OP Asset Management Ltd Takes $2.16 Million Position in Winmark Corporation $WINA

OP Asset Management Ltd bought a new position in Winmark Corporation (NASDAQ:WINA) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 5,044 shares of the specialty retailer’s stock, valued at approximately $2,157,000. OP Asset Management Ltd owned approximately 0.14% of Winmark at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Caitong International Asset Management Co. Ltd acquired a new position in Winmark in the fourth quarter worth $50,000. Global Retirement Partners LLC increased its stake in shares of Winmark by 265.4% in the fourth quarter. Global Retirement Partners LLC now owns 190 shares of the specialty retailer’s stock valued at $77,000 after buying an additional 138 shares in the last quarter. Tower Research Capital LLC TRC increased its stake in shares of Winmark by 19.0% in the second 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 in the last quarter. Smartleaf Asset Management LLC raised its holdings in shares of Winmark by 48.5% in the second quarter. Smartleaf Asset Management LLC now owns 355 shares of the specialty retailer’s stock valued at $133,000 after buying an additional 116 shares during the last quarter. Finally, CWM LLC lifted its position in Winmark by 24.3% during the 4th quarter. CWM LLC now owns 476 shares of the specialty retailer’s stock worth $193,000 after buying an additional 93 shares in the last quarter. 73.32% of the stock is currently owned by institutional investors.

Winmark Price Performance

WINA stock opened at $418.19 on Monday. The business’s fifty day moving average is $383.15 and its 200-day moving average is $416.94. The company has a market cap of $1.50 billion, a P/E ratio of 37.67 and a beta of 0.54. Winmark Corporation has a twelve month low of $338.18 and a twelve month high of $527.37.

Winmark (NASDAQ:WINA) last posted its quarterly earnings results on Wednesday, April 15th. The specialty retailer reported $2.50 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.70 by ($0.20). The company had revenue of $20.85 million during the quarter, compared to the consensus estimate of $21.09 million. Winmark had a negative return on equity of 100.45% and a net margin of 48.19%.

Winmark Increases Dividend

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings lowered shares of Winmark from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, March 30th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, Winmark currently has a consensus rating of “Hold”.

Winmark Profile

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.