TFO Wealth Partners LLC Has $38,000 Holdings in Monro, Inc. (NASDAQ:MNRO)

TFO Wealth Partners LLC lifted its stake in shares of Monro, Inc. (NASDAQ:MNROFree Report) by 129,700.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,298 shares of the auto parts company’s stock after buying an additional 1,297 shares during the period. TFO Wealth Partners LLC’s holdings in Monro were worth $38,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Hsbc Holdings PLC increased its holdings in shares of Monro by 90.4% during the fourth quarter. Hsbc Holdings PLC now owns 22,024 shares of the auto parts company’s stock worth $646,000 after buying an additional 10,454 shares in the last quarter. Quest Partners LLC bought a new stake in shares of Monro in the fourth quarter worth $37,000. Dynamic Technology Lab Private Ltd grew its stake in shares of Monro by 19.4% in the fourth quarter. Dynamic Technology Lab Private Ltd now owns 46,378 shares of the auto parts company’s stock worth $1,361,000 after purchasing an additional 7,550 shares during the last quarter. Brown Advisory Inc. grew its stake in shares of Monro by 519.4% in the fourth quarter. Brown Advisory Inc. now owns 349,124 shares of the auto parts company’s stock worth $10,243,000 after purchasing an additional 292,762 shares during the last quarter. Finally, Quadrant Capital Group LLC grew its stake in shares of Monro by 265.7% in the fourth quarter. Quadrant Capital Group LLC now owns 6,454 shares of the auto parts company’s stock worth $189,000 after purchasing an additional 4,689 shares during the last quarter.

Monro Stock Performance

Shares of Monro stock opened at $24.71 on Friday. The company has a quick ratio of 0.22, a current ratio of 0.56 and a debt-to-equity ratio of 0.54. Monro, Inc. has a twelve month low of $22.35 and a twelve month high of $44.11. The stock has a market cap of $739.32 million, a price-to-earnings ratio of 20.94, a P/E/G ratio of 2.30 and a beta of 1.13. The company’s fifty day moving average is $27.54 and its 200 day moving average is $29.59.

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

Monro Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 18th. Shareholders of record on Tuesday, June 4th will be given a dividend of $0.28 per share. The ex-dividend date is Tuesday, June 4th. This represents a $1.12 dividend on an annualized basis and a yield of 4.53%. Monro’s dividend payout ratio (DPR) is currently 94.92%.

About Monro

(Free Report)

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.

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Institutional Ownership by Quarter for Monro (NASDAQ:MNRO)

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