Mount Yale Investment Advisors LLC Sells 107 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Mount Yale Investment Advisors LLC reduced its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 14.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 623 shares of the specialty retailer’s stock after selling 107 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in O’Reilly Automotive were worth $658,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in shares of O’Reilly Automotive by 1.5% during the 1st quarter. Vanguard Group Inc. now owns 5,084,209 shares of the specialty retailer’s stock valued at $5,739,462,000 after acquiring an additional 75,837 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in O’Reilly Automotive by 3.2% during the second quarter. Principal Financial Group Inc. now owns 1,850,655 shares of the specialty retailer’s stock valued at $1,954,404,000 after purchasing an additional 57,194 shares in the last quarter. Bank of New York Mellon Corp grew its stake in shares of O’Reilly Automotive by 1.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,425,724 shares of the specialty retailer’s stock valued at $1,505,649,000 after purchasing an additional 19,211 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of O’Reilly Automotive by 56.2% in the 1st quarter. JPMorgan Chase & Co. now owns 1,045,512 shares of the specialty retailer’s stock worth $1,180,259,000 after buying an additional 376,167 shares in the last quarter. Finally, Wellington Management Group LLP lifted its position in shares of O’Reilly Automotive by 656.2% during the 4th quarter. Wellington Management Group LLP now owns 457,625 shares of the specialty retailer’s stock worth $434,780,000 after buying an additional 397,108 shares during the period. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Price Performance

Shares of NASDAQ:ORLY opened at $1,119.84 on Tuesday. The company has a 50 day moving average of $1,112.81 and a 200-day moving average of $1,072.55. O’Reilly Automotive, Inc. has a one year low of $860.10 and a one year high of $1,169.11. The stock has a market cap of $64.96 billion, a price-to-earnings ratio of 28.42, a P/E/G ratio of 2.15 and a beta of 0.92.

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results on Wednesday, July 24th. The specialty retailer reported $10.55 EPS for the quarter, missing the consensus estimate of $10.98 by ($0.43). O’Reilly Automotive had a net margin of 14.57% and a negative return on equity of 146.57%. The business had revenue of $4.27 billion for the quarter, compared to the consensus estimate of $4.32 billion. During the same quarter in the previous year, the firm posted $10.22 EPS. The business’s revenue was up 5.0% on a year-over-year basis. Equities research analysts anticipate that O’Reilly Automotive, Inc. will post 41.13 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Wells Fargo & Company lifted their price objective on O’Reilly Automotive from $1,200.00 to $1,250.00 and gave the company an “overweight” rating in a report on Thursday, August 22nd. DA Davidson raised their price objective on shares of O’Reilly Automotive from $1,200.00 to $1,275.00 and gave the stock a “buy” rating in a report on Friday, July 26th. Royal Bank of Canada reduced their target price on O’Reilly Automotive from $1,124.00 to $1,115.00 and set an “outperform” rating on the stock in a report on Friday, July 26th. Wedbush reaffirmed a “neutral” rating and set a $1,100.00 price target on shares of O’Reilly Automotive in a report on Thursday, July 25th. Finally, Evercore ISI increased their target price on O’Reilly Automotive from $1,215.00 to $1,230.00 and gave the stock an “outperform” rating in a report on Thursday, August 22nd. Four equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $1,144.06.

Insider Buying and Selling at O’Reilly Automotive

In other news, Director Gregory D. Johnson sold 15,364 shares of the business’s stock in a transaction dated Wednesday, July 31st. The stock was sold at an average price of $1,136.16, for a total transaction of $17,455,962.24. Following the completion of the transaction, the director now directly owns 5,016 shares in the company, valued at approximately $5,698,978.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, Director Gregory D. Johnson sold 15,364 shares of O’Reilly Automotive stock in a transaction that occurred on Wednesday, July 31st. The shares were sold at an average price of $1,136.16, for a total transaction of $17,455,962.24. Following the transaction, the director now owns 5,016 shares of the company’s stock, valued at approximately $5,698,978.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Chairman Gregory L. Henslee sold 18,264 shares of the company’s stock in a transaction that occurred on Tuesday, July 30th. The shares were sold at an average price of $1,127.55, for a total transaction of $20,593,573.20. Following the completion of the sale, the chairman now directly owns 13,347 shares of the company’s stock, valued at approximately $15,049,409.85. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 50,411 shares of company stock valued at $56,846,062. 1.55% of the stock is currently owned by company insiders.

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.