Fidelis Capital Partners LLC Boosts Stock Holdings in AutoZone, Inc. (NYSE:AZO)

Fidelis Capital Partners LLC lifted its holdings in AutoZone, Inc. (NYSE:AZO) by 2.6% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 159 shares of the company’s stock after purchasing an additional 4 shares during the period. Fidelis Capital Partners LLC’s holdings in AutoZone were worth $490,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of AZO. SG Americas Securities LLC lifted its holdings in AutoZone by 35.3% during the first quarter. SG Americas Securities LLC now owns 3,534 shares of the company’s stock worth $11,138,000 after buying an additional 922 shares during the period. Sei Investments Co. lifted its stake in shares of AutoZone by 60.7% during the 1st quarter. Sei Investments Co. now owns 22,315 shares of the company’s stock worth $70,326,000 after purchasing an additional 8,427 shares during the last quarter. Oppenheimer & Co. Inc. boosted its position in AutoZone by 12.9% during the first quarter. Oppenheimer & Co. Inc. now owns 3,509 shares of the company’s stock valued at $11,059,000 after purchasing an additional 401 shares in the last quarter. Parnassus Investments LLC boosted its position in AutoZone by 32.0% during the fourth quarter. Parnassus Investments LLC now owns 243,571 shares of the company’s stock valued at $629,780,000 after purchasing an additional 58,989 shares in the last quarter. Finally, Peak Financial Advisors LLC purchased a new position in AutoZone in the second quarter valued at about $2,816,000. 92.74% of the stock is currently owned by institutional investors.

AutoZone Trading Down 0.6 %

Shares of NYSE AZO opened at $3,020.66 on Monday. The stock has a market cap of $51.60 billion, a price-to-earnings ratio of 20.89, a PEG ratio of 1.45 and a beta of 0.71. AutoZone, Inc. has a 12 month low of $2,375.35 and a 12 month high of $3,256.37. The company has a 50 day simple moving average of $3,105.66 and a two-hundred day simple moving average of $3,010.09.

Analyst Ratings Changes

A number of research firms have recently weighed in on AZO. Evercore ISI lowered 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 report on Friday. Oppenheimer restated a “market perform” rating and issued a $2,600.00 target price on shares of AutoZone in a research note on Wednesday, June 26th. Guggenheim increased their price objective on AutoZone from $3,150.00 to $3,225.00 and gave the company a “buy” rating in a report on Wednesday, June 26th. Wedbush restated an “outperform” rating and set a $3,200.00 target price on shares of AutoZone in a research note on Thursday. Finally, StockNews.com cut AutoZone from a “buy” rating to a “hold” rating in a research note on Saturday. Three investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $3,129.44.

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.