Hancock Whitney Corp Has $14.18 Million Stock Position in AutoZone, Inc. (NYSE:AZO)

Hancock Whitney Corp lessened its holdings in shares of AutoZone, Inc. (NYSE:AZO) by 0.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,785 shares of the company’s stock after selling 5 shares during the quarter. Hancock Whitney Corp’s holdings in AutoZone were worth $14,183,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Clearbridge Investments LLC lifted its holdings in AutoZone by 3.0% during the 4th quarter. Clearbridge Investments LLC now owns 6,179 shares of the company’s stock valued at $15,976,000 after purchasing an additional 179 shares during the last quarter. D.A. Davidson & CO. boosted its holdings in shares of AutoZone by 27.3% during the 4th quarter. D.A. Davidson & CO. now owns 807 shares of the company’s stock worth $2,087,000 after buying an additional 173 shares during the period. Assetmark Inc. boosted its holdings in shares of AutoZone by 10.0% during the 4th quarter. Assetmark Inc. now owns 1,459 shares of the company’s stock worth $3,772,000 after buying an additional 133 shares during the period. WBI Investments LLC acquired a new position in AutoZone in the 4th quarter valued at about $225,000. Finally, Hohimer Wealth Management LLC raised its holdings in AutoZone by 1.4% in the 4th quarter. Hohimer Wealth Management LLC now owns 366 shares of the company’s stock valued at $946,000 after acquiring an additional 5 shares during the period. Institutional investors own 92.74% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Guggenheim upped their target price on AutoZone from $3,150.00 to $3,225.00 and gave the company a “buy” rating in a research report on Wednesday, June 26th. Oppenheimer reiterated a “market perform” rating and set a $2,600.00 price objective on shares of AutoZone in a research report on Wednesday, June 26th. Wedbush reissued an “outperform” rating and issued a $3,200.00 target price on shares of AutoZone in a research report on Thursday. Evercore ISI decreased their price target on shares of AutoZone from $3,900.00 to $3,350.00 and set an “outperform” rating on the stock in a research note on Friday. Finally, StockNews.com cut shares of AutoZone from a “buy” rating to a “hold” rating in a research note on Saturday. Three equities research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, AutoZone has a consensus rating of “Moderate Buy” and a consensus price target of $3,117.12.

AutoZone Trading Down 0.8 %

AutoZone stock opened at $3,016.89 on Friday. The firm’s fifty day moving average price is $3,105.66 and its two-hundred day moving average price is $3,011.39. The firm has a market capitalization of $51.54 billion, a price-to-earnings ratio of 20.87, a price-to-earnings-growth ratio of 1.45 and a beta of 0.71. AutoZone, Inc. has a 1-year low of $2,375.35 and a 1-year high of $3,256.37.

AutoZone Company Profile

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.