Monro, Inc. (NASDAQ:MNRO) Shares Purchased by Headlands Technologies LLC

Headlands Technologies LLC raised its holdings in Monro, Inc. (NASDAQ:MNRO) by 32.5% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,675 shares of the auto parts company’s stock after acquiring an additional 902 shares during the quarter. Headlands Technologies LLC’s holdings in Monro were worth $116,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Vanguard Group Inc. lifted its position in shares of Monro by 1.7% in the 3rd quarter. Vanguard Group Inc. now owns 3,652,573 shares of the auto parts company’s stock valued at $101,432,000 after acquiring an additional 61,236 shares in the last quarter. Pacer Advisors Inc. increased its stake in Monro by 63.5% in the 4th quarter. Pacer Advisors Inc. now owns 1,168,504 shares of the auto parts company’s stock valued at $34,284,000 after buying an additional 453,980 shares during the period. Charles Schwab Investment Management Inc. lifted its position in Monro by 8.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 466,431 shares of the auto parts company’s stock worth $13,685,000 after buying an additional 37,364 shares in the last quarter. Heartland Advisors Inc. lifted its position in Monro by 27.4% in the 1st quarter. Heartland Advisors Inc. now owns 185,076 shares of the auto parts company’s stock worth $5,837,000 after buying an additional 39,832 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd boosted its stake in shares of Monro by 19.4% during the 4th quarter. Dynamic Technology Lab Private Ltd now owns 46,378 shares of the auto parts company’s stock valued at $1,361,000 after buying an additional 7,550 shares during the period.

Monro Stock Up 0.9 %

Shares of Monro stock traded up $0.23 on Wednesday, hitting $25.10. 50,303 shares of the company traded hands, compared to its average volume of 535,886. Monro, Inc. has a 12-month low of $21.00 and a 12-month high of $40.09. The company has a quick ratio of 0.22, a current ratio of 0.56 and a debt-to-equity ratio of 0.54. The company has a market cap of $750.99 million, a PE ratio of 21.08, a PEG ratio of 2.15 and a beta of 1.12. The company has a 50-day moving average price of $24.29 and a 200 day moving average price of $28.23.

Monro (NASDAQ:MNRO) last announced its quarterly earnings results on Thursday, May 23rd. The auto parts company reported $0.21 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.13). The firm had revenue of $310.08 million during the quarter, compared to the consensus estimate of $320.16 million. Monro had a net margin of 2.94% and a return on equity of 6.25%. The company’s quarterly revenue was down .2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.08 EPS. Sell-side analysts predict that Monro, Inc. will post 0.71 earnings per share for the current year.

Monro Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 18th. Investors of record on Tuesday, June 4th were issued a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a dividend yield of 4.46%. The ex-dividend date was Tuesday, June 4th. Monro’s dividend payout ratio is currently 94.92%.

Monro 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.