Vanguard Group Inc. Boosts Holdings in Winmark Corporation $WINA

Vanguard Group Inc. raised its holdings in Winmark Corporation (NASDAQ:WINA) by 3.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 186,832 shares of the specialty retailer’s stock after buying an additional 6,235 shares during the quarter. Vanguard Group Inc. owned approximately 5.25% of Winmark worth $75,656,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. grew its holdings in Winmark by 775.0% in the 3rd quarter. Geneos Wealth Management Inc. now owns 70 shares of the specialty retailer’s stock valued at $35,000 after buying an additional 62 shares during the period. Cornerstone Planning Group LLC purchased a new stake in Winmark in the 3rd quarter valued at about $36,000. Tower Research Capital LLC TRC grew its holdings in Winmark by 19.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 213 shares of the specialty retailer’s stock valued at $80,000 after buying an additional 34 shares during the period. State of Alaska Department of Revenue purchased a new stake in Winmark in the 3rd quarter valued at about $95,000. Finally, Smartleaf Asset Management LLC grew its holdings in Winmark by 48.5% in the 2nd quarter. Smartleaf Asset Management LLC now owns 355 shares of the specialty retailer’s stock valued at $133,000 after buying an additional 116 shares during the period. Hedge funds and other institutional investors own 73.32% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings cut Winmark from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, March 30th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has a consensus rating of “Hold”.

Winmark Stock Up 2.7%

NASDAQ WINA opened at $361.83 on Friday. The stock has a market cap of $1.30 billion, a PE ratio of 32.60 and a beta of 0.55. Winmark Corporation has a fifty-two week low of $339.93 and a fifty-two week high of $527.37. The business has a 50 day moving average price of $411.30 and a two-hundred day moving average price of $423.44.

Winmark (NASDAQ:WINA) last released its quarterly earnings results on Wednesday, April 15th. The specialty retailer reported $2.50 earnings per share for the quarter, missing analysts’ consensus estimates of $2.70 by ($0.20). The company had revenue of $20.85 million during the quarter, compared to analysts’ expectations of $21.09 million. Winmark had a negative return on equity of 100.45% and a net margin of 48.19%.

Winmark Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Wednesday, May 13th will be issued a $1.02 dividend. The ex-dividend date is Wednesday, May 13th. This represents a $4.08 dividend on an annualized basis and a yield of 1.1%. This is a boost from Winmark’s previous quarterly dividend of $0.96. Winmark’s dividend payout ratio (DPR) is currently 36.76%.

Winmark Profile

Winmark Corporation (NASDAQ: WINA) is a franchisor of retail resale stores, specializing in the resale of apparel, sporting goods, children’s and maternity clothing, toys, and entertainment media. Through its portfolio of well-known brands—such as Plato’s Closet, Once Upon a Child, Play It Again Sports, and Style Encore—Winmark provides aspiring entrepreneurs the opportunity to own and operate neighborhood resale businesses. The company supports its franchisees with site selection, store design, training programs, and ongoing marketing assistance, emphasizing a turnkey approach to retail entrepreneurship.

Each of Winmark’s franchised brands targets a distinct consumer segment.