Pivot Point Capital Partners Has Increased Stake in Monro Muffler Brake (MNRO) by $7.45 Million; Tupperware Brands Corp. (TUP) Shareholder Levy Harkins & Company Raised Its Holding by $390,705

January 14, 2018 - By Maria Brooks

James A. Noonan increased its stake in Monro Muffler Brake Inc (MNRO) by 59.53% based on its latest 2017Q3 regulatory filing with the SEC. Pivot Point Capital Partners Llc bought 133,100 shares as the company’s stock declined 12.59% while stock markets rallied. The hedge fund run by James A. Noonan held 356,700 shares of the consumer services company at the end of 2017Q3, valued at $19.99 million, up from 223,600 at the end of the previous reported quarter. Pivot Point Capital Partners Llc who had been investing in Monro Muffler Brake Inc for a number of months, seems to be bullish on the $1.97B market cap company. The stock increased 2.04% or $1.2 during the last trading session, reaching $60.05. About 233,220 shares traded. Monro, Inc. (NASDAQ:MNRO) has declined 18.88% since January 14, 2017 and is downtrending. It has underperformed by 35.58% the S&P500.

Levy Harkins & Company Inc increased its stake in Tupperware Brands Corp. (TUP) by 3.49% based on its latest 2017Q3 regulatory filing with the SEC. Levy Harkins & Company Inc bought 6,405 shares as the company’s stock rose 19.02% with the market. The hedge fund held 190,136 shares of the plastic products company at the end of 2017Q3, valued at $11.75M, up from 183,731 at the end of the previous reported quarter. Levy Harkins & Company Inc who had been investing in Tupperware Brands Corp. for a number of months, seems to be bullish on the $3.30B market cap company. The stock increased 1.26% or $0.81 during the last trading session, reaching $64.9. About 525,110 shares traded or 32.18% up from the average. Tupperware Brands Corporation (NYSE:TUP) has risen 29.01% since January 14, 2017 and is uptrending. It has outperformed by 12.31% the S&P500.

Investors sentiment increased to 1.23 in Q3 2017. Its up 0.11, from 1.12 in 2017Q2. It is positive, as 48 investors sold TUP shares while 91 reduced holdings. 53 funds opened positions while 118 raised stakes. 40.08 million shares or 2.73% less from 41.21 million shares in 2017Q2 were reported. Tci Wealth Advsr invested in 0.01% or 327 shares. Mcrae Cap invested 2.63% of its portfolio in Tupperware Brands Corporation (NYSE:TUP). Zevin Asset Mngmt Ltd has invested 0.12% of its portfolio in Tupperware Brands Corporation (NYSE:TUP). Amp holds 0.01% in Tupperware Brands Corporation (NYSE:TUP) or 26,609 shares. Grantham Mayo Van Otterloo Communication Lc accumulated 37,827 shares. Commonwealth Of Pennsylvania Public School Empls Retrmt reported 7,422 shares stake. Liberty Mutual Group Asset Mgmt holds 13,268 shares or 0.04% of its portfolio. 55,800 were accumulated by Numeric Investors Ltd Company. Shine Invest Advisory Services has invested 0% in Tupperware Brands Corporation (NYSE:TUP). Scotia Capital Inc holds 0.01% or 13,201 shares in its portfolio. First Allied Advisory Ser holds 0.01% of its portfolio in Tupperware Brands Corporation (NYSE:TUP) for 5,549 shares. Profund Advisors Ltd Liability owns 0.01% invested in Tupperware Brands Corporation (NYSE:TUP) for 5,711 shares. Prudential Public Ltd Company has invested 0.12% in Tupperware Brands Corporation (NYSE:TUP). Creative Planning invested in 0% or 3,493 shares. Cantab Prtn Ltd Liability Partnership holds 16,812 shares.

Since August 1, 2017, it had 0 insider purchases, and 3 sales for $361,184 activity.

Among 8 analysts covering Tupperware Brands Corporation (NYSE:TUP), 1 have Buy rating, 1 Sell and 6 Hold. Therefore 13% are positive. Tupperware Brands Corporation had 18 analyst reports since July 24, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Monday, September 4 by KeyBanc Capital Markets. Citigroup maintained Tupperware Brands Corporation (NYSE:TUP) on Friday, March 18 with “Neutral” rating. The firm has “Neutral” rating given on Thursday, January 28 by Piper Jaffray. As per Wednesday, September 2, the company rating was maintained by JP Morgan. As per Thursday, October 8, the company rating was downgraded by Bank of America. KeyBanc Capital Markets maintained the shares of TUP in report on Tuesday, November 21 with “Hold” rating. The firm has “Equal-Weight” rating by Morgan Stanley given on Thursday, October 26. The firm has “Neutral” rating by B. Riley & Co given on Thursday, April 21. The rating was maintained by B. Riley & Co with “Neutral” on Friday, October 21. As per Friday, February 26, the company rating was downgraded by KeyBanc Capital Markets.

Levy Harkins & Company Inc, which manages about $216.28 million and $303.84 million US Long portfolio, decreased its stake in Nautilus (NYSE:NLS) by 19,531 shares to 188,518 shares, valued at $3.19 million in 2017Q3, according to the filing.

Among 12 analysts covering Monro Muffler Brake (NASDAQ:MNRO), 4 have Buy rating, 0 Sell and 8 Hold. Therefore 33% are positive. Monro Muffler Brake had 25 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Buy” rating by Jefferies given on Monday, September 11. The stock has “Equal-Weight” rating by Stephens on Thursday, June 29. Susquehanna downgraded Monro, Inc. (NASDAQ:MNRO) on Tuesday, June 20 to “Neutral” rating. The firm earned “Hold” rating on Thursday, October 12 by Jefferies. On Monday, September 28 the stock rating was initiated by CL King with “Neutral”. The firm has “Buy” rating given on Tuesday, September 15 by Jefferies. The firm earned “Outperform” rating on Tuesday, March 29 by Oppenheimer. The firm has “Neutral” rating given on Thursday, December 17 by Goldman Sachs. The stock of Monro, Inc. (NASDAQ:MNRO) has “Hold” rating given on Tuesday, October 24 by KeyBanc Capital Markets. Goldman Sachs maintained it with “Neutral” rating and $77 target in Wednesday, April 6 report.

Investors sentiment increased to 1.42 in 2017 Q3. Its up 0.20, from 1.22 in 2017Q2. It is positive, as 25 investors sold MNRO shares while 41 reduced holdings. 31 funds opened positions while 63 raised stakes. 35.68 million shares or 7.15% more from 33.30 million shares in 2017Q2 were reported. 24,581 are held by Gsa Capital Partners Llp. National Bank & Trust Of Montreal Can, a Ontario – Canada-based fund reported 212,761 shares. Moreover, Envestnet Asset Mgmt has 0% invested in Monro, Inc. (NASDAQ:MNRO). Victory Cap Mgmt Incorporated reported 3,181 shares. California State Teachers Retirement Systems reported 50,781 shares. 2.90 million are owned by Wasatch Advisors Inc. New York State Teachers Retirement System stated it has 30,774 shares or 0% of all its holdings. Summit Creek Advsrs Ltd Liability Com holds 2.56% or 232,071 shares. Fenimore Asset Management holds 0.57% in Monro, Inc. (NASDAQ:MNRO) or 252,845 shares. Citadel Advsrs has 0% invested in Monro, Inc. (NASDAQ:MNRO). Royal Commercial Bank Of Canada reported 0.01% stake. State Of Alaska Department Of Revenue stated it has 0.02% in Monro, Inc. (NASDAQ:MNRO). Credit Suisse Ag has 25,932 shares for 0% of their portfolio. 20 were accumulated by Parkside Bank. Principal Finance accumulated 262,144 shares or 0.01% of the stock.

Pivot Point Capital Partners Llc, which manages about $245.50M and $125.50M US Long portfolio, decreased its stake in Clean Harbors Inc (NYSE:CLH) by 188,256 shares to 233,328 shares, valued at $13.23 million in 2017Q3, according to the filing.

Since August 1, 2017, it had 0 insider purchases, and 2 insider sales for $3.15 million activity. GROSS ROBERT G also sold $3.05 million worth of Monro, Inc. (NASDAQ:MNRO) shares.

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