Public Employees Retirement System of Ohio purchased a new position in Winmark Corporation (NASDAQ:WINA - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 4,770 shares of the specialty retailer's stock, valued at approximately $2,018,000. Public Employees Retirement System of Ohio owned 0.13% of Winmark at the end of the most recent quarter.
Several other institutional investors and hedge funds have also modified their holdings of WINA. Dimensional Fund Advisors LP raised its holdings in Winmark by 5.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 74,379 shares of the specialty retailer's stock worth $31,800,000 after purchasing an additional 3,771 shares during the period. Principal Financial Group Inc. bought a new stake in Winmark during the first quarter valued at about $6,144,000. Port Capital LLC bought a new stake in Winmark during the second quarter valued at about $36,709,000. Bank of New York Mellon Corp purchased a new stake in Winmark in the second quarter worth about $13,319,000. Finally, BlackRock Inc. purchased a new stake in Winmark in the second quarter worth about $207,212,000. Hedge funds and other institutional investors own 73.32% of the company's stock.
Winmark Price Performance
Shares of NASDAQ WINA opened at $318.17 on Monday. The firm has a fifty day moving average price of $362.37 and a 200-day moving average price of $391.99. The stock has a market cap of $1.14 billion, a PE ratio of 28.87 and a beta of 0.54. Winmark Corporation has a 1 year low of $315.00 and a 1 year high of $527.37.
Winmark (NASDAQ:WINA - Get Free Report) last released 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 firm had revenue of $21.97 million for the quarter, compared to analysts' expectations of $21.67 million. Winmark had a net margin of 47.09% and a negative return on equity of 99.47%.
Winmark Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Wednesday, August 12th were given a $1.02 dividend. This represents a $4.08 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Wednesday, August 12th. Winmark's payout ratio is presently 37.02%.
Analyst Ratings Changes
Separately, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Winmark in a research report on Tuesday, July 14th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Winmark presently has an average rating of "Hold".
Read Our Latest Research Report on WINA
Winmark Company Profile
(
Free Report)
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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