Winmark (NASDAQ:WINA) Trading Down 3.7% – Time to Sell?

Shares of Winmark Corporation (NASDAQ:WINA) traded down 3.7% during trading on Tuesday . The company traded as low as $339.14 and last traded at $337.9810. Approximately 8,648 shares were traded during trading, a decline of 87% from the average session volume of 66,495 shares. The stock had previously closed at $350.81.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Winmark in a report on Tuesday, July 14th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

Winmark Price Performance

The firm has a market capitalization of $1.22 billion, a PE ratio of 30.82 and a beta of 0.54. The company has a fifty day moving average of $376.38 and a 200-day moving average of $399.12.

Winmark (NASDAQ:WINA) last released its quarterly earnings data on Wednesday, July 15th. The specialty retailer reported $2.81 EPS for the quarter, missing analysts’ consensus estimates of $3.14 by ($0.33). Winmark had a negative return on equity of 99.47% and a net margin of 47.09%.The firm had revenue of $21.97 million during the quarter, compared to analyst estimates of $21.67 million.

Winmark Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Wednesday, August 12th will be given a dividend of $1.02 per share. The ex-dividend date of this dividend is Wednesday, August 12th. This represents a $4.08 dividend on an annualized basis and a yield of 1.2%. Winmark’s dividend payout ratio is presently 37.02%.

Institutional Investors Weigh In On Winmark

A number of hedge funds have recently bought and sold shares of the company. Dimensional Fund Advisors LP boosted its holdings in Winmark by 5.3% during the first quarter. Dimensional Fund Advisors LP now owns 74,379 shares of the specialty retailer’s stock valued at $31,800,000 after purchasing an additional 3,771 shares in the last quarter. Principal Financial Group Inc. acquired a new position in shares of Winmark in the 1st quarter worth approximately $6,144,000. Vest Financial LLC raised its stake in Winmark by 73.0% during the fourth quarter. Vest Financial LLC now owns 10,548 shares of the specialty retailer’s stock worth $4,271,000 after acquiring an additional 4,451 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of Winmark by 31.6% during the 1st quarter. Bank of New York Mellon Corp now owns 30,770 shares of the specialty retailer’s stock worth $13,156,000 after purchasing an additional 7,384 shares in the last quarter. Finally, Landscape Capital Management L.L.C. bought a new position in Winmark during the 2nd quarter valued at about $2,625,000. 73.32% of the stock is currently owned by institutional investors.

Winmark Company 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.