Raymond James Financial Services Advisors INC Lowered O Reilly Automotive INC New (ORLY) Holding by $6.66 Million; Valuation Declined

December 7, 2017 - By Maria Brooks

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. Stock Yards Bank & Trust & holds 2,300 shares or 0.06% of its portfolio. Picton Mahoney Asset invested in 0.59% or 38,000 shares. Oak Ridge Invests Ltd Liability owns 10,021 shares for 0.07% of their portfolio. Raymond James Associates reported 195,648 shares. Mark Sheptoff Fincl Planning Ltd Liability Com owns 350 shares. Marsico Cap, Colorado-based fund reported 56,941 shares. Ifc Inc Fl holds 0.04% in O'Reilly Automotive, Inc. (NASDAQ:ORLY) or 2,427 shares. Moreover, Mitsubishi Ufj Tru Bk Corporation has 0.08% invested in O'Reilly Automotive, Inc. (NASDAQ:ORLY) for 188,719 shares. Maverick Cap Limited has invested 0.74% of its portfolio in O'Reilly Automotive, Inc. (NASDAQ:ORLY). California State Teachers Retirement, a California-based fund reported 164,748 shares. Bnp Paribas Asset Mngmt has 60,330 shares for 0.12% of their portfolio. Public Employees Retirement Of Ohio, a Ohio-based fund reported 73,557 shares. Mitsubishi Ufj reported 0.12% stake. Middleton And Com Ma holds 0.9% or 19,270 shares. Wfg Advsrs Lp holds 0% in O'Reilly Automotive, Inc. (NASDAQ:ORLY) or 10 shares.

Raymond James Financial Services Advisors Inc decreased its stake in O Reilly Automotive Inc New (ORLY) by 21.4% based on its latest 2017Q2 regulatory filing with the SEC. Raymond James Financial Services Advisors Inc sold 30,531 shares as the company’s stock declined 6.25% while stock markets rallied. The institutional investor held 112,105 shares of the consumer services company at the end of 2017Q2, valued at $24.52M, down from 142,636 at the end of the previous reported quarter. Raymond James Financial Services Advisors Inc who had been investing in O Reilly Automotive Inc New for a number of months, seems to be less bullish one the $21.55 billion market cap company. The stock decreased 0.39% or $0.97 during the last trading session, reaching $244.86. About 654,158 shares traded. O'Reilly Automotive, Inc. (NASDAQ:ORLY) has declined 1.60% since December 7, 2016 and is downtrending. It has underperformed by 18.30% the S&P500.

Raymond James Financial Services Advisors Inc, which manages about $52.09 billion and $14.46B US Long portfolio, upped its stake in Chevron Corp New (NYSE:CVX) by 43,368 shares to 984,707 shares, valued at $102.74M in 2017Q2, according to the filing. It also increased its holding in Time Warner Inc (NYSE:TWX) by 43,315 shares in the quarter, for a total of 423,135 shares, and has risen its stake in Ishares Silver Trust (SLV).

Analysts await O'Reilly Automotive, Inc. (NASDAQ:ORLY) to report earnings on February, 6. They expect $2.77 earnings per share, up 6.95 % or $0.18 from last year’s $2.59 per share. ORLY’s profit will be $243.81M for 22.10 P/E if the $2.77 EPS becomes a reality. After $3.22 actual earnings per share reported by O'Reilly Automotive, Inc. for the previous quarter, Wall Street now forecasts -13.98 % negative EPS growth.

More notable recent O'Reilly Automotive, Inc. (NASDAQ:ORLY) news were published by: Nasdaq.com which released: “Weik Investment Services Inc Buys O’Reilly Automotive Inc, Schwab US …” on November 13, 2017, also Globenewswire.com with their article: “O’Reilly Automotive, Inc. Appoints Greg Henslee and Dana Perlman to Its Board …” published on November 13, 2017, Nasdaq.com published: “O’Reilly Automotive Reaches Analyst Target Price” on December 05, 2017. More interesting news about O'Reilly Automotive, Inc. (NASDAQ:ORLY) were released by: Nasdaq.com and their article: “Mario Cibelli Buys HD Supply Holdings Inc, Macerich Co, O’Reilly Automotive …” published on December 06, 2017 as well as Reuters.com‘s news article titled: “BRIEF-O’Reilly Automotive appoints Greg Henslee and Dana Perlman to its board” with publication date: November 13, 2017.

O'Reilly Automotive, Inc. (NASDAQ:ORLY) Ratings Coverage

Among 25 analysts covering O’Reilly Automotive (NASDAQ:ORLY), 13 have Buy rating, 0 Sell and 12 Hold. Therefore 52% are positive. O’Reilly Automotive had 60 analyst reports since July 30, 2015 according to SRatingsIntel. Guggenheim initiated O'Reilly Automotive, Inc. (NASDAQ:ORLY) on Wednesday, January 18 with “Neutral” rating. The company was maintained on Friday, June 2 by RBC Capital Markets. The firm has “Buy” rating by Citigroup given on Thursday, December 17. Citigroup maintained the shares of ORLY in report on Friday, April 29 with “Buy” rating. Jefferies maintained O'Reilly Automotive, Inc. (NASDAQ:ORLY) on Monday, September 11 with “Buy” rating. The stock has “Buy” rating by Deutsche Bank on Monday, January 25. The stock of O'Reilly Automotive, Inc. (NASDAQ:ORLY) has “Buy” rating given on Thursday, April 14 by Cleveland. Northcoast upgraded O'Reilly Automotive, Inc. (NASDAQ:ORLY) on Tuesday, July 18 to “Buy” rating. On Thursday, October 26 the stock rating was maintained by UBS with “Buy”. The rating was maintained by RBC Capital Markets on Wednesday, July 5 with “Hold”.

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