Sentry Investment Management LLC Sells 825 Shares of O’Reilly Automotive Inc (ORLY)

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Sentry Investment Management LLC trimmed its holdings in shares of O’Reilly Automotive Inc (NASDAQ:ORLY) by 14.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,776 shares of the specialty retailer’s stock after selling 825 shares during the period. Sentry Investment Management LLC’s holdings in O’Reilly Automotive were worth $1,659,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of ORLY. Morgan Stanley grew its holdings in O’Reilly Automotive by 100.8% during the 2nd quarter. Morgan Stanley now owns 523,585 shares of the specialty retailer’s stock worth $143,236,000 after acquiring an additional 262,779 shares in the last quarter. Cornerstone Wealth Management LLC grew its holdings in O’Reilly Automotive by 18,926.9% during the 2nd quarter. Cornerstone Wealth Management LLC now owns 184,751 shares of the specialty retailer’s stock worth $673,000 after acquiring an additional 183,780 shares in the last quarter. Victory Capital Management Inc. grew its holdings in O’Reilly Automotive by 326.3% during the 3rd quarter. Victory Capital Management Inc. now owns 207,163 shares of the specialty retailer’s stock worth $71,951,000 after acquiring an additional 158,571 shares in the last quarter. Waddell & Reed Financial Inc. grew its holdings in O’Reilly Automotive by 25.1% during the 2nd quarter. Waddell & Reed Financial Inc. now owns 594,457 shares of the specialty retailer’s stock worth $162,626,000 after acquiring an additional 119,235 shares in the last quarter. Finally, American Century Companies Inc. grew its holdings in O’Reilly Automotive by 10.5% during the 2nd quarter. American Century Companies Inc. now owns 1,110,755 shares of the specialty retailer’s stock worth $303,869,000 after acquiring an additional 105,794 shares in the last quarter. Institutional investors own 85.98% of the company’s stock.

In related news, Director John Raymond Murphy sold 400 shares of O’Reilly Automotive stock in a transaction that occurred on Thursday, August 23rd. The shares were sold at an average price of $331.28, for a total value of $132,512.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Jeremy Adam Fletcher sold 2,500 shares of O’Reilly Automotive stock in a transaction that occurred on Friday, August 31st. The stock was sold at an average price of $335.00, for a total transaction of $837,500.00. Following the completion of the sale, the senior vice president now owns 3,428 shares of the company’s stock, valued at $1,148,380. The disclosure for this sale can be found here. Insiders sold a total of 66,561 shares of company stock valued at $21,711,903 over the last quarter. 3.12% of the stock is owned by company insiders.

NASDAQ:ORLY opened at $354.74 on Friday. O’Reilly Automotive Inc has a fifty-two week low of $210.04 and a fifty-two week high of $356.26. The stock has a market capitalization of $27.56 billion, a PE ratio of 22.38, a PEG ratio of 1.35 and a beta of 1.07. The company has a current ratio of 0.91, a quick ratio of 0.11 and a debt-to-equity ratio of 6.37.

O’Reilly Automotive (NASDAQ:ORLY) last released its earnings results on Wednesday, October 24th. The specialty retailer reported $4.50 EPS for the quarter, topping analysts’ consensus estimates of $4.31 by $0.19. The company had revenue of $2.48 billion during the quarter, compared to analysts’ expectations of $2.49 billion. O’Reilly Automotive had a net margin of 14.09% and a return on equity of 259.86%. As a group, equities research analysts forecast that O’Reilly Automotive Inc will post 16.1 EPS for the current year.

Several research analysts have issued reports on ORLY shares. Bank of America reiterated a “top pick” rating and set a $390.00 target price (up from $330.00) on shares of O’Reilly Automotive in a report on Monday, September 17th. Zacks Investment Research upgraded shares of O’Reilly Automotive from a “sell” rating to a “hold” rating and set a $335.00 price target on the stock in a report on Thursday, July 19th. Jefferies Financial Group restated a “buy” rating and issued a $350.00 price target on shares of O’Reilly Automotive in a report on Friday, July 27th. Oppenheimer raised their price target on shares of O’Reilly Automotive from $305.00 to $360.00 and gave the company an “outperform” rating in a report on Wednesday, August 8th. Finally, BidaskClub cut shares of O’Reilly Automotive from a “strong-buy” rating to a “buy” rating in a report on Saturday, September 15th. Eight equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and two have given a strong buy rating to the company’s stock. O’Reilly Automotive has an average rating of “Buy” and an average price target of $340.63.

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O’Reilly Automotive Company Profile

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, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature controls, chassis parts, driveline parts, and engine parts; maintenance items comprising oil, antifreeze products, fluids, filters, wiper blades, lighting products, engine additives, and appearance products; and accessories, such as floor mats, seat covers, and truck accessories.

Read More: Price to Earnings Ratio (PE)

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

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