Blair William & Co. IL Sells 83 Shares of AutoZone, Inc. (NYSE:AZO)

Blair William & Co. IL lessened its holdings in AutoZone, Inc. (NYSE:AZO) by 5.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,566 shares of the company’s stock after selling 83 shares during the quarter. Blair William & Co. IL’s holdings in AutoZone were worth $4,642,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in AZO. Quent Capital LLC boosted its holdings in shares of AutoZone by 4.8% in the 1st quarter. Quent Capital LLC now owns 88 shares of the company’s stock worth $277,000 after buying an additional 4 shares during the last quarter. Mather Group LLC. grew its position in shares of AutoZone by 1.8% during the 2nd quarter. Mather Group LLC. now owns 224 shares of the company’s stock valued at $706,000 after acquiring an additional 4 shares during the period. Conning Inc. increased its stake in shares of AutoZone by 4.3% during the 2nd quarter. Conning Inc. now owns 98 shares of the company’s stock worth $290,000 after purchasing an additional 4 shares during the last quarter. Whittier Trust Co. of Nevada Inc. increased its stake in shares of AutoZone by 14.3% during the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 32 shares of the company’s stock worth $95,000 after purchasing an additional 4 shares during the last quarter. Finally, GAMMA Investing LLC raised its holdings in shares of AutoZone by 5.1% in the 1st quarter. GAMMA Investing LLC now owns 103 shares of the company’s stock worth $325,000 after purchasing an additional 5 shares during the period. 92.74% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Evercore ISI reduced their price objective on AutoZone from $3,900.00 to $3,350.00 and set an “outperform” rating for the company in a report on Friday. Wedbush reissued an “outperform” rating and issued a $3,200.00 price objective on shares of AutoZone in a report on Thursday. Guggenheim boosted their price objective on AutoZone from $3,150.00 to $3,225.00 and gave the company a “buy” rating in a research note on Wednesday, June 26th. Oppenheimer reiterated a “market perform” rating and set a $2,600.00 target price on shares of AutoZone in a research report on Wednesday, June 26th. Finally, StockNews.com lowered shares of AutoZone from a “buy” rating to a “hold” rating in a research report on Saturday. Three investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $3,129.44.

AutoZone Stock Performance

Shares of AZO stock opened at $3,020.66 on Friday. The company has a market capitalization of $51.60 billion, a PE ratio of 20.89, a price-to-earnings-growth ratio of 1.45 and a beta of 0.71. AutoZone, Inc. has a 52-week low of $2,375.35 and a 52-week high of $3,256.37. The business’s fifty day moving average is $3,105.66 and its 200 day moving average is $3,010.75.

AutoZone 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.