The Pictet Asset Management Ltd. Has $19.23 Million Stake in O’Reilly Automotive Inc (ORLY)

The Pictet Asset Management Ltd. Has $19.23 Million Stake in O’Reilly Automotive Inc (ORLY)

A number of other institutional investors also recently bought and sold shares of the company. Smith Moore & CO. raised its stake in O'Reilly Automotive by 0.3% in the fourth quarter. Smith Moore & CO. now owns 1,267 shares of the specialty retailer’s stock worth $353,000 after buying an additional 4 shares during the last quarter. Genesee Valley Trust Co. raised its stake in O'Reilly Automotive by 0.3% in the first quarter. Genesee Valley Trust Co. now owns 4,662 shares of the specialty retailer’s stock worth $1,257,000 after buying an additional 14 shares during the last quarter. BTIM Corp. raised its stake in O'Reilly Automotive by 0.3% in the first quarter. BTIM Corp. now owns 8,471 shares of the specialty retailer’s stock worth $2,286,000 after buying an additional 26 shares during the last quarter. OLD National Bancorp IN raised its stake in O'Reilly Automotive by 2.8% in the first quarter. OLD National Bancorp IN now owns 955 shares of the specialty retailer’s stock worth $258,000 after buying an additional 26 shares during the last quarter. Finally, Checchi Capital Advisers LLC raised its stake in O'Reilly Automotive by 3.2% in the first quarter. Checchi Capital Advisers LLC now owns 938 shares of the specialty retailer’s stock worth $253,000 after buying an additional 29 shares during the last quarter. Institutional investors own 89.71% of the company’s stock.

Pictet Asset Management Ltd. increased its position in O'Reilly Automotive Inc (NASDAQ:ORLY) by 6.1% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 71,252 shares of the specialty retailer’s stock after buying an additional 4,080 shares during the period. Pictet Asset Management Ltd. owned approximately 0.08% of O'Reilly Automotive worth $19,227,000 as of its most recent SEC filing.

Shares of O'Reilly Automotive Inc (ORLY) opened at 245.92 on Monday. The firm has a market cap of $22.38 billion, a PE ratio of 22.42 and a beta of 0.69. The stock’s 50 day moving average is $252.44 and its 200 day moving average is $266.76. O'Reilly Automotive Inc has a 12 month low of $234.14 and a 12 month high of $292.84.

A number of research firms have recently issued reports on ORLY. Wedbush lowered shares of O'Reilly Automotive from an “outperform” rating to a “neutral” rating and dropped their target price for the stock from $310.00 to $260.00 in a report on Tuesday, May 30th. Jefferies Group LLC reaffirmed a “buy” rating and set a $302.00 target price on shares of O'Reilly Automotive in a report on Wednesday, May 24th. Zacks Investment Research raised shares of O'Reilly Automotive from a “sell” rating to a “hold” rating in a report on Monday, May 1st. Stephens set a $315.00 price objective on shares of O'Reilly Automotive and gave the company a “buy” rating in a report on Friday, April 28th. Finally, Oppenheimer Holdings Inc. set a $300.00 price objective on shares of O'Reilly Automotive and gave the company a “buy” rating in a report on Thursday, April 27th. Eight analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $302.76. In other news, CEO Gregory L. Henslee sold 10,000 shares of the stock in a transaction dated Wednesday, March 29th. The stock was sold at an average price of $275.00, for a total transaction of $2,750,000.00. Following the transaction, the chief executive officer now owns 32,599 shares of the company’s stock, valued at approximately $8,964,725. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Chairman David E. Oreilly sold 25,000 shares of the stock in a transaction dated Friday, May 19th. The shares were sold at an average price of $250.56, for a total value of $6,264,000.00. Following the transaction, the chairman now directly owns 145,568 shares in the company, valued at approximately $36,473,518.08. The disclosure for this sale can be found here. In the last three months, insiders have sold 40,600 shares of company stock worth $10,537,062. 3.37% of the stock is currently owned by insiders.

About O'Reilly Automotive O’Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. The Company sells its products to both do-it-yourself (DIY) and professional service provider customers. The Company’s product line includes new and remanufactured automotive hard parts, such as alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature control, chassis parts, driveline 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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:ORLY”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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