TFR Capital LLC. Purchases Shares of 75 AutoZone, Inc. (NYSE:AZO)

TFR Capital LLC. purchased a new stake in AutoZone, Inc. (NYSE:AZO - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 75 shares of the company's stock, valued at approximately $240,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Headlands Technologies LLC acquired a new stake in shares of AutoZone in the 4th quarter valued at approximately $29,000. Flagship Wealth Advisors LLC bought a new stake in shares of AutoZone in the 4th quarter valued at $32,000. Harbour Investments Inc. grew its position in AutoZone by 42.9% in the 4th quarter. Harbour Investments Inc. now owns 10 shares of the company's stock valued at $32,000 after purchasing an additional 3 shares during the period. Minot DeBlois Advisors LLC acquired a new stake in AutoZone in the 4th quarter valued at $45,000. Finally, Itau Unibanco Holding S.A. boosted its holdings in AutoZone by 750.0% during the 4th quarter. Itau Unibanco Holding S.A. now owns 17 shares of the company's stock worth $54,000 after acquiring an additional 15 shares during the last quarter. 92.74% of the stock is currently owned by institutional investors and hedge funds.

AutoZone Stock Up 1.3%

Shares of NYSE AZO traded up $46.58 during trading on Friday, reaching $3,736.21. The company had a trading volume of 190,971 shares, compared to its average volume of 129,947. AutoZone, Inc. has a 12-month low of $2,728.97 and a 12-month high of $3,916.81. The stock has a market cap of $62.70 billion, a PE ratio of 24.96, a P/E/G ratio of 1.86 and a beta of 0.44. The business's 50-day moving average is $3,698.83 and its 200 day moving average is $3,466.57.

AutoZone (NYSE:AZO - Get Free Report) last released its earnings results on Tuesday, May 27th. The company reported $35.36 EPS for the quarter, missing analysts' consensus estimates of $37.07 by ($1.71). AutoZone had a negative return on equity of 53.89% and a net margin of 14.18%. The company had revenue of $4.46 billion during the quarter, compared to analysts' expectations of $4.41 billion. During the same period in the prior year, the company posted $36.69 earnings per share. The company's revenue was up 5.4% on a year-over-year basis. On average, analysts anticipate that AutoZone, Inc. will post 152.94 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts have issued reports on AZO shares. Wedbush reaffirmed an "outperform" rating and set a $3,700.00 price objective on shares of AutoZone in a report on Wednesday, March 5th. The Goldman Sachs Group set a $3,811.00 price objective on shares of AutoZone in a report on Friday, May 23rd. Argus cut AutoZone from a "buy" rating to a "hold" rating in a research note on Wednesday, March 5th. Oppenheimer upgraded AutoZone from a "market perform" rating to an "outperform" rating and set a $4,600.00 target price on the stock in a research note on Friday, May 2nd. Finally, UBS Group lifted their target price on AutoZone from $4,025.00 to $4,260.00 and gave the stock a "buy" rating in a research note on Friday, May 23rd. Two equities research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and four have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of $4,054.52.

Insider Transactions at AutoZone

In other news, VP Domingo Hurtado sold 4,800 shares of the stock in a transaction that occurred on Tuesday, April 22nd. The shares were sold at an average price of $3,660.00, for a total value of $17,568,000.00. Following the transaction, the vice president now owns 159 shares in the company, valued at $581,940. This represents a 96.79% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Philip B. Daniele sold 2,000 shares of the firm's stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of $3,800.01, for a total transaction of $7,600,020.00. Following the completion of the transaction, the chief executive officer now directly owns 163 shares in the company, valued at approximately $619,401.63. The trade was a 92.46% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 11,521 shares of company stock valued at $42,177,331. Insiders own 2.10% of the company's stock.

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.