Maverick Capital Ltd. Decreases Stock Holdings in Winmark Corporation $WINA

Maverick Capital Ltd. reduced its stake in shares of Winmark Corporation (NASDAQ:WINA) by 78.3% during the 1st quarter, HoldingsChannel reports. The firm owned 1,506 shares of the specialty retailer’s stock after selling 5,429 shares during the quarter. Maverick Capital Ltd.’s holdings in Winmark were worth $644,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. State of Wyoming increased its holdings in shares of Winmark by 144.8% in the first quarter. State of Wyoming now owns 71 shares of the specialty retailer’s stock valued at $30,000 after purchasing an additional 42 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in Winmark during the fourth quarter worth approximately $50,000. Global Retirement Partners LLC lifted its position in Winmark by 265.4% during the fourth quarter. Global Retirement Partners LLC now owns 190 shares of the specialty retailer’s stock worth $77,000 after buying an additional 138 shares in the last quarter. Tower Research Capital LLC TRC boosted its stake in 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 buying an additional 34 shares during the last quarter. Finally, Smartleaf Asset Management LLC boosted its stake in 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 buying an additional 116 shares during the last quarter. 73.32% of the stock is currently owned by hedge funds and other institutional investors.

Winmark Price Performance

Shares of WINA stock opened at $346.51 on Wednesday. The company has a market capitalization of $1.24 billion, a PE ratio of 31.44 and a beta of 0.52. The firm’s 50-day moving average is $387.32 and its two-hundred day moving average is $411.58. Winmark Corporation has a 12 month low of $330.63 and a 12 month high of $527.37.

Winmark (NASDAQ:WINA) last posted its quarterly earnings results 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). The firm had revenue of $21.97 million during the quarter, compared to analysts’ expectations of $21.67 million. Winmark had a net margin of 47.09% and a negative return on equity of 99.47%.

Winmark Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Wednesday, August 12th will be issued a $1.02 dividend. The ex-dividend date is Wednesday, August 12th. This represents a $4.08 dividend on an annualized basis and a yield of 1.2%. Winmark’s dividend payout ratio is currently 37.02%.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Winmark in a report on Tuesday, July 14th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the company has a consensus 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.