9,550 Shares in Winmark Corporation $WINA Purchased by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC purchased a new stake in shares of Winmark Corporation (NASDAQ:WINA) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 9,550 shares of the specialty retailer’s stock, valued at approximately $4,754,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. increased its holdings in shares of Winmark by 775.0% during the third quarter. Geneos Wealth Management Inc. now owns 70 shares of the specialty retailer’s stock worth $35,000 after buying an additional 62 shares in the last quarter. Cornerstone Planning Group LLC acquired a new position in shares of Winmark in the 3rd quarter worth approximately $36,000. Elevation Point Wealth Partners LLC acquired a new stake in Winmark during the 2nd quarter valued at $43,000. CWM LLC increased its holdings in Winmark by 358.8% during the 2nd quarter. CWM LLC now owns 156 shares of the specialty retailer’s stock valued at $59,000 after purchasing an additional 122 shares in the last quarter. Finally, Tower Research Capital LLC TRC raised its position in Winmark by 19.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 213 shares of the specialty retailer’s stock valued at $80,000 after purchasing an additional 34 shares during the last quarter. 73.32% of the stock is currently owned by institutional investors and hedge funds.

Winmark Price Performance

WINA stock opened at $480.67 on Wednesday. The company has a 50 day moving average price of $440.28 and a 200 day moving average price of $444.18. Winmark Corporation has a fifty-two week low of $295.79 and a fifty-two week high of $527.37. The stock has a market capitalization of $1.72 billion, a PE ratio of 42.50 and a beta of 0.68.

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

Winmark Announces Dividend

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

Wall Street Analyst Weigh In

Separately, Weiss Ratings cut Winmark from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, February 26th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Winmark presently has a consensus rating of “Hold”.

Winmark Profile

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.