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Honeywell International Has Trimmed Autozone (AZO) Position; TOYO TIRE &amp RUBBER CO LTD ORDINARY S (TOTTF) Sellers Increased By 19.5% Their Shorts

AutoZone, Inc. (NYSE:AZO) Logo

Honeywell International Inc decreased Autozone Inc (AZO) stake by 54.07% reported in 2017Q4 SEC filing. Honeywell International Inc sold 23,900 shares as Autozone Inc (AZO)’s stock declined 10.64%. The Honeywell International Inc holds 20,300 shares with $14.44 million value, down from 44,200 last quarter. Autozone Inc now has $17.57B valuation. The stock decreased 0.14% or $0.93 during the last trading session, reaching $653.23. About 182,851 shares traded. AutoZone, Inc. (NYSE:AZO) has declined 11.15% since May 16, 2017 and is downtrending. It has underperformed by 22.70% the S&P500.

TOYO TIRE &amp RUBBER CO LTD ORDINARY S (OTCMKTS:TOTTF) had an increase of 19.5% in short interest. TOTTF’s SI was 411,200 shares in May as released by FINRA. Its up 19.5% from 344,100 shares previously. With 100 avg volume, 4112 days are for TOYO TIRE &amp RUBBER CO LTD ORDINARY S (OTCMKTS:TOTTF)’s short sellers to cover TOTTF’s short positions. The SI to TOYO TIRE &amp RUBBER CO LTD ORDINARY S’s float is 0.42%. It closed at $20.4 lastly. It is down 0.00% since May 16, 2017 and is . It has underperformed by 11.55% the S&P500.

Toyo Tire & Rubber Co., Ltd. manufactures and markets car tires, industrial rubber and synthetic resin products, polyurethane products, and waterproof sheets worldwide. The company has market cap of $. The firm makes and sells tires for passenger vehicles, and trucks and buses, as well as SUVs, CUVs, and pickup trucks under Toyo Tires, Nitto, and Silverstone brands. It currently has negative earnings. It also offers chemical and industrial products, such as railway air springs and anti vibration rubbers, gas meter diaphragms, rubber couplings, industrial rubber cushion, resin hoses, fillers for gas and liquid contact, filtering material for microorganism embedding, and insulation materials.

More notable recent AutoZone, Inc. (NYSE:AZO) news were published by: Globenewswire.com which released: “AutoZone Appoints New Board Members” on May 15, 2018, also Globenewswire.com with their article: “AutoZone to Release Third Quarter Earnings May 22, 2018” published on April 26, 2018, Seekingalpha.com published: “Death Of Retail Is Premature” on May 16, 2018. More interesting news about AutoZone, Inc. (NYSE:AZO) were released by: Benzinga.com and their article: “Why Goldman Sachs Is Adding AutoZone, McDonald’s To Its Conviction List” published on May 07, 2018 as well as Seekingalpha.com‘s news article titled: “Value In AutoZone” with publication date: April 18, 2018.

Among 25 analysts covering Autozone Inc. (NYSE:AZO), 14 have Buy rating, 0 Sell and 11 Hold. Therefore 56% are positive. Autozone Inc. had 82 analyst reports since August 24, 2015 according to SRatingsIntel. The stock of AutoZone, Inc. (NYSE:AZO) has “Neutral” rating given on Friday, September 23 by Goldman Sachs. The rating was maintained by Credit Suisse with “Buy” on Wednesday, November 1. The stock has “Sector Perform” rating by RBC Capital Markets on Wednesday, December 9. RBC Capital Markets maintained it with “Hold” rating and $571.0 target in Tuesday, September 19 report. The company was maintained on Wednesday, December 6 by UBS. The company was maintained on Wednesday, September 20 by Credit Suisse. The firm has “Neutral” rating given on Wednesday, December 9 by UBS. Goldman Sachs upgraded the stock to “Buy” rating in Tuesday, May 30 report. The firm earned “Hold” rating on Tuesday, April 17 by Guggenheim. On Wednesday, February 28 the stock rating was maintained by Wedbush with “Hold”.

Since January 3, 2018, it had 1 insider buy, and 5 insider sales for $12.56 million activity. $7.82M worth of AutoZone, Inc. (NYSE:AZO) was sold by Graves William W on Wednesday, January 3. 740 shares were sold by Daniele Philip B., worth $577,472 on Friday, January 12. BROOKS DOUGLAS H also bought $98,413 worth of AutoZone, Inc. (NYSE:AZO) shares. $993,372 worth of AutoZone, Inc. (NYSE:AZO) was sold by Griffith James C.. $2.05 million worth of AutoZone, Inc. (NYSE:AZO) was sold by Smith Richard Craig on Thursday, January 4.

Analysts await AutoZone, Inc. (NYSE:AZO) to report earnings on May, 22 before the open. They expect $12.99 earnings per share, up 13.55% or $1.55 from last year’s $11.44 per share. AZO’s profit will be $349.43M for 12.57 P/E if the $12.99 EPS becomes a reality. After $10.38 actual earnings per share reported by AutoZone, Inc. for the previous quarter, Wall Street now forecasts 25.14% EPS growth.

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

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