Tompkins Financial Corp Sells 39 Shares of AutoZone, Inc. (NYSE:AZO)

Tompkins Financial Corp lessened its holdings in AutoZone, Inc. (NYSE:AZO) by 36.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 69 shares of the company’s stock after selling 39 shares during the period. Tompkins Financial Corp’s holdings in AutoZone were worth $221,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Brighton Jones LLC raised its holdings in AutoZone by 4.1% during the second quarter. Brighton Jones LLC now owns 101 shares of the company’s stock valued at $299,000 after buying an additional 4 shares in the last quarter. Fidelis Capital Partners LLC increased its holdings in shares of AutoZone by 2.6% during the 2nd quarter. Fidelis Capital Partners LLC now owns 159 shares of the company’s stock valued at $490,000 after acquiring an additional 4 shares during the last quarter. Petredis Investment Advisors LLC raised its stake in shares of AutoZone by 0.6% in the 3rd quarter. Petredis Investment Advisors LLC now owns 710 shares of the company’s stock valued at $2,237,000 after acquiring an additional 4 shares in the last quarter. IVC Wealth Advisors LLC lifted its holdings in AutoZone by 4.4% in the 3rd quarter. IVC Wealth Advisors LLC now owns 95 shares of the company’s stock worth $299,000 after purchasing an additional 4 shares during the last quarter. Finally, Allworth Financial LP boosted its position in AutoZone by 5.0% during the third quarter. Allworth Financial LP now owns 84 shares of the company’s stock worth $265,000 after purchasing an additional 4 shares during the period. 92.74% of the stock is currently owned by institutional investors.

AutoZone Stock Performance

NYSE:AZO opened at $3,193.97 on Friday. The company has a market capitalization of $53.59 billion, a price-to-earnings ratio of 21.34, a PEG ratio of 1.80 and a beta of 0.71. The company has a 50-day moving average of $3,219.83 and a 200-day moving average of $3,129.60. AutoZone, Inc. has a 52 week low of $2,655.75 and a 52 week high of $3,416.71.

AutoZone (NYSE:AZO) last announced its quarterly earnings results on Tuesday, December 10th. The company reported $32.52 EPS for the quarter, missing analysts’ consensus estimates of $33.69 by ($1.17). AutoZone had a negative return on equity of 53.89% and a net margin of 14.18%. The business had revenue of $4.28 billion for the quarter, compared to the consensus estimate of $4.30 billion. During the same quarter in the prior year, the business earned $32.55 EPS. The firm’s revenue for the quarter was up 2.1% on a year-over-year basis. Sell-side analysts forecast that AutoZone, Inc. will post 153.09 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Barclays lifted their price target on shares of AutoZone from $3,024.00 to $3,585.00 and gave the company an “overweight” rating in a research report on Thursday, January 9th. Morgan Stanley lifted their target price on shares of AutoZone from $3,038.00 to $3,125.00 and gave the stock an “overweight” rating in a report on Wednesday, September 25th. DA Davidson reaffirmed a “neutral” rating and issued a $3,025.00 price target on shares of AutoZone in a research report on Monday, September 30th. Redburn Atlantic upgraded AutoZone to a “strong-buy” rating in a research note on Tuesday, October 1st. Finally, Citigroup increased their target price on AutoZone from $3,500.00 to $3,900.00 and gave the company a “buy” rating in a research note on Wednesday, December 11th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, sixteen have assigned a buy rating and three have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $3,429.84.

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.