Winmark (NASDAQ:WINA) Share Price Passes Below 200-Day Moving Average – What’s Next?

Winmark Corporation (NASDAQ:WINA) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $435.50 and traded as low as $427.03. Winmark shares last traded at $438.19, with a volume of 80,304 shares traded.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “buy (b-)” rating on shares of Winmark in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, Winmark presently has an average rating of “Buy”.

Winmark Price Performance

The company’s fifty day moving average price is $429.71 and its 200 day moving average price is $435.50. The company has a market cap of $1.56 billion, a PE ratio of 39.05 and a beta of 0.68.

Winmark Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Wednesday, February 11th will be given a dividend of $0.96 per share. The ex-dividend date of this dividend is Wednesday, February 11th. This represents a $3.84 annualized dividend and a dividend yield of 0.9%. Winmark’s dividend payout ratio (DPR) is currently 34.22%.

Institutional Investors Weigh In On Winmark

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Creative Planning grew its position in shares of Winmark by 38.2% during the 2nd quarter. Creative Planning now owns 5,227 shares of the specialty retailer’s stock valued at $1,974,000 after acquiring an additional 1,445 shares during the period. Geode Capital Management LLC lifted its position in Winmark by 1.1% during the second quarter. Geode Capital Management LLC now owns 75,665 shares of the specialty retailer’s stock valued at $28,575,000 after purchasing an additional 849 shares in the last quarter. Montrusco Bolton Investments Inc. bought a new stake in Winmark during the second quarter valued at about $230,000. Fisher Asset Management LLC purchased a new stake in Winmark in the second quarter worth about $31,021,000. Finally, Vest Financial LLC raised its stake in shares of Winmark by 137.2% in the third quarter. Vest Financial LLC now owns 6,097 shares of the specialty retailer’s stock worth $3,035,000 after buying an additional 3,527 shares during the period. 73.32% of the stock is currently owned by institutional investors.

Winmark Company 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.