Winmark Corporation $WINA Shares Acquired by William Blair Investment Management LLC

William Blair Investment Management LLC lifted its stake in shares of Winmark Corporation (NASDAQ:WINA) by 16.1% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 70,635 shares of the specialty retailer’s stock after acquiring an additional 9,800 shares during the period. William Blair Investment Management LLC owned 1.98% of Winmark worth $35,160,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of WINA. Tower Research Capital LLC TRC increased its position in Winmark by 19.0% during the second quarter. Tower Research Capital LLC TRC now owns 213 shares of the specialty retailer’s stock worth $80,000 after purchasing an additional 34 shares during the last quarter. Anchor Capital Advisors LLC grew its stake in shares of Winmark by 1.3% in the 3rd quarter. Anchor Capital Advisors LLC now owns 3,402 shares of the specialty retailer’s stock valued at $1,693,000 after buying an additional 43 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of Winmark by 1.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,229 shares of the specialty retailer’s stock worth $2,105,000 after buying an additional 43 shares during the last quarter. The Manufacturers Life Insurance Company raised its position in shares of Winmark by 3.7% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,573 shares of the specialty retailer’s stock valued at $594,000 after buying an additional 56 shares during the period. Finally, Geneos Wealth Management Inc. raised its position in shares of Winmark by 775.0% during the 3rd quarter. Geneos Wealth Management Inc. now owns 70 shares of the specialty retailer’s stock valued at $35,000 after buying an additional 62 shares during the period. Hedge funds and other institutional investors own 73.32% of the company’s stock.

Winmark Stock Performance

Shares of WINA stock opened at $456.24 on Monday. The firm has a market cap of $1.63 billion, a P/E ratio of 40.34 and a beta of 0.67. The firm’s 50 day moving average price is $437.60 and its 200-day moving average price is $443.51. Winmark Corporation has a one year low of $295.79 and a one year high of $527.37.

Winmark (NASDAQ:WINA) last announced its earnings results on Wednesday, February 18th. The specialty retailer reported $2.69 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.09). Winmark had a net margin of 48.40% and a negative return on equity of 102.34%. The firm had revenue of $21.09 million during the quarter, compared to analysts’ expectations of $21.09 million.

Winmark Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Wednesday, February 11th will be paid a dividend of $0.96 per share. The ex-dividend date of this dividend is Wednesday, February 11th. This represents a $3.84 annualized dividend and a yield of 0.8%. Winmark’s dividend payout ratio is presently 33.95%.

Analyst Ratings Changes

Separately, Weiss Ratings cut Winmark from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold”.

About Winmark

Winmark Corporation (NASDAQ: WINA) is a franchisor of retail resale stores, specializing in the resale of apparel, sporting goods, children’s and maternity clothing, toys, and entertainment media. Through its portfolio of well-known brands—such as Plato’s Closet, Once Upon a Child, Play It Again Sports, and Style Encore—Winmark provides aspiring entrepreneurs the opportunity to own and operate neighborhood resale businesses. The company supports its franchisees with site selection, store design, training programs, and ongoing marketing assistance, emphasizing a turnkey approach to retail entrepreneurship.

Each of Winmark’s franchised brands targets a distinct consumer segment.