Blue Edge Capital Lowers stake in O'Reilly Automotive Inc (ORLY)

O'Reilly Automotive Inc (ORLY) : Blue Edge Capital reduced its stake in O'Reilly Automotive Inc by 1.06% during the most recent quarter end. The investment management company now holds a total of 7,155 shares of O'Reilly Automotive Inc which is valued at $1.8 Million after selling 77 shares in O'Reilly Automotive Inc , the firm said in a disclosure report filed with the SEC on May 13, 2016.O'Reilly Automotive Inc makes up approximately 1.11% of Blue Edge Capital’s portfolio.

Other Hedge Funds, Including , Groesbeck Investment Management Corp Nj boosted its stake in ORLY in the latest quarter, The investment management firm added 100 additional shares and now holds a total of 1,700 shares of O'Reilly Automotive Inc which is valued at $438,974. O'Reilly Automotive Inc makes up approx 0.32% of Groesbeck Investment Management Corp Nj’s portfolio.Mazama Capital Management Inc reduced its stake in ORLY by selling 1,088 shares or 22.63% in the most recent quarter. The Hedge Fund company now holds 3,719 shares of ORLY which is valued at $960,320. O'Reilly Automotive Inc makes up approx 0.20% of Mazama Capital Management Inc’s portfolio.Korea Investment Corp boosted its stake in ORLY in the latest quarter, The investment management firm added 9,700 additional shares and now holds a total of 34,400 shares of O'Reilly Automotive Inc which is valued at $8.9 Million. O'Reilly Automotive Inc makes up approx 0.07% of Korea Investment Corp’s portfolio.Oak Ridge Investments reduced its stake in ORLY by selling 113 shares or 0.13% in the most recent quarter. The Hedge Fund company now holds 88,480 shares of ORLY which is valued at $22.8 Million. O'Reilly Automotive Inc makes up approx 0.61% of Oak Ridge Investments’s portfolio.New York State Common Retirement Fund boosted its stake in ORLY in the latest quarter, The investment management firm added 52,290 additional shares and now holds a total of 286,890 shares of O'Reilly Automotive Inc which is valued at $76.3 Million. O'Reilly Automotive Inc makes up approx 0.12% of New York State Common Retirement Fund’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.

Leave a Reply

O'Reilly Automotive Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on O'Reilly Automotive Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.