Winmark Co. (NASDAQ:WINA - Get Free Report)'s stock price fell 2.4% during mid-day trading on Thursday . The company traded as low as $332.02 and last traded at $333.00. 14,372 shares were traded during mid-day trading, a decline of 45% from the average session volume of 26,358 shares. The stock had previously closed at $341.09.
Winmark Price Performance
The company has a market capitalization of $1.17 billion, a price-to-earnings ratio of 30.42 and a beta of 0.85. The stock has a fifty day simple moving average of $365.56 and a 200-day simple moving average of $392.18.
Winmark (NASDAQ:WINA - Get Free Report) last announced its earnings results on Wednesday, February 21st. The specialty retailer reported $2.64 earnings per share for the quarter. The business had revenue of $20.04 million during the quarter. Winmark had a negative return on equity of 83.98% and a net margin of 48.27%.
Winmark Cuts Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Wednesday, February 14th were given a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 0.95%. The ex-dividend date of this dividend was Tuesday, February 13th. Winmark's payout ratio is 29.01%.
Institutional Trading of Winmark
Several large investors have recently made changes to their positions in WINA. Grantham Mayo Van Otterloo & Co. LLC grew its holdings in Winmark by 20.2% in the 3rd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 8,734 shares of the specialty retailer's stock valued at $3,259,000 after buying an additional 1,467 shares in the last quarter. Legato Capital Management LLC grew its holdings in Winmark by 1,897.4% in the 2nd quarter. Legato Capital Management LLC now owns 15,939 shares of the specialty retailer's stock valued at $5,299,000 after buying an additional 15,141 shares in the last quarter. Liontrust Investment Partners LLP purchased a new stake in Winmark in the 3rd quarter valued at $981,000. Charles Schwab Investment Management Inc. grew its holdings in Winmark by 5.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 22,107 shares of the specialty retailer's stock valued at $8,249,000 after buying an additional 1,062 shares in the last quarter. Finally, Public Employees Retirement System of Ohio grew its holdings in Winmark by 71.3% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 6,898 shares of the specialty retailer's stock valued at $2,574,000 after buying an additional 2,870 shares in the last quarter. 73.32% of the stock is currently owned by hedge funds and other institutional investors.
About Winmark
(
Get Free Report)
Winmark Corporation, a resale company operates as a franchisor for small business in the United States and Canada. The company franchises retail stores concepts that buy, sell and trade merchandise. It also operates middle-market equipment leasing business. In addition, the company buys and sells used clothing and accessories geared toward the teenage and young adult market under Plato's Closet brand; and operates stores which buys and sells used and new children's clothing, toys, furniture, equipment, and accessories primarily to parents of children ages infant to 12 years under the Once Upon A Child brand.
Further Reading
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