Winmark Corporation $WINA Stock: Schwartz Investment Counsel Inc. Increases Stake

Schwartz Investment Counsel Inc. raised its stake in Winmark Corporation (NASDAQ:WINA) by 26.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 33,875 shares of the specialty retailer’s stock after purchasing an additional 6,995 shares during the quarter. Schwartz Investment Counsel Inc. owned 0.95% of Winmark worth $10,169,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in WINA. State of Wyoming grew its holdings in shares of Winmark by 144.8% in the first quarter. State of Wyoming now owns 71 shares of the specialty retailer’s stock worth $30,000 after purchasing an additional 42 shares during the last quarter. Global Retirement Partners LLC bought a new stake in Winmark during the 2nd quarter valued at $35,000. GAMMA Investing LLC raised its holdings in Winmark by 141.5% during the 2nd quarter. GAMMA Investing LLC now owns 99 shares of the specialty retailer’s stock valued at $42,000 after buying an additional 58 shares during the last quarter. Integrated Wealth Concepts LLC bought a new stake in Winmark during the 2nd quarter valued at $46,000. Finally, Signaturefd LLC boosted its position in Winmark by 162.5% during the 3rd quarter. Signaturefd LLC now owns 231 shares of the specialty retailer’s stock valued at $69,000 after buying an additional 143 shares during the period. Hedge funds and other institutional investors own 73.32% of the company’s stock.

Winmark Stock Performance

Shares of NASDAQ:WINA opened at $281.00 on Wednesday. Winmark Corporation has a 1 year low of $275.47 and a 1 year high of $488.83. The stock’s 50-day moving average is $307.74 and its 200 day moving average is $381.23.

Winmark (NASDAQ:WINA) last released its quarterly earnings results on Wednesday, October 14th. The specialty retailer reported $3.21 EPS for the quarter, missing analysts’ consensus estimates of $3.23 by ($0.02). The business had revenue of $27.89 million during the quarter, compared to analyst estimates of $23.99 million.

Winmark Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Wednesday, November 11th will be paid a dividend of $1.02 per share. The ex-dividend date of this dividend is Tuesday, November 10th. This represents a $4.08 annualized dividend and a dividend yield of 1.5%.

Analysts Set New Price Targets

Separately, Weiss Ratings cut shares of Winmark from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, September 18th. One analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, Winmark currently has an average rating of “Hold”.

Winmark Company Profile

Winmark Corporation is a franchisor that develops and supports resale and specialty retail businesses in the United States and Canada. Its franchise concepts focus on buying and selling gently used merchandise, offering consumers value-oriented alternatives to traditional retail while providing franchisees with established brand systems and operational support.

The company’s retail brands include Plato’s Closet, which specializes in fashion and accessories for teens and young adults; Once Upon A Child, which sells children’s clothing, toys and equipment; Play It Again Sports, which focuses on new and used sporting goods; Style Encore, which offers women’s resale fashion; and Music Go Round, which specializes in used and new musical instruments and equipment.