Ltd. Has $3.62 Million Position in AutoZone, Inc. (AZO)

Barsaba Taglieri
Agosto 2, 2017

The legal version of this article can be read at The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The fund owned 2,689 shares of the company's stock after buying an additional 112 shares during the period. Gateway Investment Advisers LLC's holdings in AutoZone were worth $1,001,000 as of its most recent filing with the SEC. Numeric Investors Llc acquired 1,060 shares as Autozone Inc (AZO)'s stock declined 9.10%. Alpha Windward LLC boosted its stake in shares of AutoZone by 0.8% in the first quarter. Atria Investments LLC raised its position in AutoZone by 5.9% in the second quarter. Manning & Napier Advisors LLC now owns 53,480 shares of the company's stock valued at $38,667,000 after buying an additional 44,690 shares during the period. Skandinaviska Enskilda Banken AB publ bought a new stake in shares of AutoZone during the first quarter worth $3,409,000. Chevy Chase Trust Holdings Inc. now owns 26,745 shares of the company's stock worth $19,338,000 after buying an additional 355 shares in the last quarter.

Many investors may have noticed that when the stock market has been running bullishly hot for quite some time, market tops can be a very busy place.

What are top analysts saying about AutoZone Inc. (NYSE:AZO) from a strong sell rating to a sell rating in a research note published on Monday. AutoZone has a 52-week low of $491.13 and a 52-week high of $817.74. The company has a market capitalization of $15.36 billion, a P/E ratio of 31.40 and a beta of 0.62. The firm's 50-day moving average price is $546.08 and its 200-day moving average price is $666.64.

Shares of AutoZone (NYSE AZO) traded up 1.61% on Monday, reaching $548.50. The institutional investor held 54,538 shares of the oil & gas production company at the end of 2016Q4, valued at $1.18 million, down from 90,118 at the end of the previous reported quarter. The firm had revenue of $2.62 billion during the quarter, compared to analysts' expectations of $2.70 billion. AutoZone had a negative return on equity of 70.52% and a net margin of 11.82%. The business's revenue for the quarter was up 1.0% on a year-over-year basis. During the same period in the previous year, the company earned $10.77 earnings per share.

Recently analysts working for various investment brokerages have changed their ratings and price targets on shares of AutoZone, Inc.

Finally, Wedbush reaffirmed a neutral rating on shares of AutoZone in a report on Thursday, July 6th. "(AZO)" was originally reported by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are accessing this story on another website, it was copied illegally and republished in violation of USA & worldwide copyright laws. UBS Asset Management Americas Inc. now owns 105,543 shares of the company's stock worth $83,357,000 after buying an additional 544 shares in the last quarter.

Several other research firms have also recently weighed in on AZO. Wolfe Research lowered AutoZone from a "market perform" rating to an "underperform" rating in a research report on Monday, July 17th. Gulf International Bank UK Ltd increased its stake in shares of AutoZone by 1.2% in the first quarter. Finally, Raymond James Financial, Inc. cut shares of AutoZone from a strong-buy rating to a market perform rating in a research report on Tuesday, May 23rd. Oppenheimer Holdings, Inc. set a $900.00 price objective on shares of AutoZone and gave the stock a buy rating in a research report on Tuesday, May 23rd.

Among 8 analysts covering Under Armour (NYSE:UAA), 1 have Buy rating, 3 Sell and 4 Hold. The company presently has a consensus rating of "Hold" and an average price target of $775.91. Also, Director William Andrew Mckenna acquired 300 shares of the business's stock in a transaction dated Thursday, July 13th. Following the transaction, the director now owns 4,431 shares in the company, valued at approximately $2,669,677.50.

In other news, VP William T. Giles sold 10,000 shares of the company's stock in a transaction on Tuesday, June 27th. The shares were sold at an average price of $602.50, for a total value of $602,500.00. Following the completion of the sale, the vice president now owns 18,500 shares of the company's stock, valued at approximately $10,750,350. The disclosure for this sale can be found here. Insiders own 2.60% of the company's stock.

Autozone, a retailer and distributor of automotive replacement parts and accessories in the United States. The Firm operates through the Auto Parts Locations segment. The Auto Parts Locations segment is a retailer and distributor of automotive parts and accessories. As of August 27, 2016, the Company operated through 5,814 locations in the United States, Puerto Rico, Mexico and Brazil. It increased, as 37 investors sold AZO shares while 209 reduced holdings.

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