Par Capital Management Has Boosted Its O Reilly Automotive New (ORLY) Position; The Priceline Group Inc. (PCLN) Covered By 26 Bullish Analysts Last Week

January 13, 2018 - By Peter Erickson

Par Capital Management Inc increased O Reilly Automotive Inc New (ORLY) stake by 66.67% reported in 2017Q3 SEC filing. Par Capital Management Inc acquired 50,000 shares as O Reilly Automotive Inc New (ORLY)’s stock declined 6.25%. The Par Capital Management Inc holds 125,000 shares with $26.92 million value, up from 75,000 last quarter. O Reilly Automotive Inc New now has $21.99B valuation. The stock decreased 0.44% or $1.15 during the last trading session, reaching $258.6. About 1.25 million shares traded or 19.28% up from the average. O'Reilly Automotive, Inc. (NASDAQ:ORLY) has declined 1.60% since January 13, 2017 and is downtrending. It has underperformed by 18.30% the S&P500.

Among 34 analysts covering Priceline.com (NASDAQ:PCLN), 26 have Buy rating, 0 Sell and 8 Hold. Therefore 76% are positive. Priceline.com had 98 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of The Priceline Group Inc. (NASDAQ:PCLN) earned “Buy” rating by RBC Capital Markets on Wednesday, August 5. The firm has “Hold” rating by KeyBanc Capital Markets given on Thursday, November 16. The stock of The Priceline Group Inc. (NASDAQ:PCLN) has “Buy” rating given on Thursday, September 28 by Needham. The firm has “Buy” rating given on Friday, August 7 by Benchmark. Benchmark maintained the shares of PCLN in report on Tuesday, November 8 with “Buy” rating. The rating was maintained by Stifel Nicolaus on Tuesday, November 7 with “Buy”. Credit Suisse reinitiated The Priceline Group Inc. (NASDAQ:PCLN) on Wednesday, January 11 with “Outperform” rating. Redburn initiated The Priceline Group Inc. (NASDAQ:PCLN) on Friday, September 4 with “Buy” rating. Oppenheimer maintained the stock with “Outperform” rating in Thursday, August 6 report. The stock of The Priceline Group Inc. (NASDAQ:PCLN) has “Buy” rating given on Wednesday, October 4 by SunTrust. See The Priceline Group Inc. (NASDAQ:PCLN) latest ratings:

12/01/2018 Broker: SunTrust Rating: Buy New Target: $2200.0 Maintain
09/01/2018 Broker: J.P. Morgan Rating: Buy New Target: $2050.0
07/12/2017 Broker: M Partners Rating: Hold New Target: $1850.0 Downgrade
01/12/2017 Broker: Argus Research Old Rating: Buy New Rating: Hold Downgrade
16/11/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
07/11/2017 Broker: Piper Jaffray Rating: Buy New Target: $2000.0 Maintain
07/11/2017 Broker: Barclays Capital Rating: Overweight Old Target: $2150 New Target: $2050 Maintain
07/11/2017 Broker: Morgan Stanley Rating: Buy New Target: $1900.0
07/11/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $2000.0 Maintain
07/11/2017 Broker: Credit Suisse Rating: Outperform Old Target: $2070 New Target: $2000 Maintain

Par Capital Management Inc decreased Williams Cos Inc Del (NYSE:WMB) stake by 1.05 million shares to 2.34M valued at $70.07M in 2017Q3. It also reduced Pgt Innovations Inc (NASDAQ:PGTI) stake by 400,000 shares and now owns 761,394 shares. Mgm Resorts International (NYSE:MGM) was reduced too.

Among 25 analysts covering O’Reilly Automotive (NASDAQ:ORLY), 14 have Buy rating, 0 Sell and 11 Hold. Therefore 56% are positive. O’Reilly Automotive had 63 analyst reports since July 30, 2015 according to SRatingsIntel. The rating was downgraded by Zacks on Monday, September 21 to “Hold”. The firm earned “Outperform” rating on Tuesday, March 22 by Oppenheimer. The firm earned “Buy” rating on Wednesday, July 5 by Oppenheimer. On Tuesday, June 20 the stock rating was downgraded by Susquehanna to “Neutral”. Robert W. Baird maintained the stock with “Hold” rating in Thursday, October 26 report. The rating was upgraded by Cleveland to “Buy” on Thursday, April 14. The stock of O'Reilly Automotive, Inc. (NASDAQ:ORLY) has “Outperform” rating given on Wednesday, December 13 by RBC Capital Markets. Gabelli initiated the stock with “Buy” rating in Friday, April 15 report. Citigroup upgraded the shares of ORLY in report on Thursday, December 17 to “Buy” rating. Deutsche Bank upgraded the stock to “Buy” rating in Monday, January 25 report.

Investors sentiment increased to 0.93 in Q3 2017. Its up 0.17, from 0.76 in 2017Q2. It improved, as 79 investors sold ORLY shares while 194 reduced holdings. 90 funds opened positions while 164 raised stakes. 71.25 million shares or 11.93% less from 80.90 million shares in 2017Q2 were reported. Lombard Odier Asset Mgmt (Europe) has invested 0.01% in O'Reilly Automotive, Inc. (NASDAQ:ORLY). Wells Fargo & Mn reported 502,153 shares or 0.03% of all its holdings. Sather Financial Incorporated owns 0.25% invested in O'Reilly Automotive, Inc. (NASDAQ:ORLY) for 4,236 shares. Glenmede Company Na owns 13,366 shares for 0.01% of their portfolio. Tennessee-based Ftb Advsr has invested 0% in O'Reilly Automotive, Inc. (NASDAQ:ORLY). 350 are held by Mark Sheptoff Planning Limited Liability Corp. Polen Capital Ltd Com has invested 4.63% in O'Reilly Automotive, Inc. (NASDAQ:ORLY). Fjarde Ap holds 22,388 shares. M&T Comml Bank reported 0.02% in O'Reilly Automotive, Inc. (NASDAQ:ORLY). Nationwide Fund Advsrs, a Pennsylvania-based fund reported 101,588 shares. Moreover, Waddell And Reed has 0.04% invested in O'Reilly Automotive, Inc. (NASDAQ:ORLY) for 83,769 shares. Clearbridge Ltd Liability Co accumulated 180,345 shares. Brown Capital Management Lc holds 0.02% or 7,332 shares in its portfolio. Pub Sector Pension Board reported 9,969 shares. First Pacific Limited Liability invested in 16,000 shares.

Since August 1, 2017, it had 0 insider purchases, and 10 selling transactions for $9.34 million activity. Shares for $2.50 million were sold by SHAW JEFF M on Wednesday, January 3. JOHNSON RANDY sold $224,619 worth of O'Reilly Automotive, Inc. (NASDAQ:ORLY) on Monday, October 2. WOOTEN ROSALIE OREILLY sold $1.00M worth of stock or 5,000 shares. On Friday, September 1 OREILLY LAWRENCE P sold $986,993 worth of O'Reilly Automotive, Inc. (NASDAQ:ORLY) or 5,000 shares. Another trade for 10,000 shares valued at $2.53M was sold by Groves Jeffrey Lynn. $382,500 worth of O'Reilly Automotive, Inc. (NASDAQ:ORLY) shares were sold by FLETCHER JEREMY ADAM.

The Priceline Group Inc. provides online travel and restaurant reservation, and related services. The company has market cap of $93.61 billion. The firm operates Booking.com, which offers online accommodation reservations services; and priceline.com that provides hotel, rental car, airline ticket, and vacation package reservation services. It has a 26.92 P/E ratio. It also operates KAYAK, an online price comparison service that allows clients to search and compare travel itineraries and prices, including airline ticket, accommodation reservation, and rental car reservation information from various travel Websites at once; and agoda.com, an online accommodation reservation service primarily for clients in the Asia-Pacific region.

Since August 10, 2017, it had 0 buys, and 5 sales for $5.60 million activity. $4.69M worth of The Priceline Group Inc. (NASDAQ:PCLN) was sold by Docter Jan L. The insider Tans Gillian sold $216,299.

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