Arlington Value Capital LLC Increased Monro Muffler Brake INC (MNRO) Holding by $30.48 Million

February 15, 2018 - By Maria Brooks

Investors sentiment increased to 1.42 in Q3 2017. 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. Fdx Advisors reported 0.04% in Monro, Inc. (NASDAQ:MNRO). Australia-based Macquarie Group Inc Limited has invested 0% in Monro, Inc. (NASDAQ:MNRO). Da Davidson & stated it has 0.01% in Monro, Inc. (NASDAQ:MNRO). Dean Invest Associate Llc stated it has 0.11% of its portfolio in Monro, Inc. (NASDAQ:MNRO). Metropolitan Life Insurance Company holds 21,842 shares or 0.01% of its portfolio. Ameritas Prns has 2,712 shares for 0.01% of their portfolio. Qci Asset Mgmt Incorporated New York reported 300 shares. Btim holds 0.26% of its portfolio in Monro, Inc. (NASDAQ:MNRO) for 303,246 shares. Jpmorgan Chase Company invested 0% in Monro, Inc. (NASDAQ:MNRO). Wasatch Advisors reported 2.2% of its portfolio in Monro, Inc. (NASDAQ:MNRO). Price T Rowe Assoc Md has invested 0.02% in Monro, Inc. (NASDAQ:MNRO). Rhumbline Advisers invested in 0.01% or 76,941 shares. Pnc Gru reported 1,538 shares stake. Ameriprise Fincl Inc holds 0% or 185,329 shares. Arizona State Retirement System accumulated 0.01% or 16,991 shares.

Since February 5, 2018, it had 0 insider purchases, and 1 insider 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 1.56M shares of the consumer services company at the end of 2017Q3, valued at $87.24 million, 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 $1.75 billion 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. Jefferies maintained Monro, Inc. (NASDAQ:MNRO) rating on Wednesday, July 19. Jefferies has “Buy” rating and $6000 target. The firm earned “Buy” rating on Friday, October 23 by Stifel Nicolaus. The company was initiated on Tuesday, December 8 by Gabelli. The stock of Monro, Inc. (NASDAQ:MNRO) earned “Sector Weight” rating by KeyBanc Capital Markets on Wednesday, August 19. Goldman Sachs maintained Monro, Inc. (NASDAQ:MNRO) rating on Wednesday, April 6. Goldman Sachs has “Neutral” rating and $77 target. The firm earned “Neutral” rating on Tuesday, June 20 by Susquehanna. Northcoast upgraded the stock to “Neutral” rating in Thursday, October 27 report. Oppenheimer maintained the stock with “Buy” rating in Wednesday, June 28 report. The stock of Monro, Inc. (NASDAQ:MNRO) earned “Hold” rating by KeyBanc Capital Markets on Tuesday, October 24. Jefferies initiated the shares of MNRO in report on Tuesday, September 15 with “Buy” rating.

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