William Blair Investment Management LLC Has $20.97 Million Stake in Winmark Corporation $WINA

William Blair Investment Management LLC trimmed its position in shares of Winmark Corporation (NASDAQ:WINA) by 26.7% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 51,781 shares of the specialty retailer’s stock after selling 18,854 shares during the period. William Blair Investment Management LLC’s holdings in Winmark were worth $20,968,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC increased its holdings in Winmark by 31.6% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 19,736 shares of the specialty retailer’s stock worth $7,926,000 after buying an additional 4,735 shares during the last quarter. Kingsview Wealth Management LLC acquired a new position in Winmark during the third quarter worth $4,754,000. Fisher Asset Management LLC increased its holdings in Winmark by 33.2% during the third quarter. Fisher Asset Management LLC now owns 109,427 shares of the specialty retailer’s stock worth $54,469,000 after buying an additional 27,275 shares during the last quarter. First Trust Advisors LP increased its holdings in Winmark by 121.0% during the third quarter. First Trust Advisors LP now owns 97,451 shares of the specialty retailer’s stock worth $48,508,000 after buying an additional 53,365 shares during the last quarter. Finally, AltraVue Capital LLC increased its holdings in Winmark by 0.8% during the third quarter. AltraVue Capital LLC now owns 174,323 shares of the specialty retailer’s stock worth $86,773,000 after buying an additional 1,440 shares during the last quarter. 73.32% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Winmark Price Performance

NASDAQ:WINA opened at $364.86 on Tuesday. Winmark Corporation has a one year low of $338.18 and a one year high of $527.37. The company has a market cap of $1.31 billion, a P/E ratio of 32.87 and a beta of 0.55. The firm’s fifty day moving average price is $398.38 and its two-hundred day moving average price is $421.10.

Winmark (NASDAQ:WINA) last released its quarterly earnings data on Wednesday, April 15th. The specialty retailer reported $2.50 EPS for the quarter, missing the consensus estimate of $2.70 by ($0.20). Winmark had a net margin of 48.19% and a negative return on equity of 100.45%. The company had revenue of $20.85 million during the quarter, compared to analyst estimates of $21.09 million.

Winmark Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Wednesday, May 13th will be issued a $1.02 dividend. This is an increase from Winmark’s previous quarterly dividend of $0.96. This represents a $4.08 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Wednesday, May 13th. Winmark’s dividend payout ratio is presently 36.76%.

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.