Hanseatic Management Services Inc. grew its stake in shares of O’Reilly Automotive Inc (NASDAQ:ORLY) by 53.9% during the first quarter, Holdings Channel reports. The institutional investor owned 2,343 shares of the specialty retailer’s stock after purchasing an additional 821 shares during the quarter. Hanseatic Management Services Inc.’s holdings in O’Reilly Automotive were worth $910,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Great West Life Assurance Co. Can grew its stake in shares of O’Reilly Automotive by 12.9% in the first quarter. Great West Life Assurance Co. Can now owns 87,558 shares of the specialty retailer’s stock worth $33,939,000 after purchasing an additional 9,992 shares during the last quarter. PCJ Investment Counsel Ltd. bought a new stake in shares of O’Reilly Automotive in the first quarter worth about $1,359,000. Strategy Asset Managers LLC bought a new stake in shares of O’Reilly Automotive in the first quarter worth about $2,458,000. Keybank National Association OH grew its stake in shares of O’Reilly Automotive by 3.4% in the first quarter. Keybank National Association OH now owns 6,654 shares of the specialty retailer’s stock worth $2,584,000 after purchasing an additional 218 shares during the last quarter. Finally, Royal Bank of Scotland Group PLC bought a new stake in shares of O’Reilly Automotive in the first quarter worth about $23,777,000. 87.65% of the stock is currently owned by hedge funds and other institutional investors.

NASDAQ ORLY traded up $4.05 during mid-day trading on Wednesday, reaching $366.69. The stock had a trading volume of 227,060 shares, compared to its average volume of 692,704. O’Reilly Automotive Inc has a 1 year low of $264.50 and a 1 year high of $414.63. The firm has a market cap of $28.43 billion, a P/E ratio of 22.78, a PEG ratio of 1.29 and a beta of 0.81. The company has a quick ratio of 0.10, a current ratio of 0.84 and a debt-to-equity ratio of 9.29.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Wednesday, April 24th. The specialty retailer reported $4.05 earnings per share for the quarter, hitting analysts’ consensus estimates of $4.05. O’Reilly Automotive had a net margin of 13.87% and a return on equity of 333.23%. The company had revenue of $2.41 billion during the quarter, compared to analyst estimates of $2.44 billion. During the same period in the previous year, the business earned $3.61 EPS. The firm’s revenue for the quarter was up 5.6% on a year-over-year basis. As a group, equities analysts expect that O’Reilly Automotive Inc will post 17.77 earnings per share for the current fiscal year.

In other O’Reilly Automotive news, COO Jeff M. Shaw sold 2,758 shares of O’Reilly Automotive stock in a transaction that occurred on Tuesday, April 2nd. The shares were sold at an average price of $395.00, for a total value of $1,089,410.00. Following the completion of the sale, the chief operating officer now owns 26,992 shares of the company’s stock, valued at approximately $10,661,840. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Lawrence P. Oreilly sold 4,500 shares of O’Reilly Automotive stock in a transaction that occurred on Tuesday, February 26th. The stock was sold at an average price of $378.60, for a total transaction of $1,703,700.00. Following the completion of the sale, the director now directly owns 131,214 shares of the company’s stock, valued at approximately $49,677,620.40. The disclosure for this sale can be found here. In the last ninety days, insiders sold 51,858 shares of company stock valued at $19,515,668. 2.52% of the stock is currently owned by insiders.

Several analysts recently issued reports on ORLY shares. Citigroup raised their target price on O’Reilly Automotive from $422.00 to $454.00 and gave the stock a “buy” rating in a research note on Monday, April 1st. Morgan Stanley raised their price objective on shares of O’Reilly Automotive from $385.00 to $400.00 and gave the stock an “equal weight” rating in a report on Monday, April 15th. Credit Suisse Group restated a “hold” rating and issued a $318.00 price objective on shares of O’Reilly Automotive in a report on Tuesday, February 5th. Oppenheimer lowered shares of O’Reilly Automotive from an “outperform” rating to a “market perform” rating in a report on Friday, February 8th. Finally, Zacks Investment Research lowered shares of O’Reilly Automotive from a “hold” rating to a “sell” rating in a report on Monday, April 15th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $379.13.

TRADEMARK VIOLATION NOTICE: This piece of content was published by Watch List News and is owned by of Watch List News. If you are reading this piece of content on another site, it was stolen and reposted in violation of U.S. & international trademark & copyright legislation. The legal version of this piece of content can be viewed at https://www.watchlistnews.com/hanseatic-management-services-inc-buys-821-shares-of-oreilly-automotive-inc-orly/3018845.html.

About O’Reilly Automotive

O'Reilly Automotive, Inc, together with its subsidiaries, engages in the retail of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States. The company provides new and remanufactured automotive hard parts, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, and temperature control and water pumps; maintenance items comprising antifreeze and lighting products, appearance products, engine additives, filters, fluids, and oil and wiper blades; and accessories, such as floor mats, seat covers, and truck accessories.

See Also: Blue-Chip Stocks

Want to see what other hedge funds are holding ORLY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for O’Reilly Automotive Inc (NASDAQ:ORLY).

Institutional Ownership by Quarter for O`Reilly Automotive (NASDAQ:ORLY)

Receive News & Ratings for O'Reilly Automotive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for O'Reilly Automotive and related companies with MarketBeat.com's FREE daily email newsletter.