Annex Advisory Services LLC Has $602,000 Stock Position in Winmark Corporation $WINA

Annex Advisory Services LLC reduced its stake in Winmark Corporation (NASDAQ:WINA) by 50.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,488 shares of the specialty retailer’s stock after selling 1,515 shares during the quarter. Annex Advisory Services LLC’s holdings in Winmark were worth $602,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. lifted its stake in Winmark by 775.0% in 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 acquired a new position in Winmark in the third quarter valued at approximately $36,000. State of Alaska Department of Revenue acquired a new position in Winmark in the third quarter valued at approximately $95,000. Tower Research Capital LLC TRC lifted its stake in Winmark by 19.0% in the second quarter. Tower Research Capital LLC TRC now owns 213 shares of the specialty retailer’s stock valued at $80,000 after buying an additional 34 shares during the period. Finally, Toth Financial Advisory Corp lifted its stake 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. 73.32% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Winmark Stock Down 9.1%

NASDAQ WINA opened at $379.21 on Thursday. The company has a market cap of $1.36 billion, a price-to-earnings ratio of 33.53 and a beta of 0.69. Winmark Corporation has a 52 week low of $323.60 and a 52 week high of $527.37. The business has a 50 day moving average price of $438.95 and a 200-day moving average price of $434.48.

Winmark (NASDAQ:WINA) last released its quarterly earnings data on Wednesday, April 22nd. The specialty retailer reported $2.50 EPS for the quarter, missing the consensus estimate of $2.70 by ($0.20). The firm had revenue of $20.85 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 Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Wednesday, May 13th will be issued a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a yield of 1.1%. This is an increase from Winmark’s previous quarterly dividend of $0.96. The ex-dividend date is Wednesday, May 13th. 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.