Fisher Asset Management LLC Has $54.47 Million Stake in Winmark Corporation $WINA

Fisher Asset Management LLC raised its position in shares of Winmark Corporation (NASDAQ:WINA) by 33.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 109,427 shares of the specialty retailer’s stock after purchasing an additional 27,275 shares during the quarter. Fisher Asset Management LLC owned 3.07% of Winmark worth $54,469,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Geneos Wealth Management Inc. raised its position in Winmark by 775.0% during the third quarter. Geneos Wealth Management Inc. now owns 70 shares of the specialty retailer’s stock valued at $35,000 after buying an additional 62 shares during the period. Cornerstone Planning Group LLC purchased a new position in Winmark during the 3rd quarter valued at about $36,000. Elevation Point Wealth Partners LLC acquired a new position in shares of Winmark in the 2nd quarter valued at about $43,000. CWM LLC lifted its position in shares of Winmark by 358.8% in the second quarter. CWM LLC now owns 156 shares of the specialty retailer’s stock worth $59,000 after purchasing an additional 122 shares in the last quarter. Finally, Tower Research Capital LLC TRC boosted its holdings 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 purchasing an additional 34 shares during the period. Hedge funds and other institutional investors own 73.32% of the company’s stock.

Winmark Price Performance

Shares of Winmark stock opened at $480.67 on Wednesday. The firm has a market cap of $1.72 billion, a price-to-earnings ratio of 42.50 and a beta of 0.68. The stock has a 50-day simple moving average of $440.28 and a 200-day simple moving average of $444.18. Winmark Corporation has a 52-week low of $295.79 and a 52-week high of $527.37.

Winmark (NASDAQ:WINA) last issued its quarterly earnings data on Wednesday, February 18th. The specialty retailer reported $2.69 earnings per share for the quarter, missing the consensus estimate of $2.78 by ($0.09). The business had revenue of $21.09 million for the quarter, compared to the consensus estimate of $21.09 million. Winmark had a net margin of 48.40% and a negative return on equity of 102.34%.

Winmark Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Wednesday, February 11th were given a dividend of $0.96 per share. This represents a $3.84 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Wednesday, February 11th. Winmark’s dividend payout ratio is presently 33.95%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings lowered shares of Winmark from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, February 26th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has an average rating of “Hold”.

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.