Raymond James Financial Services Advisors INC Position in O Reilly Automotive INC New (ORLY) Has Trimmed by $6.66 Million as Share Price Declined

December 7, 2017 - By Linda Rogers

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. Moreover, Nordea Mngmt Ab has 0.03% invested in O'Reilly Automotive, Inc. (NASDAQ:ORLY) for 55,041 shares. 259,374 were reported by Voloridge Invest Mgmt Ltd Liability. State Treasurer State Of Michigan holds 29,947 shares or 0.05% of its portfolio. Shelton Capital Mgmt has invested 0.13% in O'Reilly Automotive, Inc. (NASDAQ:ORLY). Capstone Inv Ltd Company holds 0.16% in O'Reilly Automotive, Inc. (NASDAQ:ORLY) or 27,106 shares. Strs Ohio accumulated 131,998 shares or 0.13% of the stock. Conning Incorporated accumulated 2,387 shares. Schwab Charles Inv Management Incorporated has 0.06% invested in O'Reilly Automotive, Inc. (NASDAQ:ORLY) for 303,223 shares. Dekabank Deutsche Girozentrale invested in 0.03% or 14,883 shares. 5,050 were reported by Keybank Natl Association Oh. Logan Capital Inc invested in 2,736 shares or 0.04% of the stock. Pathstone Family Office Ltd Com reported 0% in O'Reilly Automotive, Inc. (NASDAQ:ORLY). Voya Mgmt Ltd invested in 1.27 million shares. 1,117 were reported by Great Lakes Advsrs Lc. 385,441 are owned by Alliancebernstein L P.

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 $24.52 million, 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 $14.46 billion US Long portfolio, upped its stake in Coca Cola Co (NYSE:KO) by 816,950 shares to 846,050 shares, valued at $37.95 million in 2017Q2, according to the filing. It also increased its holding in Hormel Foods Corp (NYSE:HRL) by 119,490 shares in the quarter, for a total of 259,233 shares, and has risen its stake in Spdr Ser Tr (FLRN).

Analysts await O'Reilly Automotive, Inc. (NASDAQ:ORLY) to report earnings on February, 6. They expect $2.77 EPS, up 6.95 % or $0.18 from last year’s $2.59 per share. ORLY’s profit will be $243.81 million for 22.10 P/E if the $2.77 EPS becomes a reality. After $3.22 actual EPS 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: Globenewswire.com which released: “O’Reilly Automotive, Inc. Appoints Greg Henslee and Dana Perlman to Its Board …” on November 13, 2017, also Nasdaq.com with their article: “Mario Cibelli Buys HD Supply Holdings Inc, Macerich Co, O’Reilly Automotive …” published on December 06, 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: “Weik Investment Services Inc Buys O’Reilly Automotive Inc, Schwab US …” published on November 13, 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. The stock of O'Reilly Automotive, Inc. (NASDAQ:ORLY) has “Buy” rating given on Monday, June 26 by Jefferies. The firm has “Buy” rating by Northcoast given on Tuesday, July 18. The rating was initiated by Susquehanna with “Positive” on Friday, August 26. The rating was upgraded by Wolfe Research to “Outperform” on Tuesday, April 12. The company was initiated on Friday, April 15 by Gabelli. The company was maintained on Thursday, October 19 by UBS. The stock of O'Reilly Automotive, Inc. (NASDAQ:ORLY) earned “Buy” rating by Oppenheimer on Wednesday, July 5. On Friday, July 7 the stock rating was downgraded by Bank of America to “Neutral”. Robert W. Baird maintained O'Reilly Automotive, Inc. (NASDAQ:ORLY) rating on Thursday, October 26. Robert W. Baird has “Hold” rating and $220.0 target. The firm has “Buy” rating given on Thursday, October 26 by UBS.

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