43,451 Shares in Monro Muffler Brake, Inc. (NASDAQ:MNRO) Acquired by GSA Capital Partners LLP

GSA Capital Partners LLP purchased a new stake in shares of Monro Muffler Brake, Inc. (NASDAQ:MNRO - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 43,451 shares of the auto parts company's stock, valued at approximately $629,000. GSA Capital Partners LLP owned 0.15% of Monro Muffler Brake as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Y Intercept Hong Kong Ltd lifted its position in Monro Muffler Brake by 92.1% during the 1st quarter. Y Intercept Hong Kong Ltd now owns 21,063 shares of the auto parts company's stock valued at $305,000 after acquiring an additional 10,098 shares during the period. Bleakley Financial Group LLC lifted its holdings in shares of Monro Muffler Brake by 142.9% during the first quarter. Bleakley Financial Group LLC now owns 24,138 shares of the auto parts company's stock valued at $349,000 after purchasing an additional 14,199 shares during the last quarter. CWM LLC grew its stake in shares of Monro Muffler Brake by 132.3% in the 1st quarter. CWM LLC now owns 3,067 shares of the auto parts company's stock worth $44,000 after buying an additional 1,747 shares during the last quarter. New York State Common Retirement Fund raised its stake in Monro Muffler Brake by 13.3% during the first quarter. New York State Common Retirement Fund now owns 10,253 shares of the auto parts company's stock valued at $148,000 after buying an additional 1,203 shares during the last quarter. Finally, Nisa Investment Advisors LLC increased its holdings in shares of Monro Muffler Brake by 640.9% during the first quarter. Nisa Investment Advisors LLC now owns 8,180 shares of the auto parts company's stock valued at $118,000 after acquiring an additional 7,076 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on MNRO. Wall Street Zen upgraded shares of Monro Muffler Brake from a "sell" rating to a "hold" rating in a research note on Saturday, August 2nd. Wells Fargo & Company reduced their price target on shares of Monro Muffler Brake from $16.00 to $15.00 and set an "equal weight" rating for the company in a research note on Thursday, July 31st.

Monro Muffler Brake Stock Performance

Shares of NASDAQ:MNRO traded up $0.15 during mid-day trading on Thursday, reaching $15.43. 308,815 shares of the company traded hands, compared to its average volume of 943,415. The company's 50 day moving average price is $15.36 and its 200-day moving average price is $16.02. Monro Muffler Brake, Inc. has a 52 week low of $12.19 and a 52 week high of $30.18. The firm has a market cap of $462.44 million, a PE ratio of -23.00, a PEG ratio of 1.41 and a beta of 0.97. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.50 and a quick ratio of 0.16.

Monro Muffler Brake (NASDAQ:MNRO - Get Free Report) last issued its earnings results on Wednesday, July 30th. The auto parts company reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.05. Monro Muffler Brake had a positive return on equity of 2.49% and a negative net margin of 1.59%. The firm had revenue of $301.04 million for the quarter, compared to analysts' expectations of $295.05 million. During the same period in the previous year, the firm posted $0.22 earnings per share. The business's revenue was up 2.7% compared to the same quarter last year. On average, equities analysts expect that Monro Muffler Brake, Inc. will post 0.63 EPS for the current fiscal year.

Monro Muffler Brake Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 17th. Investors of record on Tuesday, June 3rd were given a $0.28 dividend. The ex-dividend date was Tuesday, June 3rd. This represents a $1.12 annualized dividend and a yield of 7.3%. Monro Muffler Brake's dividend payout ratio (DPR) is currently -167.16%.

About Monro Muffler Brake

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.