Winmark (NASDAQ:WINA) Shares Cross Below Two Hundred Day Moving Average – Should You Sell?

by · The Markets Daily

Winmark Corporation (NASDAQ:WINAGet Free Report)’s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $419.03 and traded as low as $368.56. Winmark shares last traded at $375.70, with a volume of 43,487 shares.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings lowered shares of Winmark from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, March 30th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has an average rating of “Hold”.

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Winmark Stock Performance

The firm has a market capitalization of $1.35 billion, a PE ratio of 34.02 and a beta of 0.54. The stock has a fifty day moving average price of $390.55 and a 200-day moving average price of $418.45.

Winmark (NASDAQ:WINAGet Free Report) last issued its quarterly earnings data on Wednesday, April 15th. The specialty retailer reported $2.50 earnings per share for the quarter, missing analysts’ consensus estimates of $2.70 by ($0.20). Winmark had a negative return on equity of 100.45% and a net margin of 48.19%.The company had revenue of $20.85 million for the quarter, compared to analysts’ expectations of $21.09 million.

Winmark Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Wednesday, May 13th were given a dividend of $1.02 per share. The ex-dividend date of this dividend was Wednesday, May 13th. This is a positive change from Winmark’s previous quarterly dividend of $0.96. This represents a $4.08 dividend on an annualized basis and a yield of 1.1%. Winmark’s dividend payout ratio is currently 36.76%.

Hedge Funds Weigh In On Winmark

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in WINA. Alliancebernstein L.P. lifted its holdings in Winmark by 2,358.0% in the second quarter. Alliancebernstein L.P. now owns 73,739 shares of the specialty retailer’s stock valued at $27,845,000 after acquiring an additional 70,739 shares during the period. Jacobs Levy Equity Management Inc. increased its holdings in shares of Winmark by 534.7% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 81,433 shares of the specialty retailer’s stock valued at $40,535,000 after purchasing an additional 68,603 shares in the last quarter. First Trust Advisors LP increased its holdings in shares of Winmark by 56.0% during the 4th quarter. First Trust Advisors LP now owns 152,018 shares of the specialty retailer’s stock valued at $61,558,000 after purchasing an additional 54,567 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Winmark by 97.6% in the 4th quarter. Goldman Sachs Group Inc. now owns 82,386 shares of the specialty retailer’s stock valued at $33,361,000 after purchasing an additional 40,699 shares during the period. Finally, Fisher Asset Management LLC lifted its stake in shares of Winmark by 33.2% in the 3rd quarter. Fisher Asset Management LLC now owns 109,427 shares of the specialty retailer’s stock valued at $54,469,000 after purchasing an additional 27,275 shares during the period. Hedge funds and other institutional investors own 73.32% of the company’s stock.

About Winmark

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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.

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