Lawson Kroeker Investment Management Inc. NE Has $583,000 Holdings in AutoZone, Inc. $AZO

Lawson Kroeker Investment Management Inc. NE trimmed its holdings in shares of AutoZone, Inc. (NYSE:AZO) by 96.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 172 shares of the company’s stock after selling 5,324 shares during the quarter. Lawson Kroeker Investment Management Inc. NE’s holdings in AutoZone were worth $583,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Brighton Jones LLC boosted its stake in shares of AutoZone by 14.4% in the fourth quarter. Brighton Jones LLC now owns 111 shares of the company’s stock valued at $356,000 after buying an additional 14 shares during the period. Sivia Capital Partners LLC bought a new stake in shares of AutoZone during the 2nd quarter valued at $356,000. American Century Companies Inc. lifted its position in shares of AutoZone by 1.4% during the 2nd quarter. American Century Companies Inc. now owns 1,620 shares of the company’s stock valued at $6,014,000 after acquiring an additional 23 shares during the period. Quantbot Technologies LP acquired a new stake in shares of AutoZone during the 2nd quarter worth $1,214,000. Finally, Invesco Ltd. grew its holdings in shares of AutoZone by 36.4% during the 2nd quarter. Invesco Ltd. now owns 153,096 shares of the company’s stock worth $568,329,000 after purchasing an additional 40,862 shares in the last quarter. Institutional investors and hedge funds own 92.74% of the company’s stock.

Insider Activity at AutoZone

In related news, VP Richard Craig Smith sold 5,910 shares of the firm’s stock in a transaction on Friday, January 23rd. The stock was sold at an average price of $3,700.00, for a total transaction of $21,867,000.00. Following the sale, the vice president owned 2,627 shares of the company’s stock, valued at $9,719,900. This trade represents a 69.23% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 2.60% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on AZO shares. Wells Fargo & Company dropped their price target on AutoZone from $4,700.00 to $4,500.00 and set an “overweight” rating for the company in a research note on Wednesday, December 10th. The Goldman Sachs Group raised their target price on shares of AutoZone from $4,274.00 to $4,345.00 and gave the company a “buy” rating in a report on Wednesday, March 4th. Barclays boosted their target price on shares of AutoZone from $3,800.00 to $3,900.00 and gave the company an “overweight” rating in a research report on Wednesday, March 4th. DA Davidson set a $4,300.00 price target on shares of AutoZone in a report on Thursday, March 5th. Finally, Mizuho increased their price target on shares of AutoZone from $3,550.00 to $3,600.00 and gave the stock a “neutral” rating in a research report on Thursday, March 5th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $4,312.13.

AutoZone Trading Down 0.1%

Shares of AutoZone stock opened at $3,398.84 on Friday. The firm’s 50 day moving average is $3,618.87 and its 200 day moving average is $3,715.88. The firm has a market capitalization of $56.01 billion, a PE ratio of 23.81, a price-to-earnings-growth ratio of 1.74 and a beta of 0.41. AutoZone, Inc. has a 1 year low of $3,210.72 and a 1 year high of $4,388.11.

AutoZone (NYSE:AZO) last issued its quarterly earnings data on Tuesday, March 3rd. The company reported $27.63 EPS for the quarter, beating the consensus estimate of $27.59 by $0.04. AutoZone had a net margin of 12.47% and a negative return on equity of 72.31%. The business had revenue of $4.27 billion during the quarter, compared to the consensus estimate of $4.31 billion. During the same quarter in the prior year, the firm earned $28.29 EPS. The firm’s revenue was up 8.2% compared to the same quarter last year. As a group, research analysts anticipate that AutoZone, Inc. will post 152.94 earnings per share for the current year.

About AutoZone

AutoZone, Inc (NYSE: AZO) is a retailer and distributor of automotive replacement parts and accessories. Headquartered in Memphis, Tennessee, the company supplies a wide range of aftermarket components, maintenance items and accessories for passenger cars, light trucks and commercial vehicles. Its product assortment includes engine parts, electrical components, batteries, brakes, filters, fluids and interior and exterior accessories, supported by inventory management and logistics systems to serve retail customers and professional service providers.

AutoZone serves both do?it?yourself (DIY) consumers and commercial customers such as independent repair shops and service centers.