Riverview Trust Co made a new $27,000 investment in O’Reilly Automotive, Inc. (NASDAQ:ORLY)


Riverview Trust Co bought a new position in O’Reilly Automotive, Inc. (NASDAQ:ORLY – Get Rating ) in the first quarter, Holdings Channel reports. The institutional investor purchased 39 shares of the specialty retailer’s stock, valued at approximately $27,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Mascoma Wealth Management LLC purchased a new stake in O’Reilly Automotive in the 4th quarter valued at approximately $30,000. Atlas Capital Advisors LLC purchased a new stake in O’Reilly Automotive in the 4th quarter valued at approximately $30,000. Comprehensive Financial Consultants Institutional Inc. purchased a new stake in O’Reilly Automotive in the 4th quarter valued at approximately $28,000. CVA Family Office LLC purchased a new stake in O’Reilly Automotive in the 4th quarter valued at approximately $49,000. Finally, Concord Wealth Partners increased its stake in O’Reilly Automotive by 63.8% in the 4th quarter. Concord Wealth Partners now owns 95 shares of the specialty retailer’s stock valued at $67,000 after buying an additional 37 shares in the last quarter. Institutional investors and hedge funds own 82.76% of the company’s shares.

ORLY has been the subject of several research reports. MKM Partners initiated coverage on shares of O’Reilly Automotive in a research report on Thursday, June 23rd. They set a “buy” rating and a $700.00 target price on the stock. Bank of America raised shares of O’Reilly Automotive from a “neutral” rating to a “buy” rating and set a $730.00 target price on the stock in a research report on Tuesday, May 10th. DA Davidson upgraded shares of O’Reilly Automotive from a “neutral” rating to a “buy” rating and upped their target price for the company from $700.00 to $740.00 in a research report on Wednesday, June 29th. Wells Fargo & Company decreased their price objective on shares of O’Reilly Automotive from $800.00 to $750.00 and set an “overweight” rating on the stock in a research report on Wednesday, June 8th. Finally, StockNews.com initiated coverage on shares of O’Reilly Automotive in a research report on Thursday, March 31st. They assign a “buy” rating to the stock. Five research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Moderate Buy” and a consensus target price of $721.04, based on data from MarketBeat.

Shares of ORLY stock opened at $636.08 on Tuesday. O’Reilly Automotive, Inc. it has a 52-week low of $562.90 and a 52-week high of $748.68. The firm’s fifty day moving average is $621.66 and its 200 day moving average is $659.92. The firm has a market cap of $41.81 billion, a P/E ratio of 20.38, a P/E/G ratio of 1.54 and a beta of 0.99.

O’Reilly Automotive (NASDAQ:ORLY – Get Rating) last posted its earnings results on Wednesday, April 27th. The specialty retailer reported $7.17 EPS for the quarter, missing the consensus estimate of $7.43 by ($0.26). The business had revenue of $3.30 billion for the quarter, compared to the consensus estimate of $3.28 billion. O’Reilly Automotive had a net margin of 15.85% and a negative return on equity of 2,699.29%. During the same period in the previous year, the business reported $7.06 EPS. As a group, equities analysts predict that O’Reilly Automotive, Inc. will report 32.68 earnings per share for the current fiscal year.

In other news, SVP Jeffrey Lynn Groves purchased 175 shares of the business’s stock in a transaction on Monday, May 23rd. The shares were acquired at an average price of $572.77 per share, for a total value of $100,234.75. Following the acquisition, the senior vice president now directly owns 721 shares in the company, valued at $412,967.17. The transaction was disclosed in a legal filing with the SEC, which is available on the SEC’s website. Also, CFO Jeremy Adam Fletcher bought 835 shares of the business’s stock in a transaction on Friday, May 20th. The shares were bought at an average price of $600.00 per share, for a total transaction of $501,000.00. Following the acquisition, the chief financial officer now owns 1,897 shares in the company, valued at $1,138,200. Disclosure of this purchase can be found here. 1.73% of shares are owned by company insiders.

O’Reilly Automotive Company Profile (Get Rating)

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

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Want to see what other hedge funds hold ORLY? Visit HoldingsChannel.com to get the latest 13F filings and insider deals for O’Reilly Automotive, Inc. (NASDAQ: ORLY – Get Rating ).

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



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