Teacher Retirement System of Texas Has $1.76 Million Stock Holdings in Winmark Corporation $WINA

Teacher Retirement System of Texas raised its stake in shares of Winmark Corporation (NASDAQ:WINA) by 17.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,652 shares of the specialty retailer’s stock after purchasing an additional 705 shares during the quarter. Teacher Retirement System of Texas owned 0.13% of Winmark worth $1,757,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of WINA. National Bank of Canada FI lifted its position in shares of Winmark by 147.3% during the 1st quarter. National Bank of Canada FI now owns 136 shares of the specialty retailer’s stock worth $43,000 after buying an additional 81 shares during the period. CWM LLC raised its stake in Winmark by 358.8% during the second quarter. CWM LLC now owns 156 shares of the specialty retailer’s stock worth $59,000 after acquiring an additional 122 shares in the last quarter. Montrusco Bolton Investments Inc. bought a new position in shares of Winmark during the second quarter valued at $230,000. Hsbc Holdings PLC acquired a new stake in shares of Winmark in the 1st quarter valued at $233,000. Finally, Dynamic Technology Lab Private Ltd grew its holdings in shares of Winmark by 36.8% in the 1st quarter. Dynamic Technology Lab Private Ltd now owns 766 shares of the specialty retailer’s stock worth $243,000 after purchasing an additional 206 shares during the last quarter. 73.32% of the stock is owned by institutional investors and hedge funds.

Winmark Stock Performance

Shares of NASDAQ:WINA opened at $413.77 on Tuesday. The business has a fifty day moving average of $465.70 and a 200-day moving average of $421.56. Winmark Corporation has a twelve month low of $295.79 and a twelve month high of $527.37. The firm has a market cap of $1.47 billion, a PE ratio of 36.88 and a beta of 0.71.

Winmark (NASDAQ:WINA) last issued its quarterly earnings results on Wednesday, October 15th. The specialty retailer reported $3.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.22 by ($0.20). The company had revenue of $22.63 million for the quarter, compared to analyst estimates of $20.19 million. Winmark had a negative return on equity of 103.08% and a net margin of 48.84%.

Winmark Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Wednesday, November 12th will be issued a $0.96 dividend. The ex-dividend date of this dividend is Wednesday, November 12th. This represents a $3.84 dividend on an annualized basis and a dividend yield of 0.9%. Winmark’s dividend payout ratio (DPR) is currently 34.22%.

Analysts Set New Price Targets

Separately, Weiss Ratings raised shares of Winmark from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 24th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy”.

Insider Buying and Selling

In other Winmark news, COO Renae M. Gaudette sold 1,200 shares of the company’s stock in a transaction on Friday, October 24th. The stock was sold at an average price of $417.11, for a total transaction of $500,532.00. Following the transaction, the chief operating officer owned 18,860 shares of the company’s stock, valued at approximately $7,866,694.60. This represents a 5.98% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Lawrence A. Barbetta sold 852 shares of the stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $505.02, for a total value of $430,277.04. Following the completion of the transaction, the director owned 649 shares in the company, valued at $327,757.98. The trade was a 56.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 9,464 shares of company stock worth $4,297,898 in the last quarter. Insiders own 10.10% of the company’s stock.

Winmark Company Profile

Winmark Corporation, a resale company operates as a franchisor for small business in the United States and Canada. The company franchises retail stores concepts that buy, sell and trade merchandise. It also operates middle-market equipment leasing business. In addition, the company buys and sells used clothing and accessories geared toward the teenage and young adult market under Plato’s Closet brand; and operates stores which buys and sells used and new children’s clothing, toys, furniture, equipment, and accessories primarily to parents of children ages infant to 12 years under the Once Upon A Child brand.