Thrivent Financial For Lutherans buys $219,171,885 stake in AutoZone (AZO)

AutoZone (AZO) : Thrivent Financial For Lutherans scooped up 21,970 additional shares in AutoZone during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 275,390 shares of AutoZone which is valued at $219,171,885.AutoZone makes up approximately 1.03% of Thrivent Financial For Lutherans’s portfolio.

Other Hedge Funds, Including , Bokf Na boosted its stake in AZO in the latest quarter, The investment management firm added 66 additional shares and now holds a total of 3,061 shares of AutoZone which is valued at $2,436,127. AutoZone makes up approx 0.08% of Bokf Na’s portfolio.Los Angeles Capital Management Equity Research Inc reduced its stake in AZO by selling 3,749 shares or 5.73% in the most recent quarter. The Hedge Fund company now holds 61,662 shares of AZO which is valued at $49,406,061. AutoZone makes up approx 0.41% of Los Angeles Capital Management Equity Research Inc’s portfolio.First Trust Advisors Lp reduced its stake in AZO by selling 600 shares or 1.71% in the most recent quarter. The Hedge Fund company now holds 34,416 shares of AZO which is valued at $27,749,277. AutoZone makes up approx 0.08% of First Trust Advisors Lp’s portfolio. Community Financial Services Group added AZO to its portfolio by purchasing 500 company shares during the most recent quarter which is valued at $402,455. AutoZone makes up approx 0.19% of Community Financial Services Group’s portfolio.Garrison Financial Corp boosted its stake in AZO in the latest quarter, The investment management firm added 93 additional shares and now holds a total of 4,906 shares of AutoZone which is valued at $3,877,310. AutoZone makes up approx 2.55% of Garrison Financial Corp’s portfolio.

AutoZone closed down -2.62 points or -0.35% at $750.85 with 3,64,269 shares getting traded on Monday. Post opening the session at $753.58, the shares hit an intraday low of $748.85 and an intraday high of $759.37 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, AutoZone reported $10.77 EPS for the quarter, missing the analyst consensus estimate by $ -0.15 based on the information available during the earnings call on May 24, 2016. Analyst had a consensus of $10.92. The company had revenue of $2593.70 million for the quarter, compared to analysts expectations of $2645.31 million. The company’s revenue was up 4.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $9.57 EPS.

Many Wall Street Analysts have commented on AutoZone. Susquehanna Initiated AutoZone on Aug 26, 2016 to “Neutral”, Price Target of the shares are set at $810.

AutoZone Inc. (AutoZone) is a retailer and a distributor of automotive replacement parts and accessories in the United States. The Company’s segments include Auto Parts Stores and Other. The Company’s Auto Parts Stores segment includes Domestic Auto Parts Mexico Brazil and Interamerican Motor Corporation (IMC). The Company’s Other segment includes business activities of ALLDATA E-commerce and AutoAnything. The ALLDATA produces sells and maintains diagnostic and repair information software used in the automotive repair industry. The e-commerce includes direct sales to customers through www.autozone.com. The AutoAnything includes direct sales to customers through www.autoanything.com. The Company operates approximately 5069 AutoZone stores in the United States including stores in Puerto Rico Mexico Brazil and IMC branches. IMC branches carry a line of original equipment import replacement parts.

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