Skandinaviska Enskilda Banken AB publ has significantly reduced its stake in O’Reilly Automotive, Inc. (ORLY) by 5.8%, selling 11,209 shares and now holding 183,026 shares valued at $19.73 million. Other institutional investors such as Vanguard Group Inc. and the State of New Jersey Common Pension Fund D also adjusted their positions in the company. O’Reilly Automotive recently missed its EPS estimates but slightly exceeded revenue expectations, and the stock maintains a “Moderate Buy” consensus rating from analysts with an average price target of $110.26.
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Skandinaviska Enskilda Banken AB publ Has $19.73 Million Stake in O'Reilly Automotive, Inc. $ORLY
Skandinaviska Enskilda Banken AB publ has significantly reduced its stake in O’Reilly Automotive, Inc. (ORLY) by 5.8%, selling 11,209 shares and now holding 183,026 shares valued at $19.73 million. Other institutional investors such as Vanguard Group Inc. and the State of New Jersey Common Pension Fund D also adjusted their positions in the company. O’Reilly Automotive recently missed its EPS estimates but slightly exceeded revenue expectations, and the stock maintains a “Moderate Buy” consensus rating from analysts with an average price target of $110.26.