BidaskClub downgraded shares of O'Reilly Automotive (NASDAQ:ORLY) from a sell rating to a strong sell rating in a research note published on Tuesday, December 19th.
A number of other research firms also recently weighed in on ORLY. Citigroup raised their price target on O'Reilly Automotive from $276.00 to $283.00 and gave the company a buy rating in a research report on Friday, October 27th. Bank of America restated a buy rating and set a $250.00 price target on shares of O'Reilly Automotive in a research report on Tuesday, September 5th. Robert W. Baird restated a hold rating and set a $220.00 price target on shares of O'Reilly Automotive in a research report on Friday, October 27th. Moffett Nathanson started coverage on O'Reilly Automotive in a research report on Monday, December 4th. They set a buy rating on the stock. Finally, Wedbush restated a neutral rating and set a $250.00 price target (up previously from $195.00) on shares of O'Reilly Automotive in a research report on Friday, December 15th. Twelve investment analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company’s stock. O'Reilly Automotive has a consensus rating of Buy and a consensus target price of $249.45.
Shares of O'Reilly Automotive (NASDAQ ORLY) traded down $1.15 during mid-day trading on Tuesday, hitting $258.60. The company had a trading volume of 1,247,619 shares, compared to its average volume of 916,967. The company has a quick ratio of 0.10, a current ratio of 0.93 and a debt-to-equity ratio of 4.72. O'Reilly Automotive has a one year low of $169.43 and a one year high of $282.83. The stock has a market capitalization of $22,070.00, a P/E ratio of 22.01, a PEG ratio of 1.40 and a beta of 0.84.
In other O'Reilly Automotive news, insider Jeff M. Shaw sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, January 3rd. The shares were sold at an average price of $250.00, for a total value of $2,500,000.00. Following the completion of the sale, the insider now directly owns 34,285 shares in the company, valued at $8,571,250. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Chairman David E. Oreilly sold 70,000 shares of the firm’s stock in a transaction dated Tuesday, November 28th. The stock was sold at an average price of $220.29, for a total transaction of $15,420,300.00. Following the completion of the sale, the chairman now owns 135,776 shares of the company’s stock, valued at $29,910,095.04. The disclosure for this sale can be found here. Insiders sold 159,945 shares of company stock worth $36,282,766 over the last three months. 3.12% of the stock is owned by insiders.
Institutional investors and hedge funds have recently modified their holdings of the business. NEXT Financial Group Inc purchased a new stake in O'Reilly Automotive in the third quarter worth about $100,000. Monetary Management Group Inc. lifted its holdings in O'Reilly Automotive by 16.3% in the second quarter. Monetary Management Group Inc. now owns 465 shares of the specialty retailer’s stock worth $102,000 after buying an additional 65 shares during the period. Amica Retiree Medical Trust purchased a new stake in O'Reilly Automotive in the third quarter worth about $107,000. Fieldpoint Private Securities LLC purchased a new stake in O'Reilly Automotive in the third quarter worth about $141,000. Finally, Sun Life Financial INC lifted its holdings in O'Reilly Automotive by 5,107.7% in the second quarter. Sun Life Financial INC now owns 677 shares of the specialty retailer’s stock worth $148,000 after buying an additional 664 shares during the period. Institutional investors and hedge funds own 88.31% of the company’s stock.
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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 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.
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