SG Americas Securities LLC Grows Stock Holdings in Winmark Corporation $WINA

SG Americas Securities LLC boosted its stake in Winmark Corporation (NASDAQ:WINA) by 60.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,642 shares of the specialty retailer’s stock after purchasing an additional 1,753 shares during the period. SG Americas Securities LLC owned approximately 0.13% of Winmark worth $1,880,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its holdings in Winmark by 1.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,229 shares of the specialty retailer’s stock valued at $2,105,000 after purchasing an additional 43 shares in the last quarter. Tudor Investment Corp ET AL bought a new stake in Winmark in the third quarter valued at about $890,000. Jacobs Levy Equity Management Inc. raised its position in shares of Winmark by 534.7% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 81,433 shares of the specialty retailer’s stock valued at $40,535,000 after acquiring an additional 68,603 shares in the last quarter. Morningstar Investment Management LLC acquired a new stake in shares of Winmark during the third quarter worth $1,008,000. Finally, Caxton Associates LLP raised its stake in Winmark by 9.8% during the third quarter. Caxton Associates LLP now owns 4,763 shares of the specialty retailer’s stock worth $2,371,000 after acquiring an additional 424 shares during the period. Institutional investors and hedge funds own 73.32% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Winmark Price Performance

WINA stock opened at $430.43 on Monday. The company has a 50-day simple moving average of $443.06 and a 200 day simple moving average of $438.30. The company has a market capitalization of $1.54 billion, a P/E ratio of 38.06 and a beta of 0.69. Winmark Corporation has a fifty-two week low of $295.79 and a fifty-two week high of $527.37.

Winmark (NASDAQ:WINA) last released its earnings results on Wednesday, February 18th. The specialty retailer reported $2.69 EPS for the quarter, missing the consensus estimate of $2.78 by ($0.09). The company had revenue of $21.09 million for the quarter, compared to analyst estimates 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 company also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Wednesday, February 11th were issued a dividend of $0.96 per share. This represents a $3.84 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Wednesday, February 11th. Winmark’s payout ratio is presently 33.95%.

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.