Ruane Cunniff & Goldfarb INC Has Decreased Its O Reilly Automotive INC New (ORLY) Stake by $34.64 Million; Share Value Declined

November 14, 2017 - By Michael Collier

Investors sentiment increased to 0.76 in Q2 2017. Its up 0.03, from 0.73 in 2017Q1. It increased, as 80 investors sold ORLY shares while 225 reduced holdings. 73 funds opened positions while 159 raised stakes. 80.90 million shares or 1.16% more from 79.98 million shares in 2017Q1 were reported. Wellington Mngmt Gp Ltd Liability Partnership reported 1.36 million shares stake. Marsico Capital Mngmt Ltd Limited Liability Company holds 0.52% or 56,941 shares. Creative Planning reported 7,256 shares. Brown Advisory Inc holds 0.01% of its portfolio in O’Reilly Automotive Inc (NASDAQ:ORLY) for 11,956 shares. Franklin Res accumulated 140,564 shares or 0.02% of the stock. California-based West Oak Cap Limited Liability has invested 0% in O’Reilly Automotive Inc (NASDAQ:ORLY). Shine Investment Advisory has 0.01% invested in O’Reilly Automotive Inc (NASDAQ:ORLY). Evercore Wealth Mgmt Ltd Co, New York-based fund reported 5,354 shares. Jennison Assoc Ltd Liability Corporation, New York-based fund reported 2.56M shares. 57,789 were accumulated by Woodstock. Fuller And Thaler Asset Management has 0% invested in O’Reilly Automotive Inc (NASDAQ:ORLY). Aberdeen Asset Mgmt Public Ltd Limited Liability Company Uk owns 20,151 shares. Goldman Sachs Group Incorporated holds 0.04% or 742,588 shares in its portfolio. Cibc Asset reported 0.02% of its portfolio in O’Reilly Automotive Inc (NASDAQ:ORLY). Neuberger Berman Gru Ltd Liability Corporation holds 0.02% or 64,030 shares in its portfolio.

Since May 19, 2017, it had 1 buy, and 1 insider sale for $6.25 million activity. $11,750 worth of O’Reilly Automotive Inc (NASDAQ:ORLY) was bought by LAURO JEFFREY ALAN on Tuesday, May 23.

Ruane Cunniff & Goldfarb Inc decreased its stake in O Reilly Automotive Inc New (ORLY) by 9.04% based on its latest 2017Q2 regulatory filing with the SEC. Ruane Cunniff & Goldfarb Inc sold 158,887 shares as the company’s stock declined 6.25% while stock markets rallied. The institutional investor held 1.60 million shares of the consumer services company at the end of 2017Q2, valued at $349.72M, down from 1.76M at the end of the previous reported quarter. Ruane Cunniff & Goldfarb Inc who had been investing in O Reilly Automotive Inc New for a number of months, seems to be less bullish one the $18.59B market cap company. The stock rose 1.73% or $3.71 reaching $217.88. About 487,896 shares traded. O’Reilly Automotive Inc (NASDAQ:ORLY) has declined 1.60% since November 14, 2016 and is downtrending. It has underperformed by 18.30% the S&P500.

Ruane Cunniff & Goldfarb Inc, which manages about $26.52B and $10.81B US Long portfolio, upped its stake in Schwab Charles Corp New (NYSE:SCHW) by 91,939 shares to 8.21 million shares, valued at $352.90 million in 2017Q2, according to the filing. It also increased its holding in Interactive Brokers Group In (NASDAQ:IBKR) by 506,510 shares in the quarter, for a total of 1.51M shares, and has risen its stake in Liberty Media Corp Delaware.

Wall Street await O’Reilly Automotive Inc (NASDAQ:ORLY) to release earnings on February, 6. Analysts forecast earnings per share of $2.77, up exactly $0.18 or 6.95 % from 2014’s $2.59 EPS. The expected ORLY’s profit could reach $236.34 million giving the stock 19.66 P/E in the case that $2.77 earnings per share is reported. After posting $3.22 EPS for the previous quarter, O’Reilly Automotive Inc’s analysts now forecast -13.98 % negative EPS growth.

More notable recent O’Reilly Automotive Inc (NASDAQ:ORLY) news were published by: Reuters.com which released: “BRIEF-O’Reilly Automotive appoints Greg Henslee and Dana Perlman to its board” on November 13, 2017, also Seekingalpha.com with their article: “O’Reilly Looks Very Cheap” published on October 27, 2017, Globenewswire.com published: “O’Reilly Automotive, Inc. Appoints Greg Henslee and Dana Perlman to Its Board …” on November 13, 2017. More interesting news about O’Reilly Automotive Inc (NASDAQ:ORLY) were released by: Nasdaq.com and their article: “O’Reilly Automotive Inc. Q3 Earnings Climb 2%” published on October 25, 2017 as well as Cnbc.com‘s news article titled: “Cramer’s lightning round: Sell O’Reilly Automotive on the Amazon effect” with publication date: October 23, 2017.

O’Reilly Automotive Inc (NASDAQ:ORLY) Ratings Coverage

Among 24 analysts covering O’Reilly Automotive (NASDAQ:ORLY), 12 have Buy rating, 0 Sell and 12 Hold. Therefore 50% are positive. O’Reilly Automotive has $343 highest and $193 lowest target. $252.88’s average target is 16.06% above currents $217.88 stock price. O’Reilly Automotive had 59 analyst reports since July 30, 2015 according to SRatingsIntel. The rating was maintained by UBS on Thursday, October 26 with “Buy”. As per Friday, April 15, the company rating was initiated by Gabelli. The firm has “Hold” rating by Deutsche Bank given on Friday, July 31. As per Thursday, July 27, the company rating was maintained by RBC Capital Markets. The company was upgraded on Tuesday, July 18 by Northcoast. Deutsche Bank upgraded O’Reilly Automotive Inc (NASDAQ:ORLY) on Monday, January 25 to “Buy” rating. On Wednesday, July 5 the stock rating was maintained by RBC Capital Markets with “Hold”. Jefferies maintained the stock with “Buy” rating in Monday, September 11 report. The stock of O’Reilly Automotive Inc (NASDAQ:ORLY) has “Buy” rating given on Thursday, July 27 by Oppenheimer. The rating was upgraded by Wolfe Research to “Outperform” on Tuesday, April 12.

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