Ellsworth Advisors LLC Acquires New Holdings in Winmark Corporation $WINA

Ellsworth Advisors LLC acquired a new position in Winmark Corporation (NASDAQ:WINA) in the 3rd quarter, Holdings Channel reports. The institutional investor acquired 1,829 shares of the specialty retailer’s stock, valued at approximately $910,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Tower Research Capital LLC TRC increased its stake in Winmark by 19.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 213 shares of the specialty retailer’s stock valued at $80,000 after buying an additional 34 shares during the period. The Manufacturers Life Insurance Company increased its stake in shares of Winmark by 3.7% during the second quarter. The Manufacturers Life Insurance Company now owns 1,573 shares of the specialty retailer’s stock valued at $594,000 after acquiring an additional 56 shares during the period. Rafferty Asset Management LLC increased its stake in shares of Winmark by 9.6% during the second quarter. Rafferty Asset Management LLC now owns 847 shares of the specialty retailer’s stock valued at $320,000 after acquiring an additional 74 shares during the period. Police & Firemen s Retirement System of New Jersey raised its holdings in Winmark by 12.7% during the second quarter. Police & Firemen s Retirement System of New Jersey now owns 665 shares of the specialty retailer’s stock worth $251,000 after purchasing an additional 75 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Winmark by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,736 shares of the specialty retailer’s stock worth $552,000 after purchasing an additional 77 shares during the period. Institutional investors own 73.32% of the company’s stock.

Winmark Price Performance

NASDAQ WINA opened at $410.23 on Friday. Winmark Corporation has a 12 month low of $295.79 and a 12 month high of $527.37. The company has a market capitalization of $1.46 billion, a P/E ratio of 36.56 and a beta of 0.69. The company’s 50 day simple moving average is $418.32 and its 200 day simple moving average is $427.44.

Winmark (NASDAQ:WINA) last posted its quarterly earnings results on Wednesday, October 15th. The specialty retailer reported $3.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.22 by ($0.20). The business had revenue of $22.63 million during the quarter, compared to analyst estimates of $20.19 million. Winmark had a negative return on equity of 103.08% and a net margin of 48.84%.

Winmark Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Wednesday, November 12th were issued a $0.96 dividend. This represents a $3.84 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Wednesday, November 12th. Winmark’s payout ratio is presently 34.22%.

Insider Activity

In other news, COO Renae M. Gaudette sold 1,200 shares of the company’s stock in a transaction on Friday, October 24th. The stock was sold at an average price of $417.11, for a total transaction of $500,532.00. Following the completion of the sale, the chief operating officer directly owned 18,860 shares of the company’s stock, valued at $7,866,694.60. This represents a 5.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 10.10% of the stock is owned by company insiders.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded Winmark from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 24th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy”.

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.