1 week Ago By ABMN Staff
Merit Financial Group LLC raised its holdings in AutoZone, Inc. ( NYSE:AZO – Free Report ) by 205.9% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission.
The firm owned 208 shares of the company’s stock after buying an additional 140 shares during the period. Merit Financial Group LLC’s holdings in AutoZone were worth $666,000 as of its most recent SEC filing. Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company.
International Assets Investment Management LLC increased its position in shares of AutoZone by 354,692.5% during the third quarter. International Assets Investment Management LLC now owns 993,419 shares of the company’s stock worth $31,293,100,000 after acquiring an additional 993,139 shares during the period.
Geode Capital Management LLC increased its holdings in AutoZone by 1.8% during the 3rd quarter. Geode Capital Management LLC now owns 421,716 shares of the company’s stock worth $1,326,545,000 after purchasing an additional 7,365 shares during the period.
Marshfield Associates boosted its stake in shares of AutoZone by 0.5% in the 3rd quarter. Marshfield Associates now owns 169,586 shares of the company’s stock valued at $534,204,000 after buying an additional 796 shares during the period.
Legal & General Group Plc boosted its stake in shares of AutoZone by 2.3% in the 2nd quarter. Legal & General Group Plc now owns 150,698 shares of the company’s stock valued at $446,684,000 after buying an additional 3,382 shares during the period.
Finally, Charles Schwab Investment Management Inc. increased its stake in shares of AutoZone by 0.4% during the third quarter.
Charles Schwab Investment Management Inc. now owns 104,665 shares of the company’s stock worth $329,699,000 after buying an additional 466 shares during the period. Hedge funds and other institutional investors own 92.
74% of the company’s stock. AutoZone Trading Up 0.9 % NYSE:AZO opened at $3,326.
80 on Thursday. The company has a market capitalization of $55.82 billion, a P/E ratio of 22.
23, a price-to-earnings-growth ratio of 1.78 and a beta of 0.71.
The firm has a 50-day moving average price of $3,226.34 and a two-hundred day moving average price of $3,142.72.
AutoZone, Inc. has a twelve month low of $2,672.31 and a twelve month high of $3,416.
71. Wall Street Analysts Forecast Growth Several equities research analysts have recently issued reports on AZO shares. The Goldman Sachs Group cut shares of AutoZone from a “buy” rating to a “sell” rating and decreased their price objective for the stock from $3,205.
00 to $2,917.00 in a research report on Monday, October 14th. Roth Mkm reaffirmed a “buy” rating and set a $3,634.
00 price target on shares of AutoZone in a report on Wednesday, October 16th. Morgan Stanley upped their price objective on AutoZone from $3,038.00 to $3,125.
00 and gave the stock an “overweight” rating in a research report on Wednesday, September 25th. BNP Paribas raised AutoZone to a “strong-buy” rating in a research report on Wednesday, September 25th. Finally, Citigroup upped their price target on AutoZone from $3,500.
00 to $3,900.00 and gave the company a “buy” rating in a report on Wednesday, December 11th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, sixteen have assigned a buy rating and three have given a strong buy rating to the company’s stock.
According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $3,429.84.
View Our Latest Analysis on AutoZone AutoZone Profile ( Free Report ) AutoZone, Inc retails and distributes automotive replacement parts and accessories in the United States, Mexico, and Brazil. The company provides various products for cars, sport utility vehicles, vans, and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products. Read More Want to see what other hedge funds are holding AZO? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for AutoZone, Inc. ( NYSE:AZO – Free Report ). Receive News & Ratings for AutoZone Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AutoZone and related companies with MarketBeat.
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