Economy

AutoZone Stock Fell after Its Fiscal 4Q17 Earnings Release

AutoZone Stock Fell after Its Fiscal 4Q17 Earnings Release”

Therefore 57% are positive. Autozone Inc. has $900 highest and $571.0 lowest target. The shares were sold at an average price of $581.10, for a total value of $5,811,000.00. Raymond James Financial, Inc. downgraded shares of AutoZone from a "strong-buy" rating to a "market perform" rating in a report on Tuesday, May 23rd. UBS Asset Management Americas Inc. raised its position in AutoZone by 5.4% during the 1st quarter. (NYSE:AZO) earned "Hold" rating by Jefferies on Tuesday, September 15. The firm has "Neutral" rating by Wedbush given on Tuesday, May 30. (NYSE:AZO) has "Hold" rating given on Friday, September 8 by Jefferies. Salem Investment Counselors Inc. now owns 264 shares of the company's stock worth $151,000 after buying an additional 9 shares during the last quarter. Credit Suisse maintained the shares of AZO in report on Tuesday, February 9 with "Outperform" rating. The firm has "Hold" rating given on Friday, September 8 by RBC Capital Markets.

05/24/2017 - AutoZone, Inc. had its "buy" rating reiterated by analysts at Citigroup.

A number of institutional investors have recently made changes to their positions in AZO. The company was upgraded on Monday, August 24 by Bank of America. ValuEngine downgraded shares of AutoZone from a "buy" rating to a "hold" rating in a report on Friday, June 2nd. The stock of Renishaw plc (LON:RSW) earned "Sell" rating by N+1 Singer on Thursday, October 15. Barclays Capital maintained Renishaw plc (LON:RSW) rating on Monday, July 18. The stock of Tutor Perini Corp (NYSE:TPC) has "Sector Weight" rating given on Friday, January 27 by KeyBanc Capital Markets. (NYSE:AZO) has "Equal-Weight" rating given on Thursday, July 6 by Morgan Stanley. The rating was maintained by UBS on Wednesday, November 18 with "Neutral". The stock rose 1.67% or $8.93 reaching $544.8. 673,167 shares of the company traded hands. Renishaw plc (LON:RSW) has 0.00% since September 20, 2016 and is. On Tuesday, March 21 Halsell Rodney C. sold $10.36 million worth of AutoZone, Inc. Alpha Windward LLC boosted its holdings in shares of AutoZone by 3.2% in the second quarter.

Investors sentiment increased to 0.88 in Q4 2016. Its up 0.06, from 0.82 in 2016Q3. It increased, as 37 investors sold AZO shares while 209 reduced holdings. Pacer Advisors Inc. now owns 507 shares of the company's stock valued at $367,000 after buying an additional 11 shares during the last quarter. If you are viewing this piece on another domain, it was illegally copied and reposted in violation of global trademark and copyright laws. (NYSE:AZO) for 60 shares. Fdx Advsr reported 426 shares. State of Wisconsin Investment Board raised its position in AutoZone by 21.9% during the 1st quarter. Salem Investment Counselors Inc. grew its position in AutoZone by 3.5% during the second quarter. (NYSE:AZO) for 208,904 shares. Point View Wealth Management Inc. now owns 596 shares of the company's stock valued at $431,000 after buying an additional 55 shares during the last quarter. First Manhattan Communication owns 65,446 shares or 0.31% of their USA portfolio. 167,950 are owned by Bessemer Group. Comerica Bank invested in 10,295 shares. Moreover, Tudor Invest Et Al has 0.03% invested in AutoZone, Inc. National Bank Of Nova Scotia Co owns 1,570 shares.

Natixis decreased its stake in Autozone Inc (AZO) by 13.75% based on its latest 2016Q4 regulatory filing with the SEC. (NYSE:AZO) for 228,763 shares. Btg Pactual Glob Asset Mgmt Limited stated it has 1,370 shares.

39,874 are held by Federated Invsts Pa. Millennium Mgmt Lc invested in 19,743 shares. More interesting news about AutoZone, Inc. About shares traded. Tutor Perini Corp (TPC) has risen 25.83% since September 21, 2016 and is uptrending.

The share price of the company (NYSE:AZO) was up +1.57% during the last trading session, with a high of 550.85 and the volume of AutoZone, Inc. shares traded was 673167. It has underperformed by 27.65% the S&P500.

In company news, AutoZone (AZO) declined Tuesday despite the auto-part retailer today reporting adjusted fiscal Q4 net income and revenue exceeding Wall Street projections.

Excluding one-time items, the company earned $15.18 per share during the three months ended August 26, improving on a $14.30 per share profit during the same quarter a year ago and beating the Capital IQ consensus by $0.06 per share. The Firm operates through the Auto Parts Locations segment.



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