Winmark Corporation $WINA Stock Position Reduced by Laurus Global Equity Management Inc.

Laurus Global Equity Management Inc. lessened its position in shares of Winmark Corporation (NASDAQ:WINA) by 33.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,600 shares of the specialty retailer’s stock after selling 1,280 shares during the period. Winmark comprises 0.9% of Laurus Global Equity Management Inc.’s portfolio, making the stock its 25th largest position. Laurus Global Equity Management Inc. owned 0.07% of Winmark worth $1,053,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the company. Tower Research Capital LLC TRC grew its position in shares of Winmark by 19.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 213 shares of the specialty retailer’s stock valued at $80,000 after buying an additional 34 shares during the last quarter. Mariner LLC lifted its holdings in shares of Winmark by 3.9% in the 3rd quarter. Mariner LLC now owns 933 shares of the specialty retailer’s stock worth $464,000 after purchasing an additional 35 shares during the last quarter. Anchor Capital Advisors LLC lifted its holdings in shares of Winmark by 1.3% in the 3rd quarter. Anchor Capital Advisors LLC now owns 3,402 shares of the specialty retailer’s stock worth $1,693,000 after purchasing an additional 43 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Winmark by 1.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,229 shares of the specialty retailer’s stock worth $2,105,000 after purchasing an additional 43 shares during the last quarter. Finally, Franklin Resources Inc. lifted its holdings in shares of Winmark by 2.3% in the 3rd quarter. Franklin Resources Inc. now owns 2,025 shares of the specialty retailer’s stock worth $1,008,000 after purchasing an additional 45 shares during the last quarter. Institutional investors own 73.32% of the company’s stock.

Winmark Price Performance

Shares of WINA traded down $3.37 during midday trading on Thursday, reaching $408.29. The stock had a trading volume of 3,952 shares, compared to its average volume of 89,532. Winmark Corporation has a 52 week low of $352.18 and a 52 week high of $527.37. The firm’s 50 day moving average price is $434.25 and its 200-day moving average price is $430.47. The company has a market capitalization of $1.46 billion, a P/E ratio of 36.78 and a beta of 0.69.

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

Winmark Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Wednesday, May 13th will be paid a $1.02 dividend. The ex-dividend date of this dividend is Wednesday, May 13th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 1.0%. This is a boost from Winmark’s previous quarterly dividend of $0.96. Winmark’s dividend payout ratio (DPR) is presently 34.59%.

Analysts Set New Price Targets

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

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.