Monro, Inc. (NASDAQ:MNRO) Shares Acquired by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. increased its position in Monro, Inc. (NASDAQ:MNRO) by 434.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 104,550 shares of the auto parts company’s stock after buying an additional 84,996 shares during the quarter. Landscape Capital Management L.L.C. owned about 0.35% of Monro worth $3,017,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. State Board of Administration of Florida Retirement System grew its position in Monro by 56.5% in the first quarter. State Board of Administration of Florida Retirement System now owns 13,931 shares of the auto parts company’s stock valued at $439,000 after acquiring an additional 5,032 shares in the last quarter. UniSuper Management Pty Ltd bought a new position in Monro during the 1st quarter valued at $378,000. CANADA LIFE ASSURANCE Co grew its holdings in Monro by 6.2% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 35,279 shares of the auto parts company’s stock worth $1,113,000 after acquiring an additional 2,044 shares in the last quarter. EntryPoint Capital LLC raised its stake in shares of Monro by 33.9% in the 1st quarter. EntryPoint Capital LLC now owns 3,169 shares of the auto parts company’s stock valued at $100,000 after purchasing an additional 802 shares in the last quarter. Finally, Gamco Investors INC. ET AL lifted its position in shares of Monro by 1.7% during the first quarter. Gamco Investors INC. ET AL now owns 526,185 shares of the auto parts company’s stock worth $16,596,000 after purchasing an additional 8,550 shares during the last quarter.

Wall Street Analyst Weigh In

Separately, Stephens began coverage on Monro in a report on Tuesday, October 15th. They issued an “equal weight” rating and a $31.00 price target for the company.

Monro Stock Down 4.8 %

MNRO stock opened at $26.77 on Thursday. The stock has a market cap of $801.76 million, a PE ratio of 30.77, a price-to-earnings-growth ratio of 2.25 and a beta of 1.11. The firm’s 50-day simple moving average is $27.78 and its 200 day simple moving average is $26.12. Monro, Inc. has a fifty-two week low of $21.00 and a fifty-two week high of $33.98. The company has a quick ratio of 0.21, a current ratio of 0.53 and a debt-to-equity ratio of 0.47.

Monro (NASDAQ:MNRO) last issued its quarterly earnings data on Wednesday, October 30th. The auto parts company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($0.08). The business had revenue of $301.39 million for the quarter, compared to analyst estimates of $300.06 million. Monro had a return on equity of 4.77% and a net margin of 2.24%. The business’s quarterly revenue was down 6.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.41 earnings per share. As a group, sell-side analysts predict that Monro, Inc. will post 0.83 EPS for the current year.

Monro Company Profile

Monro, Inc provides automotive undercar repair, and tire sales and services in the United States. It offers replacement tires and tire related services, automotive undercar repair services, and routine maintenance services primarily to passenger cars, light trucks, and vans. The company also provides other products and services for brakes; mufflers and exhaust systems; and steering, drive train, suspension, and wheel alignment.