Raymond James Financial Services Advisors INC Has Lowered O Reilly Automotive INC New (ORLY) Holding by $6.66 Million as Stock Price Declined

December 7, 2017 - By Marie Mckinney

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. New Mexico Educational Retirement Board reported 8,440 shares or 0.08% of all its holdings. Thrivent Financial For Lutherans holds 23,660 shares. Moreover, Advantus Cap Inc has 0.05% invested in O'Reilly Automotive, Inc. (NASDAQ:ORLY). Westwood Gp reported 770 shares or 0% of all its holdings. Westpac has 47,756 shares for 0% of their portfolio. Bnp Paribas Arbitrage, a New York-based fund reported 28,954 shares. Natl Bank Of America Corporation De owns 414,288 shares for 0.02% of their portfolio. Manufacturers Life Ins Com The has 261,751 shares. 31,017 were accumulated by Cullen Frost Bankers. Manning & Napier Advsr Lc has invested 0.5% in O'Reilly Automotive, Inc. (NASDAQ:ORLY). Oppenheimer And Co reported 48,185 shares. Schaper Benz And Wise Investment Counsel Wi reported 0.04% of its portfolio in O'Reilly Automotive, Inc. (NASDAQ:ORLY). Laurion Management L P, a New York-based fund reported 35,700 shares. Carderock Capital Mngmt invested 1.14% of its portfolio in O'Reilly Automotive, Inc. (NASDAQ:ORLY). Cypress Asset Management Inc Tx reported 5,920 shares or 0.27% of all its holdings.

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 $52.09B and $14.46 billion US Long portfolio, upped its stake in Taiwan Semiconductor Mfg Ltd (NYSE:TSM) by 145,823 shares to 302,174 shares, valued at $10.56M in 2017Q2, according to the filing. It also increased its holding in Cme Group Inc (NASDAQ:CME) by 29,893 shares in the quarter, for a total of 343,086 shares, and has risen its stake in Ishares Tr (IYR).

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 $243.81M 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: Nasdaq.com which released: “Mario Cibelli Buys HD Supply Holdings Inc, Macerich Co, O’Reilly Automotive …” on December 06, 2017, also Nasdaq.com with their article: “Weik Investment Services Inc Buys O’Reilly Automotive Inc, Schwab US …” 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: Reuters.com and their article: “BRIEF-O’Reilly Automotive appoints Greg Henslee and Dana Perlman to its board” published on November 13, 2017 as well as Globenewswire.com‘s news article titled: “O’Reilly Automotive, Inc. 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 Friday, August 21 by Zacks. The stock has “Outperform” rating by Wedbush on Thursday, February 11. The rating was maintained by Oppenheimer on Wednesday, July 5 with “Buy”. RBC Capital Markets maintained the shares of ORLY in report on Friday, July 31 with “Sector Perform” rating. Susquehanna initiated the shares of ORLY in report on Friday, August 26 with “Positive” rating. On Tuesday, September 5 the stock rating was maintained by Bank of America with “Buy”. On Thursday, July 6 the stock rating was downgraded by Morgan Stanley to “Equal-Weight”. The firm has “Buy” rating by Sterne Agee CRT given on Monday, January 25. Jefferies maintained it with “Buy” rating and $24800 target in Wednesday, August 9 report. The rating was maintained by RBC Capital Markets with “Hold” on Wednesday, July 5.

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