Winmark Corporation $WINA Shares Sold by Kennedy Capital Management LLC

Kennedy Capital Management LLC reduced its stake in Winmark Corporation (NASDAQ:WINA) by 15.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 16,405 shares of the specialty retailer’s stock after selling 2,884 shares during the period. Kennedy Capital Management LLC owned 0.46% of Winmark worth $6,643,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. lifted its stake in shares of Winmark by 3.5% in the 4th quarter. Vanguard Group Inc. now owns 186,832 shares of the specialty retailer’s stock worth $75,656,000 after acquiring an additional 6,235 shares during the period. AltraVue Capital LLC lifted its stake in shares of Winmark by 0.8% in the 3rd quarter. AltraVue Capital LLC now owns 174,323 shares of the specialty retailer’s stock worth $86,773,000 after acquiring an additional 1,440 shares during the period. First Trust Advisors LP lifted its stake in shares of Winmark by 56.0% in the 4th quarter. First Trust Advisors LP now owns 152,018 shares of the specialty retailer’s stock worth $61,558,000 after acquiring an additional 54,567 shares during the period. Fisher Asset Management LLC lifted its stake in shares of Winmark by 33.2% in the 3rd quarter. Fisher Asset Management LLC now owns 109,427 shares of the specialty retailer’s stock worth $54,469,000 after acquiring an additional 27,275 shares during the period. Finally, Jacobs Levy Equity Management Inc. lifted its stake in shares of Winmark by 18.3% in the 4th quarter. Jacobs Levy Equity Management Inc. now owns 96,314 shares of the specialty retailer’s stock worth $39,001,000 after acquiring an additional 14,881 shares during the period. 73.32% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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 investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Winmark Price Performance

WINA stock opened at $402.61 on Tuesday. Winmark Corporation has a 12 month low of $338.18 and a 12 month high of $527.37. The firm has a market cap of $1.44 billion, a PE ratio of 36.27 and a beta of 0.54. The firm has a 50 day simple moving average of $386.26 and a 200 day simple moving average of $417.70.

Winmark (NASDAQ:WINA) last released its earnings results 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 business had revenue of $20.85 million for the quarter, compared to analyst estimates of $21.09 million.

Winmark Increases Dividend

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

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.