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AutoZone reports earnings below expectations, but institutional holdings remain steady at 92.74%.
AutoZone Inc. saw changes in its stock holdings by several firms in the last quarter, with some reducing and others increasing their stakes.
Despite these changes, institutional investors still hold 92.74% of the company's stock.
AutoZone reported earnings of $32.52 per share, slightly below analyst expectations, and revenue of $4.28 billion.
Analysts have a 'Moderate Buy' consensus rating with a target price of $3,429.84.
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AutoZone reporta ganancias por debajo de las expectativas, pero las tenencias institucionales permanecen estables en 92,74%.