William Blair Investment Management LLC Sells 18,854 Shares of Winmark Corporation $WINA

William Blair Investment Management LLC decreased its position in shares of Winmark Corporation (NASDAQ:WINA) by 26.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 51,781 shares of the specialty retailer’s stock after selling 18,854 shares during the quarter. William Blair Investment Management LLC owned about 1.45% of Winmark worth $20,968,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of WINA. Royal Bank of Canada boosted its stake in Winmark by 7.7% during the 1st quarter. Royal Bank of Canada now owns 9,885 shares of the specialty retailer’s stock worth $3,143,000 after acquiring an additional 708 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Winmark by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,736 shares of the specialty retailer’s stock worth $552,000 after acquiring an additional 77 shares during the last quarter. Dynamic Technology Lab Private Ltd boosted its stake in Winmark by 36.8% during the 1st quarter. Dynamic Technology Lab Private Ltd now owns 766 shares of the specialty retailer’s stock worth $243,000 after acquiring an additional 206 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in Winmark by 28.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 21,279 shares of the specialty retailer’s stock worth $6,764,000 after acquiring an additional 4,653 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Winmark by 6.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,252 shares of the specialty retailer’s stock worth $1,987,000 after acquiring an additional 386 shares during the last quarter. Institutional investors own 73.32% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings lowered shares of Winmark from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, March 30th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

Winmark Price Performance

NASDAQ WINA opened at $364.86 on Tuesday. Winmark Corporation has a 12-month low of $338.18 and a 12-month high of $527.37. The company has a market capitalization of $1.31 billion, a PE ratio of 32.87 and a beta of 0.55. The firm’s 50 day moving average is $398.38 and its 200-day moving average is $421.10.

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

Winmark Increases Dividend

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