UBS Group AG Has $6.98 Million Stock Holdings in Winmark Corporation $WINA

UBS Group AG cut its position in shares of Winmark Corporation (NASDAQ:WINA) by 50.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 17,234 shares of the specialty retailer’s stock after selling 17,656 shares during the period. UBS Group AG’s holdings in Winmark were worth $6,979,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Cornerstone Planning Group LLC acquired a new position in shares of Winmark during the 3rd quarter worth about $36,000. State of Alaska Department of Revenue acquired a new position in Winmark in the 3rd quarter valued at about $95,000. Tower Research Capital LLC TRC grew its stake in Winmark by 19.0% in 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. Smartleaf Asset Management LLC grew its stake in Winmark by 48.5% in the 2nd 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 last quarter. Finally, Gabelli Funds LLC acquired a new position in Winmark in the 3rd quarter valued at about $224,000. 73.32% of the stock is currently owned by institutional investors and hedge funds.

Winmark Trading Down 0.6%

Shares of Winmark stock opened at $351.11 on Wednesday. The company has a market cap of $1.26 billion, a PE ratio of 31.63 and a beta of 0.55. The company has a 50 day moving average of $405.22 and a 200-day moving average of $422.31. Winmark Corporation has a 1-year low of $338.18 and a 1-year high of $527.37.

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

Winmark Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Wednesday, May 13th will be given a $1.02 dividend. This is an increase from Winmark’s previous quarterly dividend of $0.96. The ex-dividend date is Wednesday, May 13th. This represents a $4.08 annualized dividend and a yield of 1.2%. Winmark’s dividend payout ratio is currently 36.76%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings lowered shares of Winmark from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, March 30th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company 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.