4,000 Shares of Winmark Corporation $WINA Bought by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Winmark Corporation (NASDAQ:WINA) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 4,000 shares of the specialty retailer’s stock, valued at approximately $1,201,000.

A number of other hedge funds also recently bought and sold shares of WINA. BOKF NA boosted its stake in shares of Winmark by 28.4% in the 3rd quarter. BOKF NA now owns 1,283 shares of the specialty retailer’s stock valued at $385,000 after buying an additional 284 shares during the period. Schwartz Investment Counsel Inc. increased its stake in shares of Winmark by 26.0% during the third quarter. Schwartz Investment Counsel Inc. now owns 33,875 shares of the specialty retailer’s stock worth $10,169,000 after buying an additional 6,995 shares during the period. Signaturefd LLC increased its stake in shares of Winmark by 162.5% during the third quarter. Signaturefd LLC now owns 231 shares of the specialty retailer’s stock worth $69,000 after buying an additional 143 shares during the period. Inspire Investing LLC increased its stake in shares of Winmark by 30.7% during the third quarter. Inspire Investing LLC now owns 2,122 shares of the specialty retailer’s stock worth $637,000 after buying an additional 498 shares during the period. Finally, Copeland Capital Management LLC increased its stake in shares of Winmark by 55.2% during the third quarter. Copeland Capital Management LLC now owns 97,891 shares of the specialty retailer’s stock worth $29,386,000 after buying an additional 34,832 shares during the period. Institutional investors and hedge funds own 73.32% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings cut shares of Winmark from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, September 18th. One research analyst has rated the stock with a Hold rating. According to data from MarketBeat, the company has an average rating of “Hold”.

Winmark Trading Up 3.3%

Shares of WINA opened at $277.51 on Thursday. The firm has a market capitalization of $987.94 million, a price-to-earnings ratio of 24.76 and a beta of 0.56. The firm’s fifty day simple moving average is $299.78 and its 200-day simple moving average is $376.71. Winmark Corporation has a twelve month low of $266.51 and a twelve month high of $488.83.

Winmark (NASDAQ:WINA) last issued its earnings results on Wednesday, October 14th. The specialty retailer reported $3.21 EPS for the quarter, missing analysts’ consensus estimates of $3.23 by ($0.02). The firm had revenue of $27.89 million for the quarter, compared to analyst estimates of $23.99 million. Winmark had a negative return on equity of 94.74% and a net margin of 45.13%.

Winmark Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Wednesday, November 11th will be paid a $1.02 dividend. The ex-dividend date is Tuesday, November 10th. This represents a $4.08 dividend on an annualized basis and a yield of 1.5%. Winmark’s dividend payout ratio (DPR) is currently 36.40%.

Winmark Company Profile

Winmark Corporation is a franchisor that develops and supports resale and specialty retail businesses in the United States and Canada. Its franchise concepts focus on buying and selling gently used merchandise, offering consumers value-oriented alternatives to traditional retail while providing franchisees with established brand systems and operational support.

The company’s retail brands include Plato’s Closet, which specializes in fashion and accessories for teens and young adults; Once Upon A Child, which sells children’s clothing, toys and equipment; Play It Again Sports, which focuses on new and used sporting goods; Style Encore, which offers women’s resale fashion; and Music Go Round, which specializes in used and new musical instruments and equipment.