Winmark Co. (NASDAQ:WINA - Get Free Report)'s stock price reached a new 52-week low on Thursday . The company traded as low as $295.79 and last traded at $310.12, with a volume of 22442 shares changing hands. The stock had previously closed at $323.49.
Winmark Stock Down 2.1 %
The firm has a 50 day moving average price of $340.51 and a two-hundred day moving average price of $373.55. The company has a market capitalization of $1.13 billion, a price-to-earnings ratio of 29.41 and a beta of 0.64.
Winmark (NASDAQ:WINA - Get Free Report) last issued its quarterly earnings data on Wednesday, February 19th. The specialty retailer reported $2.60 earnings per share for the quarter, missing analysts' consensus estimates of $2.65 by ($0.05). Winmark had a net margin of 49.15% and a negative return on equity of 93.24%. The business had revenue of $19.55 million for the quarter, compared to analyst estimates of $20.25 million.
Winmark Cuts Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Wednesday, February 12th were issued a $0.90 dividend. The ex-dividend date was Wednesday, February 12th. This represents a $3.60 annualized dividend and a yield of 1.12%. Winmark's dividend payout ratio is presently 33.06%.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in the stock. Point72 Asia Singapore Pte. Ltd. acquired a new position in Winmark in the fourth quarter worth about $31,000. Sterling Capital Management LLC lifted its holdings in Winmark by 820.0% during the 4th quarter. Sterling Capital Management LLC now owns 92 shares of the specialty retailer's stock worth $36,000 after buying an additional 82 shares during the last quarter. Smartleaf Asset Management LLC grew its position in shares of Winmark by 145.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 238 shares of the specialty retailer's stock worth $93,000 after acquiring an additional 141 shares in the last quarter. Point72 Asset Management L.P. bought a new stake in shares of Winmark in the 4th quarter valued at approximately $146,000. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in shares of Winmark during the 4th quarter valued at approximately $220,000. 73.32% of the stock is owned by institutional investors and hedge funds.
Winmark Company Profile
(
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.
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