Louisiana State Employees Retirement System Makes New Investment in Winmark Corporation $WINA

by · The Cerbat Gem

Louisiana State Employees Retirement System bought a new position in shares of Winmark Corporation (NASDAQ:WINA – Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 1,300 shares of the specialty retailer’s stock, valued at approximately $556,000.

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

Analyst Ratings Changes

Separately, Weiss Ratings lowered Winmark from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, March 30th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Get Our Latest Research Report on Winmark

Winmark Price Performance

Shares of Winmark stock opened at $411.56 on Wednesday. The stock has a market cap of $1.47 billion, a price-to-earnings ratio of 37.08 and a beta of 0.52. The firm’s 50-day moving average is $386.45 and its two-hundred day moving average is $416.25. Winmark Corporation has a 1 year low of $338.18 and a 1 year high of $527.37.

Winmark (NASDAQ:WINA – Get Free Report) last announced its quarterly earnings results on Wednesday, April 15th. The specialty retailer reported $2.50 earnings per share 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 business had revenue of $20.85 million during the quarter, compared to analysts’ expectations of $21.09 million.

Winmark Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Wednesday, May 13th were issued a dividend of $1.02 per share. This is an increase from Winmark’s previous quarterly dividend of $0.96. This represents a $4.08 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Wednesday, May 13th. Winmark’s dividend payout ratio (DPR) is currently 36.76%.

Winmark Profile

(Free Report)

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.

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