Winmark (NASDAQ:WINA) Hits New 12-Month High - What's Next?

Winmark Co. (NASDAQ:WINA - Get Free Report) reached a new 52-week high during trading on Friday . The company traded as high as $436.54 and last traded at $431.25, with a volume of 96565 shares. The stock had previously closed at $428.46.

Winmark Price Performance

The stock has a market capitalization of $1.53 billion, a PE ratio of 39.69 and a beta of 0.61. The business has a 50 day moving average price of $377.23 and a 200 day moving average price of $374.42.

Winmark (NASDAQ:WINA - Get Free Report) last released its quarterly earnings data on Wednesday, April 16th. The specialty retailer reported $2.71 EPS for the quarter, missing the consensus estimate of $2.74 by ($0.03). Winmark had a net margin of 49.15% and a negative return on equity of 93.24%. The business had revenue of $21.92 million for the quarter, compared to analysts' expectations of $20.91 million. During the same period last year, the business earned $2.41 earnings per share.

Winmark Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Wednesday, May 14th were given a dividend of $0.96 per share. The ex-dividend date of this dividend was Wednesday, May 14th. This is a boost from Winmark's previous quarterly dividend of $0.90. This represents a $3.84 annualized dividend and a dividend yield of 0.89%. Winmark's dividend payout ratio (DPR) is 34.32%.

Insider Activity at Winmark

In related news, CFO Anthony D. Ishaug sold 4,000 shares of the stock in a transaction on Friday, May 30th. The stock was sold at an average price of $425.95, for a total transaction of $1,703,800.00. Following the sale, the chief financial officer now directly owns 56,683 shares of the company's stock, valued at $24,144,123.85. This trade represents a 6.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 10.10% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Winmark

Institutional investors have recently modified their holdings of the business. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Winmark during the fourth quarter valued at $31,000. Sterling Capital Management LLC boosted its position in Winmark by 820.0% in the fourth quarter. Sterling Capital Management LLC now owns 92 shares of the specialty retailer's stock worth $36,000 after purchasing an additional 82 shares during the last quarter. National Bank of Canada FI boosted its position in Winmark by 147.3% in the first quarter. National Bank of Canada FI now owns 136 shares of the specialty retailer's stock worth $43,000 after purchasing an additional 81 shares during the last quarter. Smartleaf Asset Management LLC boosted its position in Winmark by 145.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 238 shares of the specialty retailer's stock worth $93,000 after purchasing an additional 141 shares during the last quarter. Finally, Point72 Asset Management L.P. purchased a new position in Winmark in the fourth quarter worth about $146,000. 73.32% of the stock is owned by hedge funds and other institutional investors.

Winmark Company Profile

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.