New Century Investment Management Inc Lowers stake in O'Reilly Automotive Inc (ORLY)

O'Reilly Automotive Inc (ORLY) : New Century Investment Management Inc reduced its stake in O'Reilly Automotive Inc by 14.36% during the most recent quarter end. The investment management company now holds a total of 17,300 shares of O'Reilly Automotive Inc which is valued at $4,739,681 after selling 2,900 shares in O'Reilly Automotive Inc , the firm said in a disclosure report filed with the SEC on Jul 20, 2016.O'Reilly Automotive Inc makes up approximately 2.43% of New Century Investment Management Inc’s portfolio.

Other Hedge Funds, Including , Bremer Trust National Association boosted its stake in ORLY in the latest quarter, The investment management firm added 182 additional shares and now holds a total of 1,220 shares of O'Reilly Automotive Inc which is valued at $334,243. O'Reilly Automotive Inc makes up approx 0.09% of Bremer Trust National Association’s portfolio.Cypress Asset Management Inctx boosted its stake in ORLY in the latest quarter, The investment management firm added 4,610 additional shares and now holds a total of 6,365 shares of O'Reilly Automotive Inc which is valued at $1,744,901. O'Reilly Automotive Inc makes up approx 0.34% of Cypress Asset Management Inctx’s portfolio.Davenport Co boosted its stake in ORLY in the latest quarter, The investment management firm added 75 additional shares and now holds a total of 1,226 shares of O'Reilly Automotive Inc which is valued at $338,646. O'Reilly Automotive Inc makes up approx 0.01% of Davenport Co’s portfolio. 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 opened for trading at $273.66 and hit $275.47 on the upside on Wednesday, eventually ending the session at $274.14, with a gain of 0.34% or 0.92 points. The heightened volatility saw the trading volume jump to 5,42,040 shares. Company has a market cap of $26,442 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 .

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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