4,107 Shares in Winmark Corporation $WINA Acquired by Deutsche Bank AG

Key Points

• Deutsche Bank acquired 4,107 Winmark shares worth approximately $1.74 million in the second quarter, while institutional investors and hedge funds collectively owned 73.32% of the company.
• Winmark’s stock opened at $337.25, near its 12-month low of $325.06 and well below its 12-month high of $527.37. The company reported quarterly EPS of $2.81, missing the $3.14 consensus estimate, despite revenue slightly exceeding expectations.
• Analysts maintain a “Hold” view on Winmark. The company declared a quarterly dividend of $1.02 per share, equivalent to $4.08 annually and a 1.2% yield.

Deutsche Bank AG purchased a new position in shares of Winmark Corporation (NASDAQ:WINA - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 4,107 shares of the specialty retailer's stock, valued at approximately $1,738,000. Deutsche Bank AG owned approximately 0.11% of Winmark as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently made changes to their positions in the stock. Global Retirement Partners LLC acquired a new stake in shares of Winmark during the second quarter valued at $35,000. Bank of New York Mellon Corp acquired a new position in Winmark in the 2nd quarter valued at about $13,319,000. Legacy Wealth Asset Management LLC purchased a new position in Winmark in the 2nd quarter valued at about $295,000. GAMMA Investing LLC lifted its holdings in Winmark by 141.5% in the 2nd quarter. GAMMA Investing LLC now owns 99 shares of the specialty retailer's stock valued at $42,000 after purchasing an additional 58 shares in the last quarter. Finally, Pacer Advisors Inc. acquired a new stake in shares of Winmark during the 1st quarter worth about $143,000. 73.32% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a "hold (c)" rating on shares of Winmark in a report on Tuesday, July 14th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has an average rating of "Hold".

Winmark Price Performance

NASDAQ WINA opened at $337.25 on Friday. The company has a market cap of $1.21 billion, a P/E ratio of 30.60 and a beta of 0.53. Winmark Corporation has a 12 month low of $325.06 and a 12 month high of $527.37. The company has a 50-day moving average of $371.59 and a 200-day moving average of $396.64.

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

Winmark Announces Dividend

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

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.

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