Signalpoint Asset Management buys $16,779,473 stake in O'Reilly Automotive Inc (ORLY)

O'Reilly Automotive Inc (ORLY) : Signalpoint Asset Management scooped up 116 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 Apr 26, 2016. The investment management firm now holds a total of 63,878 shares of O'Reilly Automotive Inc which is valued at $16,779,473.O'Reilly Automotive Inc makes up approximately 7.21% of Signalpoint Asset Management’s portfolio.

O'Reilly Automotive Inc opened for trading at $262.75 and hit $265.5899 on the upside on Monday, eventually ending the session at $264.28, with a gain of 0.61% or 1.6 points. The heightened volatility saw the trading volume jump to 5,88,441 shares. Company has a market cap of $25,643 M.

Other Hedge Funds, Including , Hl Financial Services boosted its stake in ORLY in the latest quarter, The investment management firm added 149 additional shares and now holds a total of 12,254 shares of O'Reilly Automotive Inc which is valued at $3,218,881. O'Reilly Automotive Inc makes up approx 0.08% of Hl Financial Services’s portfolio.Sheaff Brock Investment Advisors reduced its stake in ORLY by selling 1,327 shares or 15.64% in the most recent quarter. The Hedge Fund company now holds 7,156 shares of ORLY which is valued at $1,879,738. O'Reilly Automotive Inc makes up approx 0.23% of Sheaff Brock Investment Advisors’s portfolio.Raymond James Trust N.a. boosted its stake in ORLY in the latest quarter, The investment management firm added 219 additional shares and now holds a total of 3,313 shares of O'Reilly Automotive Inc which is valued at $893,350. O'Reilly Automotive Inc makes up approx 0.08% of Raymond James Trust N.a.’s portfolio.Simplex Trading boosted its stake in ORLY in the latest quarter, The investment management firm added 1,951 additional shares and now holds a total of 2,742 shares of O'Reilly Automotive Inc which is valued at $736,913. O'Reilly Automotive Inc makes up approx 0.12% of Simplex Trading’s portfolio.Bkd Wealth Advisors reduced its stake in ORLY by selling 2,869 shares or 17.22% in the most recent quarter. The Hedge Fund company now holds 13,795 shares of ORLY which is valued at $3,707,406. O'Reilly Automotive Inc makes up approx 0.59% of Bkd Wealth Advisors’s portfolio.

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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