O'Reilly Automotive Inc (ORLY) : Welch Forbes reduced its stake in O'Reilly Automotive Inc by 0.68% during the most recent quarter end. The investment management company now holds a total of 337,057 shares of O'Reilly Automotive Inc which is valued at $96,627,501 after selling 2,324 shares in O'Reilly Automotive Inc , the firm said in a disclosure report filed with the SEC on Aug 2, 2016.O'Reilly Automotive Inc makes up approximately 2.86% of Welch Forbes’s portfolio.
Other Hedge Funds, Including , Quantbot Technologies Lp sold out all of its stake in ORLY during the most recent quarter. The investment firm sold 1,752 shares of ORLY which is valued $502,263. Meag Munich Ergo Kapitalanlagegesellschaft Mbh sold out all of its stake in ORLY during the most recent quarter. The investment firm sold 84,921 shares of ORLY which is valued $24,680,590. Insight Capital Research Management Inc sold out all of its stake in ORLY during the most recent quarter. The investment firm sold 9,757 shares of ORLY which is valued $2,707,665. Quotient Investors added ORLY to its portfolio by purchasing 2,147 company shares during the most recent quarter which is valued at $593,044. O'Reilly Automotive Inc makes up approx 0.27% of Quotient Investors’s portfolio.
O'Reilly Automotive Inc closed down -2.83 points or -0.97% at $287.65 with 2,86,124 shares getting traded on Monday. Post opening the session at $289.55, the shares hit an intraday low of $287.16 and an intraday high of $290.63 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, O'Reilly Automotive Inc reported $2.65 EPS for the quarter, missing the analyst consensus estimate by $ -0.03 based on the information available during the earnings call on Jul 27, 2016. Analyst had a consensus of $2.68. The company had revenue of $2176.68 million for the quarter, compared to analysts expectations of $2193.15 million. The company’s revenue was up 6.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.29 EPS.
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.