Winmark (NASDAQ:WINA) Reaches New 12-Month Low – Should You Sell?

Winmark Co. (NASDAQ:WINA)’s stock price reached a new 52-week low on Thursday . The company traded as low as $300.83 and last traded at $304.11, with a volume of 20523 shares. The stock had previously closed at $308.43.

Winmark Price Performance

The stock has a market cap of $1.08 billion, a PE ratio of 27.93 and a beta of 0.89. The company’s fifty day moving average is $367.55 and its 200-day moving average is $379.26.

Winmark (NASDAQ:WINA) last released its quarterly earnings data on Wednesday, February 19th. The specialty retailer reported $2.60 earnings per share 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 company had revenue of $19.55 million for the quarter, compared to analysts’ expectations of $20.25 million.

Winmark Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Wednesday, February 12th were given a $0.90 dividend. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $3.60 annualized dividend and a yield of 1.18%. Winmark’s dividend payout ratio is presently 33.06%.

Hedge Funds Weigh In On Winmark

Several institutional investors have recently made changes to their positions in the company. Neuberger Berman Group LLC grew its position in Winmark by 2.0% during the fourth quarter. Neuberger Berman Group LLC now owns 333,273 shares of the specialty retailer’s stock valued at $131,000,000 after buying an additional 6,521 shares during the period. Vanguard Group Inc. boosted its stake in shares of Winmark by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 168,952 shares of the specialty retailer’s stock worth $66,410,000 after acquiring an additional 1,389 shares in the last quarter. William Blair Investment Management LLC grew its position in shares of Winmark by 17.7% during the 4th quarter. William Blair Investment Management LLC now owns 84,803 shares of the specialty retailer’s stock valued at $33,334,000 after acquiring an additional 12,755 shares during the period. Nine Ten Capital Management LLC increased its stake in shares of Winmark by 5.5% in the 4th quarter. Nine Ten Capital Management LLC now owns 83,900 shares of the specialty retailer’s stock valued at $32,979,000 after purchasing an additional 4,400 shares in the last quarter. Finally, State Street Corp increased its stake in shares of Winmark by 1.9% in the 3rd quarter. State Street Corp now owns 81,185 shares of the specialty retailer’s stock valued at $31,088,000 after purchasing an additional 1,535 shares in the last quarter. 73.32% of the stock is owned by hedge funds and other institutional investors.

Winmark Company Profile

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.