CX Institutional grew its place in AutoZone, Inc. (NYSE:AZO – Free Report) by 3.7% within the third quarter, in response to its most up-to-date submitting with the Securities and Trade Fee. The institutional investor owned 198 shares of the corporate’s inventory after shopping for a further 7 shares through the quarter. CX Institutional’s holdings in AutoZone had been value $624,000 as of its most up-to-date SEC submitting.
A variety of different institutional traders and hedge funds additionally lately made modifications to their positions within the firm. SG Americas Securities LLC raised its place in AutoZone by 35.3% through the first quarter. SG Americas Securities LLC now owns 3,534 shares of the corporate’s inventory valued at $11,138,000 after buying a further 922 shares within the final quarter. Sei Investments Co. lifted its place in shares of AutoZone by 60.7% through the 1st quarter. Sei Investments Co. now owns 22,315 shares of the corporate’s inventory value $70,326,000 after shopping for a further 8,427 shares over the last quarter. Oppenheimer & Co. Inc. boosted its stake in AutoZone by 12.9% within the first quarter. Oppenheimer & Co. Inc. now owns 3,509 shares of the corporate’s inventory valued at $11,059,000 after shopping for a further 401 shares within the final quarter. Peak Monetary Advisors LLC purchased a brand new place in AutoZone within the second quarter valued at about $2,816,000. Lastly, Nomura Holdings Inc. acquired a brand new place in AutoZone through the fourth quarter value about $879,000. Institutional traders personal 92.74% of the corporate’s inventory.
Wall Avenue Analyst Weigh In
A variety of equities analysis analysts have lately weighed in on AZO shares. Guggenheim raised their value goal on shares of AutoZone from $3,225.00 to $3,350.00 and gave the corporate a “purchase” ranking in a analysis word on Wednesday, September twenty fifth. Truist Monetary boosted their goal value on shares of AutoZone from $3,341.00 to $3,501.00 and gave the inventory a “purchase” ranking in a analysis word on Monday. The Goldman Sachs Group minimize AutoZone from a “purchase” ranking to a “promote” ranking and dropped their value goal for the corporate from $3,205.00 to $2,917.00 in a analysis word on Monday. UBS Group upped their goal value on AutoZone from $3,340.00 to $3,500.00 and gave the inventory a “purchase” ranking in a report on Wednesday, September twenty fifth. Lastly, Citigroup decreased their value goal on AutoZone from $3,787.00 to $3,500.00 and set a “purchase” ranking on the inventory in a report on Wednesday, September twenty fifth. One analyst has rated the inventory with a promote ranking, three have issued a maintain ranking, fourteen have given a purchase ranking and three have given a robust purchase ranking to the inventory. Based on MarketBeat, AutoZone presently has a mean ranking of “Reasonable Purchase” and a mean value goal of $3,202.71.
Verify Out Our Newest Analysis Report on AutoZone
AutoZone Inventory Up 0.9 %
AZO inventory opened at $3,129.16 on Thursday. The agency has a market cap of $53.46 billion, a price-to-earnings ratio of 21.64, a PEG ratio of 1.59 and a beta of 0.70. The corporate’s fifty day easy transferring common is $3,131.84 and its 200 day easy transferring common is $3,007.34. AutoZone, Inc. has a 12-month low of $2,375.35 and a 12-month excessive of $3,256.37.
AutoZone (NYSE:AZO – Get Free Report) final introduced its earnings outcomes on Tuesday, September twenty fourth. The corporate reported $48.11 EPS for the quarter, lacking the consensus estimate of $53.31 by ($5.20). The enterprise had income of $6.21 billion for the quarter, in comparison with the consensus estimate of $6.25 billion. AutoZone had a internet margin of 14.40% and a destructive return on fairness of 52.99%. The agency’s income for the quarter was up 9.0% on a year-over-year foundation. Throughout the identical quarter within the earlier yr, the corporate earned $46.46 EPS. Analysis analysts count on that AutoZone, Inc. will submit 157.99 earnings per share for the present yr.
Insiders Place Their Bets
In associated information, Chairman William C. Rhodes III offered 13,000 shares of the enterprise’s inventory in a transaction on Thursday, October tenth. The shares had been offered at a mean value of $3,107.15, for a complete transaction of $40,392,950.00. Following the transaction, the chairman now owns 13,857 shares within the firm, valued at $43,055,777.55. The commerce was a 0.00 % lower of their place. The transaction was disclosed in a authorized submitting with the Securities & Trade Fee, which is on the market at the SEC web site. In associated information, Chairman William C. Rhodes III offered 13,000 shares of the enterprise’s inventory in a transaction dated Thursday, October tenth. The inventory was offered at a mean value of $3,107.15, for a complete worth of $40,392,950.00. Following the completion of the sale, the chairman now instantly owns 13,857 shares of the corporate’s inventory, valued at $43,055,777.55. The commerce was a 0.00 % lower of their place. The sale was disclosed in a submitting with the SEC, which is on the market at the SEC web site. Additionally, Chairman William C. Rhodes III offered 300 shares of the corporate’s inventory in a transaction that occurred on Thursday, October third. The inventory was offered at a mean value of $3,075.20, for a complete worth of $922,560.00. Following the transaction, the chairman now instantly owns 13,857 shares within the firm, valued at roughly $42,613,046.40. This commerce represents a 0.00 % lower of their possession of the inventory. The disclosure for this sale may be discovered right here. Within the final three months, insiders have offered 14,880 shares of firm inventory value $46,225,660. Company insiders personal 2.50% of the corporate’s inventory.
AutoZone Firm Profile
AutoZone, Inc retails and distributes automotive alternative elements and equipment in the USA, Mexico, and Brazil. The corporate gives varied merchandise for automobiles, sport utility autos, vans, and light-weight vans, together with new and remanufactured automotive arduous elements, upkeep gadgets, equipment, and non-automotive merchandise.
Additional Studying
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