Resolute Capital Asset Partners LLC acquired a new stake in AutoZone, Inc. (NYSE:AZO – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 1,350 shares of the company’s stock, valued at approximately $4,002,000. AutoZone accounts for about 2.3% of Resolute Capital Asset Partners LLC’s holdings, making the stock its 13th biggest position.
Several other hedge funds and other institutional investors have also recently bought and sold shares of AZO. PineStone Asset Management Inc. boosted its position in AutoZone by 137.6% in 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. Strategic Financial Concepts LLC acquired a new position in shares of AutoZone during the 2nd quarter worth about $424,000. Captrust Financial Advisors lifted its stake in AutoZone by 564.2% in the 1st quarter. Captrust Financial Advisors now owns 152,091 shares of the company’s stock valued at $479,338,000 after buying an additional 129,193 shares in the last quarter. Baillie Gifford & Co. increased its stake in AutoZone by 2,714.8% during the 2nd quarter. Baillie Gifford & Co. now owns 120,194 shares of the company’s stock worth $356,267,000 after buying an additional 115,924 shares in the last quarter. Finally, Bessemer Group Inc. raised its holdings in shares of AutoZone by 106.7% during the first quarter. Bessemer Group Inc. now owns 117,891 shares of the company’s stock valued at $371,552,000 after acquiring an additional 60,852 shares during the last quarter. 92.74% of the stock is owned by institutional investors and hedge funds.
AutoZone Price Performance
Shares of AZO opened at $3,074.71 on Thursday. The firm has a 50-day simple moving average of $3,100.68 and a two-hundred day simple moving average of $3,011.63. The stock has a market cap of $52.53 billion, a PE ratio of 21.27, a P/E/G ratio of 1.45 and a beta of 0.71. AutoZone, Inc. has a 1-year low of $2,375.35 and a 1-year high of $3,256.37.
Wall Street Analyst Weigh In
View Our Latest Stock Report on AZO
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.
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