Barclays PLC Has $209.72 Million Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Barclays PLC lessened its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 33.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 182,109 shares of the specialty retailer’s stock after selling 90,297 shares during the period. Barclays PLC owned about 0.32% of O’Reilly Automotive worth $209,715,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Darwin Wealth Management LLC acquired a new position in shares of O’Reilly Automotive during the 3rd quarter worth approximately $32,000. Trifecta Capital Advisors LLC increased its stake in O’Reilly Automotive by 383.3% in the third quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock valued at $33,000 after acquiring an additional 23 shares during the last quarter. MidAtlantic Capital Management Inc. bought a new position in O’Reilly Automotive in the third quarter valued at approximately $37,000. Princeton Global Asset Management LLC bought a new position in O’Reilly Automotive in the third quarter valued at approximately $41,000. Finally, Quarry LP increased 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 valued at $97,000 after acquiring an additional 48 shares during the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.

Insider Activity at O’Reilly Automotive

In related news, SVP Jeffery Thomas Loafman sold 620 shares of the business’s stock in a transaction on 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 transaction, the senior vice president now owns 5 shares in the company, valued at $6,201.95. The trade was a 99.20 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Andrea Weiss sold 600 shares of O’Reilly Automotive stock in a transaction 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 sale, 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 ownership of the stock. The disclosure for this sale can be found here. 1.55% of the stock is owned by company insiders.

O’Reilly Automotive Stock Performance

Shares of NASDAQ:ORLY opened at $1,197.60 on Friday. The firm has a market cap of $69.14 billion, a PE ratio of 29.63, a price-to-earnings-growth ratio of 2.58 and a beta of 0.94. The firm’s fifty day moving average is $1,222.65 and its 200-day moving average is $1,155.99. O’Reilly Automotive, Inc. has a 52 week low of $935.75 and a 52 week high of $1,283.96.

O’Reilly Automotive (NASDAQ:ORLY) last released its earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $11.53 by ($0.12). The firm had revenue of $4.36 billion during the quarter, compared to analyst estimates of $4.42 billion. O’Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. O’Reilly Automotive’s quarterly revenue was up 3.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $10.72 EPS. Sell-side analysts forecast that O’Reilly Automotive, Inc. will post 40.85 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts recently issued reports on ORLY shares. Wedbush reissued a “neutral” rating and issued a $1,200.00 price objective on shares of O’Reilly Automotive in a research note on Thursday, October 24th. Roth Mkm reissued a “buy” rating and issued a $1,337.00 price objective on shares of O’Reilly Automotive in a research note on Wednesday, October 16th. BNP Paribas raised shares of O’Reilly Automotive to a “strong-buy” rating in a research note on Friday, October 25th. JPMorgan Chase & Co. lifted their price objective on shares of O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the company an “overweight” rating in a research note on Wednesday, October 16th. Finally, DA Davidson reissued a “buy” rating and issued a $1,275.00 price objective on shares of O’Reilly Automotive in a research note on Thursday, October 24th. Three research analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $1,270.69.

O’Reilly Automotive 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.