Cobblestone Capital Advisors LLC NY Purchases 7,758 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Cobblestone Capital Advisors LLC NY increased its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 608.5% during the 4th quarter, Holdings Channel reports. The fund owned 9,033 shares of the specialty retailer’s stock after buying an additional 7,758 shares during the quarter. Cobblestone Capital Advisors LLC NY’s holdings in O’Reilly Automotive were worth $10,711,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Oak Ridge Investments LLC lifted its stake in O’Reilly Automotive by 4.3% in the third quarter. Oak Ridge Investments LLC now owns 12,576 shares of the specialty retailer’s stock valued at $14,483,000 after buying an additional 513 shares in the last quarter. Principal Securities Inc. lifted its stake in O’Reilly Automotive by 8.0% in the third quarter. Principal Securities Inc. now owns 2,535 shares of the specialty retailer’s stock valued at $2,919,000 after buying an additional 188 shares in the last quarter. Princeton Global Asset Management LLC bought a new position in O’Reilly Automotive in the third quarter valued at approximately $41,000. Optas LLC bought a new position in O’Reilly Automotive in the third quarter valued at approximately $261,000. Finally, KG&L Capital Management LLC lifted its stake in O’Reilly Automotive by 6.9% in the third quarter. KG&L Capital Management LLC now owns 758 shares of the specialty retailer’s stock valued at $873,000 after buying an additional 49 shares in the last quarter. Institutional investors own 85.00% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. Evercore ISI lifted their price target on shares of O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an “outperform” rating in a research note on Tuesday, December 3rd. Royal Bank of Canada lifted their price target on shares of O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the company an “outperform” rating in a research note on Friday, February 7th. StockNews.com lowered shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a research note on Tuesday. Wedbush lifted their price objective on shares of O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the company a “neutral” rating in a report on Thursday, February 6th. Finally, BMO Capital Markets lifted their price objective on shares of O’Reilly Automotive from $1,400.00 to $1,450.00 and gave the company an “outperform” rating in a report on Monday, February 10th. Three 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $1,390.81.

O’Reilly Automotive Trading Up 1.5 %

Shares of ORLY opened at $1,373.64 on Friday. The company has a market cap of $79.30 billion, a price-to-earnings ratio of 33.78, a PEG ratio of 2.34 and a beta of 0.94. O’Reilly Automotive, Inc. has a 1-year low of $947.49 and a 1-year high of $1,378.76. The company’s fifty day simple moving average is $1,264.60 and its 200 day simple moving average is $1,209.61.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $9.96 EPS for the quarter, beating the consensus estimate of $9.73 by $0.23. O’Reilly Automotive had a net margin of 14.28% and a negative return on equity of 166.88%. As a group, research analysts forecast that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Insider Buying and Selling at O’Reilly Automotive

In related news, Director Maria Sastre sold 248 shares of the company’s stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $1,316.17, for a total transaction of $326,410.16. Following the completion of the sale, the director now owns 971 shares of the company’s stock, valued at $1,278,001.07. This represents a 20.34 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Mark Joseph Merz sold 500 shares of the stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $1,325.00, for a total transaction of $662,500.00. Following the completion of the transaction, the senior vice president now directly owns 275 shares of the company’s stock, valued at $364,375. This trade represents a 64.52 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 7,894 shares of company stock worth $10,409,618 over the last ninety days. Insiders own 1.55% of the company’s stock.

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.