Rafferty Asset Management Decreased Its Position in Monro (MNRO) by $2.29 Million; Amazon Com (AMZN) Holder Archon Partners Has Raised Stake

April 22, 2018 - By Marguerite Chambers

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Rafferty Asset Management Llc decreased its stake in Monro Inc (MNRO) by 87.68% based on its latest 2017Q4 regulatory filing with the SEC. Rafferty Asset Management Llc sold 40,901 shares as the company’s stock declined 11.02% with the market. The institutional investor held 5,747 shares of the consumer services company at the end of 2017Q4, valued at $327,000, down from 46,648 at the end of the previous reported quarter. Rafferty Asset Management Llc who had been investing in Monro Inc for a number of months, seems to be less bullish one the $1.76 billion market cap company. The stock decreased 0.46% or $0.25 during the last trading session, reaching $53.55. About 318,146 shares traded or 0.03% up from the average. Monro, Inc. (NASDAQ:MNRO) has declined 0.29% since April 22, 2017 and is downtrending. It has underperformed by 11.84% the S&P500.

Archon Partners Llc increased its stake in Amazon Com Inc (AMZN) by 30.89% based on its latest 2017Q4 regulatory filing with the SEC. Archon Partners Llc bought 3,300 shares as the company’s stock rose 28.13% while stock markets declined. The hedge fund held 13,983 shares of the consumer services company at the end of 2017Q4, valued at $16.35 million, up from 10,683 at the end of the previous reported quarter. Archon Partners Llc who had been investing in Amazon Com Inc for a number of months, seems to be bullish on the $739.47 billion market cap company. The stock decreased 1.89% or $29.42 during the last trading session, reaching $1527.49. About 5.28M shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 76.78% since April 22, 2017 and is uptrending. It has outperformed by 65.23% the S&P500.

Among 54 analysts covering Amazon.com (NASDAQ:AMZN), 50 have Buy rating, 0 Sell and 4 Hold. Therefore 93% are positive. Amazon.com had 287 analyst reports since July 21, 2015 according to SRatingsIntel. Mizuho maintained Amazon.com, Inc. (NASDAQ:AMZN) rating on Friday, October 27. Mizuho has “Buy” rating and $1300.0 target. On Friday, February 2 the stock rating was maintained by Credit Suisse with “Outperform”. The firm has “Overweight” rating by Piper Jaffray given on Tuesday, August 4. The stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Buy” rating given on Thursday, January 18 by Nomura. The firm has “Buy” rating given on Thursday, February 18 by Canaccord Genuity. Maxim Group maintained the shares of AMZN in report on Tuesday, June 6 with “Buy” rating. Axiom Capital maintained it with “Buy” rating and $727 target in Tuesday, October 27 report. On Friday, July 24 the stock rating was maintained by SunTrust with “Neutral”. The stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Outperform” rating given on Wednesday, March 2 by BMO Capital Markets. The company was upgraded on Friday, February 23 by Wolfe Research.

Investors sentiment increased to 1.29 in Q4 2017. Its up 0.03, from 1.26 in 2017Q3. It is positive, as 69 investors sold AMZN shares while 578 reduced holdings. 168 funds opened positions while 667 raised stakes. 280.02 million shares or 0.09% more from 279.77 million shares in 2017Q3 were reported. Utd Automobile Association holds 453,133 shares. Old West Invest Mngmt Lc invested 0.17% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Wilbanks Smith & Thomas Asset Mgmt Limited Liability has 2,026 shares. Savant Capital Limited Liability Company owns 4,386 shares for 1.08% of their portfolio. Green Valley Investors Limited Liability holds 143,773 shares. 4,541 were reported by Alley Limited Liability. Compton Mngmt Ri reported 1,393 shares. 176 were reported by Hills National Bank & Trust And. Guardian Advisors LP holds 636 shares. Taylor Frigon Mngmt Ltd Liability has invested 1.45% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Amarillo Retail Bank owns 1,733 shares. Diversified Trust owns 2,935 shares. Parallax Volatility Advisers Lp holds 0.03% or 19,773 shares. Highline Cap Management Lp reported 4.41% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). New York-based Evercore Wealth has invested 2.58% in Amazon.com, Inc. (NASDAQ:AMZN).

Since December 7, 2017, it had 0 insider buys, and 13 selling transactions for $45.88 million activity. WILKE JEFFREY A had sold 500 shares worth $788,924 on Tuesday, March 20. $795,502 worth of Amazon.com, Inc. (NASDAQ:AMZN) was sold by Reynolds Shelley. The insider ALBERG TOM A sold 670 shares worth $1.01 million. Blackburn Jeffrey M sold $18.50 million worth of stock. Jassy Andrew R also sold $2.90 million worth of Amazon.com, Inc. (NASDAQ:AMZN) on Thursday, February 15. Zapolsky David had sold 2,216 shares worth $3.24 million.

Among 14 analysts covering Monro Muffler Brake (NASDAQ:MNRO), 5 have Buy rating, 0 Sell and 9 Hold. Therefore 36% are positive. Monro Muffler Brake had 30 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was upgraded by Evercore to “Hold” on Wednesday, August 5. The stock has “Hold” rating by Stephens on Tuesday, April 17. The firm has “Neutral” rating given on Thursday, October 27 by Northcoast. As per Tuesday, June 20, the company rating was maintained by Oppenheimer. The firm has “Hold” rating given on Tuesday, January 30 by Jefferies. Oppenheimer initiated it with “Outperform” rating and $80 target in Tuesday, March 29 report. The firm has “Buy” rating by Oppenheimer given on Thursday, July 20. Goldman Sachs initiated the stock with “Neutral” rating in Thursday, December 17 report. Jefferies maintained the shares of MNRO in report on Friday, October 23 with “Buy” rating. The stock of Monro, Inc. (NASDAQ:MNRO) earned “Hold” rating by Jefferies on Thursday, October 12.

Since February 5, 2018, it had 0 buys, and 2 sales for $708,100 activity. $555,100 worth of stock was sold by MCCLUSKI STEPHEN C on Monday, February 5.

Rafferty Asset Management Llc, which manages about $7.35 billion and $5.79B US Long portfolio, upped its stake in Huntington Ingalls Inds Inc (NYSE:HII) by 4,415 shares to 7,299 shares, valued at $1.72M in 2017Q4, according to the filing. It also increased its holding in Monolithic Pwr Sys Inc (NASDAQ:MPWR) by 14,818 shares in the quarter, for a total of 36,887 shares, and has risen its stake in Kla (NASDAQ:KLAC).

Investors sentiment increased to 1.43 in 2017 Q4. Its up 0.01, from 1.42 in 2017Q3. It increased, as 17 investors sold MNRO shares while 51 reduced holdings. 33 funds opened positions while 64 raised stakes. 35.34 million shares or 0.96% less from 35.68 million shares in 2017Q3 were reported. Fdx Advsr holds 0.04% of its portfolio in Monro, Inc. (NASDAQ:MNRO) for 28,194 shares. Fifth Third National Bank invested in 404 shares. Columbia Wanger Asset Llc has invested 0.42% in Monro, Inc. (NASDAQ:MNRO). Ny State Common Retirement Fund owns 0% invested in Monro, Inc. (NASDAQ:MNRO) for 55,884 shares. Manor Road Cap Ltd Co stated it has 5.1% of its portfolio in Monro, Inc. (NASDAQ:MNRO). Amer Interest Gp holds 25,357 shares. Teachers Retirement System Of The State Of Kentucky holds 10,300 shares. Art Advsr Ltd Liability Company holds 0.04% or 15,200 shares in its portfolio. Loring Wolcott & Coolidge Fiduciary Advsr Limited Liability Partnership Ma holds 0.02% or 19,086 shares in its portfolio. First Mercantile Company invested 0.07% of its portfolio in Monro, Inc. (NASDAQ:MNRO). Amalgamated National Bank & Trust has invested 0.01% in Monro, Inc. (NASDAQ:MNRO). State Street reported 0% of its portfolio in Monro, Inc. (NASDAQ:MNRO). Cwm Limited Liability Corp has 0.57% invested in Monro, Inc. (NASDAQ:MNRO). Principal Finance Gru Inc Inc holds 0.01% or 248,979 shares. Invesco Limited invested 0% in Monro, Inc. (NASDAQ:MNRO).

Analysts await Monro, Inc. (NASDAQ:MNRO) to report earnings on May, 17. They expect $0.49 earnings per share, up 68.97% or $0.20 from last year’s $0.29 per share. MNRO’s profit will be $16.07 million for 27.32 P/E if the $0.49 EPS becomes a reality. After $0.50 actual earnings per share reported by Monro, Inc. for the previous quarter, Wall Street now forecasts -2.00% negative EPS growth.

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

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