Winmark (NASDAQ:WINA) Sees Large Volume Increase – What’s Next?

Shares of Winmark Co. (NASDAQ:WINA) saw an uptick in trading volume on Friday . 32,413 shares traded hands during trading, an increase of 34% from the previous session’s volume of 24,174 shares.The stock last traded at $323.17 and had previously closed at $318.42.

Winmark Price Performance

The stock has a market cap of $1.15 billion, a P/E ratio of 29.78 and a beta of 0.89. The business’s 50 day simple moving average is $372.49 and its 200 day simple moving average is $380.49.

Winmark (NASDAQ:WINA) last posted its earnings results on Wednesday, February 19th. The specialty retailer reported $2.60 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.65 by ($0.05). Winmark had a net margin of 49.15% and a negative return on equity of 93.24%. The firm had revenue of $19.55 million during the quarter, compared to the consensus estimate of $20.25 million.

Winmark Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Wednesday, February 12th were paid a $0.90 dividend. This represents a $3.60 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date was Wednesday, February 12th. Winmark’s dividend payout ratio (DPR) is currently 33.06%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Avantax Advisory Services Inc. increased its holdings in shares of Winmark by 6.8% in the fourth quarter. Avantax Advisory Services Inc. now owns 641 shares of the specialty retailer’s stock valued at $252,000 after purchasing an additional 41 shares in the last quarter. Cavalier Investments LLC increased its holdings in shares of Winmark by 2.8% in the fourth quarter. Cavalier Investments LLC now owns 1,742 shares of the specialty retailer’s stock valued at $685,000 after purchasing an additional 48 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Winmark by 3.9% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,659 shares of the specialty retailer’s stock valued at $652,000 after purchasing an additional 62 shares in the last quarter. Snowden Capital Advisors LLC increased its holdings in shares of Winmark by 10.6% in the fourth quarter. Snowden Capital Advisors LLC now owns 680 shares of the specialty retailer’s stock valued at $267,000 after purchasing an additional 65 shares in the last quarter. Finally, Mariner LLC increased its holdings in shares of Winmark by 10.0% in the fourth quarter. Mariner LLC now owns 866 shares of the specialty retailer’s stock valued at $340,000 after purchasing an additional 79 shares in the last quarter. Institutional investors own 73.32% of the company’s stock.

About Winmark

Winmark Corporation, a resale company operates as a franchisor for small business in the United States and Canada. The company franchises retail stores concepts that buy, sell and trade merchandise. It also operates middle-market equipment leasing business. In addition, the company buys and sells used clothing and accessories geared toward the teenage and young adult market under Plato’s Closet brand; and operates stores which buys and sells used and new children’s clothing, toys, furniture, equipment, and accessories primarily to parents of children ages infant to 12 years under the Once Upon A Child brand.