OP Asset Management Ltd Makes New $2.16 Million Investment in Winmark Corporation $WINA

OP Asset Management Ltd acquired a new stake in Winmark Corporation (NASDAQ:WINA) in the 1st quarter, Holdings Channel.com reports. The fund acquired 5,044 shares of the specialty retailer’s stock, valued at approximately $2,157,000.

A number of other large investors have also bought and sold shares of the business. Caitong International Asset Management Co. Ltd bought a new position in Winmark in the fourth quarter valued at approximately $50,000. Global Retirement Partners LLC boosted its holdings in shares of Winmark by 265.4% in the fourth 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 during the period. Tower Research Capital LLC TRC increased its position 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 acquiring an additional 34 shares in the last quarter. Smartleaf Asset Management LLC increased its position in shares of Winmark by 48.5% during the second quarter. Smartleaf Asset Management LLC now owns 355 shares of the specialty retailer’s stock worth $133,000 after acquiring an additional 116 shares in the last quarter. Finally, CWM LLC raised its holdings in shares of Winmark by 24.3% during the fourth quarter. CWM LLC now owns 476 shares of the specialty retailer’s stock worth $193,000 after acquiring an additional 93 shares during the period. 73.32% of the stock is owned by institutional investors.

Winmark Stock Performance

Shares of WINA stock opened at $418.19 on Monday. The firm’s fifty day moving average price is $383.15 and its two-hundred day moving average price is $416.94. Winmark Corporation has a 1 year low of $338.18 and a 1 year high of $527.37. The firm has a market capitalization of $1.50 billion, a P/E ratio of 37.67 and a beta of 0.54.

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

Winmark Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Wednesday, May 13th were given a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a yield of 1.0%. This is a boost from Winmark’s previous quarterly dividend of $0.96. The ex-dividend date of this dividend was Wednesday, May 13th. Winmark’s payout ratio is currently 36.76%.

Analyst Ratings Changes

Separately, Weiss Ratings lowered shares of 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 data from MarketBeat.com, the company presently has an average rating of “Hold”.

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.