BidaskClub Downgrades Winmark (NASDAQ:WINA) to Sell

BidaskClub cut shares of Winmark (NASDAQ:WINA) from a hold rating to a sell rating in a research report report published on Friday, February 16th.

Shares of Winmark (WINA) traded down $1.05 during midday trading on Friday, hitting $130.95. The stock had a trading volume of 2,439 shares, compared to its average volume of 4,517. Winmark has a 52 week low of $110.25 and a 52 week high of $144.10. The company has a quick ratio of 2.34, a current ratio of 2.35 and a debt-to-equity ratio of -1.82. The stock has a market capitalization of $507.56, a price-to-earnings ratio of 22.97 and a beta of 0.45.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 1st. Stockholders of record on Wednesday, February 7th were issued a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a dividend yield of 0.34%. The ex-dividend date of this dividend was Tuesday, February 6th. Winmark’s payout ratio is 7.72%.

Hedge funds and other institutional investors have recently modified their holdings of the company. Old Mutual Global Investors UK Ltd. purchased a new position in shares of Winmark during the third quarter worth about $114,000. MetLife Investment Advisors LLC purchased a new position in shares of Winmark during the fourth quarter worth about $148,000. WFG Advisors LP grew its holdings in shares of Winmark by 31.5% during the second quarter. WFG Advisors LP now owns 1,253 shares of the specialty retailer’s stock worth $162,000 after purchasing an additional 300 shares in the last quarter. SG Americas Securities LLC purchased a new position in shares of Winmark during the fourth quarter worth about $192,000. Finally, Citadel Advisors LLC purchased a new position in shares of Winmark during the third quarter worth about $208,000. 49.33% of the stock is owned by institutional investors.

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Winmark Company Profile

Winmark Corporation is a franchisor of five retail store concepts that buy, sell and trade gently used merchandise. The Company operates through two business segments: franchising and leasing. The franchising segment franchises value-oriented retail store concepts that buy, sell, trade and consign merchandise.

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