O'Reilly Automotive Inc (ORLY) : Belmont Global Advisors reduced its stake in O'Reilly Automotive Inc by 12.46% during the most recent quarter end. The investment management company now holds a total of 3,512 shares of O'Reilly Automotive Inc which is valued at $1,006,996 after selling 500 shares in O'Reilly Automotive Inc , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.O'Reilly Automotive Inc makes up approximately 1.83% of Belmont Global Advisors’s portfolio.
Other Hedge Funds, Including , Panagora Asset Management Inc reduced its stake in ORLY by selling 84 shares or 0.42% in the most recent quarter. The Hedge Fund company now holds 19,743 shares of ORLY which is valued at $5,660,910. O'Reilly Automotive Inc makes up approx 0.03% of Panagora Asset Management Inc’s portfolio.Wetherby Asset Management Inc reduced its stake in ORLY by selling 237 shares or 18.53% in the most recent quarter. The Hedge Fund company now holds 1,042 shares of ORLY which is valued at $298,773. O'Reilly Automotive Inc makes up approx 0.06% of Wetherby Asset Management Inc’s portfolio.Signaturefd boosted its stake in ORLY in the latest quarter, The investment management firm added 32 additional shares and now holds a total of 162 shares of O'Reilly Automotive Inc which is valued at $47,082. O'Reilly Automotive Inc makes up approx 0.01% of Signaturefd’s portfolio.
O'Reilly Automotive Inc closed down -0.36 points or -0.13% at $282.73 with 589,141 shares getting traded on Wednesday. Post opening the session at $283.32, the shares hit an intraday low of $281.0575 and an intraday high of $283.34 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
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.