Ruane Cunniff Goldfarb Inc Lowers stake in O'Reilly Automotive Inc (ORLY)

O'Reilly Automotive Inc (ORLY) : Ruane Cunniff Goldfarb Inc reduced its stake in O'Reilly Automotive Inc by 34.41% during the most recent quarter end. The investment management company now holds a total of 1,895,730 shares of O'Reilly Automotive Inc which is valued at $519,960,824 after selling 994,665 shares in O'Reilly Automotive Inc , the firm said in a disclosure report filed with the SEC on Jul 15, 2016.O'Reilly Automotive Inc makes up approximately 4.80% of Ruane Cunniff Goldfarb Inc’s portfolio.

Other Hedge Funds, Including , Legacy Private Trust reduced its stake in ORLY by selling 70 shares or 4.46% in the most recent quarter. The Hedge Fund company now holds 1,500 shares of ORLY which is valued at $411,420. O'Reilly Automotive Inc makes up approx 0.06% of Legacy Private Trust’s portfolio.First Manhattan Co reduced its stake in ORLY by selling 6,000 shares or 20.0% in the most recent quarter. The Hedge Fund company now holds 24,000 shares of ORLY which is valued at $6,582,720. O'Reilly Automotive Inc makes up approx 0.04% of First Manhattan Co’s portfolio.West Oak Capital boosted its stake in ORLY in the latest quarter, The investment management firm added 100 additional shares and now holds a total of 114 shares of O'Reilly Automotive Inc which is valued at $31,990. O'Reilly Automotive Inc makes up approx 0.02% of West Oak Capital’s portfolio. Kistler-tiffany Companies added ORLY to its portfolio by purchasing 6 company shares during the most recent quarter which is valued at $1,684.

O'Reilly Automotive Inc opened for trading at $274.95 and hit $275.93 on the upside on Monday, eventually ending the session at $274.28, with a gain of 0.24% or 0.65 points. The heightened volatility saw the trading volume jump to 5,70,538 shares. Company has a market cap of $26,456 M.

On the company’s financial health, O'Reilly Automotive Inc reported $2.59 EPS for the quarter, beating the analyst consensus estimate by $ 0.10 according to the earnings call on Apr 27, 2016. Analyst had a consensus of $2.49. The company had revenue of $2096.20 million for the quarter, compared to analysts expectations of $2060.40 million. The company’s revenue was up 10.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.06 EPS.

Many Wall Street Analysts have commented on O'Reilly Automotive Inc. Company shares were Reiterated by RBC Capital Mkts on Apr 29, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 266 from a previous price target of $257 .Company shares were Reiterated by UBS on Apr 19, 2016 to “Buy”, Firm has raised the Price Target to $ 305 from a previous price target of $285 .

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.

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