Renaissance Technologies LLC Trims Stock Position in Winmark Corporation $WINA

Renaissance Technologies LLC lessened its stake in Winmark Corporation (NASDAQ:WINA) by 1.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 205,875 shares of the specialty retailer’s stock after selling 2,280 shares during the period. Renaissance Technologies LLC owned 5.75% of Winmark worth $88,022,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in Winmark by 3.5% in the fourth quarter. Vanguard Group Inc. now owns 186,832 shares of the specialty retailer’s stock valued at $75,656,000 after purchasing an additional 6,235 shares during the period. First Trust Advisors LP boosted its stake in shares of Winmark by 56.0% during the fourth quarter. First Trust Advisors LP now owns 152,018 shares of the specialty retailer’s stock worth $61,558,000 after buying an additional 54,567 shares during the period. Jacobs Levy Equity Management Inc. grew its holdings in shares of Winmark by 18.3% during the fourth quarter. Jacobs Levy Equity Management Inc. now owns 96,314 shares of the specialty retailer’s stock worth $39,001,000 after buying an additional 14,881 shares during the last quarter. State Street Corp grew its holdings in shares of Winmark by 11.1% during the fourth quarter. State Street Corp now owns 83,822 shares of the specialty retailer’s stock worth $33,943,000 after buying an additional 8,372 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its position in Winmark by 97.6% in the 4th quarter. Goldman Sachs Group Inc. now owns 82,386 shares of the specialty retailer’s stock valued at $33,361,000 after acquiring an additional 40,699 shares during the period. Hedge funds and other institutional investors own 73.32% of the company’s stock.

Wall Street Analyst Weigh In

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

Winmark Trading Down 0.9%

Winmark stock opened at $332.52 on Friday. The firm has a market capitalization of $1.19 billion, a P/E ratio of 30.17 and a beta of 0.52. Winmark Corporation has a 52 week low of $330.63 and a 52 week high of $527.37. The stock has a fifty day moving average price of $387.63 and a 200 day moving average price of $412.88.

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

Winmark Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Wednesday, August 12th will be issued a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Wednesday, August 12th. Winmark’s dividend payout ratio (DPR) is 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.