Tompkins Financial Corp lowered its stake in shares of AutoZone Inc. (NYSE:AZO) by 3.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,291 shares of the company’s stock after selling 72 shares during the period. Tompkins Financial Corp’s holdings in AutoZone were worth $1,760,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Evercore Wealth Management LLC raised its position in AutoZone by 1.7% in the second quarter. Evercore Wealth Management LLC now owns 81,985 shares of the company’s stock valued at $65,083,000 after buying an additional 1,404 shares during the period. British Airways Pensions Investment Management Ltd raised its position in AutoZone by 11.7% in the second quarter. British Airways Pensions Investment Management Ltd now owns 33,940 shares of the company’s stock valued at $27,050,000 after buying an additional 3,560 shares during the period. Todd Asset Management LLC raised its position in AutoZone by 3,280.0% in the second quarter. Todd Asset Management LLC now owns 17,914 shares of the company’s stock valued at $14,221,000 after buying an additional 17,384 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its position in AutoZone by 2.0% in the second quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 4,521 shares of the company’s stock valued at $3,589,000 after buying an additional 90 shares during the period. Finally, Norinchukin Bank The raised its position in AutoZone by 0.7% in the second quarter. Norinchukin Bank The now owns 3,426 shares of the company’s stock valued at $2,720,000 after buying an additional 23 shares during the period. 94.06% of the stock is owned by institutional investors.

Institutional Ownership by Quarter for AutoZone (NYSE:AZO)

AutoZone Inc. (NYSE:AZO) traded down 0.51% during mid-day trading on Monday, hitting $793.90. The stock had a trading volume of 276,359 shares. The company has a 50-day moving average price of $754.03 and a 200 day moving average price of $767.59. The company has a market cap of $22.91 billion, a P/E ratio of 19.51 and a beta of 0.61. AutoZone Inc. has a 1-year low of $681.01 and a 1-year high of $819.54.

AutoZone (NYSE:AZO) last issued its quarterly earnings results on Thursday, September 22nd. The company reported $14.30 earnings per share for the quarter, beating analysts’ consensus estimates of $14.25 by $0.05. The business earned $3.40 billion during the quarter. AutoZone had a net margin of 11.67% and a negative return on equity of 69.23%. The business’s revenue for the quarter was up 3.3% on a year-over-year basis. During the same period in the prior year, the business earned $12.75 EPS. Equities research analysts forecast that AutoZone Inc. will post $45.44 EPS for the current fiscal year.

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A number of equities analysts recently issued reports on AZO shares. Goldman Sachs Group Inc. set a $841.00 price objective on AutoZone and gave the stock a “hold” rating in a report on Monday, September 19th. Citigroup Inc. reissued a “buy” rating on shares of AutoZone in a report on Thursday, August 25th. Zacks Investment Research raised AutoZone from a “sell” rating to a “hold” rating in a report on Monday, October 31st. Morgan Stanley set a $820.00 price objective on AutoZone and gave the stock a “hold” rating in a report on Thursday, August 11th. Finally, Argus reissued a “buy” rating and issued a $875.00 price objective on shares of AutoZone in a report on Saturday, October 22nd. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $855.63.

AutoZone Company Profile

AutoZone, Inc is a retailer and distributor of automotive replacement parts and accessories in the United States. The Company’s operating segments include Auto Parts Locations and Other. The Auto Parts Locations segment comprises Domestic Auto Parts, Mexico, Brazil and Interamerican Motor Corporation (IMC).

5 Day Chart for NYSE:AZO

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