Bank of New York Mellon Corp grew its holdings in shares of Winmark Corporation (NASDAQ:WINA – Free Report) by 31.6% in the first quarter, HoldingsChannel.com reports. The fund owned 30,770 shares of the specialty retailer’s stock after purchasing an additional 7,384 shares during the period. Bank of New York Mellon Corp’s holdings in Winmark were worth $13,156,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. Caitong International Asset Management Co. Ltd bought a new position in Winmark during the fourth quarter valued at approximately $50,000. Global Retirement Partners LLC raised its holdings in Winmark by 265.4% in the fourth quarter. Global Retirement Partners LLC now owns 190 shares of the specialty retailer’s stock worth $77,000 after purchasing an additional 138 shares in the last quarter. Tower Research Capital LLC TRC raised its holdings in Winmark by 19.0% in the second quarter. Tower Research Capital LLC TRC now owns 213 shares of the specialty retailer’s stock worth $80,000 after purchasing an additional 34 shares in the last quarter. Smartleaf Asset Management LLC lifted its position in Winmark by 48.5% during the second 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. Finally, CWM LLC lifted its position in Winmark by 24.3% during the fourth quarter. CWM LLC now owns 476 shares of the specialty retailer’s stock valued at $193,000 after buying an additional 93 shares during the period. 73.32% of the stock is owned by hedge funds and other institutional investors.
Winmark Trading Up 0.6%
Shares of WINA stock opened at $333.50 on Friday. Winmark Corporation has a 12-month low of $325.06 and a 12-month high of $527.37. The stock’s 50-day moving average price is $385.57 and its 200-day moving average price is $409.65. The stock has a market capitalization of $1.20 billion, a price-to-earnings ratio of 30.26 and a beta of 0.52.
Winmark Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Wednesday, August 12th will be given a dividend of $1.02 per share. The ex-dividend date of this dividend is Wednesday, August 12th. This represents a $4.08 dividend on an annualized basis and a yield of 1.2%. Winmark’s dividend payout ratio is presently 37.02%.
Analyst Ratings Changes
Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Winmark in a research report on Tuesday, July 14th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company presently has an average rating of “Hold”.
View Our Latest Analysis on WINA
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.
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