Magee Thomson Investment Partners Lowers stake in O'Reilly Automotive Inc (ORLY)

O'Reilly Automotive Inc (ORLY) : Magee Thomson Investment Partners reduced its stake in O'Reilly Automotive Inc by 1.91% during the most recent quarter end. The investment management company now holds a total of 62,040 shares of O'Reilly Automotive Inc which is valued at $16,729,086 after selling 1,210 shares in O'Reilly Automotive Inc , the firm said in a disclosure report filed with the SEC on Apr 20, 2016.O'Reilly Automotive Inc makes up approximately 5.10% of Magee Thomson Investment Partners’s portfolio.

O'Reilly Automotive Inc closed down -0.11 points or -0.04% at $269.65 with 6,46,301 shares getting traded on Friday. Post opening the session at $269.22, the shares hit an intraday low of $267.63 and an intraday high of $270.8606 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

Other Hedge Funds, Including , Leavell Investment Management boosted its stake in ORLY in the latest quarter, The investment management firm added 2,400 additional shares and now holds a total of 4,913 shares of O'Reilly Automotive Inc which is valued at $1,324,790. O'Reilly Automotive Inc makes up approx 0.20% of Leavell Investment Management’s portfolio.Gateway Investment Advisers reduced its stake in ORLY by selling 3,440 shares or 33.57% in the most recent quarter. The Hedge Fund company now holds 6,808 shares of ORLY which is valued at $1,835,777. O'Reilly Automotive Inc makes up approx 0.02% of Gateway Investment Advisers’s portfolio.Exxonmobil Investment Management Inc Tx boosted its stake in ORLY in the latest quarter, The investment management firm added 1,554 additional shares and now holds a total of 23,663 shares of O'Reilly Automotive Inc which is valued at $6,359,431. O'Reilly Automotive Inc makes up approx 0.14% of Exxonmobil Investment Management Inc Tx’s portfolio.

On the company’s financial health, O'Reilly Automotive Inc reported $2.19 EPS for the quarter, beating the analyst consensus estimate by $ 0.11 according to the earnings call on Feb 10, 2016. Analyst had a consensus of $2.08. The company had revenue of $1949.10 million for the quarter, compared to analysts expectations of $1908.75 million. The company’s revenue was up 10.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.76 EPS.

Many Wall Street Analysts have commented on O'Reilly Automotive Inc. 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.Barclays Initiated O'Reilly Automotive Inc on Mar 31, 2016 to “Overweight”, Price Target of the shares are set at $300.

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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