Winmark Co. (NASDAQ:WINA – Get Rating)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $220.47 and traded as low as $192.53. Winmark shares last traded at $192.78, with a volume of 12,480 shares changing hands.
WINA has been the topic of a number of recent analyst reports. StockNews.com downgraded Winmark from a “buy” rating to a “hold” rating in a research report on Wednesday, June 15th. TheStreet raised Winmark from a “c+” rating to a “b” rating in a report on Monday, April 11th.
The company’s 50-day moving average price is $203.42 and its two-hundred day moving average price is $220.47. The company has a market capitalization of $670.68 million, a P/E ratio of 17.95 and a beta of 0.80.
The company also recently declared a quarterly dividend, which was paid on Wednesday, June 1st. Investors of record on Wednesday, May 11th were issued a dividend of $0.70 per share. This is a boost from Winmark’s previous quarterly dividend of $0.45. This represents a $2.80 annualized dividend and a yield of 1.45%. The ex-dividend date was Tuesday, May 10th. Winmark’s dividend payout ratio (DPR) is presently 26.07%.
Institutional investors have recently made changes to their positions in the company. FCF Advisors LLC grew its position in Winmark by 2.5% during the first quarter. FCF Advisors LLC now owns 2,201 shares of the specialty retailer’s stock worth $484,000 after buying an additional 53 shares in the last quarter. Metropolitan Life Insurance Co NY grew its holdings in shares of Winmark by 6.2% during the 3rd quarter. Metropolitan Life Insurance Co NY now owns 931 shares of the specialty retailer’s stock worth $200,000 after purchasing an additional 54 shares in the last quarter. Voya Investment Management LLC increased its position in shares of Winmark by 5.3% in the third quarter. Voya Investment Management LLC now owns 1,307 shares of the specialty retailer’s stock worth $281,000 after purchasing an additional 66 shares during the period. Guardian Wealth Management Inc. acquired a new position in Winmark in the fourth quarter valued at about $27,000. Finally, Northwestern Mutual Wealth Management Co. bought a new stake in Winmark during the first quarter worth about $40,000. 75.76% of the stock is owned by institutional investors.
Winmark Company Profile (NASDAQ:WINA)
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.
Further Reading
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