AutoZone, Inc. (NYSE:AZO) Shares Bought by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC lifted its stake in shares of AutoZone, Inc. (NYSE:AZO) by 6.8% during the second quarter, Holdings Channel.com reports. The fund owned 2,101 shares of the company’s stock after purchasing an additional 133 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in AutoZone were worth $6,228,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Kingsview Wealth Management LLC raised its stake in shares of AutoZone by 21.2% in the 4th quarter. Kingsview Wealth Management LLC now owns 143 shares of the company’s stock worth $369,000 after buying an additional 25 shares in the last quarter. Coldstream Capital Management Inc. boosted its position in shares of AutoZone by 14.4% during the 4th quarter. Coldstream Capital Management Inc. now owns 437 shares of the company’s stock valued at $1,130,000 after purchasing an additional 55 shares in the last quarter. Clearbridge Investments LLC grew its stake in shares of AutoZone by 3.0% in the 4th quarter. Clearbridge Investments LLC now owns 6,179 shares of the company’s stock worth $15,976,000 after purchasing an additional 179 shares during the last quarter. D.A. Davidson & CO. raised its holdings in shares of AutoZone by 27.3% in the 4th quarter. D.A. Davidson & CO. now owns 807 shares of the company’s stock worth $2,087,000 after purchasing an additional 173 shares in the last quarter. Finally, Corient Private Wealth LLC lifted its stake in AutoZone by 9.0% during the fourth quarter. Corient Private Wealth LLC now owns 21,360 shares of the company’s stock valued at $55,248,000 after purchasing an additional 1,764 shares during the last quarter. Institutional investors and hedge funds own 92.74% of the company’s stock.

AutoZone Trading Down 0.1 %

NYSE AZO opened at $3,074.71 on Thursday. AutoZone, Inc. has a 1-year low of $2,375.35 and a 1-year high of $3,256.37. The firm’s fifty day simple moving average is $3,100.68 and its 200-day simple moving average is $3,011.63. The company has a market capitalization 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.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. Citigroup decreased their price target on shares of AutoZone from $3,420.00 to $3,250.00 and set a “buy” rating on the stock in a research report on Wednesday, May 22nd. Mizuho cut their target price on AutoZone from $3,450.00 to $3,280.00 and set a “buy” rating on the stock in a research report on Wednesday, May 22nd. Truist Financial decreased their price target on AutoZone from $3,523.00 to $3,394.00 and set a “buy” rating for the company in a research report on Wednesday, May 22nd. Barclays cut their price objective on AutoZone from $3,100.00 to $3,024.00 and set an “overweight” rating on the stock in a report on Thursday, May 23rd. Finally, Morgan Stanley decreased their target price on shares of AutoZone from $3,100.00 to $3,038.00 and set an “overweight” rating for the company in a report on Wednesday, May 22nd. Two analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $3,112.71.

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.