O Reilly Automotive New (ORLY) Holding Maintained by Par Capital Management Inc; Marvell Technology Group LTD (MRVL) Holder Contour Asset Management Has Raised Its Stake by $2.96 Million as Stock Price Rose

January 19, 2018 - By Linda Rogers

Paul Reeder increased its stake in O Reilly Automotive Inc New (ORLY) by 66.67% based on its latest 2017Q3 regulatory filing with the SEC. Par Capital Management Inc bought 50,000 shares as the company’s stock declined 6.25% while stock markets rallied. The hedge fund run by Paul Reeder held 125,000 shares of the consumer services company at the end of 2017Q3, valued at $26.92M, up from 75,000 at the end of the previous reported quarter. Par Capital Management Inc who had been investing in O Reilly Automotive Inc New for a number of months, seems to be bullish on the $22.65B market cap company. The stock increased 0.49% or $1.29 during the last trading session, reaching $266.33. About 659,208 shares traded. O'Reilly Automotive, Inc. (NASDAQ:ORLY) has declined 1.60% since January 19, 2017 and is downtrending. It has underperformed by 18.30% the S&P500.

Contour Asset Management Llc increased its stake in Marvell Technology Group Ltd (MRVL) by 1.89% based on its latest 2017Q3 regulatory filing with the SEC. Contour Asset Management Llc bought 173,958 shares as the company’s stock rose 1.27% with the market. The hedge fund held 9.37M shares of the semiconductors company at the end of 2017Q3, valued at $167.67 million, up from 9.19M at the end of the previous reported quarter. Contour Asset Management Llc who had been investing in Marvell Technology Group Ltd for a number of months, seems to be bullish on the $11.64 billion market cap company. The stock increased 0.42% or $0.1 during the last trading session, reaching $23.69. About 8.56M shares traded. Marvell Technology Group Ltd. (NASDAQ:MRVL) has risen 64.54% since January 19, 2017 and is uptrending. It has outperformed by 47.84% the S&P500.

Investors sentiment decreased to 1.1 in 2017 Q3. Its down 0.05, from 1.15 in 2017Q2. It dived, as 34 investors sold MRVL shares while 102 reduced holdings. 44 funds opened positions while 106 raised stakes. 376.98 million shares or 2.13% more from 369.12 million shares in 2017Q2 were reported. Arrowstreet Lp holds 0.06% in Marvell Technology Group Ltd. (NASDAQ:MRVL) or 1.30M shares. Morgan Stanley reported 0.01% of its portfolio in Marvell Technology Group Ltd. (NASDAQ:MRVL). Grp One Trading LP invested 0.01% in Marvell Technology Group Ltd. (NASDAQ:MRVL). Moreover, Cibc Markets Incorporated has 0% invested in Marvell Technology Group Ltd. (NASDAQ:MRVL). Axa invested 0.14% in Marvell Technology Group Ltd. (NASDAQ:MRVL). Massachusetts-based Fmr has invested 0.02% in Marvell Technology Group Ltd. (NASDAQ:MRVL). Tower Capital Ltd Liability (Trc) reported 0% in Marvell Technology Group Ltd. (NASDAQ:MRVL). Kingdon Mngmt Limited Com has invested 0.43% in Marvell Technology Group Ltd. (NASDAQ:MRVL). Swiss Bank & Trust holds 0.03% or 1.49 million shares. Montag A & Associates Inc has 0.22% invested in Marvell Technology Group Ltd. (NASDAQ:MRVL). Nine Chapters Capital Management Limited Co reported 0.74% stake. Citadel Advisors Limited Company holds 0.04% or 3.09M shares in its portfolio. Lpl Ltd Liability Com owns 15,354 shares. Sit Investment Assocs Inc accumulated 87 shares. Winslow Evans & Crocker invested in 0% or 2 shares.

Among 36 analysts covering Marvell Technology Group (NASDAQ:MRVL), 23 have Buy rating, 1 Sell and 12 Hold. Therefore 64% are positive. Marvell Technology Group had 115 analyst reports since August 5, 2015 according to SRatingsIntel. On Monday, November 6 the stock rating was maintained by FBR Capital with “Buy”. FBR Capital maintained the stock with “Buy” rating in Monday, November 20 report. The stock has “Positive” rating by Susquehanna on Friday, August 7. The company was maintained on Sunday, November 26 by BMO Capital Markets. Deutsche Bank maintained it with “Hold” rating and $14 target in Thursday, August 20 report. The rating was maintained by Jefferies with “Hold” on Monday, September 14. The firm has “Buy” rating by Cowen & Co given on Tuesday, June 13. The company was maintained on Thursday, May 25 by Stifel Nicolaus. The rating was maintained by Stifel Nicolaus with “Hold” on Tuesday, November 28. The firm earned “Outperform” rating on Friday, May 26 by Oppenheimer.

Contour Asset Management Llc, which manages about $2.80B and $1.78B US Long portfolio, decreased its stake in Logmein Inc (NASDAQ:LOGM) by 55,963 shares to 587,920 shares, valued at $64.70M in 2017Q3, according to the filing. It also reduced its holding in Wayfair Inc (NYSE:W) by 19,901 shares in the quarter, leaving it with 678,991 shares, and cut its stake in Netflix Inc (NASDAQ:NFLX).

Among 26 analysts covering O’Reilly Automotive (NASDAQ:ORLY), 15 have Buy rating, 0 Sell and 11 Hold. Therefore 58% are positive. O’Reilly Automotive had 64 analyst reports since July 30, 2015 according to SRatingsIntel. The rating was maintained by Jefferies on Thursday, October 12 with “Buy”. Citigroup maintained it with “Buy” rating and $290.0 target in Tuesday, December 19 report. Goldman Sachs upgraded it to “Hold” rating and $21000 target in Thursday, July 6 report. Citigroup upgraded the shares of ORLY in report on Thursday, December 17 to “Buy” rating. The stock of O'Reilly Automotive, Inc. (NASDAQ:ORLY) earned “Outperform” rating by Oppenheimer on Tuesday, March 22. As per Friday, April 29, the company rating was maintained by RBC Capital Markets. Bank of America downgraded the stock to “Neutral” rating in Friday, July 7 report. The firm earned “Hold” rating on Friday, October 30 by Deutsche Bank. Jefferies maintained O'Reilly Automotive, Inc. (NASDAQ:ORLY) on Wednesday, July 5 with “Buy” rating. As per Friday, June 2, the company rating was maintained by RBC Capital Markets.

Par Capital Management Inc, which manages about $3.46 billion and $8.80 billion US Long portfolio, decreased its stake in Pgt Innovations Inc (NASDAQ:PGTI) by 400,000 shares to 761,394 shares, valued at $11.38M in 2017Q3, according to the filing. It also reduced its holding in Grubhub Inc (NYSE:GRUB) by 727,300 shares in the quarter, leaving it with 5.99 million shares, and cut its stake in Mgm Resorts International (NYSE:MGM).

Since August 1, 2017, it had 0 insider purchases, and 10 sales for $9.34 million activity. WOOTEN ROSALIE OREILLY sold 5,000 shares worth $1.00 million. OREILLY LAWRENCE P had sold 5,000 shares worth $986,993 on Friday, September 1. $2.50M worth of O'Reilly Automotive, Inc. (NASDAQ:ORLY) was sold by SHAW JEFF M. FLETCHER JEREMY ADAM had sold 1,500 shares worth $382,500 on Wednesday, January 3. Groves Jeffrey Lynn also sold $2.53M worth of O'Reilly Automotive, Inc. (NASDAQ:ORLY) on Wednesday, January 3.

Investors sentiment increased to 0.93 in 2017 Q3. 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. Jane Street Grp Ltd Liability Corp reported 27,812 shares. Green Square Capital Ltd Limited Liability Company invested in 0.13% or 3,387 shares. Farmers And Merchants Investments owns 52 shares. Massachusetts Fin Serv Ma holds 43,346 shares. Ellington Mgmt Group Inc Llc has 12,100 shares for 0.45% of their portfolio. 1,825 are held by Private Tru Na. Ibm Retirement Fund has 2,270 shares. Jlb & reported 22,708 shares or 1.19% of all its holdings. Amica Pension Fund Board Of Trustees holds 0.08% of its portfolio in O'Reilly Automotive, Inc. (NASDAQ:ORLY) for 3,264 shares. Alps Advisors reported 2,360 shares. Marble Arch Ltd Partnership reported 340,000 shares stake. Shearlink Limited Liability Co reported 32,326 shares. Macquarie Grp holds 0% of its portfolio in O'Reilly Automotive, Inc. (NASDAQ:ORLY) for 5,200 shares. Wells Fargo Mn reported 502,153 shares. Bokf Na accumulated 11,792 shares.

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