YorkBridge Wealth Partners LLC cut its holdings in O’Reilly Automotive Inc (NASDAQ:ORLY) by 16.0% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 4,311 shares of the specialty retailer’s stock after selling 823 shares during the quarter. YorkBridge Wealth Partners LLC’s holdings in O’Reilly Automotive were worth $1,592,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in ORLY. Advisors Preferred LLC acquired a new stake in O’Reilly Automotive in the 1st quarter valued at $26,000. CX Institutional acquired a new stake in O’Reilly Automotive in the 1st quarter valued at $35,000. Paragon Capital Management LLC acquired a new stake in O’Reilly Automotive in the 1st quarter valued at $39,000. Hall Laurie J Trustee acquired a new stake in O’Reilly Automotive in the 1st quarter valued at $47,000. Finally, Thor Advisors LLC acquired a new stake in O’Reilly Automotive in the 1st quarter valued at $48,000. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Several equities research analysts have issued reports on the stock. Northcoast Research reiterated a “neutral” rating on shares of Advance Auto Parts in a research note on Thursday, June 27th. Royal Bank of Canada set a $179.00 price objective on shares of 3M and gave the company a “hold” rating in a research report on Friday. BidaskClub raised shares of Xilinx from a “hold” rating to a “buy” rating in a research report on Wednesday, July 24th. Stephens decreased their price objective on shares of O’Reilly Automotive from $440.00 to $430.00 and set an “overweight” rating for the company in a research report on Friday. Finally, Citigroup decreased their price objective on shares of GrafTech International from $21.00 to $17.00 and set a “buy” rating for the company in a research report on Monday, April 1st. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the company. O’Reilly Automotive presently has an average rating of “Buy” and an average target price of $406.67.

Shares of ORLY traded down $5.16 during midday trading on Tuesday, reaching $384.66. The stock had a trading volume of 20,199 shares, compared to its average volume of 563,323. The company’s 50 day simple moving average is $386.17. O’Reilly Automotive Inc has a one year low of $299.00 and a one year high of $414.63. The stock has a market cap of $30.08 billion, a price-to-earnings ratio of 23.91, a PEG ratio of 1.42 and a beta of 0.74. The company has a debt-to-equity ratio of 37.43, a quick ratio of 0.10 and a current ratio of 0.85.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Wednesday, July 24th. The specialty retailer reported $4.51 EPS for the quarter, missing the consensus estimate of $4.67 by ($0.16). The company had revenue of $2.59 billion for the quarter, compared to the consensus estimate of $2.61 billion. O’Reilly Automotive had a return on equity of 391.89% and a net margin of 13.69%. The business’s quarterly revenue was up 5.4% on a year-over-year basis. During the same period in the previous year, the firm posted $4.28 EPS. As a group, analysts anticipate that O’Reilly Automotive Inc will post 17.56 earnings per share for the current fiscal year.

In related news, Director John Raymond Murphy sold 528 shares of O’Reilly Automotive stock in a transaction dated Tuesday, May 21st. The shares were sold at an average price of $361.05, for a total transaction of $190,634.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 2.52% of the company’s stock.

About O’Reilly Automotive

O'Reilly Automotive, Inc, together with its subsidiaries, engages in the retail of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States. The company provides new and remanufactured automotive hard parts, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, and temperature control and water pumps; maintenance items comprising antifreeze and lighting products, appearance products, engine additives, filters, fluids, and oil and wiper blades; and accessories, such as floor mats, seat covers, and truck accessories.

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

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