Autozone (AZO) Holder Shellback Capital LP Cut Its Stake; Welch Group Has Increased Its The Southern Company (SO) Stake by $353,632

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Shellback Capital Lp decreased its stake in Autozone Inc (AZO) by 92.34% based on its latest 2018Q3 regulatory filing with the SEC. Shellback Capital Lp sold 42,756 shares as the company’s stock rose 15.80% while stock markets declined. The institutional investor held 3,545 shares of the consumer services company at the end of 2018Q3, valued at $2.75M, down from 46,301 at the end of the previous reported quarter. Shellback Capital Lp who had been investing in Autozone Inc for a number of months, seems to be less bullish one the $22.81 billion market cap company. The stock increased 1.50% or $13.41 during the last trading session, reaching $904.77. About 131,006 shares traded. AutoZone, Inc. (NYSE:AZO) has risen 26.13% since February 14, 2018 and is uptrending. It has outperformed by 26.13% the S&P500. Some Historical AZO News: 22/05/2018 – AutoZone 3rd Quarter Same Store Sales Increase 0.6%; EPS Increases 17.3% to $13.42; 21/04/2018 – DJ AutoZone Inc, Inst Holders, 1Q 2018 (AZO); 01/05/2018 – AutoZone to Attend Upcoming International Council of Shopping Centers’ 2018 RECon – The Global Real Estate Convention; 22/05/2018 – AUTOZONE INC – DOMESTIC SAME STORE SALES, OR SALES FOR STORES OPEN AT LEAST ONE YEAR, INCREASED 0.6% FOR QUARTER; 19/03/2018 TVPage Launches lnfluencer Video Affiliate Marketing at Shoptalk 2018; 15/05/2018 – AutoZone Names Gale King and Jill Soltau to Board; 15/05/2018 – AUTOZONE INC – ANNOUNCED APPOINTMENT OF GALE V. KING AND JILL SOLTAU TO AUTOZONE BOARD OF DIRECTORS; 31/03/2018 – Cal EMA Spills: SPILL Report – Auto Zone – 03/31/2018 10:54 AM; 07/05/2018 – Goldman Adds AutoZone And McDonald’s To Its Conviction List — MarketWatch; 15/05/2018 – AutoZone Appoints New Bd Members

Welch Group Llc increased its stake in The Southern Company (SO) by 1.43% based on its latest 2018Q3 regulatory filing with the SEC. Welch Group Llc bought 8,224 shares as the company’s stock rose 6.45% while stock markets declined. The institutional investor held 584,976 shares of the central company at the end of 2018Q3, valued at $25.51M, up from 576,752 at the end of the previous reported quarter. Welch Group Llc who had been investing in The Southern Company for a number of months, seems to be bullish on the $50.66B market cap company. The stock increased 0.04% or $0.02 during the last trading session, reaching $49.24. About 1.61 million shares traded. The Southern Company (NYSE:SO) has declined 8.01% since February 14, 2018 and is downtrending. It has underperformed by 8.01% the S&P500. Some Historical SO News: 28/03/2018 – Gaskell West 1 Solar Facility in California begins commercial operation; 21/05/2018 – SOUTHERN M&A CALL CONCLUDES; 10/04/2018 – Southern Co.: Farley Unit 2 Continues to Generate Electricity While Unit 1 Is Offline and Refueling; 25/05/2018 – Georgia Power kicks off summer with new water safety PSA; 02/05/2018 – LOWER TAXES FUELING ECONOMY, DRIVING DEMAND FOR POWER: SOUTHERN; 10/05/2018 – Southern Co: New Construction Milestones Reached at Vogtle Nuclear Expansion; 16/04/2018 – Southern Co Raises Quarterly Dividend to 60c; 17/04/2018 – SOUTHERN CO: ANDREW W. EVANS WILL BECOME EVP & CFO; 23/05/2018 – SOUTHERN POWER SAYS DEAL FOR $1.175 BLN; 23/05/2018 – Southern Sells Solar Stake to Global Atlantic for $1.2 Billion

More notable recent AutoZone, Inc. (NYSE:AZO) news were published by: Globenewswire.com which released: “AutoZone Announces Senior Vice President Promotion NYSE:AZO – GlobeNewswire” on November 16, 2018, also Seekingalpha.com with their article: “AutoZone: The Potential Remains – Seeking Alpha” published on September 17, 2018, Seekingalpha.com published: “AutoZone: Q4 Highlights – Seeking Alpha” on September 25, 2018. More interesting news about AutoZone, Inc. (NYSE:AZO) were released by: Globenewswire.com and their article: “AutoZone to Release Second Quarter Earnings February 26, 2019 – GlobeNewswire” published on February 11, 2019 as well as Seekingalpha.com‘s news article titled: “AutoZone: I’m Expecting New Highs – Seeking Alpha” with publication date: September 20, 2018.

Investors sentiment decreased to 0.83 in 2018 Q3. Its down 0.14, from 0.97 in 2018Q2. It dropped, as 46 investors sold AZO shares while 183 reduced holdings. 66 funds opened positions while 123 raised stakes. 22.60 million shares or 3.88% less from 23.51 million shares in 2018Q2 were reported. Products Prns Limited holds 13,000 shares. Amundi Pioneer Asset Mgmt reported 0.02% of its portfolio in AutoZone, Inc. (NYSE:AZO). Bp Public Ltd Com accumulated 11,700 shares. Leuthold Gru Lc accumulated 0.47% or 5,510 shares. Peoples Corp accumulated 363 shares or 0.14% of the stock. Bluemountain Capital Management Limited Liability Corporation stated it has 2,044 shares or 0.03% of all its holdings. Geode Cap Limited Liability accumulated 339,219 shares or 0.07% of the stock. Cypress Asset Management Tx holds 335 shares or 0.08% of its portfolio. Adage Capital Ptnrs Gru Ltd Company invested in 0.06% or 34,315 shares. Clearbridge Invs Ltd Limited Liability Company accumulated 0.13% or 187,749 shares. Comerica Bank & Trust reported 0.03% of its portfolio in AutoZone, Inc. (NYSE:AZO). Aqr Cap Management Limited Liability Company stated it has 0.14% of its portfolio in AutoZone, Inc. (NYSE:AZO). State Of Wisconsin Board owns 0.12% invested in AutoZone, Inc. (NYSE:AZO) for 54,466 shares. Maverick Limited holds 47,430 shares. 2,778 are held by Regal Investment Advsrs Limited Co.

Since September 20, 2018, it had 0 insider purchases, and 13 selling transactions for $97.15 million activity. PLEAS CHARLES III had sold 9,500 shares worth $7.22M on Thursday, September 20. GILES WILLIAM T sold $11.75 million worth of stock. Finestone Mark A. sold $10.27 million worth of stock. 1,500 shares valued at $1.33 million were sold by Wright Kristen C. on Friday, December 14. The insider RHODES WILLIAM C III sold $18.49M. 3,000 shares were sold by MCKENNA WILLIAM ANDREW, worth $2.65M.

Shellback Capital Lp, which manages about $423.03 million and $1.12 billion US Long portfolio, upped its stake in Acushnet Holdings Corp by 25,000 shares to 110,280 shares, valued at $3.03 million in 2018Q3, according to the filing. It also increased its holding in V F Corp (NYSE:VFC) by 15,000 shares in the quarter, for a total of 140,000 shares, and has risen its stake in Target Corp (NYSE:TGT).

Among 26 analysts covering Autozone Inc. (NYSE:AZO), 15 have Buy rating, 0 Sell and 11 Hold. Therefore 58% are positive. Autozone Inc. had 102 analyst reports since August 24, 2015 according to SRatingsIntel. The rating was maintained by Wedbush with “Buy” on Wednesday, November 21. The firm has “Outperform” rating given on Wednesday, March 2 by Credit Suisse. The stock has “Equal-Weight” rating by Stephens on Wednesday, May 24. The stock of AutoZone, Inc. (NYSE:AZO) earned “Buy” rating by ValuEngine on Thursday, May 25. Credit Suisse maintained the shares of AZO in report on Tuesday, February 9 with “Outperform” rating. RBC Capital Markets maintained AutoZone, Inc. (NYSE:AZO) rating on Wednesday, September 23. RBC Capital Markets has “Sector Perform” rating and $726.0 target. As per Wednesday, April 18, the company rating was maintained by Jefferies. The company was downgraded on Wednesday, December 6 by Guggenheim. The rating was maintained by Wedbush with “Outperform” on Friday, July 20. RBC Capital Markets maintained the stock with “Sector Perform” rating in Wednesday, December 7 report.

Analysts await AutoZone, Inc. (NYSE:AZO) to report earnings on February, 26. They expect $9.87 EPS, down 4.91% or $0.51 from last year’s $10.38 per share. AZO’s profit will be $248.78M for 22.92 P/E if the $9.87 EPS becomes a reality. After $13.47 actual EPS reported by AutoZone, Inc. for the previous quarter, Wall Street now forecasts -26.73% negative EPS growth.

Welch Group Llc, which manages about $645.12M and $960.13 million US Long portfolio, decreased its stake in Microsoft Corp (NASDAQ:MSFT) by 4,764 shares to 295,861 shares, valued at $33.84 million in 2018Q3, according to the filing.

Investors sentiment decreased to 0.96 in 2018 Q3. Its down 0.05, from 1.01 in 2018Q2. It is negative, as 59 investors sold SO shares while 336 reduced holdings. 101 funds opened positions while 279 raised stakes. 556.48 million shares or 1.25% less from 563.55 million shares in 2018Q2 were reported. Numerixs holds 0.32% or 39,964 shares in its portfolio. Moreover, Morgan Stanley has 0.06% invested in The Southern Company (NYSE:SO) for 5.78M shares. 15,184 were accumulated by Co Of Vermont. Ironwood has invested 0.01% of its portfolio in The Southern Company (NYSE:SO). Warren Averett Asset Limited Co holds 15,429 shares or 0.1% of its portfolio. The Minnesota-based Ameriprise Financial has invested 0.05% in The Southern Company (NYSE:SO). Gulf State Bank (Uk) Ltd invested in 338,426 shares or 0.17% of the stock. Earnest Prtnrs Ltd Liability Corp has 0.08% invested in The Southern Company (NYSE:SO) for 200,370 shares. Chevy Chase Trust Hldgs Inc holds 845,596 shares. Mackenzie Financial Corporation reported 51,058 shares. Boys Arnold has invested 0.08% in The Southern Company (NYSE:SO). Nj State Employees Deferred Compensation Plan owns 17,000 shares. California Public Employees Retirement System holds 0.21% or 3.66M shares in its portfolio. Aqr Capital Management Ltd Liability Com has invested 0.04% in The Southern Company (NYSE:SO). Covington Management holds 0.02% or 6,900 shares in its portfolio.

More notable recent The Southern Company (NYSE:SO) news were published by: Globenewswire.com which released: “Report: Exploring Fundamental Drivers Behind Tyson Foods, ElectraMeccanica Vehicles, Cousins Properties, Spirit Aerosystems, bluebird bio, and Yext — New Horizons, Emerging Trends, and Upcoming Developments – GlobeNewswire” on February 14, 2019, also Globenewswire.com with their article: “New Research Coverage Highlights JC Penney, Workhorse Group, OGE Energy, Rexford Industrial Realty, Ferroglobe, and Tejon Ranch — Consolidated Revenues, Company Growth, and Expectations for 2019 – GlobeNewswire” published on February 14, 2019, published: “Amazon.com, Inc. (NASDAQ:AMZN), Boeing Company (The) (NYSE:BA) – Valentine’s Card From The Market: Trade Optimism Continues, Cisco Posts Strong Quarter – Benzinga” on February 14, 2019. More interesting news about The Southern Company (NYSE:SO) were released by: Fool.com and their article: “Why Are So Many Marijuana Stocks Making This Key Move? – Motley Fool” published on January 16, 2019 as well as Seekingalpha.com‘s news article titled: “Dividend Cut Bombshell At CenturyLink – Seeking Alpha” with publication date: February 14, 2019.

AutoZone, Inc. (NYSE:AZO) Institutional Positions Chart

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