January 31, 2023

The most recent Form 13F filing filed by New Jersey State’s Common Pension Fund D with the Securities and Exchange Commission showed that the Fund’s holding in Monro, Inc. (NASDAQ: MNRO) increased by May 9 in the third quarter of this year .3 %. The company now holds a total of 50,504 shares in the automotive supplier after selling 5,149 shares in the reporting period. The most recent filing that New Jersey State’s Common Pension Fund D filed with the SEC indicates that the fund owned 0.16% of Monro, which was valued at $2,195,000 at the time of the investment.

Hedge funds and other types of institutional investors have increased the percentage of their stocks invested in the company in recent months. FMR LLC increased the stake in Monro it owns by 22.9% in the second quarter. FMR LLC now owns 1,164 shares of the auto parts maker’s stock, which can be sold for $49,000 because the company bought an additional 217 shares during the period in question. During the fiscal second quarter, Eagle Bay Advisors LLC brought its total ownership of Monro to a 123.7% higher level than before. During the specified period, Eagle Bay Advisors LLC purchased an additional 834 shares, bringing the total number of shares purchased to 1,508 at a value of $65,000. These newly acquired shares were valued at $65,000. Point72 Hong Kong Ltd. increased its control over Monro by purchasing approximately $70,000 of company stock during the fiscal first quarter. The number of Monro shares that Captrust Financial Advisors held in its portfolio rose 130.3% in the first three months of 2018. After purchasing an additional 1,010 shares during the period in question, Captrust Financial Advisors now owns a total of 1,785 shares of the shares held by the auto parts company. Each share of this stock is currently worth $79,000. Last but not least, First Horizon Advisors Inc. increased its Monro share count by 2,685.1% in the second quarter, making this the most important of the three. First Horizon Advisors Inc. now owns 1,866 shares of the auto parts maker, valued at $80,000, thanks to the purchase of an additional 1,799 shares during the period in question.

The price of NASDAQ: MNRO shares on Wednesday was $47.36 per share. The highest price realized by Monro, Inc. last year was $59.24, while the lowest price realized by the company was $37.49. The company has a beta of 0.99, a PE ratio of 31.57, a PEG ratio of 2.01 and its current market cap is $1.49 billion. All of these metrics are part of the price-to-earnings (PE) ratio. The company’s 50-day moving average price is $46.26 and its 200-day moving average price is $46.77. There are a variety of financial ratios, some of which include a debt-to-equity ratio of 0.62, a current ratio of 0.63, and a quick ratio of 0.27.

On Wednesday, October 26th, Monro’s latest earnings report (NASDAQ:MNRO) was released for the first time. The auto parts maker reported earnings per share (EPS) of $0.43 for the quarter, which was in line with the estimate agreed upon by market analysts of $0.43. Return on equity for Monro was 6.74 percent and the net margin for the business was 3.74 percent. Contrary to the generally accepted forecast of $356.73 million, the company’s revenue for the most recent quarter was $329.82 million. This was the company’s last reporting period. According to the consensus of industry experts, Monro, Inc. will close the current fiscal year with a profit of USD 1.61 per share.

Additionally, the company recently announced a quarterly dividend, which was then paid and distributed on December 1st. On December 6, existing investors of record received and were distributed their dividend payments totaling $0.28 per share. That equates to a quarterly dividend yield of 2.36% and an annual dividend payment of $1.12 per share for each share outstanding. The ex-dividend date of this dividend, which was December 5th (a Monday), was as follows: At this point, 74.67% of Monero is paid out as payouts.

On the same day, October 12, Monro was first reported by StockNews.com. They recommended that shareholders “hold” their shares in the company.

In other news, director John L. Auerbach participated in a transaction Oct. 31 that required him to sell 2,195 shares of the company’s stock. This sale was part of the transaction. According to the reports, this transaction took place. During the transaction, the stock was sold for a total price of $104,196.65, representing a price per share of $47.47. The Director is now a direct owner of 8,041 shares of the Company which, as a result of the successful completion of the transaction, are valued approximately at $381,706.27. Following this link will take you to an SEC filed with additional information about the sale. The total number of shares held by company insiders is 4.50% of the total shares of the company.

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