Winmark Corporation $WINA Shares Acquired by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans boosted its position in Winmark Corporation (NASDAQ:WINA) by 90.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,766 shares of the specialty retailer’s stock after purchasing an additional 1,315 shares during the period. Thrivent Financial for Lutherans’ holdings in Winmark were worth $1,377,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the company. AlphaQuest LLC raised its stake in shares of Winmark by 32.0% in the 3rd quarter. AlphaQuest LLC now owns 458 shares of the specialty retailer’s stock worth $228,000 after buying an additional 111 shares in the last quarter. James Investment Research Inc. grew its holdings in Winmark by 18.8% during the third quarter. James Investment Research Inc. now owns 2,560 shares of the specialty retailer’s stock worth $1,274,000 after acquiring an additional 405 shares during the period. Teacher Retirement System of Texas raised its position in Winmark by 1.6% in the third quarter. Teacher Retirement System of Texas now owns 4,725 shares of the specialty retailer’s stock worth $2,352,000 after acquiring an additional 73 shares in the last quarter. Northstar Asset Management Inc. raised its position in Winmark by 7.6% in the third quarter. Northstar Asset Management Inc. now owns 7,899 shares of the specialty retailer’s stock worth $3,932,000 after acquiring an additional 560 shares in the last quarter. Finally, Anchor Capital Advisors LLC lifted its holdings in Winmark by 1.3% in the 3rd quarter. Anchor Capital Advisors LLC now owns 3,402 shares of the specialty retailer’s stock valued at $1,693,000 after acquiring an additional 43 shares during the last quarter. 73.32% of the stock is currently owned by institutional investors and hedge funds.

Winmark Stock Up 3.8%

Shares of NASDAQ WINA opened at $455.77 on Friday. Winmark Corporation has a 12 month low of $295.79 and a 12 month high of $527.37. The company has a market cap of $1.62 billion, a price-to-earnings ratio of 40.62 and a beta of 0.68. The business has a fifty day simple moving average of $432.54 and a 200-day simple moving average of $438.18.

Winmark Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Wednesday, February 11th will be paid a dividend of $0.96 per share. The ex-dividend date of this dividend is Wednesday, February 11th. This represents a $3.84 dividend on an annualized basis and a yield of 0.8%. Winmark’s dividend payout ratio is currently 34.22%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Winmark in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of “Buy”.

Winmark Profile

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.