Bradley Foster & Sargent Inc. CT Buys 144 Shares of AutoZone, Inc. (NYSE:AZO)

Bradley Foster & Sargent Inc. CT grew its holdings in AutoZone, Inc. (NYSE:AZO) by 2.7% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,518 shares of the company’s stock after purchasing an additional 144 shares during the period. Bradley Foster & Sargent Inc. CT’s holdings in AutoZone were worth $16,356,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of AZO. Mutual of America Capital Management LLC increased its position in AutoZone by 4.6% during the second quarter. Mutual of America Capital Management LLC now owns 3,025 shares of the company’s stock worth $8,966,000 after acquiring an additional 133 shares during the period. Axxcess Wealth Management LLC lifted its position in shares of AutoZone by 12.4% during the 2nd quarter. Axxcess Wealth Management LLC now owns 263 shares of the company’s stock valued at $780,000 after acquiring an additional 29 shares during the period. Moors & Cabot Inc. acquired a new position in AutoZone in the second quarter valued at about $282,000. Savoir Faire Capital Management L.P. increased its holdings in AutoZone by 77.5% in the 2nd quarter. Savoir Faire Capital Management L.P. now owns 4,000 shares of the company’s stock valued at $11,856,000 after buying an additional 1,747 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of AutoZone by 18.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 49,663 shares of the company’s stock worth $147,204,000 after acquiring an additional 7,908 shares during the period. 92.74% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms have commented on AZO. Guggenheim increased their target price on AutoZone from $3,150.00 to $3,225.00 and gave the company a “buy” rating in a research report on Wednesday, June 26th. Mizuho decreased their price objective on shares of AutoZone from $3,450.00 to $3,280.00 and set a “buy” rating for the company in a research report on Wednesday, May 22nd. StockNews.com raised shares of AutoZone from a “hold” rating to a “buy” rating in a research report on Friday, September 13th. Citigroup dropped their price objective on AutoZone from $3,420.00 to $3,250.00 and set a “buy” rating on the stock in a research note on Wednesday, May 22nd. Finally, UBS Group lowered their target price on AutoZone from $3,465.00 to $3,340.00 and set a “buy” rating for the company in a report on Wednesday, May 22nd. Two equities research analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, AutoZone currently has a consensus rating of “Moderate Buy” and an average target price of $3,112.71.

AutoZone Trading Down 0.7 %

AutoZone stock opened at $3,078.03 on Wednesday. AutoZone, Inc. has a 12 month low of $2,375.35 and a 12 month high of $3,256.37. The company has a market capitalization of $52.58 billion, a price-to-earnings ratio of 21.29, a price-to-earnings-growth ratio of 1.45 and a beta of 0.71. The business’s fifty day simple moving average is $3,096.37 and its two-hundred day simple moving average is $3,011.19.

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.