AutoZone, Inc. (AZO) Shares Bought by Sei Investments Co.
Sei Investments Co. boosted its holdings in shares of AutoZone, Inc. (NYSE:AZO) by 1,989.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 113,625 shares of the company’s stock after buying an additional 108,186 shares during the period. Sei Investments Co. owned approximately 0.41% of AutoZone worth $10,347,000 as of its most recent SEC filing.
Other large investors have also bought and sold shares of the company. Nisa Investment Advisors LLC lifted its stake in AutoZone by 5.3% during the second quarter. Nisa Investment Advisors LLC now owns 8,960 shares of the company’s stock worth $5,172,000 after purchasing an additional 453 shares during the last quarter. Alpha Windward LLC lifted its stake in AutoZone by 3.2% during the second quarter. Alpha Windward LLC now owns 259 shares of the company’s stock worth $148,000 after purchasing an additional 8 shares during the last quarter. Aperio Group LLC lifted its stake in AutoZone by 3.1% during the second quarter. Aperio Group LLC now owns 21,558 shares of the company’s stock worth $12,298,000 after purchasing an additional 644 shares during the last quarter. US Bancorp DE lifted its stake in AutoZone by 1.4% during the second quarter. US Bancorp DE now owns 2,944 shares of the company’s stock worth $1,679,000 after purchasing an additional 40 shares during the last quarter. Finally, Private Capital Management Inc. lifted its stake in AutoZone by 145.9% during the second quarter. Private Capital Management Inc. now owns 910 shares of the company’s stock worth $519,000 after purchasing an additional 540 shares during the last quarter. 98.66% of the stock is owned by institutional investors.
AutoZone, Inc. (AZO) opened at $629.43 on Monday. AutoZone, Inc. has a twelve month low of $491.13 and a twelve month high of $813.70. The stock has a market capitalization of $17,300.00, a PE ratio of 14.29, a P/E/G ratio of 1.16 and a beta of 0.65. The company has a current ratio of 0.97, a quick ratio of 0.15 and a debt-to-equity ratio of -3.56.
AutoZone (NYSE:AZO) last announced its quarterly earnings results on Tuesday, September 19th. The company reported $15.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $15.11 by $0.07. AutoZone had a negative return on equity of 74.48% and a net margin of 11.76%. The company had revenue of $3.51 billion for the quarter, compared to the consensus estimate of $3.49 billion. During the same quarter in the previous year, the business earned $14.30 EPS. AutoZone’s revenue was up 3.3% compared to the same quarter last year. equities analysts forecast that AutoZone, Inc. will post 46.78 earnings per share for the current year.
In other AutoZone news, Director William Andrew Mckenna sold 3,000 shares of AutoZone stock in a transaction that occurred on Thursday, September 28th. The stock was sold at an average price of $584.96, for a total transaction of $1,754,880.00. Following the sale, the director now directly owns 8,131 shares of the company’s stock, valued at approximately $4,756,309.76. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 2.80% of the company’s stock.
Several brokerages have issued reports on AZO. Stephens reaffirmed a “hold” rating and set a $550.00 price target (down previously from $620.00) on shares of AutoZone in a research note on Thursday, September 21st. Royal Bank Of Canada dropped their price target on AutoZone from $577.00 to $571.00 and set a “sector perform” rating for the company in a research note on Wednesday, September 20th. Wedbush reaffirmed a “hold” rating and set a $580.00 price target (down previously from $590.00) on shares of AutoZone in a research note on Wednesday, September 20th. Zacks Investment Research raised AutoZone from a “sell” rating to a “hold” rating in a research note on Wednesday, August 23rd. Finally, Robert W. Baird reaffirmed a “hold” rating and set a $590.00 price target on shares of AutoZone in a research note on Friday, October 27th. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $724.45.
Autozone, Inc is a retailer and distributor of automotive replacement parts and accessories in the United States. The Company 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.
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