Highland Capital Management LLC lowered its holdings in AutoZone, Inc. (NYSE:AZO – Free Report) by 14.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 970 shares of the company’s stock after selling 167 shares during the quarter. Highland Capital Management LLC’s holdings in AutoZone were worth $2,875,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in AZO. CWM LLC boosted its stake in AutoZone by 5.3% in the 4th quarter. CWM LLC now owns 317 shares of the company’s stock valued at $820,000 after buying an additional 16 shares in the last quarter. Duality Advisers LP bought a new position in shares of AutoZone during the fourth quarter valued at $504,000. GAMMA Investing LLC acquired a new stake in shares of AutoZone in the 4th quarter valued at $271,000. Tokio Marine Asset Management Co. Ltd. grew its holdings in shares of AutoZone by 5.5% in the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 419 shares of the company’s stock worth $1,083,000 after purchasing an additional 22 shares during the last quarter. Finally, Headlands Technologies LLC acquired a new stake in shares of AutoZone during the 4th quarter worth about $145,000. Institutional investors own 92.74% of the company’s stock.
AutoZone Stock Performance
Shares of AutoZone stock opened at $3,125.67 on Monday. The firm has a market cap of $53.40 billion, a PE ratio of 21.62, a P/E/G ratio of 1.58 and a beta of 0.71. The business’s 50 day simple moving average is $3,018.56 and its 200 day simple moving average is $2,969.39. AutoZone, Inc. has a 52-week low of $2,375.35 and a 52-week high of $3,256.37.
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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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