Benjamin F. Edwards & Company Inc. Purchases 130 Shares of AutoZone, Inc. (NYSE:AZO)

Benjamin F. Edwards & Company Inc. lifted its position in shares of AutoZone, Inc. (NYSE:AZO) by 22.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 717 shares of the company’s stock after acquiring an additional 130 shares during the period. Benjamin F. Edwards & Company Inc.’s holdings in AutoZone were worth $2,126,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in AZO. Rise Advisors LLC acquired a new stake in shares of AutoZone in the 1st quarter valued at $32,000. Riverview Trust Co acquired a new position in AutoZone during the first quarter worth about $41,000. Meeder Asset Management Inc. lifted its holdings in shares of AutoZone by 50.0% in the second quarter. Meeder Asset Management Inc. now owns 15 shares of the company’s stock worth $44,000 after acquiring an additional 5 shares during the last quarter. E Fund Management Hong Kong Co. Ltd. bought a new stake in shares of AutoZone during the 2nd quarter valued at approximately $50,000. Finally, ORG Partners LLC acquired a new position in AutoZone during the 2nd quarter worth approximately $50,000. Institutional investors and hedge funds own 92.74% of the company’s stock.

AutoZone Trading Down 0.6 %

Shares of AutoZone stock opened at $3,020.66 on Monday. The company has a market cap of $51.60 billion, a P/E ratio of 20.89, a PEG ratio of 1.45 and a beta of 0.71. The business has a 50-day moving average price of $3,105.66 and a two-hundred day moving average price of $3,010.09. AutoZone, Inc. has a 1-year low of $2,375.35 and a 1-year high of $3,256.37.

Analyst Ratings Changes

AZO has been the topic of a number of research analyst reports. Evercore ISI cut their target price on shares of AutoZone from $3,900.00 to $3,350.00 and set an “outperform” rating on the stock in a research report on Friday. Guggenheim boosted their price objective on AutoZone from $3,150.00 to $3,225.00 and gave the stock a “buy” rating in a research report on Wednesday, June 26th. Wedbush reiterated an “outperform” rating and issued a $3,200.00 target price on shares of AutoZone in a research report on Thursday. StockNews.com lowered AutoZone from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, Oppenheimer reaffirmed a “market perform” rating and issued a $2,600.00 price objective on shares of AutoZone in a research note on Wednesday, June 26th. Three analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $3,129.44.

About AutoZone

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.