Burgundy Asset Management LTD Holds Position in Autozone INC (AZO)

May 26, 2018 - By sdfsdfsdf

AutoZone, Inc. (NYSE:AZO) LogoInvestors sentiment decreased to 0.85 in 2017 Q4. Its down 0.20, from 1.05 in 2017Q3. It dived, as 37 investors sold AZO shares while 200 reduced holdings. 86 funds opened positions while 116 raised stakes. 25.09 million shares or 5.64% less from 26.58 million shares in 2017Q3 were reported. Jacobs Levy Equity Management invested 0% in AutoZone, Inc. (NYSE:AZO). Private Gru invested in 2.03% or 55,373 shares. Paragon Cap Mngmt reported 0.08% of its portfolio in AutoZone, Inc. (NYSE:AZO). Reliant Ltd stated it has 515 shares. Johnson Gp holds 0% in AutoZone, Inc. (NYSE:AZO) or 6 shares. 300 were reported by John G Ullman & Associates. California Pub Employees Retirement Systems reported 74,778 shares. Moreover, Hightower Advisors Limited Liability has 0.04% invested in AutoZone, Inc. (NYSE:AZO) for 6,006 shares. Hennessy owns 2,700 shares. Conning holds 0.03% of its portfolio in AutoZone, Inc. (NYSE:AZO) for 1,154 shares. Kirr Marbach And Limited Liability Com In owns 2.48% invested in AutoZone, Inc. (NYSE:AZO) for 17,336 shares. Glg Limited Company owns 0.09% invested in AutoZone, Inc. (NYSE:AZO) for 1,797 shares. Broad Run Inv Mgmt Limited Com reported 5,986 shares. Meag Munich Ergo Kapitalanlagegesellschaft Mbh invested in 0.04% or 1,342 shares. Fifth Third Natl Bank, a Ohio-based fund reported 1,439 shares.

Since January 3, 2018, it had 1 buy, and 5 sales for $12.56 million activity. Another trade for 10,500 shares valued at $7.82M was sold by Graves William W. Shares for $2.05 million were sold by Smith Richard Craig on Thursday, January 4. Griffith James C. sold $1.21 million worth of stock or 1,547 shares. Shares for $98,413 were bought by BROOKS DOUGLAS H.

Burgundy Asset Management Ltd increased its stake in Autozone Inc. (AZO) by 1.43% based on its latest 2017Q4 regulatory filing with the SEC. Burgundy Asset Management Ltd bought 8,451 shares as the company’s stock declined 10.64% with the market. The institutional investor held 600,471 shares of the consumer services company at the end of 2017Q4, valued at $427.16M, up from 592,020 at the end of the previous reported quarter. Burgundy Asset Management Ltd who had been investing in Autozone Inc. for a number of months, seems to be bullish on the $17.05B market cap company. The stock decreased 0.52% or $3.29 during the last trading session, reaching $633.7. About 397,558 shares traded. AutoZone, Inc. (NYSE:AZO) has declined 11.15% since May 26, 2017 and is downtrending. It has underperformed by 22.70% the S&P500.

Burgundy Asset Management Ltd, which manages about $19.85B and $11.00B US Long portfolio, decreased its stake in Primerica Inc. (NYSE:PRI) by 122,745 shares to 1.56M shares, valued at $158.26 million in 2017Q4, according to the filing. It also reduced its holding in Toronto (NYSE:TD) by 311,319 shares in the quarter, leaving it with 3.19 million shares, and cut its stake in Computer Programs And Systems Inc. (NASDAQ:CPSI).

More notable recent AutoZone, Inc. (NYSE:AZO) news were published by: Globenewswire.com which released: “AutoZone Appoints New Board Members” on May 15, 2018, also Benzinga.com with their article: “China, US Back Away From Trade War, Helping Market Sentiment” published on May 22, 2018, Seekingalpha.com published: “The Dangers Of Portfolio Concentration” on May 26, 2018. More interesting news about AutoZone, Inc. (NYSE:AZO) were released by: Investorplace.com and their article: “5 Top Stock Trades for Wednesday Morning” published on May 22, 2018 as well as Benzinga.com‘s news article titled: “Why Goldman Sachs Is Adding AutoZone, McDonald’s To Its Conviction List” with publication date: May 07, 2018.

AutoZone, Inc. (NYSE:AZO) Ratings Coverage

Among 17 analysts covering AutoZone (NYSE:AZO), 9 have Buy rating, 0 Sell and 8 Hold. Therefore 53% are positive. AutoZone had 26 analyst reports since November 29, 2017 according to SRatingsIntel. Wedbush maintained AutoZone, Inc. (NYSE:AZO) on Wednesday, February 28 with “Hold” rating. On Wednesday, December 6 the stock rating was maintained by Jefferies with “Hold”. UBS maintained the shares of AZO in report on Wednesday, November 29 with “Buy” rating. The firm has “Buy” rating given on Thursday, March 1 by Citigroup. The rating was downgraded by Guggenheim on Wednesday, December 6 to “Hold”. The rating was maintained by JP Morgan with “Overweight” on Wednesday, May 23. As per Tuesday, April 17, the company rating was initiated by Guggenheim. The firm has “Equal-Weight” rating by Morgan Stanley given on Wednesday, February 28. Wedbush upgraded AutoZone, Inc. (NYSE:AZO) on Thursday, April 5 to “Outperform” rating. RBC Capital Markets maintained AutoZone, Inc. (NYSE:AZO) on Monday, February 12 with “Hold” rating.

AutoZone, Inc. (NYSE:AZO) Institutional Positions Chart

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