Mutual of America Capital Management LLC Purchases 133 Shares of AutoZone, Inc. (NYSE:AZO)

Mutual of America Capital Management LLC boosted its holdings in AutoZone, Inc. (NYSE:AZO) by 4.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,025 shares of the company’s stock after purchasing an additional 133 shares during the quarter. Mutual of America Capital Management LLC’s holdings in AutoZone were worth $8,966,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Boston Partners increased its position in shares of AutoZone by 1.7% during the first quarter. Boston Partners now owns 382,169 shares of the company’s stock worth $1,202,596,000 after acquiring an additional 6,226 shares in the last quarter. PineStone Asset Management Inc. increased its holdings in AutoZone by 137.6% during the 2nd quarter. PineStone Asset Management Inc. now owns 310,043 shares of the company’s stock worth $918,998,000 after purchasing an additional 179,543 shares in the last quarter. Parnassus Investments LLC raised its stake in shares of AutoZone by 32.0% in the fourth quarter. Parnassus Investments LLC now owns 243,571 shares of the company’s stock worth $629,780,000 after purchasing an additional 58,989 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its holdings in shares of AutoZone by 11.8% in the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 212,831 shares of the company’s stock valued at $550,296,000 after purchasing an additional 22,507 shares in the last quarter. Finally, Nordea Investment Management AB lifted its holdings in shares of AutoZone by 4.1% in the first quarter. Nordea Investment Management AB now owns 203,072 shares of the company’s stock valued at $643,641,000 after purchasing an additional 7,988 shares in the last quarter. Institutional investors own 92.74% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on AZO. Barclays lowered their price target on AutoZone from $3,100.00 to $3,024.00 and set an “overweight” rating for the company in a research report on Thursday, May 23rd. UBS Group dropped their price target on shares of AutoZone from $3,465.00 to $3,340.00 and set a “buy” rating on the stock in a research report on Wednesday, May 22nd. Evercore ISI reduced their price objective on shares of AutoZone from $3,278.00 to $3,275.00 and set an “outperform” rating for the company in a research report on Tuesday, July 2nd. StockNews.com raised shares of AutoZone from a “hold” rating to a “buy” rating in a research report on Friday, September 13th. Finally, Mizuho reduced their target price on AutoZone from $3,450.00 to $3,280.00 and set a “buy” rating for the company in a report on Wednesday, May 22nd. Two investment analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $3,112.71.

AutoZone Stock Down 0.1 %

NYSE AZO opened at $3,074.71 on Thursday. The company has a market cap of $52.53 billion, a PE ratio of 21.27, 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 firm’s 50-day simple moving average is $3,100.68 and its two-hundred day simple moving average is $3,011.63.

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.