Fisher Asset Management LLC Has $42.39 Million Stake in Winmark Corporation $WINA

Fisher Asset Management LLC trimmed its position in shares of Winmark Corporation (NASDAQ:WINA) by 4.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 104,687 shares of the specialty retailer’s stock after selling 4,740 shares during the period. Fisher Asset Management LLC’s holdings in Winmark were worth $42,392,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Allspring Global Investments Holdings LLC raised its position in Winmark by 31.6% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 19,736 shares of the specialty retailer’s stock valued at $7,926,000 after buying an additional 4,735 shares during the last quarter. Kingsview Wealth Management LLC purchased a new stake in shares of Winmark during the 3rd quarter valued at $4,754,000. William Blair Investment Management LLC increased its position in shares of Winmark by 16.1% during the 3rd quarter. William Blair Investment Management LLC now owns 70,635 shares of the specialty retailer’s stock valued at $35,160,000 after purchasing an additional 9,800 shares during the last quarter. First Trust Advisors LP increased its position in shares of Winmark by 121.0% during the 3rd quarter. First Trust Advisors LP now owns 97,451 shares of the specialty retailer’s stock valued at $48,508,000 after purchasing an additional 53,365 shares during the last quarter. Finally, AltraVue Capital LLC increased its position in shares of Winmark by 0.8% during the 3rd quarter. AltraVue Capital LLC now owns 174,323 shares of the specialty retailer’s stock valued at $86,773,000 after purchasing an additional 1,440 shares during the last quarter. 73.32% of the stock is owned by hedge funds and other institutional investors.

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, According to data from MarketBeat, Winmark currently has an average rating of “Hold”.

Winmark Stock Performance

WINA stock opened at $374.21 on Wednesday. The company has a market capitalization of $1.34 billion, a price-to-earnings ratio of 33.71 and a beta of 0.55. Winmark Corporation has a fifty-two week low of $338.18 and a fifty-two week high of $527.37. The stock has a fifty day moving average of $396.88 and a 200-day moving average of $420.76.

Winmark (NASDAQ:WINA) last issued its 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 negative return on equity of 100.45% and a net margin of 48.19%.The company had revenue of $20.85 million during the quarter, compared to the consensus estimate of $21.09 million.

Winmark Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Wednesday, May 13th will be issued a $1.02 dividend. This represents a $4.08 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Wednesday, May 13th. This is an increase from Winmark’s previous quarterly dividend of $0.96. Winmark’s payout ratio is 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.