Quadrature Capital Ltd buys $36,587,276 stake in AutoZone (AZO)

AutoZone (AZO) : Quadrature Capital Ltd scooped up 42,926 additional shares in AutoZone during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 11, 2016. The investment management firm now holds a total of 45,972 shares of AutoZone which is valued at $36,587,276.AutoZone makes up approximately 2.57% of Quadrature Capital Ltd’s portfolio.

Other Hedge Funds, Including , King Luther Capital Management Corp added AZO to its portfolio by purchasing 1,785 company shares during the most recent quarter which is valued at $1,420,610. AutoZone makes up approx 0.01% of King Luther Capital Management Corp’s portfolio.Novare Capital Management boosted its stake in AZO in the latest quarter, The investment management firm added 129 additional shares and now holds a total of 7,552 shares of AutoZone which is valued at $6,050,964. AutoZone makes up approx 1.59% of Novare Capital Management’s portfolio.Tributary Capital Management reduced its stake in AZO by selling 300 shares or 6.12% in the most recent quarter. The Hedge Fund company now holds 4,600 shares of AZO which is valued at $3,685,704. AutoZone makes up approx 0.51% of Tributary Capital Management’s portfolio.Dimensional Fund Advisors Lp boosted its stake in AZO in the latest quarter, The investment management firm added 53 additional shares and now holds a total of 55,266 shares of AutoZone which is valued at $44,282,435. AutoZone makes up approx 0.02% of Dimensional Fund Advisors Lp’s portfolio.Factory Mutual Insurance Co boosted its stake in AZO in the latest quarter, The investment management firm added 5,000 additional shares and now holds a total of 8,500 shares of AutoZone which is valued at $6,811,135. AutoZone makes up approx 0.09% of Factory Mutual Insurance Co’s portfolio.

AutoZone closed down -1.79 points or -0.23% at $788.88 with 1,87,617 shares getting traded on Tuesday. Post opening the session at $794.84, the shares hit an intraday low of $787.97 and an intraday high of $795.57 and the price fluctuated in this range throughout the day.Shares ended Tuesday 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.

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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