Teacher Retirement System of Texas Makes New $1.38 Million Investment in Winmark Co. (NASDAQ:WINA)

Teacher Retirement System of Texas bought a new stake in shares of Winmark Co. (NASDAQ:WINA - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,519 shares of the specialty retailer's stock, valued at approximately $1,383,000. Teacher Retirement System of Texas owned about 0.10% of Winmark at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Intech Investment Management LLC purchased a new stake in Winmark during the 3rd quarter valued at about $271,000. Charles Schwab Investment Management Inc. boosted its position in shares of Winmark by 2.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 24,067 shares of the specialty retailer's stock valued at $9,216,000 after acquiring an additional 555 shares during the last quarter. Walleye Capital LLC grew its holdings in shares of Winmark by 63.4% in the third quarter. Walleye Capital LLC now owns 2,335 shares of the specialty retailer's stock valued at $894,000 after purchasing an additional 906 shares during the period. Rockefeller Capital Management L.P. purchased a new position in Winmark during the third quarter worth about $9,168,000. Finally, ClearAlpha Technologies LP raised its position in shares of Winmark by 26.4% during the 3rd quarter. ClearAlpha Technologies LP now owns 1,265 shares of the specialty retailer's stock valued at $484,000 after buying an additional 264 shares during the period. Hedge funds and other institutional investors own 73.32% of the company's stock.

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Winmark Stock Up 0.5 %

NASDAQ:WINA traded up $1.45 on Tuesday, reaching $319.32. The company's stock had a trading volume of 6,252 shares, compared to its average volume of 24,473. The firm has a market cap of $1.13 billion, a price-to-earnings ratio of 29.32 and a beta of 0.89. Winmark Co. has a 12-month low of $300.83 and a 12-month high of $431.67. The stock has a 50 day moving average price of $350.08 and a 200 day moving average price of $376.07.

Winmark (NASDAQ:WINA - Get Free Report) last posted 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). The company had revenue of $19.55 million for the quarter, compared to analysts' expectations of $20.25 million. Winmark had a negative return on equity of 93.24% and a net margin of 49.15%.

Winmark Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Wednesday, February 12th were paid a dividend of $0.90 per share. This represents a $3.60 annualized dividend and a yield of 1.13%. The ex-dividend date was Wednesday, February 12th. Winmark's payout ratio is 33.06%.

Winmark 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.