Winmark (NASDAQ:WINA) Sees Large Volume Increase – Should You Buy?

Shares of Winmark Co. (NASDAQ:WINA) saw unusually-high trading volume on Tuesday . Approximately 78,978 shares traded hands during trading, an increase of 205% from the previous session’s volume of 25,899 shares.The stock last traded at $418.55 and had previously closed at $417.11.

Winmark Trading Up 0.4%

The company has a market cap of $1.48 billion, a PE ratio of 38.47 and a beta of 0.54. The firm has a fifty day moving average of $358.63 and a two-hundred day moving average of $372.68.

Winmark (NASDAQ:WINA) last posted its earnings results on Wednesday, April 16th. The specialty retailer reported $2.71 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.74 by ($0.03). The company had revenue of $21.92 million for the quarter, compared to analysts’ expectations of $20.91 million. Winmark had a negative return on equity of 93.24% and a net margin of 49.15%. During the same quarter in the prior year, the company earned $2.41 EPS.

Winmark Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Wednesday, May 14th will be paid a $0.96 dividend. The ex-dividend date is Wednesday, May 14th. This represents a $3.84 annualized dividend and a yield of 0.92%. This is an increase from Winmark’s previous quarterly dividend of $0.90. Winmark’s dividend payout ratio (DPR) is currently 34.32%.

Institutional Investors Weigh In On Winmark

Several hedge funds and other institutional investors have recently modified their holdings of WINA. Barclays PLC grew its stake in Winmark by 117.7% during the third quarter. Barclays PLC now owns 6,073 shares of the specialty retailer’s stock valued at $2,325,000 after acquiring an additional 3,284 shares in the last quarter. Nisa Investment Advisors LLC grew its position in shares of Winmark by 1,087.1% during the 4th quarter. Nisa Investment Advisors LLC now owns 736 shares of the specialty retailer’s stock valued at $289,000 after purchasing an additional 674 shares in the last quarter. SG Americas Securities LLC purchased a new position in shares of Winmark during the 4th quarter valued at $502,000. Copeland Capital Management LLC increased its holdings in shares of Winmark by 2.5% in the 4th quarter. Copeland Capital Management LLC now owns 65,224 shares of the specialty retailer’s stock worth $25,638,000 after buying an additional 1,594 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC purchased a new stake in shares of Winmark during the 4th quarter valued at $351,000. 73.32% of the stock is currently owned by institutional investors.

Winmark Company Profile

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.