69 earnings per share for the current fiscal year.

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Several brokerages recently weighed in on ORLY. Wedbush reaffirmed an “outperform” rating and issued a $310.00 target price (up from $280.00) on shares of O’Reilly Automotive in a research report on Wednesday, August 10th. Credit Suisse Group AG reaffirmed an “outperform” rating and issued a $290.00 target price on shares of O’Reilly Automotive in a research report on Sunday, October 23rd. Susquehanna began coverage on O’Reilly Automotive in a research report on Thursday, August 25th. They issued a “positive” rating and a $343.00 target price on the stock. Jefferies Group reaffirmed a “buy” rating and issued a $336.00 target price on shares of O’Reilly Automotive in a research report on Wednesday, October 19th. Finally, Deutsche Bank AG cut their target price on O’Reilly Automotive from $315.00 to $275.00 and set a “buy” rating on the stock in a research report on Friday, October 28th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and thirteen have assigned a buy rating to the company’s stock. O’Reilly Automotive presently has an average rating of “Buy” and an average target price of $304.65.

In related news, CEO Gregory L. Henslee sold 20,000 shares of O’Reilly Automotive stock in a transaction on Wednesday, November 23rd. The shares were sold at an average price of $275.42, for a total value of $5,508,400.00. Following the completion of the sale, the chief executive officer now owns 42,505 shares of the company’s stock, valued at approximately $11,706,727.10. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Charles H. Oreilly, Jr. sold 10,000 shares of O’Reilly Automotive stock in a transaction on Monday, November 21st. The shares were sold at an average price of $268.42, for a total transaction of $2,684,200.00. Following the completion of the sale, the director now directly owns 137,278 shares of the company’s stock, valued at approximately $36,848,160.76. The disclosure for this sale can be found here. 3.37% of the stock is currently owned by corporate insiders.

About O’Reilly Automotive

O’Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. The Company offers its products to both do-it-yourself (DIY) and professional service provider customers. Its stores’ 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 and engine parts; maintenance items, such as filters, lighting, engine additives and appearance products, and accessories, such as floor mats, seat covers and truck accessories.

5 Day Chart for NASDAQ:ORLY

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