Winmark Corporation (NASDAQ:WINA – Get Free Report)’s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $416.93 and traded as low as $393.88. Winmark shares last traded at $403.71, with a volume of 28,330 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings lowered shares of Winmark from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, March 30th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock has a consensus rating of “Hold”.
View Our Latest Research Report on Winmark
Winmark Stock Down 0.3%
Winmark (NASDAQ:WINA – Get Free Report) last issued 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 business had revenue of $20.85 million for 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 was paid on Monday, June 1st. Shareholders of record on Wednesday, May 13th were paid a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Wednesday, May 13th. This is a positive change from Winmark’s previous quarterly dividend of $0.96. Winmark’s dividend payout ratio (DPR) is currently 36.76%.
Institutional Investors Weigh In On Winmark
Institutional investors and hedge funds have recently made changes to their positions in the stock. Alliancebernstein L.P. increased its position in shares of Winmark by 2,358.0% in the 2nd quarter. Alliancebernstein L.P. now owns 73,739 shares of the specialty retailer’s stock valued at $27,845,000 after acquiring an additional 70,739 shares during the period. Jacobs Levy Equity Management Inc. grew its stake in Winmark by 534.7% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 81,433 shares of the specialty retailer’s stock valued at $40,535,000 after purchasing an additional 68,603 shares during the last quarter. First Trust Advisors LP grew its stake in Winmark by 56.0% during the 4th quarter. First Trust Advisors LP now owns 152,018 shares of the specialty retailer’s stock valued at $61,558,000 after purchasing an additional 54,567 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Winmark by 97.6% in the fourth quarter. Goldman Sachs Group Inc. now owns 82,386 shares of the specialty retailer’s stock valued at $33,361,000 after purchasing an additional 40,699 shares during the period. Finally, Fisher Asset Management LLC increased its holdings in shares of Winmark by 33.2% in the third quarter. Fisher Asset Management LLC now owns 109,427 shares of the specialty retailer’s stock valued at $54,469,000 after purchasing an additional 27,275 shares during the period. 73.32% of the stock is currently owned by institutional investors and hedge funds.
About Winmark
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.
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