Rockefeller Capital Management L.P. Sells 10,360 Shares of Winmark Corporation $WINA

Rockefeller Capital Management L.P. lessened its holdings in shares of Winmark Corporation (NASDAQ:WINA) by 23.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 33,315 shares of the specialty retailer’s stock after selling 10,360 shares during the period. Rockefeller Capital Management L.P. owned about 0.93% of Winmark worth $13,491,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Caitong International Asset Management Co. Ltd bought a new stake in shares of Winmark in the 4th quarter worth approximately $50,000. Global Retirement Partners LLC increased its stake in shares of Winmark by 265.4% during 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 during the period. Tower Research Capital LLC TRC raised its holdings in shares of Winmark by 19.0% during the second quarter. Tower Research Capital LLC TRC now owns 213 shares of the specialty retailer’s stock valued at $80,000 after acquiring an additional 34 shares in the last quarter. Smartleaf Asset Management LLC raised its holdings in shares of Winmark by 48.5% during the second quarter. Smartleaf Asset Management LLC now owns 355 shares of the specialty retailer’s stock valued at $133,000 after acquiring an additional 116 shares in the last quarter. Finally, CWM LLC lifted its stake in Winmark by 24.3% in the fourth quarter. CWM LLC now owns 476 shares of the specialty retailer’s stock worth $193,000 after acquiring an additional 93 shares during the period. Institutional investors own 73.32% of the company’s stock.

Winmark Price Performance

Shares of WINA opened at $430.25 on Thursday. The company has a 50-day simple moving average of $382.14 and a two-hundred day simple moving average of $416.94. The firm has a market capitalization of $1.54 billion, a PE ratio of 38.76 and a beta of 0.54. Winmark Corporation has a one year low of $338.18 and a one year high of $527.37.

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

Winmark Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Wednesday, May 13th were paid a $1.02 dividend. The ex-dividend date of this dividend was Wednesday, May 13th. This is a positive change from Winmark’s previous quarterly dividend of $0.96. This represents a $4.08 annualized dividend and a yield of 0.9%. Winmark’s payout ratio is currently 36.76%.

Analyst Ratings Changes

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

Winmark Company 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.