Crestwood Advisors Group LLC Has $484,000 Holdings in AutoZone, Inc. (NYSE:AZO)

Crestwood Advisors Group LLC increased its position in shares of AutoZone, Inc. (NYSE:AZO) by 26.9% during the fourth quarter, Holdings Channel reports. The fund owned 151 shares of the company’s stock after acquiring an additional 32 shares during the quarter. Crestwood Advisors Group LLC’s holdings in AutoZone were worth $484,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Capital Performance Advisors LLP acquired a new stake in shares of AutoZone during the third quarter valued at approximately $36,000. Darwin Wealth Management LLC acquired a new stake in shares of AutoZone during the third quarter valued at approximately $47,000. Crews Bank & Trust acquired a new position in AutoZone in the 4th quarter valued at approximately $61,000. McIlrath & Eck LLC increased its stake in AutoZone by 25.0% in the 3rd quarter. McIlrath & Eck LLC now owns 20 shares of the company’s stock valued at $63,000 after buying an additional 4 shares during the period. Finally, Ashton Thomas Securities LLC acquired a new position in AutoZone in the 3rd quarter valued at approximately $66,000. Institutional investors and hedge funds own 92.74% of the company’s stock.

AutoZone Trading Up 0.6 %

NYSE AZO opened at $3,421.48 on Wednesday. The company has a fifty day simple moving average of $3,324.46 and a 200 day simple moving average of $3,211.56. The company has a market cap of $57.41 billion, a P/E ratio of 22.86, a P/E/G ratio of 1.86 and a beta of 0.70. AutoZone, Inc. has a 1 year low of $2,708.09 and a 1 year high of $3,484.42.

AutoZone (NYSE:AZO) last posted its quarterly earnings data on Tuesday, December 10th. The company reported $32.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $33.69 by ($1.17). The firm had revenue of $4.28 billion for the quarter, compared to the consensus estimate of $4.30 billion. AutoZone had a negative return on equity of 53.89% and a net margin of 14.18%. AutoZone’s quarterly revenue was up 2.1% on a year-over-year basis. During the same period in the prior year, the company posted $32.55 earnings per share. Equities research analysts forecast that AutoZone, Inc. will post 152.94 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Guggenheim upped their price objective on shares of AutoZone from $3,350.00 to $3,750.00 and gave the company a “buy” rating in a research note on Wednesday, December 11th. Barclays upped their price objective on shares of AutoZone from $3,024.00 to $3,585.00 and gave the company an “overweight” rating in a research note on Thursday, January 9th. Mizuho upped their price objective on shares of AutoZone from $3,350.00 to $3,600.00 and gave the company an “outperform” rating in a research note on Wednesday, December 11th. Citigroup upped their price objective on shares of AutoZone from $3,500.00 to $3,900.00 and gave the company a “buy” rating in a research note on Wednesday, December 11th. Finally, Argus upped their price objective on shares of AutoZone from $3,560.00 to $3,678.00 and gave the company a “buy” rating in a research note on Thursday, January 2nd. One analyst has rated the stock with a sell rating, three have issued a hold rating, sixteen have given a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat, AutoZone presently has a consensus rating of “Moderate Buy” and a consensus target price of $3,429.84.

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.