StockNews.com upgraded shares of Winmark (NASDAQ:WINA – Get Rating) from a hold rating to a buy rating in a research note issued to investors on Wednesday.
Separately, TheStreet raised shares of Winmark from a c+ rating to a b rating in a research report on Monday, April 11th.
Winmark Trading Up 1.4 %
Shares of WINA stock opened at $212.58 on Wednesday. Winmark has a 1 year low of $183.93 and a 1 year high of $277.99. The firm’s fifty day simple moving average is $198.95 and its 200 day simple moving average is $212.73. The firm has a market capitalization of $730.85 million, a P/E ratio of 19.41 and a beta of 0.76.
Winmark Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 1st. Shareholders of record on Wednesday, August 10th will be paid a dividend of $0.70 per share. The ex-dividend date of this dividend is Tuesday, August 9th. This represents a $2.80 dividend on an annualized basis and a yield of 1.32%. Winmark’s dividend payout ratio is currently 25.57%.
Institutional Investors Weigh In On Winmark
A number of institutional investors have recently bought and sold shares of the business. Mawer Investment Management Ltd. boosted its stake in Winmark by 0.4% during the fourth quarter. Mawer Investment Management Ltd. now owns 386,155 shares of the specialty retailer’s stock worth $95,878,000 after buying an additional 1,355 shares in the last quarter. Vanguard Group Inc. boosted its stake in Winmark by 1.5% during the first quarter. Vanguard Group Inc. now owns 150,356 shares of the specialty retailer’s stock worth $33,079,000 after buying an additional 2,275 shares in the last quarter. QV Investors Inc. boosted its stake in shares of Winmark by 5.1% in the 1st quarter. QV Investors Inc. now owns 141,858 shares of the specialty retailer’s stock valued at $31,209,000 after purchasing an additional 6,860 shares in the last quarter. William Blair Investment Management LLC boosted its stake in shares of Winmark by 2.2% in the 1st quarter. William Blair Investment Management LLC now owns 98,510 shares of the specialty retailer’s stock valued at $21,672,000 after purchasing an additional 2,123 shares in the last quarter. Finally, AltraVue Capital LLC boosted its stake in shares of Winmark by 10.2% in the 4th quarter. AltraVue Capital LLC now owns 73,701 shares of the specialty retailer’s stock valued at $18,300,000 after purchasing an additional 6,850 shares in the last quarter. Institutional investors and hedge funds own 75.76% of the company’s stock.
About Winmark
Winmark Corporation, together with its subsidiaries, operates as a franchisor of retail store concepts that buy, sell, trade, and consign used merchandise primarily in the United States and Canada. The company operates through two segments, Franchising and Leasing. Its franchises retail stores operate under the Plato’s Closet, Once Upon A Child, Play It Again Sports, Style Encore, and Music Go Round brand names.
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