First Trust Advisors LP Decreases Stake in Winmark Corporation $WINA

First Trust Advisors LP cut its holdings in shares of Winmark Corporation (NASDAQ:WINA) by 1.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 150,369 shares of the specialty retailer’s stock after selling 1,649 shares during the period. First Trust Advisors LP owned about 4.20% of Winmark worth $64,290,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of WINA. Caitong International Asset Management Co. Ltd purchased a new position in Winmark in the fourth quarter valued at about $50,000. Global Retirement Partners LLC increased its holdings in Winmark by 265.4% during the 4th quarter. Global Retirement Partners LLC now owns 190 shares of the specialty retailer’s stock worth $77,000 after purchasing an additional 138 shares during the last quarter. Tower Research Capital LLC TRC increased its holdings in Winmark by 19.0% during the 2nd 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 last quarter. Smartleaf Asset Management LLC raised its position in shares of Winmark by 48.5% in the 2nd quarter. Smartleaf Asset Management LLC now owns 355 shares of the specialty retailer’s stock valued at $133,000 after purchasing an additional 116 shares in the last quarter. Finally, Gabelli Funds LLC acquired a new position in shares of Winmark in the 3rd quarter valued at approximately $224,000. 73.32% of the stock is owned by hedge funds and other institutional investors.

Winmark Stock Performance

Shares of Winmark stock opened at $332.52 on Friday. The firm has a market cap of $1.19 billion, a PE ratio of 30.17 and a beta of 0.52. The firm’s 50-day simple moving average is $387.63 and its 200-day simple moving average is $412.88. Winmark Corporation has a 1 year low of $330.63 and a 1 year high of $527.37.

Winmark (NASDAQ:WINA) last announced its quarterly earnings data on Wednesday, July 15th. The specialty retailer reported $2.81 earnings per share for the quarter, missing the consensus estimate of $3.14 by ($0.33). Winmark had a net margin of 47.09% and a negative return on equity of 99.47%. The firm had revenue of $21.97 million during the quarter, compared to the consensus estimate of $21.67 million.

Winmark Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Wednesday, August 12th will be given a $1.02 dividend. The ex-dividend date is Wednesday, August 12th. This represents a $4.08 annualized dividend and a dividend yield of 1.2%. Winmark’s dividend payout ratio (DPR) is presently 37.02%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Winmark in a research note on Tuesday, July 14th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

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.