Winmark Co. (NASDAQ:WINA - Get Free Report) shares saw an uptick in trading volume on Friday . 20,523 shares traded hands during mid-day trading, a decline of 15% from the previous session's volume of 24,247 shares.The stock last traded at $307.06 and had previously closed at $308.43.
Winmark Stock Performance
The stock has a 50 day moving average price of $361.64 and a two-hundred day moving average price of $378.02. The company has a market capitalization of $1.14 billion, a PE ratio of 29.62 and a beta of 0.89.
Winmark (NASDAQ:WINA - Get Free Report) last announced its quarterly earnings results on Wednesday, February 19th. The specialty retailer reported $2.60 EPS for the quarter, missing the consensus estimate of $2.65 by ($0.05). Winmark had a net margin of 49.15% and a negative return on equity of 93.24%. The company had revenue of $19.55 million during the quarter, compared to analyst estimates of $20.25 million.
Winmark Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Wednesday, February 12th were given a dividend of $0.90 per share. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $3.60 annualized dividend and a dividend yield of 1.12%. Winmark's dividend payout ratio is currently 33.06%.
Hedge Funds Weigh In On Winmark
Several large investors have recently modified their holdings of WINA. Congress Asset Management Co. raised its holdings in Winmark by 73.3% in the 4th quarter. Congress Asset Management Co. now owns 15,823 shares of the specialty retailer's stock valued at $6,220,000 after buying an additional 6,690 shares during the last quarter. Allspring Global Investments Holdings LLC bought a new stake in Winmark in the 4th quarter valued at about $351,000. Barclays PLC raised its stake in Winmark by 117.7% in the 3rd quarter. Barclays PLC now owns 6,073 shares of the specialty retailer's stock valued at $2,325,000 after acquiring an additional 3,284 shares during the period. Northstar Asset Management Inc. bought a new stake in shares of Winmark during the fourth quarter valued at about $1,200,000. Finally, Nisa Investment Advisors LLC increased its position in shares of Winmark by 1,087.1% during the fourth quarter. Nisa Investment Advisors LLC now owns 736 shares of the specialty retailer's stock valued at $289,000 after buying an additional 674 shares during the period. 73.32% of the stock is owned by 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.
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