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Teachers Retirement System of The State of Kentucky Decreases Position in AutoZone, Inc. $AZO
Teachers Retirement System of The State of Kentucky significantly reduced its stake in AutoZone, Inc. (NYSE: AZO) by 28.3% in the third quarter, selling 3,534 shares and holding 8,956 shares valued at $38.4 million. Despite this reduction, other institutional investors have increased their positions in the company, which continues to hold a “Moderate Buy” consensus rating from analysts with a target price of $4,280.63. AutoZone recently reported stronger-than-expected EPS and demonstrated an 8.2% year-over-year revenue increase.