O Reilly Automotive New (ORLY) Holder Abrams Capital Management LP Decreased Stake by $7.99 Million; As Albemarle (ALB) Shares Declined, Shareholder Carmignac Gestion Cut Stake by $36.53 Million

Albemarle Corporation (NYSE:ALB) Logo

Carmignac Gestion decreased its stake in Albemarle Corp (ALB) by 36.29% based on its latest 2018Q4 regulatory filing with the SEC. Carmignac Gestion sold 474,384 shares as the company’s stock declined 8.41% while stock markets rallied. The institutional investor held 832,768 shares of the major chemicals company at the end of 2018Q4, valued at $64.18M, down from 1.31 million at the end of the previous reported quarter. Carmignac Gestion who had been investing in Albemarle Corp for a number of months, seems to be less bullish one the $9.06B market cap company. The stock increased 1.59% or $1.34 during the last trading session, reaching $85.55. About 1.54 million shares traded or 7.20% up from the average. Albemarle Corporation (NYSE:ALB) has declined 7.83% since April 5, 2018 and is downtrending. It has underperformed by 12.20% the S&P500. Some Historical ALB News: 06/03/2018 Graphene Rapidly Becoming the Industry Secret Weapon for Ultra-quick Battery Charging Technology; 09/05/2018 – Albemarle Sees FY Sales $3.2B-$3.4B; 10/05/2018 – ALBEMARLE LITHIUM EXPANSION PLAN NOT ABOUT MARKET SHARE GAIN, AIMED AT MEETING LONG-TERM COMMITMENT TO CUSTOMERS – CEO; 09/05/2018 – ALBEMARLE BOOSTS 2018 ADJUSTED EPS OUTLOOK; 17/05/2018 – Fitch Upgrades Albemarle Corp.’s IDR to ‘BBB’/’F2’; 19/04/2018 – LARA: Albemarle Corporation in South Haven Named a MIOSHA Star Site a Second Time for Exemplary Worker Safety; 01/05/2018 – Smart Money Flowing into Lithium Market; 20/03/2018 – New Super Fast Charging Lithium Battery Unveiled Upping the Stakes for Li-on Market; 19/04/2018 – ALBEMARLE DECLARES FORCE MAJEURE DUE TO SHORTAGE OF KEY RAW; 16/04/2018 – Albemarle Names Glen Merfeld Chief Technology Officer for Lithium Business

Abrams Capital Management Lp decreased its stake in O Reilly Automotive Inc New (ORLY) by 2.63% based on its latest 2018Q4 regulatory filing with the SEC. Abrams Capital Management Lp sold 23,213 shares as the company’s stock rose 3.24% with the market. The hedge fund held 859,981 shares of the consumer services company at the end of 2018Q4, valued at $296.12M, down from 883,194 at the end of the previous reported quarter. Abrams Capital Management Lp who had been investing in O Reilly Automotive Inc New for a number of months, seems to be less bullish one the $31.21B market cap company. The stock increased 0.42% or $1.68 during the last trading session, reaching $398.08. About 296,815 shares traded. O'Reilly Automotive, Inc. (NASDAQ:ORLY) has risen 52.30% since April 5, 2018 and is uptrending. It has outperformed by 47.93% the S&P500. Some Historical ORLY News: 28/03/2018 – Envision Bank Appoints Paul O’Reilly as VP/Residential Lending Manager; 26/04/2018 – O’Reilly Auto Closes Above 50-Day Moving Average: Technicals; 14/03/2018 – O’Reilly and NumFOCUS Announce First Jupyter Pop-up in Boston; 30/04/2018 – Gaming group Rank names John O’Reilly as new chief; 04/04/2018 – O’Reilly Accusers Urge Judge to Reject Blackout Request on Suit; 22/04/2018 – DJ O’Reilly Automotive Inc, Inst Holders, 1Q 2018 (ORLY); 09/05/2018 – S&PGR Downgrades O’Reilly Automotive To ‘BBB’; Outlook Stable; 08/05/2018 – O’Reilly Automotive: Greg Johnson Promoted to CEO and Co-President; 05/03/2018 Anodot to Showcase Raw Streaming Data to Al-Based Analytics and Exhibit at O’Reilly’s Strata Data Conference; 25/04/2018 – O’REILLY AUTO 1Q EPS $3.61, EST. $3.58

Since November 9, 2018, it had 0 insider buys, and 5 selling transactions for $39.92 million activity. LAURO JEFFREY ALAN sold $4.40 million worth of stock or 12,526 shares. The insider SHAW JEFF M sold 3,615 shares worth $1.36M. The insider HENSLEE GREGORY L sold $18.72 million. OREILLY DAVID E also sold $14.88M worth of O'Reilly Automotive, Inc. (NASDAQ:ORLY) shares.

More notable recent O'Reilly Automotive, Inc. (NASDAQ:ORLY) news were published by: Nasdaq.com which released: “O’Reilly (ORLY) Q4 Earnings Lag Estimates, Improves Y/Y – Nasdaq” on February 07, 2019, also Investorplace.com with their article: “AutoZone Stock Needs Preventative Maintenance, Not More Stock Buybacks – Investorplace.com” published on March 25, 2019, Nasdaq.com published: “ORLY Crosses Above Average Analyst Target – Nasdaq” on October 15, 2018. More interesting news about O'Reilly Automotive, Inc. (NASDAQ:ORLY) were released by: Nasdaq.com and their article: “Barnes & Noble, Inc. (BKS) Ex-Dividend Date Scheduled for April 04, 2019 – Nasdaq” published on April 03, 2019 as well as Nasdaq.com‘s news article titled: “ADP eyes 40 to 50 pct revenue growth by 2025 ahead of privatisation – Nasdaq” with publication date: April 04, 2019.

Analysts await O'Reilly Automotive, Inc. (NASDAQ:ORLY) to report earnings on April, 24. They expect $4.05 earnings per share, up 12.19% or $0.44 from last year’s $3.61 per share. ORLY’s profit will be $317.47M for 24.57 P/E if the $4.05 EPS becomes a reality. After $3.72 actual earnings per share reported by O'Reilly Automotive, Inc. for the previous quarter, Wall Street now forecasts 8.87% EPS growth.

Investors sentiment increased to 1.01 in Q4 2018. Its up 0.10, from 0.91 in 2018Q3. It is positive, as 41 investors sold ORLY shares while 232 reduced holdings. 88 funds opened positions while 187 raised stakes. 69.48 million shares or 9.76% more from 63.30 million shares in 2018Q3 were reported. Bbr Ltd Limited Liability Company has 0.58% invested in O'Reilly Automotive, Inc. (NASDAQ:ORLY) for 12,863 shares. Polen Ltd has 2.88 million shares for 6.47% of their portfolio. Old National National Bank In invested 0.03% in O'Reilly Automotive, Inc. (NASDAQ:ORLY). Moreover, Washington has 0.03% invested in O'Reilly Automotive, Inc. (NASDAQ:ORLY) for 1,338 shares. Qs Ltd Llc has invested 0.01% of its portfolio in O'Reilly Automotive, Inc. (NASDAQ:ORLY). Congress Asset Company Ma holds 819 shares or 0% of its portfolio. Svcs Automobile Association holds 0.15% or 148,684 shares. 13,522 were reported by Stephens Inc Ar. New York-based Tower Research Capital Limited Liability Company (Trc) has invested 0.03% in O'Reilly Automotive, Inc. (NASDAQ:ORLY). Pinnacle Associates Ltd invested 0.01% of its portfolio in O'Reilly Automotive, Inc. (NASDAQ:ORLY). Asset Mngmt One Com holds 141,221 shares. L S Advsrs reported 2,744 shares. Peapack Gladstone Fincl Corp accumulated 662 shares. Rampart Investment Co Ltd Com has invested 0.74% in O'Reilly Automotive, Inc. (NASDAQ:ORLY). California Employees Retirement Sys has invested 0.11% of its portfolio in O'Reilly Automotive, Inc. (NASDAQ:ORLY).

More notable recent Albemarle Corporation (NYSE:ALB) news were published by: Fool.com which released: “3 Top Growth Stocks to Buy in March – The Motley Fool” on March 09, 2019, also Investingnews.com with their article: “Chile to Receive Bids for Value-added Lithium Projects – Investing News Network” published on March 27, 2019, published: “10 Biggest Price Target Changes For Friday – Benzinga” on March 29, 2019. More interesting news about Albemarle Corporation (NYSE:ALB) were released by: Fool.com and their article: “2 Top Stocks You Can Buy and Hold for the Next Decade – The Motley Fool” published on March 26, 2019 as well as ‘s news article titled: “Jim Cramer Gives His Opinion On Nokia, Salesforce And More – Benzinga” with publication date: April 04, 2019.

Carmignac Gestion, which manages about $6.62B US Long portfolio, upped its stake in Servicenow Inc (NYSE:NOW) by 57,470 shares to 926,930 shares, valued at $165.04 million in 2018Q4, according to the filing. It also increased its holding in Jd.Com Inc (NASDAQ:JD) by 7.21M shares in the quarter, for a total of 7.70M shares, and has risen its stake in Graftech International Ltd.

Since November 26, 2018, it had 0 insider purchases, and 3 insider sales for $645,309 activity. 3,343 shares were sold by Tozier Scott, worth $249,221 on Friday, January 4.

O'Reilly Automotive, Inc. (NASDAQ:ORLY) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.