Shareholder Burgundy Asset Management LTD Lifted Autozone INC (AZO) Stake

Marco Green
April 23, 2018

On Wednesday, November 1 Credit Suisse maintained AutoZone, Inc. The stock decreased 1.32% or $7.98 during the last trading session, reaching $595.84. The company had a trading volume of 557,018 shares, compared to its average volume of 315,793. AutoZone, Inc. (NYSE:AZO) has declined 11.15% since April 21, 2017 and is downtrending. AZO underperformed the S&P 500 by 22.70%. Kiltearn Ptnrs Llp has invested 2.53% in AutoZone, Inc. It's up 0.17, from 0.94 in 2017Q3. The institutional investors in our database now hold: 63.61 million shares, down from 64.72 million shares in 2017Q3. Gabelli Funds Limited Liability Com has invested 0% in AutoZone, Inc.

During 2017 Q4 the big money sentiment decreased to 0.85. It dived, as 37 investors sold AZO shares while 200 reduced holdings. 86 funds took positions and 116 increased positions. Comerica Comml Bank holds 7,055 shares. Ahl Prns Ltd Liability Partnership has 0.05% invested in AutoZone, Inc. (NYSE:AZO). Yorktown & Research holds 420 shares. It also upped Balchem (NASDAQ:BCPC) stake by 4,720 shares and now owns 22,280 shares. Cubist Systematic Strategies Lc reported 1,202 shares stake. Tci Wealth Advsrs stated it has 41 shs or 0.01% of all its holdings. Marshfield Associate stated it has 128,060 shares. The company had revenue of $2.41 billion during the quarter, compared to the consensus estimate of $2.39 billion. (NYSE:AZO). Wesbanco National Bank & Trust Inc reported 345 shares. (NYSE:AZO). Gotham Asset Management Ltd Limited Liability Company accumulated 39,197 shs. (NYSE:AZO). Pnc Finance has invested 0.01% in AutoZone, Inc. Moreover, Mitsubishi Ufj has 0.07% invested in AutoZone, Inc. UBS maintained AutoZone, Inc. (NYSE:AZO) earned "Hold" rating by Guggenheim on Tuesday, April 17. The positive are 43%. Autozone Inc. had 79 analyst reports since August 24, 2015 according to SRatingsIntel. (NYSE:AZO) with "Hold" rating. Mizuho maintained it with "Hold" rating and $39.0 target in Monday, October 23 report. The company now has a consensus rating of "Hold" and an average target price of $758.72. The rating was maintained by Deutsche Bank on Wednesday, December 9 with "Hold". (NYSE:AZO) earned "Hold" rating by Guggenheim. Finally, Morgan Stanley dropped their price target on AutoZone from $800.00 to $750.00 and set an "equal weight" rating for the company in a research note on Wednesday, February 28th. As per Friday, August 26, the company rating was initiated by Susquehanna. Scotia Capital maintained the stock with "Sector Perform" rating in Friday, November 11 report. (NYSE:AZO) with "Hold" rating. Novare Capital Management LLC increased its stake in shares of AutoZone by 3.5% in the third quarter. (NYSE:AZO) for 60,226 shs. Chipotle Mexican Grill Inc (Call) was raised too. Equities analysts anticipate that AutoZone will post $45.24 earnings per share for the current year. (NYSE:AZO) for 4,932 shs. AZO's profit would be $351.33M giving it 11.41 P/E if the $13.06 EPS is correct.

AutoZone, Inc. (NYSE:AZO)'s quarterly earnings will be reported On May, 22., according to Zacks.

Since January 3, 2018, it had 1 insider buy, and 5 insider sales for $12.56 million activity. On Friday, January 12 a trade for 740 shs valued at $577,472 was made by Daniele Philip B. During the same quarter in the prior year, the firm posted $7.75 EPS. equities research analysts forecast that AutoZone will post 48.78 earnings per share for the current fiscal year. (NYSE:AZO) or 1,250 shares. 2,700 shs were sold by Smith Richard Craig, worth $2.05M on Thursday, January 4. Cleveland Research downgraded shares of AutoZone from a buy rating to a neutral rating in a research report on Monday, April 3rd. Insiders have sold 27,300 shares of company stock worth $19,917,242 over the last 90 days.

Ratings analysis reveals 33% of Pier 1 Imports's analysts are positive.

Among 4 analysts covering Dream Office Real Estate Investment Trust (TSE:D.UN), 2 have Buy rating, 0 Sell and 2 Hold. AutoZone has a 1-year low of $491.13 and a 1-year high of $797.89. Shares repurchase plans are usually a sign that the company's board of directors believes its shares are undervalued. PIR was included in 6 notes of analysts from September 8, 2016. UBS has "Buy" rating and $875.0 target. The stock of Pier 1 Imports, Inc. (NYSE:AZO) with "Hold" rating. The firm has "Mkt Perform" rating given on Thursday, September 8 by Raymond James.

Pier 1 Imports, Inc. engages in the retail sale of decorative accessories, furniture, candles, housewares, gifts, and seasonal products. The company has market cap of $1.65 billion. It offers decorative accents and textiles, such as rugs, wall decorations and mirrors, pillows, bedding, lamps, vases, dried and artificial flowers, baskets, ceramics, dinnerware, candles, fragrances, gifts, and seasonal items; and furniture and furniture cushions that are used in living, dining, office, kitchen and bedroom areas, sunrooms, and patios. It has a 12.86 P/E ratio. As of February 25, 2017, the Company operated 941 stores in the United States and 77 stores in Canada It also operates e-Commerce Website, pier1.com. Following the completion of the transaction, the director now directly owns 1,904 shares of the company's stock, valued at approximately $1,156,660.96. Macquarie Group owns 600 shares for 0.01% of their portfolio. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Gamco Investors Et Al has 500 shs for 0% of their capital. Paragon Capital Management Ltd acquired a new position in shares of AutoZone in the fourth quarter valued at about $213,000.

Other reports by Click Lancashire

Discuss This Article

FOLLOW OUR NEWSPAPER