Crossmark Global Holdings Inc. acquired a new stake in shares of Monro Muffler Brake, Inc. (NASDAQ:MNRO) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 7,314 shares of the auto parts company’s stock, valued at approximately $410,000.

Several other large investors also recently made changes to their positions in the stock. Stephens Inc. AR grew its stake in shares of Monro Muffler Brake by 0.9% during the 2nd quarter. Stephens Inc. AR now owns 4,899 shares of the auto parts company’s stock valued at $205,000 after acquiring an additional 45 shares during the period. The Manufacturers Life Insurance Company grew its stake in shares of Monro Muffler Brake by 0.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 24,450 shares of the auto parts company’s stock valued at $1,021,000 after acquiring an additional 85 shares during the period. Arizona State Retirement System grew its stake in shares of Monro Muffler Brake by 0.6% during the 2nd quarter. Arizona State Retirement System now owns 17,091 shares of the auto parts company’s stock valued at $714,000 after acquiring an additional 100 shares during the period. Macquarie Group Ltd. grew its stake in shares of Monro Muffler Brake by 0.8% during the 2nd quarter. Macquarie Group Ltd. now owns 26,429 shares of the auto parts company’s stock valued at $1,103,000 after acquiring an additional 201 shares during the period. Finally, Forward Management LLC grew its stake in shares of Monro Muffler Brake by 9.5% during the 2nd quarter. Forward Management LLC now owns 2,662 shares of the auto parts company’s stock valued at $111,000 after acquiring an additional 231 shares during the period.

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A number of research analysts recently issued reports on the company. TheStreet downgraded Monro Muffler Brake from a “b-” rating to a “c+” rating in a research note on Monday, November 13th. KeyCorp reissued a “hold” rating on shares of Monro Muffler Brake in a report on Tuesday, October 24th. Oppenheimer Holdings, Inc. set a $70.00 price target on Monro Muffler Brake and gave the stock a “buy” rating in a report on Tuesday, October 24th. Zacks Investment Research cut Monro Muffler Brake from a “hold” rating to a “sell” rating in a report on Friday, October 13th. Finally, Jefferies Group LLC reissued a “buy” rating and issued a $60.00 price target on shares of Monro Muffler Brake in a report on Tuesday, September 12th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $63.33.

Monro Muffler Brake, Inc. (MNRO) opened at $48.45 on Thursday. The company has a quick ratio of 0.28, a current ratio of 1.00 and a debt-to-equity ratio of 0.62. Monro Muffler Brake, Inc. has a twelve month low of $39.65 and a twelve month high of $61.75. The company has a market capitalization of $1,597.64, a P/E ratio of 25.39, a P/E/G ratio of 1.79 and a beta of 0.68.

Monro Muffler Brake (NASDAQ:MNRO) last posted its quarterly earnings results on Tuesday, October 24th. The auto parts company reported $0.55 EPS for the quarter, topping the Zacks’ consensus estimate of $0.54 by $0.01. The company had revenue of $278.02 million for the quarter, compared to analysts’ expectations of $277.06 million. Monro Muffler Brake had a return on equity of 10.82% and a net margin of 5.66%. The firm’s revenue was up 13.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.53 EPS. analysts anticipate that Monro Muffler Brake, Inc. will post 2.02 earnings per share for the current year.

Monro Muffler Brake Profile

Monro, Inc, formerly Monro Muffler Brake, Inc, is engaged in the provision of automotive undercar repair and tire services in the United States. The Company provides a range of services on passenger cars, light trucks and vans for brakes; mufflers and exhaust systems, and steering, drive train, suspension and wheel alignment.

Institutional Ownership by Quarter for Monro Muffler Brake (NASDAQ:MNRO)

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