Northstar Asset Management Inc. Sells 2,341 Shares of Winmark Corporation $WINA

Northstar Asset Management Inc. lowered its stake in Winmark Corporation (NASDAQ:WINA) by 36.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,114 shares of the specialty retailer’s stock after selling 2,341 shares during the period. Northstar Asset Management Inc.’s holdings in Winmark were worth $1,741,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the stock. State of Wyoming lifted its holdings in Winmark by 144.8% during the 1st quarter. State of Wyoming now owns 71 shares of the specialty retailer’s stock worth $30,000 after buying an additional 42 shares in the last quarter. Global Retirement Partners LLC bought a new position in Winmark in the 2nd quarter valued at $35,000. GAMMA Investing LLC increased its stake in shares of Winmark by 141.5% in the 2nd quarter. GAMMA Investing LLC now owns 99 shares of the specialty retailer’s stock valued at $42,000 after buying an additional 58 shares during the period. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Winmark in the 4th quarter valued at $50,000. Finally, Tower Research Capital LLC TRC raised its position 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 worth $80,000 after acquiring an additional 34 shares during the last quarter. Institutional investors own 73.32% of the company’s stock.

Winmark Price Performance

Shares of NASDAQ:WINA opened at $337.25 on Friday. Winmark Corporation has a one year low of $325.06 and a one year high of $527.37. The company has a 50 day moving average of $371.59 and a 200-day moving average of $396.64. The stock has a market cap of $1.21 billion, a price-to-earnings ratio of 30.60 and a beta of 0.53.

Winmark (NASDAQ:WINA) last posted its quarterly 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 negative return on equity of 99.47% and a net margin of 47.09%.The business had revenue of $21.97 million for the quarter, compared to the consensus estimate of $21.67 million.

Winmark Announces Dividend

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

Wall Street Analyst Weigh In

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

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.