Parametrica Management Ltd Takes Position in AutoZone, Inc. (NYSE:AZO)

Parametrica Management Ltd bought a new position in shares of AutoZone, Inc. (NYSE:AZO) during the second quarter, according to its most recent filing with the SEC. The firm bought 542 shares of the company’s stock, valued at approximately $309,000.

Other hedge funds have also bought and sold shares of the company. American Beacon Advisors Inc. purchased a new stake in shares of AutoZone during the first quarter worth $104,000. Alpha Windward LLC boosted its stake in shares of AutoZone by 3.2% in the second quarter. Alpha Windward LLC now owns 259 shares of the company’s stock worth $148,000 after buying an additional 8 shares during the last quarter. Colony Group LLC purchased a new stake in shares of AutoZone during the first quarter worth $205,000. Global X Management Co. LLC boosted its stake in shares of AutoZone by 26.5% in the first quarter. Global X Management Co. LLC now owns 286 shares of the company’s stock worth $207,000 after buying an additional 60 shares during the last quarter. Finally, Fox Run Management L.L.C. purchased a new stake in shares of AutoZone during the first quarter worth $213,000. Hedge funds and other institutional investors own 96.08% of the company’s stock.

Shares of AutoZone, Inc. (NYSE AZO) opened at 524.59 on Thursday. AutoZone, Inc. has a one year low of $491.13 and a one year high of $813.70. The company has a market cap of $14.70 billion, a price-to-earnings ratio of 12.12 and a beta of 0.61. The firm has a 50-day moving average of $523.60 and a 200 day moving average of $645.05.

AutoZone (NYSE:AZO) last posted its quarterly earnings data on Tuesday, May 23rd. The company reported $11.44 earnings per share for the quarter, missing the consensus estimate of $12.00 by $0.56. The firm had revenue of $2.62 billion for the quarter, compared to the consensus estimate of $2.70 billion. AutoZone had a negative return on equity of 70.52% and a net margin of 11.82%. The firm’s quarterly revenue was up 1.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $10.77 EPS. Equities research analysts anticipate that AutoZone, Inc. will post $43.94 EPS for the current year.

TRADEMARK VIOLATION NOTICE: This piece was first published by BBNS and is the sole property of of BBNS. If you are reading this piece on another domain, it was illegally copied and reposted in violation of US and international copyright and trademark laws. The legal version of this piece can be accessed at https://baseballnewssource.com/markets/parametrica-management-ltd-invests-309000-in-autozone-inc-nyseazo-updated-updated/1313061.html.

A number of analysts have recently weighed in on AZO shares. Royal Bank Of Canada reduced their price objective on shares of AutoZone from $829.00 to $753.00 and set a “sector perform” rating for the company in a research note on Monday, May 22nd. Citigroup Inc. cut shares of AutoZone from a “strong-buy” rating to a “market perform” rating in a research note on Tuesday, May 23rd. Raymond James Financial, Inc. cut shares of AutoZone from a “strong-buy” rating to a “market perform” rating in a research note on Tuesday, May 23rd. Oppenheimer Holdings, Inc. set a $900.00 price objective on shares of AutoZone and gave the stock a “buy” rating in a research note on Tuesday, May 23rd. Finally, Stephens cut shares of AutoZone from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, May 24th. Two analysts have rated the stock with a sell rating, fourteen have given a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. AutoZone currently has a consensus rating of “Hold” and an average price target of $775.91.

In other news, Director William Andrew Mckenna acquired 300 shares of the stock in a transaction on Thursday, July 13th. The shares were purchased at an average price of $507.00 per share, for a total transaction of $152,100.00. Following the transaction, the director now directly owns 5,131 shares of the company’s stock, valued at $2,601,417. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP William T. Giles sold 10,000 shares of the firm’s stock in a transaction on Tuesday, June 27th. The stock was sold at an average price of $581.10, for a total value of $5,811,000.00. Following the completion of the transaction, the vice president now owns 18,500 shares in the company, valued at approximately $10,750,350. The disclosure for this sale can be found here. 2.60% of the stock is owned by company insiders.

AutoZone Company Profile

Autozone, Inc is a retailer and distributor of automotive replacement parts and accessories in the United States. The Company operates through the Auto Parts Locations segment. The Auto Parts Locations segment is a retailer and distributor of automotive parts and accessories. As of August 27, 2016, the Company operated through 5,814 locations in the United States, Puerto Rico, Mexico and Brazil.

Institutional Ownership by Quarter for AutoZone (NYSE:AZO)

Receive News & Ratings for AutoZone Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AutoZone Inc. and related companies with our FREE daily email newsletter.

 


Latest News

Los Angeles Dodgers Move 50 Games Over .500
Los Angeles Dodgers Move 50 Games Over .500
Miami’s Giancarlo Stanton Sets Marlins Home Run Record
Miami’s Giancarlo Stanton Sets Marlins Home Run Record
Bryce Harper Latest Star to Suffer Injury
Bryce Harper Latest Star to Suffer Injury
Chicago Cubs Must Survive Without Willson Contreras
Chicago Cubs Must Survive Without Willson Contreras
Cleveland Indians Acquire Jay Bruce From New York Mets
Cleveland Indians Acquire Jay Bruce From New York Mets
Injury to CC Sabathia Adds to Yankees’ Concerns
Injury to CC Sabathia Adds to Yankees’ Concerns


Leave a Reply

 
© 2006-2017 BBNS.