Landscape Capital Management L.L.C. Acquires Shares of 6,205 Winmark Corporation $WINA

Landscape Capital Management L.L.C. bought a new position in shares of Winmark Corporation (NASDAQ:WINA) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 6,205 shares of the specialty retailer’s stock, valued at approximately $2,625,000.

Several other hedge funds also recently made changes to their positions in the business. BlackRock Inc. acquired a new stake in shares of Winmark in the second quarter valued at approximately $207,212,000. Alliancebernstein L.P. increased its stake in Winmark by 2,358.0% during the 2nd quarter. Alliancebernstein L.P. now owns 73,739 shares of the specialty retailer’s stock worth $27,845,000 after acquiring an additional 70,739 shares during the period. Jacobs Levy Equity Management Inc. increased its stake in Winmark by 534.7% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 81,433 shares of the specialty retailer’s stock worth $40,535,000 after acquiring an additional 68,603 shares during the period. First Trust Advisors LP raised its holdings in Winmark by 56.0% in the 4th quarter. First Trust Advisors LP now owns 152,018 shares of the specialty retailer’s stock valued at $61,558,000 after acquiring an additional 54,567 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in 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 acquiring an additional 40,699 shares in the last quarter. 73.32% of the stock is owned by institutional investors.

Winmark Trading Up 0.4%

Shares of NASDAQ:WINA opened at $344.28 on Friday. The firm has a 50 day moving average of $377.42 and a 200-day moving average of $400.15. Winmark Corporation has a 12 month low of $325.06 and a 12 month high of $527.37. The stock has a market capitalization of $1.24 billion, a PE ratio of 31.24 and a beta of 0.53.

Winmark (NASDAQ:WINA) last posted its quarterly earnings results on Wednesday, July 15th. The specialty retailer reported $2.81 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.14 by ($0.33). The firm had revenue of $21.97 million for the quarter, compared to analyst estimates of $21.67 million. Winmark had a negative return on equity of 99.47% and a net margin of 47.09%.

Winmark Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Wednesday, August 12th will be issued a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Wednesday, August 12th. Winmark’s dividend payout ratio (DPR) is currently 37.02%.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Winmark in a research report on Tuesday, July 14th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has a consensus rating of “Hold”.

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.