Riverhead Capital Management buys $78 Million stake in O'Reilly Automotive Inc (ORLY)

O'Reilly Automotive Inc (ORLY) : Riverhead Capital Management scooped up 26,992 additional shares in O'Reilly Automotive Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 302,228 shares of O'Reilly Automotive Inc which is valued at $78 Million.O'Reilly Automotive Inc makes up approximately 1.13% of Riverhead Capital Management’s portfolio.

Other Hedge Funds, Including , Parametric Portfolio Associates boosted its stake in ORLY in the latest quarter, The investment management firm added 2,553 additional shares and now holds a total of 174,354 shares of O'Reilly Automotive Inc which is valued at $45 Million. O'Reilly Automotive Inc makes up approx 0.07% of Parametric Portfolio Associates’s portfolio. Artisan Partners Limited Partnership added ORLY to its portfolio by purchasing 242,419 company shares during the most recent quarter which is valued at $62.6 Million. O'Reilly Automotive Inc makes up approx 0.13% of Artisan Partners Limited Partnership’s portfolio. Gideon Capital Advisors sold out all of its stake in ORLY during the most recent quarter. The investment firm sold 4,414 shares of ORLY which is valued $1.1 Million.Td Asset Management Inc reduced its stake in ORLY by selling 23,138 shares or 12.64% in the most recent quarter. The Hedge Fund company now holds 159,903 shares of ORLY which is valued at $42.5 Million. O'Reilly Automotive Inc makes up approx 0.08% of Td Asset Management Inc’s portfolio. Bank Of The West added ORLY to its portfolio by purchasing 927 company shares during the most recent quarter which is valued at $246,508. O'Reilly Automotive Inc makes up approx 0.03% of Bank Of The West’s portfolio.

O'Reilly Automotive Inc opened for trading at $257.8 and hit $264.4 on the upside on Wednesday, eventually ending the session at $263.63, with a gain of 2.38% or 6.13 points. The heightened volatility saw the trading volume jump to 11,03,460 shares. Company has a market cap of $25,429 M.

On the company’s financial health, O'Reilly Automotive Inc reported $2.59 EPS for the quarter, beating the analyst consensus estimate by $ 0.10 according to the earnings call on Apr 27, 2016. Analyst had a consensus of $2.49. The company had revenue of $2096.20 million for the quarter, compared to analysts expectations of $2060.40 million. The company’s revenue was up 10.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.06 EPS.

Many Wall Street Analysts have commented on O'Reilly Automotive Inc. Company shares were Reiterated by RBC Capital Mkts on Apr 29, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 266 from a previous price target of $257 .Company shares were Reiterated by UBS on Apr 19, 2016 to “Buy”, Firm has raised the Price Target to $ 305 from a previous price target of $285 .Gabelli & Co Resumed O'Reilly Automotive Inc on Apr 15, 2016 to “Buy”, Price Target of the shares are set at $334.

O’Reilly Automotive Inc. (O’Reilly) is a specialty retailer of automotive aftermarket parts tools supplies equipment and accessories in the United States. The Company’s stores carry a product line including new and remanufactured automotive hard parts maintenance items and various automotive accessories. As of December 31 2014 the Company owned and operated 4366 stores in 43 states servicing both the do-it-yourself (DIY) customers and the professional service providers. O’Reilly’s stores offer new and remanufactured automotive hard parts such as alternators starters fuel pumps water pumps brake system components batteries belts hoses temperature control chassis parts and engine parts; maintenance items such as oil antifreeze fluids filters wiper blades lighting engine additives and appearance products and accessories such as floor mats seat covers and truck accessories.

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