Monro INC (MNRO) Shareholder Forte Capital LLC Decreased Stake as Stock Rose

Monro, Inc. (NASDAQ:MNRO) LogoInvestors sentiment decreased to 0.99 in Q2 2019. Its down 0.47, from 1.46 in 2019Q1. It fall, as 14 investors sold MNRO shares while 73 reduced holdings. 20 funds opened positions while 66 raised stakes. 35.58 million shares or 1.29% less from 36.05 million shares in 2019Q1 were reported. Grp Inc Inc holds 0.01% or 24,539 shares in its portfolio. Old National State Bank In owns 3,542 shares. Macquarie Ltd reported 0% stake. Granite Prtnrs Lc, a California-based fund reported 26,989 shares. Hsbc Holdg Public Ltd owns 6,148 shares or 0% of their US portfolio. Ameritas Inv Prns Incorporated stated it has 0.01% in Monro, Inc. (NASDAQ:MNRO). Castleark Management Ltd Com holds 0.42% of its portfolio in Monro, Inc. (NASDAQ:MNRO) for 127,043 shares. Arrowstreet Capital Limited Partnership reported 0.01% in Monro, Inc. (NASDAQ:MNRO). Blackrock Inc holds 0.02% or 4.88 million shares in its portfolio. Moreover, Bessemer Grp Inc has 0% invested in Monro, Inc. (NASDAQ:MNRO) for 380 shares. Ameriprise Financial reported 614,468 shares. Employees Retirement Association Of Colorado, a Colorado-based fund reported 5,464 shares. Brinker Cap Inc reported 4,622 shares. Arizona State Retirement stated it has 51,466 shares or 0.05% of all its holdings. Eam Invsts Lc reported 0.27% in Monro, Inc. (NASDAQ:MNRO).

Forte Capital Llc decreased its stake in Monro Inc (MNRO) by 77.93% based on its latest 2019Q2 regulatory filing with the SEC. Forte Capital Llc sold 37,091 shares as the company’s stock rose 6.58% . The institutional investor held 10,503 shares of the consumer services company at the end of 2019Q2, valued at $896,000, down from 47,594 at the end of the previous reported quarter. Forte Capital Llc who had been investing in Monro Inc for a number of months, seems to be less bullish one the $2.59B market cap company. The stock increased 0.52% or $0.4 during the last trading session, reaching $77.91. About 269,686 shares traded. Monro, Inc. (NASDAQ:MNRO) has risen 27.01% since September 12, 2018 and is uptrending. It has outperformed by 27.01% the S&P500.

Forte Capital Llc, which manages about $660.10M and $313.56M US Long portfolio, upped its stake in Vanguard Index Fds (VTV) by 54,271 shares to 88,797 shares, valued at $9.85M in 2019Q2, according to the filing.

Analysts await Monro, Inc. (NASDAQ:MNRO) to report earnings on October, 24. They expect $0.72 EPS, up 7.46 % or $0.05 from last year’s $0.67 per share. MNRO’s profit will be $23.92M for 27.05 P/E if the $0.72 EPS becomes a reality. After $0.68 actual EPS reported by Monro, Inc. for the previous quarter, Wall Street now forecasts 5.88 % EPS growth.

More notable recent Monro, Inc. (NASDAQ:MNRO) news were published by: Seekingalpha.com which released: “Monro Muffler goes ex-dividend tomorrow – Seeking Alpha” on May 30, 2019, also Nasdaq.com with their article: “Monro Muffler Brake (MNRO) Lags Q4 Earnings and Revenue Estimates – Nasdaq” published on May 21, 2019, Finance.Yahoo.com published: “Why Monro, Inc. (NASDAQ:MNRO) Could Have A Place In Your Portfolio – Yahoo Finance” on August 12, 2019. More interesting news about Monro, Inc. (NASDAQ:MNRO) were released by: Seekingalpha.com and their article: “Monro, Inc. 2020 Q1 – Results – Earnings Call Slides – Seeking Alpha” published on July 25, 2019 as well as Globenewswire.com‘s news article titled: “Monro, Inc. to Report First Quarter Fiscal 2020 Earnings on July 25, 2019 – GlobeNewswire” with publication date: July 11, 2019.

Monro, Inc. (NASDAQ:MNRO) Institutional Positions Chart

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