SG Americas Securities LLC Has $142,000 Position in Winmark Corporation $WINA

SG Americas Securities LLC lessened its holdings in shares of Winmark Corporation (NASDAQ:WINA) by 92.8% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 333 shares of the specialty retailer’s stock after selling 4,309 shares during the quarter. SG Americas Securities LLC’s holdings in Winmark were worth $142,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Caitong International Asset Management Co. Ltd bought a new stake in Winmark in the fourth quarter worth approximately $50,000. Global Retirement Partners LLC raised its holdings in shares of Winmark by 265.4% during the 4th 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 in the last quarter. Tower Research Capital LLC TRC lifted its stake in shares of 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. Smartleaf Asset Management LLC lifted its stake 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 valued at $133,000 after purchasing an additional 116 shares during the last quarter. Finally, CWM LLC lifted its stake in shares of Winmark by 24.3% in the 4th quarter. CWM LLC now owns 476 shares of the specialty retailer’s stock valued at $193,000 after purchasing an additional 93 shares during the last quarter. 73.32% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Weiss Ratings downgraded shares of Winmark from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, March 30th. One equities 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 Stock Performance

WINA opened at $385.44 on Monday. The business has a 50 day moving average price of $387.16 and a 200 day moving average price of $415.82. Winmark Corporation has a twelve month low of $338.18 and a twelve month high of $527.37. The firm has a market cap of $1.38 billion, a P/E ratio of 34.72 and a beta of 0.52.

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

Winmark Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Wednesday, May 13th were issued a dividend of $1.02 per share. The ex-dividend date of this dividend was Wednesday, May 13th. This represents a $4.08 annualized dividend and a dividend yield of 1.1%. This is an increase from Winmark’s previous quarterly dividend of $0.96. Winmark’s 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.