Allspring Global Investments Holdings LLC Buys 2,350 Shares of Winmark Corporation $WINA

Allspring Global Investments Holdings LLC lifted its stake in shares of Winmark Corporation (NASDAQ:WINA) by 11.9% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 22,086 shares of the specialty retailer’s stock after acquiring an additional 2,350 shares during the period. Allspring Global Investments Holdings LLC owned 0.62% of Winmark worth $9,565,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd bought a new position in shares of Winmark during the 4th quarter worth about $50,000. Global Retirement Partners LLC increased its position in Winmark by 265.4% in the 4th quarter. Global Retirement Partners LLC now owns 190 shares of the specialty retailer’s stock valued at $77,000 after buying an additional 138 shares in the last quarter. Tower Research Capital LLC TRC raised its stake 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 buying an additional 34 shares during the period. Smartleaf Asset Management LLC raised its stake in Winmark by 48.5% during the 2nd quarter. Smartleaf Asset Management LLC now owns 355 shares of the specialty retailer’s stock worth $133,000 after buying an additional 116 shares during the period. Finally, CWM LLC boosted its holdings in Winmark by 24.3% in the fourth quarter. CWM LLC now owns 476 shares of the specialty retailer’s stock worth $193,000 after acquiring an additional 93 shares in the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

Analysts Set New Price Targets

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

Winmark Trading Down 1.8%

Shares of NASDAQ:WINA opened at $351.97 on Thursday. The stock’s fifty day simple moving average is $388.53 and its two-hundred day simple moving average is $413.91. Winmark Corporation has a 1-year low of $338.18 and a 1-year high of $527.37. The stock has a market cap of $1.26 billion, a PE ratio of 31.94 and a beta of 0.52.

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

Winmark Dividend Announcement

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

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.