Meiji Yasuda Asset Management Co Ltd. increased its position in shares of AutoZone, Inc. (NYSE:AZO – Free Report) by 4.9% in the 2nd quarter, Holdings Channel.com reports. The firm owned 386 shares of the company’s stock after acquiring an additional 18 shares during the quarter. Meiji Yasuda Asset Management Co Ltd.’s holdings in AutoZone were worth $1,144,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Rise Advisors LLC acquired a new stake in shares of AutoZone during the first quarter valued at about $32,000. Riverview Trust Co acquired a new stake in shares of AutoZone during the first quarter valued at about $41,000. Meeder Asset Management Inc. increased its position in shares of AutoZone by 50.0% during the second quarter. Meeder Asset Management Inc. now owns 15 shares of the company’s stock valued at $44,000 after acquiring an additional 5 shares during the last quarter. E Fund Management Hong Kong Co. Ltd. acquired a new stake in shares of AutoZone during the second quarter valued at about $50,000. Finally, ORG Partners LLC acquired a new stake in shares of AutoZone during the second quarter valued at about $50,000. 92.74% of the stock is currently owned by institutional investors and hedge funds.
AutoZone Stock Performance
AZO opened at $3,040.09 on Friday. The firm has a 50 day moving average price of $3,103.78 and a 200 day moving average price of $3,011.83. The company has a market cap of $51.93 billion, a PE ratio of 21.03, a price-to-earnings-growth 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.
Analyst Upgrades and Downgrades
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AutoZone Company 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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