Illinois Municipal Retirement Fund Takes Position in Winmark Corporation $WINA

Illinois Municipal Retirement Fund acquired a new position in Winmark Corporation (NASDAQ:WINA) during the first quarter, HoldingsChannel.com reports. The fund acquired 1,508 shares of the specialty retailer’s stock, valued at approximately $645,000.

Several other large investors have also recently modified their holdings of WINA. Tower Research Capital LLC TRC increased its position 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 worth $80,000 after purchasing an additional 34 shares in the last quarter. ProShare Advisors LLC boosted its position in shares of Winmark by 6.9% in the 4th quarter. ProShare Advisors LLC now owns 545 shares of the specialty retailer’s stock worth $221,000 after purchasing an additional 35 shares in the last quarter. Mariner LLC grew its stake in Winmark by 3.9% during the 3rd quarter. Mariner LLC now owns 933 shares of the specialty retailer’s stock worth $464,000 after buying an additional 35 shares during the last quarter. Inspire Investing LLC grew its stake in Winmark by 3.1% during the 1st quarter. Inspire Investing LLC now owns 1,192 shares of the specialty retailer’s stock worth $510,000 after buying an additional 36 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in Winmark by 1.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,229 shares of the specialty retailer’s stock valued at $2,105,000 after buying an additional 43 shares in the last quarter. Institutional investors own 73.32% of the company’s stock.

Winmark Trading Down 0.9%

Shares of Winmark stock opened at $332.52 on Friday. Winmark Corporation has a 12-month low of $330.63 and a 12-month high of $527.37. The firm has a market capitalization of $1.19 billion, a price-to-earnings ratio of 30.17 and a beta of 0.52. The firm’s 50 day simple moving average is $387.63 and its two-hundred day simple moving average is $412.88.

Winmark (NASDAQ:WINA) last posted its quarterly earnings data on Wednesday, July 15th. The specialty retailer reported $2.81 EPS for the quarter, missing the consensus estimate of $3.14 by ($0.33). Winmark had a negative return on equity of 99.47% and a net margin of 47.09%.The company had revenue of $21.97 million for the quarter, compared to analyst estimates of $21.67 million.

Winmark Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Wednesday, August 12th will be paid a $1.02 dividend. The ex-dividend date is Wednesday, August 12th. This represents a $4.08 dividend on an annualized basis and a yield of 1.2%. Winmark’s dividend payout ratio (DPR) is 37.02%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Winmark in a research note on Tuesday, July 14th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company 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.