Vulcan Value Partners LLC purchased a new stake in shares of AutoZone during the fourth quarter worth approximately $291,129,000.
Ivory Investment Management Lp increased Us Foods Hldg Corp stake by 308,080 shares to 1.13 million valued at $36.10 million in 2017Q4. Morgan Stanley dropped their price objective on AutoZone from $800.00 to $750.00 and set an "equal weight" rating on the stock in a research note on Wednesday, February 28th.
AutoZone declared that its board has approved a stock buyback program on Tuesday, March 20th that authorizes the company to repurchase $1.00 billion in outstanding shares. The shares were purchased at an average cost of $607.49 per share, for a total transaction of $98,413.38. AutoZone, Inc. (NYSE:AZO) has declined 11.15% since April 20, 2017 and is downtrending. AZO underperformed the S&P500 by 22.70%.
AutoZone, Inc. retails and distributes automotive replacement parts and accessories.The firm is valued at $16.03 billion. It's up 0.17, from 0.94 in 2017Q3.
Several institutional investors have recently added to or reduced their stakes in the company. Investors holded 26.58 million in 2017Q3 but now own 25.09 million shares or 5.64% less. Truepoint has 0.02% invested in AutoZone, Inc.
Big Money Sentiment decreased to 0.85 in 2017 Q4. 116 rose positions while 86 funds acquired positions. Comerica Comml Bank holds 7,055 shares. State Street Corporation owns 1.25M shs or 0.07% of their USA capital. (NYSE:AZO). Chevy Chase Trust Hldgs Inc invested in 25,600 shares. Raymond James Financial reiterated a "hold" rating on shares of AutoZone in a research note on Saturday, December 2nd. Coconut Grove Bank now owns 437 shares of the company's stock valued at $336,000 after buying an additional 22 shares in the last quarter. Bradley Foster & Sargent Ct stated it has 726 shs or 0.02% of all its holdings. Marshfield Associate stated it has 128,060 shares.
Shares of AutoZone (NYSE:AZO) traded up 0.62% during trading on Tuesday, reaching $585.00. Lpl Limited Liability Company accumulated 2,472 shares. Stone Ridge Asset Mngmt Lc, a New York-based fund reported 1,715 shares. Prelude Cap Mgmt Ltd Llc holds 832 shares or 0.05% of its portfolio.
Wall Street brokerages expect AutoZone, Inc. Independent Order Of Foresters has invested 0.37% of its portfolio in AutoZone, Inc. On Wednesday, December 6 the rating was maintained by UBS with "Buy". 24 are the (NYSE:AZO)'s ratings reports on 22 April 2018 according to StockzIntelligence Inc. The positive are 43%. AutoZone had 24 analyst reports since October 26, 2017 according to SRatingsIntel. On Wednesday, December 6 the rating was downgraded by Guggenheim to "Hold". (NYSE:AZO) with "Hold" rating. The stock has a consensus rating of "Hold" and a consensus target price of $758.72. (NYSE:AZO) has "Hold" rating given on Wednesday, February 28 by Stephens. RBC Capital Markets maintained AutoZone, Inc. (NYSE:AZO) earned "Hold" rating by Guggenheim. On Wednesday, February 28 the stock rating was maintained by Stephens with "Hold". On Friday, November 10 RBC Capital Markets maintained AutoZone, Inc. (NYSE:AZO) rating on Friday, February 23. (NYSE:AZO) for 4,217 shares. Icon Plc (NASDAQ:ICLR) was raised too. "(AZO) This Quarter" was first reported by Week Herald and is the property of of Week Herald. AZO's profit will be $351.32M for 11.39 P/E if the $13.06 EPS becomes a reality. At the end of 2017Q4, the hedge fund run by Anand Parekh held 406,313 shares of the consumer services company, valued at $289.04 million, up from 238,293 at the end of the previous reported quarter.
Since January 3, 2018, it had 1 insider buy, and 5 selling transactions for $12.56 million activity. Insiders have sold 16,737 shares of company stock worth $12,654,340 over the last 90 days. During the same period in the previous year, the company earned $7.75 earnings per share. equities research analysts anticipate that AutoZone will post 48.81 EPS for the current fiscal year. (NYSE:AZO). Atlantic Trust Limited Liability Co reported 37,985 shares. Shares for $7.82M were sold by Graves William W on Wednesday, January 3. (NYSE:AZO) was bought by BROOKS DOUGLAS H.
Ratings analysis reveals 33% of Pier 1 Imports's analysts are positive. "Buy" rating has 6, "Sell" are 0, while 8 are "Hold". AutoZone has a fifty-two week low of $491.13 and a fifty-two week high of $797.89. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. PIR was included in 6 notes of analysts from September 8, 2016. RBC Capital Markets has "Sector Perform" rating and $855 target. The stock has "Buy" rating by Brean Capital on Thursday, April 14. The stock of Pier 1 Imports, Inc. The firm has "Buy" rating by Craig Hallum given on Tuesday, January 9. The company has market cap of 155.30 million GBP. It has a 33.72 P/E ratio. Macquarie Group owns 600 shares for 0.01% of their portfolio. Gamco Investors Et Al has 500 shs for 0% of their capital.
Research analysts at Wedbush increased their Q3 2018 earnings per share estimates for shares of AutoZone in a research note issued on Thursday, April 5th, according to Zacks Investment Research.
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