Copeland Capital Management LLC Sells 3,468 Shares of Winmark Corporation $WINA

Key Points

• Copeland Capital Management trimmed its stake in Winmark by 5.0%, selling 3,468 shares and now owning 66,135 shares (1.86% of the company) valued at about $26.78 million, while institutional investors hold 73.32% of the stock.
• Recent results missed expectations: Winmark reported $2.50 EPS versus $2.70 expected and revenue of $20.85M versus $21.09M, with shares down 2.8% to $400.30; the company has a ~$1.43B market cap and a P/E of 36.06.
• Dividend raised and rating cut: Winmark increased its quarterly dividend to $1.02 ($4.08 annualized, ~1.0% yield), while Weiss Ratings downgraded the stock to a "Hold" and the consensus on MarketBeat is also "Hold."

Copeland Capital Management LLC decreased its holdings in Winmark Corporation (NASDAQ:WINA - Free Report) by 5.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 66,135 shares of the specialty retailer's stock after selling 3,468 shares during the quarter. Copeland Capital Management LLC owned 1.86% of Winmark worth $26,781,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. AltraVue Capital LLC lifted its position in Winmark by 0.8% in the 3rd 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 in the last quarter. Fisher Asset Management LLC lifted its position in Winmark by 33.2% in the 3rd 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 in the last quarter. First Trust Advisors LP lifted its position in Winmark by 121.0% in the 3rd quarter. First Trust Advisors LP now owns 97,451 shares of the specialty retailer's stock valued at $48,508,000 after acquiring an additional 53,365 shares in the last quarter. Jacobs Levy Equity Management Inc. lifted its position in shares of Winmark by 534.7% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 81,433 shares of the specialty retailer's stock worth $40,535,000 after buying an additional 68,603 shares in the last quarter. Finally, Alliancebernstein L.P. lifted its position in shares of Winmark by 7.2% during the 3rd quarter. Alliancebernstein L.P. now owns 79,025 shares of the specialty retailer's stock worth $39,336,000 after buying an additional 5,286 shares in the last quarter. Institutional investors own 73.32% of the company's stock.

Winmark Stock Down 2.8%

Shares of WINA stock opened at $400.30 on Friday. The company has a 50 day moving average of $433.47 and a 200-day moving average of $430.26. Winmark Corporation has a 12-month low of $352.18 and a 12-month high of $527.37. The firm has a market cap of $1.43 billion, a P/E ratio of 36.06 and a beta of 0.69.

Winmark (NASDAQ:WINA - Get Free Report) last issued its quarterly earnings results on Wednesday, April 22nd. The specialty retailer reported $2.50 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.70 by ($0.20). Winmark had a negative return on equity of 100.45% and a net margin of 48.19%.The company had revenue of $20.85 million for the quarter, compared to analysts' expectations of $21.09 million.

Winmark Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Wednesday, May 13th will be paid a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Wednesday, May 13th. This is an increase from Winmark's previous quarterly dividend of $0.96. Winmark's dividend payout ratio (DPR) is 34.59%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings cut shares of Winmark from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Monday, March 30th. One analyst has rated the stock with a Hold rating, According to MarketBeat, Winmark presently 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.

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