Polen Capital Management buys $360,535,736 stake in O'Reilly Automotive Inc (ORLY)

O'Reilly Automotive Inc (ORLY) : Polen Capital Management scooped up 129,738 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 Aug 12, 2016. The investment management firm now holds a total of 1,257,405 shares of O'Reilly Automotive Inc which is valued at $360,535,736.O'Reilly Automotive Inc makes up approximately 4.30% of Polen Capital Management’s portfolio.

Other Hedge Funds, Including , Meiji Yasuda Life Insurance Co reduced its stake in ORLY by selling 580 shares or 27.1% in the most recent quarter. The Hedge Fund company now holds 1,560 shares of ORLY which is valued at $447,299. O'Reilly Automotive Inc makes up approx 0.07% of Meiji Yasuda Life Insurance Co’s portfolio.De Burlo Group Inc reduced its stake in ORLY by selling 6,000 shares or 34.09% in the most recent quarter. The Hedge Fund company now holds 11,600 shares of ORLY which is valued at $3,369,568. O'Reilly Automotive Inc makes up approx 0.80% of De Burlo Group Inc’s portfolio.Intrust Bank Na reduced its stake in ORLY by selling 1,012 shares or 38.02% in the most recent quarter. The Hedge Fund company now holds 1,650 shares of ORLY which is valued at $473,022. O'Reilly Automotive Inc makes up approx 0.19% of Intrust Bank Na’s portfolio.

O'Reilly Automotive Inc opened for trading at $277.98 and hit $281.3199 on the upside on Monday, eventually ending the session at $280.03, with a gain of 0.64% or 1.78 points. The heightened volatility saw the trading volume jump to 6,09,820 shares. Company has a market cap of $26,583 M.

On the company’s financial health, O'Reilly Automotive Inc reported $2.65 EPS for the quarter, missing the analyst consensus estimate by $ -0.03 based on the information available during the earnings call on Jul 27, 2016. Analyst had a consensus of $2.68. The company had revenue of $2176.68 million for the quarter, compared to analysts expectations of $2193.15 million. The company’s revenue was up 6.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.29 EPS.

Many Wall Street Analysts have commented on O'Reilly Automotive Inc. Susquehanna Initiated O'Reilly Automotive Inc on Aug 26, 2016 to “Positive”, Price Target of the shares are set at $343.Company shares were Reiterated by Wedbush on Aug 10, 2016 to “Outperform”, Firm has raised the Price Target to $ 310 from a previous price target of $280 .

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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