Louisiana State Employees Retirement System Purchases New Position in Winmark Corporation $WINA

Louisiana State Employees Retirement System purchased a new stake in shares of Winmark Corporation (NASDAQ:WINA) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 1,300 shares of the specialty retailer’s stock, valued at approximately $556,000.

A number of other large investors have also added to or reduced their stakes in the company. OP Asset Management Ltd bought a new position in shares of Winmark during the 1st quarter valued at approximately $2,157,000. Mountain Pacific Investment Advisers LLC increased its position in Winmark by 1.2% in the first quarter. Mountain Pacific Investment Advisers LLC now owns 4,473 shares of the specialty retailer’s stock worth $1,912,000 after purchasing an additional 54 shares during the last quarter. Hsbc Holdings PLC increased its position in Winmark by 39.3% in the fourth quarter. Hsbc Holdings PLC now owns 705 shares of the specialty retailer’s stock worth $285,000 after purchasing an additional 199 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in Winmark during the fourth quarter valued at $50,000. Finally, Susquehanna Portfolio Strategies LLC lifted its position in Winmark by 325.4% during the fourth quarter. Susquehanna Portfolio Strategies LLC now owns 9,707 shares of the specialty retailer’s stock valued at $3,931,000 after purchasing an additional 7,425 shares during the last quarter. Institutional investors own 73.32% of the company’s stock.

Winmark Stock Down 2.4%

Shares of WINA opened at $411.56 on Wednesday. The company has a market cap of $1.47 billion, a PE ratio of 37.08 and a beta of 0.52. The business has a fifty day moving average of $386.45 and a 200 day moving average of $416.25. Winmark Corporation has a 52-week low of $338.18 and a 52-week high of $527.37.

Winmark (NASDAQ:WINA) last posted its quarterly earnings data 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). The firm had revenue of $20.85 million for the quarter, compared to the consensus estimate 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 company also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Shareholders 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 an increase from Winmark’s previous quarterly dividend of $0.96. This represents a $4.08 annualized dividend and a yield of 1.0%. Winmark’s payout ratio is 36.76%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings downgraded 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 data from MarketBeat.com, Winmark 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.