Winmark Corporation $WINA Stock: Copeland Capital Management LLC Increases Holdings

Key Points

• Copeland Capital Management increased its Winmark stake by 55.2% in the third quarter, acquiring 34,832 additional shares and bringing its holdings to 97,891 shares valued at approximately $29.4 million.
• Institutional investors and hedge funds own 73.32% of Winmark, with BlackRock, Port Capital, Bank of New York Mellon, Bank of America and Principal Financial Group among those recently establishing or expanding positions.
• Winmark carries an average analyst rating of “Hold”, while its stock opened at $282.38 and has fallen substantially from its 12-month high of $488.83. The company’s latest quarterly EPS of $2.81 missed the $3.14 consensus estimate, although revenue slightly exceeded forecasts.

Copeland Capital Management LLC lifted its stake in shares of Winmark Corporation (NASDAQ:WINA - Free Report) by 55.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 97,891 shares of the specialty retailer's stock after acquiring an additional 34,832 shares during the quarter. Copeland Capital Management LLC owned 2.73% of Winmark worth $29,386,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of WINA. BlackRock Inc. acquired a new stake in shares of Winmark during the second quarter valued at approximately $207,212,000. Port Capital LLC acquired a new stake in shares of Winmark in the second quarter worth $36,709,000. Bank of New York Mellon Corp acquired a new stake in shares of Winmark in the second quarter worth $13,319,000. Bank of America Corp DE purchased a new position in shares of Winmark during the second quarter valued at $6,524,000. Finally, Principal Financial Group Inc. purchased a new position in shares of Winmark during the first quarter valued at $6,144,000. 73.32% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Weiss Ratings lowered Winmark from a "hold (c)" rating to a "hold (c-)" rating in a research report on Friday, September 18th. One research analyst has rated the stock with a Hold rating. According to MarketBeat.com, the company has an average rating of "Hold".

Winmark Stock Performance

Winmark stock opened at $282.38 on Wednesday. Winmark Corporation has a twelve month low of $280.05 and a twelve month high of $488.83. The firm has a market cap of $1.01 billion, a PE ratio of 25.62 and a beta of 0.57. The firm's 50 day moving average price is $319.80 and its two-hundred day moving average price is $364.21.

Winmark (NASDAQ:WINA - Get Free Report) last issued 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 for the quarter, compared to analyst estimates of $21.67 million.

Winmark Company Profile

Winmark Corporation is a franchising and equipment-leasing company headquartered in Minneapolis, Minnesota. Through its franchise business, the company supports a portfolio of retail brands focused primarily on the resale of apparel, children's products, sporting goods and musical instruments.

Winmark's principal franchise concepts include Plato's Closet, Once Upon a Child, Play It Again Sports, Style Encore and Music Go Round. These stores acquire and resell gently used merchandise, offering consumers lower-cost alternatives while providing opportunities for individuals to operate locally owned businesses.

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