Rockefeller Capital Management L.P. Sells 10,360 Shares of Winmark Corporation $WINA

Rockefeller Capital Management L.P. trimmed its holdings in Winmark Corporation (NASDAQ:WINA) by 23.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,315 shares of the specialty retailer’s stock after selling 10,360 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Winmark were worth $13,491,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of WINA. Caitong International Asset Management Co. Ltd purchased a new stake in Winmark in the fourth quarter worth about $50,000. Global Retirement Partners LLC lifted its holdings in shares of Winmark by 265.4% during the fourth quarter. Global Retirement Partners LLC now owns 190 shares of the specialty retailer’s stock valued at $77,000 after purchasing an additional 138 shares during the last quarter. Tower Research Capital LLC TRC lifted its holdings in shares of Winmark by 19.0% during the second 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. Smartleaf Asset Management LLC boosted its position in shares of Winmark by 48.5% in the 2nd quarter. Smartleaf Asset Management LLC now owns 355 shares of the specialty retailer’s stock worth $133,000 after purchasing an additional 116 shares in the last quarter. Finally, CWM LLC boosted its position in shares of Winmark by 24.3% in the 4th quarter. CWM LLC now owns 476 shares of the specialty retailer’s stock worth $193,000 after purchasing an additional 93 shares in the last quarter. Institutional investors own 73.32% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings downgraded Winmark from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, March 30th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Winmark presently has an average rating of “Hold”.

Winmark Price Performance

Shares of Winmark stock opened at $430.25 on Thursday. Winmark Corporation has a 1 year low of $338.18 and a 1 year high of $527.37. The firm’s 50-day moving average is $382.14 and its 200 day moving average is $416.94. The stock has a market cap of $1.54 billion, a price-to-earnings ratio of 38.76 and a beta of 0.54.

Winmark (NASDAQ:WINA) last released its quarterly earnings data on Wednesday, April 15th. The specialty retailer reported $2.50 earnings per share for the quarter, missing analysts’ consensus estimates of $2.70 by ($0.20). The firm had revenue of $20.85 million for the quarter, compared to the consensus estimate of $21.09 million. Winmark had a net margin of 48.19% and a negative return on equity of 100.45%.

Winmark Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Wednesday, May 13th were issued a dividend of $1.02 per share. The ex-dividend date was Wednesday, May 13th. This is a positive change from Winmark’s previous quarterly dividend of $0.96. This represents a $4.08 dividend on an annualized basis and a dividend yield of 0.9%. Winmark’s dividend payout ratio is currently 36.76%.

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.