Illinois Municipal Retirement Fund Makes New Investment in Winmark Corporation $WINA

Illinois Municipal Retirement Fund bought a new position in shares of Winmark Corporation (NASDAQ:WINA) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 1,508 shares of the specialty retailer’s stock, valued at approximately $645,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Principal Financial Group Inc. purchased a new stake in shares of Winmark in the first quarter valued at approximately $6,144,000. Teachers Retirement System of The State of Kentucky bought a new stake in Winmark during the 1st quarter valued at $277,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new stake in Winmark during the 1st quarter valued at $313,000. Fifth Third Bancorp purchased a new stake in shares of Winmark in the 1st quarter worth $394,000. Finally, Oregon Public Employees Retirement Fund bought a new position in shares of Winmark during the 1st quarter worth $290,000. Institutional investors own 73.32% of the company’s stock.

Winmark Stock Down 0.9%

Shares of WINA stock opened at $332.52 on Friday. The firm has a market cap of $1.19 billion, a price-to-earnings ratio of 30.17 and a beta of 0.52. Winmark Corporation has a 52-week low of $330.63 and a 52-week high of $527.37. The company’s 50 day moving average is $387.63 and its 200 day moving average is $412.88.

Winmark (NASDAQ:WINA) last posted its earnings results on Wednesday, July 15th. The specialty retailer reported $2.81 earnings per share for the quarter, missing analysts’ consensus estimates of $3.14 by ($0.33). The company had revenue of $21.97 million for the quarter, compared to analysts’ expectations of $21.67 million. Winmark had a negative return on equity of 99.47% and a net margin of 47.09%.

Winmark Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Wednesday, August 12th will be paid a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Wednesday, August 12th. Winmark’s dividend payout ratio is 37.02%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Winmark in a research note on Tuesday, July 14th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the company currently has an average rating of “Hold”.

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.