Landscape Capital Management L.L.C. Increases Holdings in Winmark Corporation $WINA

Landscape Capital Management L.L.C. grew its holdings in shares of Winmark Corporation (NASDAQ:WINA) by 24.8% in the 4th quarter, HoldingsChannel reports. The firm owned 14,312 shares of the specialty retailer’s stock after acquiring an additional 2,841 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in Winmark were worth $5,796,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the business. Tower Research Capital LLC TRC grew its stake in shares of Winmark by 19.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 213 shares of the specialty retailer’s stock worth $80,000 after acquiring an additional 34 shares during the period. ProShare Advisors LLC grew its stake in shares of Winmark by 6.9% during the 4th quarter. ProShare Advisors LLC now owns 545 shares of the specialty retailer’s stock worth $221,000 after acquiring an additional 35 shares during the period. Mariner LLC grew its stake in shares of Winmark by 3.9% during the 3rd quarter. Mariner LLC now owns 933 shares of the specialty retailer’s stock worth $464,000 after acquiring an additional 35 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Winmark by 1.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,229 shares of the specialty retailer’s stock worth $2,105,000 after acquiring an additional 43 shares during the period. Finally, Franklin Resources Inc. grew its stake in shares of Winmark by 2.3% during the 3rd quarter. Franklin Resources Inc. now owns 2,025 shares of the specialty retailer’s stock worth $1,008,000 after acquiring an additional 45 shares during the period. 73.32% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings downgraded Winmark from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, March 30th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Winmark presently has an average rating of “Hold”.

Winmark Stock Up 1.5%

NASDAQ:WINA opened at $400.62 on Friday. The business’s 50-day moving average price is $386.82 and its two-hundred day moving average price is $417.78. Winmark Corporation has a twelve month low of $338.18 and a twelve month high of $527.37. The stock has a market cap of $1.43 billion, a P/E ratio of 36.09 and a beta of 0.54.

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

Winmark Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Wednesday, May 13th were issued a $1.02 dividend. This represents a $4.08 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend was Wednesday, May 13th. This is an increase from Winmark’s previous quarterly dividend of $0.96. Winmark’s payout ratio is 36.76%.

About Winmark

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.