Kennedy Capital Management LLC Has $6.64 Million Holdings in Winmark Corporation $WINA

Kennedy Capital Management LLC lowered its position in shares of Winmark Corporation (NASDAQ:WINA) by 15.0% during the fourth quarter, Holdings Channel reports. The fund owned 16,405 shares of the specialty retailer’s stock after selling 2,884 shares during the quarter. Kennedy Capital Management LLC’s holdings in Winmark were worth $6,643,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Vanguard Group Inc. raised its holdings in shares of Winmark by 3.5% during the fourth quarter. Vanguard Group Inc. now owns 186,832 shares of the specialty retailer’s stock valued at $75,656,000 after acquiring an additional 6,235 shares during the period. AltraVue Capital LLC raised its holdings in shares of Winmark by 0.8% during the third quarter. AltraVue Capital LLC now owns 174,323 shares of the specialty retailer’s stock valued at $86,773,000 after acquiring an additional 1,440 shares during the period. First Trust Advisors LP raised its holdings in shares of Winmark by 56.0% during the fourth quarter. First Trust Advisors LP now owns 152,018 shares of the specialty retailer’s stock valued at $61,558,000 after acquiring an additional 54,567 shares during the period. Fisher Asset Management LLC raised its holdings in shares of Winmark by 33.2% during the third quarter. Fisher Asset Management LLC now owns 109,427 shares of the specialty retailer’s stock valued at $54,469,000 after acquiring an additional 27,275 shares during the period. Finally, Jacobs Levy Equity Management Inc. raised its holdings in shares of Winmark by 18.3% during the fourth quarter. Jacobs Levy Equity Management Inc. now owns 96,314 shares of the specialty retailer’s stock valued at $39,001,000 after acquiring an additional 14,881 shares during the period. Institutional investors and hedge funds own 73.32% of the company’s stock.

Analyst Ratings Changes

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

Winmark Stock Performance

Winmark stock opened at $402.61 on Tuesday. The firm has a market cap of $1.44 billion, a PE ratio of 36.27 and a beta of 0.54. The firm’s 50 day moving average price is $386.26 and its two-hundred day moving average price is $417.70. Winmark Corporation has a twelve month low of $338.18 and a twelve month high of $527.37.

Winmark (NASDAQ:WINA) last released its quarterly earnings data on Wednesday, April 15th. The specialty retailer reported $2.50 earnings per share 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 analyst estimates 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 business also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Wednesday, May 13th were paid a $1.02 dividend. The ex-dividend date was Wednesday, May 13th. This represents a $4.08 annualized dividend and a yield of 1.0%. This is a boost from Winmark’s previous quarterly dividend of $0.96. Winmark’s dividend payout ratio (DPR) is currently 36.76%.

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.