Wellington Management Group LLP Has $39.19 Million Stock Holdings in Monro, Inc. (NASDAQ:MNRO)

Wellington Management Group LLP increased its position in Monro, Inc. (NASDAQ:MNRO) by 4.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,335,544 shares of the auto parts company’s stock after buying an additional 62,148 shares during the quarter. Wellington Management Group LLP owned 4.47% of Monro worth $39,185,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Illinois Municipal Retirement Fund lifted its holdings in Monro by 2.7% during the 4th quarter. Illinois Municipal Retirement Fund now owns 18,472 shares of the auto parts company’s stock worth $542,000 after buying an additional 490 shares during the period. CWM LLC raised its position in shares of Monro by 144.6% in the 4th quarter. CWM LLC now owns 1,103 shares of the auto parts company’s stock worth $32,000 after acquiring an additional 652 shares in the last quarter. Cardinal Capital Management raised its position in shares of Monro by 3.1% in the 4th quarter. Cardinal Capital Management now owns 22,602 shares of the auto parts company’s stock worth $663,000 after acquiring an additional 678 shares in the last quarter. Swiss National Bank lifted its stake in shares of Monro by 1.0% in the 3rd quarter. Swiss National Bank now owns 69,142 shares of the auto parts company’s stock valued at $1,920,000 after purchasing an additional 700 shares during the period. Finally, Massmutual Trust Co. FSB ADV boosted its position in shares of Monro by 416.7% during the 4th quarter. Massmutual Trust Co. FSB ADV now owns 1,271 shares of the auto parts company’s stock valued at $37,000 after purchasing an additional 1,025 shares in the last quarter.

Monro Trading Up 1.2 %

NASDAQ MNRO opened at $23.11 on Monday. Monro, Inc. has a one year low of $22.35 and a one year high of $43.65. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.56 and a quick ratio of 0.22. The business has a 50 day simple moving average of $26.09 and a 200 day simple moving average of $29.19. The stock has a market capitalization of $691.45 million, a P/E ratio of 19.58, a P/E/G ratio of 2.13 and a beta of 1.13.

Monro (NASDAQ:MNRO) last released 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). The company had revenue of $310.08 million during the quarter, compared to the consensus estimate of $320.16 million. Monro had a net margin of 2.94% and a return on equity of 6.25%. The business’s revenue was down .2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.08 EPS. Research analysts expect that Monro, Inc. will post 0.71 earnings per share for the current year.

Monro Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 18th. Stockholders of record on Tuesday, June 4th were issued a dividend of $0.28 per share. The ex-dividend date was Tuesday, June 4th. This represents a $1.12 annualized dividend and a dividend yield of 4.85%. Monro’s dividend payout ratio is currently 94.92%.

About Monro

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.