Public Employees Retirement System of Ohio Acquires Shares of 4,770 Winmark Corporation $WINA

Public Employees Retirement System of Ohio acquired a new stake in shares of Winmark Corporation (NASDAQ:WINA) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 4,770 shares of the specialty retailer’s stock, valued at approximately $2,018,000.

Other hedge funds have also recently modified their holdings of the company. Bank of America Corp DE bought a new position in shares of Winmark during the second quarter worth $6,524,000. Port Capital LLC bought a new stake in Winmark in the 2nd quarter valued at $36,709,000. Freestone Grove Partners LP purchased a new stake in Winmark in the 2nd quarter worth $194,000. Jupiter Topco LLC purchased a new stake in Winmark in the 2nd quarter worth $546,000. Finally, Legal & General Group Plc bought a new position in shares of Winmark during the 2nd quarter valued at about $2,990,000. Hedge funds and other institutional investors own 73.32% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Winmark Stock Performance

NASDAQ WINA opened at $318.17 on Monday. The company has a market capitalization of $1.14 billion, a P/E ratio of 28.87 and a beta of 0.54. Winmark Corporation has a one year low of $315.00 and a one year high of $527.37. The stock has a 50 day moving average price of $362.37 and a 200-day moving average price of $391.99.

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

Winmark Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Wednesday, August 12th were paid a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Wednesday, August 12th. Winmark’s dividend payout ratio (DPR) is presently 37.02%.

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.