Renaissance Group Lowers stake in O'Reilly Automotive Inc (ORLY)

O'Reilly Automotive Inc (ORLY) : Renaissance Group reduced its stake in O'Reilly Automotive Inc by 6.05% during the most recent quarter end. The investment management company now holds a total of 135,102 shares of O'Reilly Automotive Inc which is valued at $35,926,324 after selling 8,699 shares in O'Reilly Automotive Inc , the firm said in a disclosure report filed with the SEC on May 3, 2016.O'Reilly Automotive Inc makes up approximately 1.48% of Renaissance Group’s portfolio.

Other Hedge Funds, Including , Geneva Advisors reduced its stake in ORLY by selling 11 shares or 0.1% in the most recent quarter. The Hedge Fund company now holds 11,294 shares of ORLY which is valued at $3,003,300. O'Reilly Automotive Inc makes up approx 0.06% of Geneva Advisors’s portfolio.Boussard Gavaudan Investment Management Llp reduced its stake in ORLY by selling 320 shares or 25.2% in the most recent quarter. The Hedge Fund company now holds 950 shares of ORLY which is valued at $252,624. O'Reilly Automotive Inc makes up approx 0.14% of Boussard Gavaudan Investment Management Llp’s portfolio.Arcadia Investment Management Corpmi reduced its stake in ORLY by selling 2,515 shares or 8.35% in the most recent quarter. The Hedge Fund company now holds 27,588 shares of ORLY which is valued at $7,246,816. O'Reilly Automotive Inc makes up approx 2.39% of Arcadia Investment Management Corpmi’s portfolio.Regentatlantic Capital reduced its stake in ORLY by selling 60 shares or 6.04% in the most recent quarter. The Hedge Fund company now holds 934 shares of ORLY which is valued at $251,853. O'Reilly Automotive Inc makes up approx 0.02% of Regentatlantic Capital’s portfolio.P.r. Herzig reduced its stake in ORLY by selling 450 shares or 11.24% in the most recent quarter. The Hedge Fund company now holds 3,555 shares of ORLY which is valued at $958,606. O'Reilly Automotive Inc makes up approx 2.05% of P.r. Herzig’s portfolio.

O'Reilly Automotive Inc opened for trading at $267.65 and hit $269.68 on the upside on Tuesday, eventually ending the session at $268.83, with a gain of 0.61% or 1.64 points. The heightened volatility saw the trading volume jump to 4,26,670 shares. Company has a market cap of $25,930 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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