Zurcher Kantonalbank Zurich Cantonalbank Has $161,000 Holdings in Monro Inc (MNRO)

Zurcher Kantonalbank Zurich Cantonalbank decreased its holdings in shares of Monro Inc (NASDAQ:MNRO) by 16.6% during the first quarter, HoldingsChannel.com reports. The fund owned 1,863 shares of the auto parts company’s stock after selling 370 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Monro were worth $161,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of MNRO. Thrivent Financial for Lutherans increased its holdings in shares of Monro by 2.2% in the fourth quarter. Thrivent Financial for Lutherans now owns 23,579 shares of the auto parts company’s stock worth $1,621,000 after purchasing an additional 518 shares during the period. Metropolitan Life Insurance Co. NY increased its holdings in shares of Monro by 371.1% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 10,496 shares of the auto parts company’s stock worth $722,000 after purchasing an additional 8,268 shares during the period. State of Alaska Department of Revenue increased its holdings in shares of Monro by 1.9% in the fourth quarter. State of Alaska Department of Revenue now owns 11,031 shares of the auto parts company’s stock worth $758,000 after purchasing an additional 210 shares during the period. Arizona State Retirement System increased its holdings in shares of Monro by 6.5% in the fourth quarter. Arizona State Retirement System now owns 50,800 shares of the auto parts company’s stock worth $3,493,000 after purchasing an additional 3,094 shares during the period. Finally, BB&T Securities LLC increased its holdings in shares of Monro by 45.9% in the fourth quarter. BB&T Securities LLC now owns 9,097 shares of the auto parts company’s stock worth $625,000 after purchasing an additional 2,861 shares during the period.

Several research firms have recently weighed in on MNRO. Zacks Investment Research raised shares of Monro from a “hold” rating to a “buy” rating and set a $90.00 price target on the stock in a report on Thursday. BidaskClub raised shares of Monro from a “hold” rating to a “buy” rating in a report on Tuesday, May 14th. Finally, Guggenheim cut shares of Monro from a “buy” rating to a “neutral” rating and set a $82.89 price target on the stock. in a report on Thursday, April 4th. They noted that the move was a valuation call. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $86.45.



Shares of Monro stock traded up $0.49 during trading on Monday, hitting $80.69. The stock had a trading volume of 2,316 shares, compared to its average volume of 256,168. The stock has a market cap of $2.65 billion, a P/E ratio of 38.59, a PEG ratio of 2.41 and a beta of 0.75. Monro Inc has a 12 month low of $51.45 and a 12 month high of $89.72. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.30 and a current ratio of 1.05.

In related news, Director Donald Glickman sold 10,000 shares of the stock in a transaction on Monday, February 25th. The stock was sold at an average price of $78.16, for a total value of $781,600.00. Following the transaction, the director now owns 181,078 shares of the company’s stock, valued at $14,153,056.48. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 4.60% of the stock is owned by corporate insiders.

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Monro Profile

Monro, Inc provides automotive undercar repair, and tire sales and services in the United States. The company offers range of services on passenger cars, light trucks, and vans for brakes; mufflers and exhaust systems; and steering, drive train, suspension, and wheel alignment. It also provides other products and services, including tires and routine maintenance services, including state inspections.

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Want to see what other hedge funds are holding MNRO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Monro Inc (NASDAQ:MNRO).

Institutional Ownership by Quarter for Monro (NASDAQ:MNRO)

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