Winmark (NASDAQ:WINA) Reaches New 12-Month Low – Here’s Why

Winmark Co. (NASDAQ:WINA) shares reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $329.51 and last traded at $331.81, with a volume of 23082 shares traded. The stock had previously closed at $337.20.

Winmark Price Performance

The company has a market cap of $1.17 billion, a P/E ratio of 30.45 and a beta of 0.82. The stock has a 50-day moving average of $383.22 and a 200 day moving average of $382.63.

Winmark (NASDAQ:WINA) last posted its earnings results on Wednesday, February 19th. The specialty retailer reported $2.60 EPS for the quarter, missing analysts’ consensus estimates of $2.65 by ($0.05). The company had revenue of $19.55 million during the quarter, compared to the consensus estimate of $20.25 million. Winmark had a negative return on equity of 93.24% and a net margin of 49.15%.

Winmark Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Wednesday, February 12th will be paid a dividend of $0.90 per share. This represents a $3.60 dividend on an annualized basis and a dividend yield of 1.09%. The ex-dividend date is Wednesday, February 12th. Winmark’s payout ratio is 33.06%.

Hedge Funds Weigh In On Winmark

Several institutional investors and hedge funds have recently added to or reduced their stakes in WINA. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Winmark in the fourth quarter worth $31,000. Sterling Capital Management LLC grew its position in shares of Winmark by 820.0% in the 4th quarter. Sterling Capital Management LLC now owns 92 shares of the specialty retailer’s stock valued at $36,000 after buying an additional 82 shares during the last quarter. Smartleaf Asset Management LLC increased its stake in shares of Winmark by 145.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 238 shares of the specialty retailer’s stock valued at $93,000 after buying an additional 141 shares during the period. Point72 Asset Management L.P. bought a new position in shares of Winmark during the fourth quarter worth about $146,000. Finally, Dynamic Technology Lab Private Ltd acquired a new position in shares of Winmark in the fourth quarter worth approximately $220,000. 73.32% of the stock is currently owned by institutional investors and hedge funds.

About Winmark

Winmark Corporation, a resale company operates as a franchisor for small business in the United States and Canada. The company franchises retail stores concepts that buy, sell and trade merchandise. It also operates middle-market equipment leasing business. In addition, the company buys and sells used clothing and accessories geared toward the teenage and young adult market under Plato’s Closet brand; and operates stores which buys and sells used and new children’s clothing, toys, furniture, equipment, and accessories primarily to parents of children ages infant to 12 years under the Once Upon A Child brand.