Arlington Value Capital LLC Has Increased Stake in Monro Muffler Brake INC (MNRO) by $30.48 Million as Share Price Declined

February 15, 2018 - By Hazel Jackson

Investors sentiment increased to 1.42 in 2017 Q3. Its up 0.20, from 1.22 in 2017Q2. It improved, as 25 investors sold MNRO shares while 41 reduced holdings. 31 funds opened positions while 63 raised stakes. 35.68 million shares or 7.15% more from 33.30 million shares in 2017Q2 were reported. Prudential Financial Incorporated accumulated 0.01% or 54,981 shares. Natixis stated it has 4,763 shares or 0% of all its holdings. Rafferty Asset Ltd Liability Company invested in 0.06% or 46,648 shares. Ls Investment Advsrs Limited Liability holds 0% or 1,244 shares. First Mercantile Tru Commerce holds 0.07% or 7,030 shares. New York State Teachers Retirement System holds 0% or 30,774 shares in its portfolio. Principal Fincl Group stated it has 262,144 shares. Rhumbline Advisers holds 0.01% of its portfolio in Monro, Inc. (NASDAQ:MNRO) for 76,941 shares. Btim Corp stated it has 0.26% in Monro, Inc. (NASDAQ:MNRO). Balyasny Asset Management Lc holds 0.03% or 115,856 shares in its portfolio. Jpmorgan Chase And Company stated it has 0% of its portfolio in Monro, Inc. (NASDAQ:MNRO). Nationwide Fund Advisors holds 181,236 shares. Fmr Ltd Llc, a Massachusetts-based fund reported 857,554 shares. Dimensional Fund Advisors Limited Partnership holds 1.01M shares. Parametric Portfolio reported 0% of its portfolio in Monro, Inc. (NASDAQ:MNRO).

Since February 5, 2018, it had 0 buys, and 1 sale for $555,100 activity.

Arlington Value Capital Llc increased its stake in Monro Muffler Brake Inc (MNRO) by 53.78% based on its latest 2017Q3 regulatory filing with the SEC. Arlington Value Capital Llc bought 544,291 shares as the company’s stock declined 12.59% while stock markets rallied. The hedge fund held 1.56 million shares of the consumer services company at the end of 2017Q3, valued at $87.24M, up from 1.01 million at the end of the previous reported quarter. Arlington Value Capital Llc who had been investing in Monro Muffler Brake Inc for a number of months, seems to be bullish on the $1.75B market cap company. The stock decreased 0.09% or $0.05 during the last trading session, reaching $53.35. About 48,713 shares traded. Monro, Inc. (NASDAQ:MNRO) has declined 18.88% since February 15, 2017 and is downtrending. It has underperformed by 35.58% the S&P500.

More news for Monro, Inc. (NASDAQ:MNRO) were recently published by: Globenewswire.com, which released: “Monro, Inc. Announces Third Quarter Fiscal 2018 Financial Results” on January 30, 2018. Nasdaq.com‘s article titled: “Monro, Inc. to Report Third Quarter Fiscal 2018 Earnings on January 30, 2018” and published on January 23, 2018 is yet another important article.

Monro, Inc. (NASDAQ:MNRO) Ratings Coverage

Among 12 analysts covering Monro Muffler Brake (NASDAQ:MNRO), 4 have Buy rating, 0 Sell and 8 Hold. Therefore 33% are positive. Monro Muffler Brake had 27 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was maintained by Jefferies with “Buy” on Monday, September 11. The stock of Monro, Inc. (NASDAQ:MNRO) has “Equal-Weight” rating given on Thursday, June 29 by Stephens. The firm earned “Positive” rating on Friday, August 26 by Susquehanna. The stock of Monro, Inc. (NASDAQ:MNRO) earned “Neutral” rating by Goldman Sachs on Wednesday, April 6. The stock has “Hold” rating by KeyBanc Capital Markets on Tuesday, October 24. The rating was maintained by Jefferies on Friday, October 23 with “Buy”. The stock has “Buy” rating by Sterne Agee CRT on Tuesday, October 20. The rating was upgraded by Northcoast to “Neutral” on Thursday, October 27. The stock has “Outperform” rating by Oppenheimer on Tuesday, March 29. The stock of Monro, Inc. (NASDAQ:MNRO) has “Buy” rating given on Tuesday, January 31 by Gabelli.

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