Aptus Capital Advisors LLC Makes New $4.86 Million Investment in Winmark Corporation $WINA

Aptus Capital Advisors LLC bought a new position in shares of Winmark Corporation (NASDAQ:WINA) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 11,989 shares of the specialty retailer’s stock, valued at approximately $4,855,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in Winmark by 3.5% in the fourth quarter. Vanguard Group Inc. now owns 186,832 shares of the specialty retailer’s stock valued at $75,656,000 after acquiring an additional 6,235 shares in the last quarter. AltraVue Capital LLC boosted its stake in Winmark by 0.8% in the third quarter. AltraVue Capital LLC now owns 174,323 shares of the specialty retailer’s stock valued at $86,773,000 after acquiring an additional 1,440 shares in the last quarter. First Trust Advisors LP boosted its stake in Winmark by 56.0% in the fourth quarter. First Trust Advisors LP now owns 152,018 shares of the specialty retailer’s stock valued at $61,558,000 after acquiring an additional 54,567 shares in the last quarter. Fisher Asset Management LLC boosted its stake in Winmark by 33.2% in the third quarter. Fisher Asset Management LLC now owns 109,427 shares of the specialty retailer’s stock valued at $54,469,000 after acquiring an additional 27,275 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. boosted its stake in Winmark by 18.3% in the fourth quarter. Jacobs Levy Equity Management Inc. now owns 96,314 shares of the specialty retailer’s stock valued at $39,001,000 after acquiring an additional 14,881 shares in the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

Winmark Trading Up 0.5%

Shares of Winmark 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 stock has a market cap of $1.44 billion, a PE ratio of 36.27 and a beta of 0.54. The company has a 50-day moving average of $386.26 and a two-hundred day moving average of $417.70.

Winmark (NASDAQ:WINA) last released its quarterly 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). The business had revenue of $20.85 million during the quarter, compared to analyst estimates of $21.09 million. Winmark had a net margin of 48.19% and a negative return on equity of 100.45%.

Winmark Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Wednesday, May 13th were paid a dividend of $1.02 per share. This is an increase from Winmark’s previous quarterly dividend of $0.96. This represents a $4.08 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Wednesday, May 13th. Winmark’s payout ratio is 36.76%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings cut shares of Winmark from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, March 30th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold”.

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.