Allspring Global Investments Holdings LLC Has $7.93 Million Holdings in Winmark Corporation $WINA

Allspring Global Investments Holdings LLC lifted its holdings in shares of Winmark Corporation (NASDAQ:WINA) by 31.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 19,736 shares of the specialty retailer’s stock after purchasing an additional 4,735 shares during the period. Allspring Global Investments Holdings LLC owned 0.55% of Winmark worth $7,926,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Geneos Wealth Management Inc. lifted its holdings in shares of Winmark by 775.0% during the third quarter. Geneos Wealth Management Inc. now owns 70 shares of the specialty retailer’s stock worth $35,000 after purchasing an additional 62 shares during the period. Cornerstone Planning Group LLC acquired a new position in shares of Winmark during the third quarter worth $36,000. State of Alaska Department of Revenue acquired a new position in shares of Winmark during the third quarter worth $95,000. Tower Research Capital LLC TRC lifted 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. Finally, Toth Financial Advisory Corp lifted its holdings in Winmark by 1,250.0% in the third quarter. Toth Financial Advisory Corp now owns 216 shares of the specialty retailer’s stock valued at $108,000 after buying an additional 200 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 shares of Winmark from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, March 30th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Winmark presently has a consensus rating of “Hold”.

Winmark Stock Down 2.0%

WINA stock opened at $421.87 on Tuesday. The company’s fifty day simple moving average is $442.29 and its 200 day simple moving average is $437.64. Winmark Corporation has a 12-month low of $308.12 and a 12-month high of $527.37. The firm has a market cap of $1.51 billion, a price-to-earnings ratio of 37.30 and a beta of 0.69.

Winmark (NASDAQ:WINA) last announced 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). Winmark had a net margin of 48.40% and a negative return on equity of 102.34%. The company had revenue of $21.09 million for the quarter, compared to analyst estimates of $21.09 million.

Winmark Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Wednesday, February 11th were issued a dividend of $0.96 per share. The ex-dividend date was Wednesday, February 11th. This represents a $3.84 annualized dividend and a dividend yield of 0.9%. Winmark’s dividend payout ratio is currently 33.95%.

Winmark Company 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.