Allspring Global Investments Holdings LLC Takes $351,000 Position in Winmark Co. (NASDAQ:WINA)

Allspring Global Investments Holdings LLC acquired a new stake in Winmark Co. (NASDAQ:WINA - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 892 shares of the specialty retailer's stock, valued at approximately $351,000.

Several other hedge funds have also bought and sold shares of the company. ClearAlpha Technologies LP lifted its stake in Winmark by 26.4% in the 3rd quarter. ClearAlpha Technologies LP now owns 1,265 shares of the specialty retailer's stock valued at $484,000 after purchasing an additional 264 shares during the last quarter. Centaurus Financial Inc. lifted its stake in Winmark by 108.4% in the 3rd quarter. Centaurus Financial Inc. now owns 721 shares of the specialty retailer's stock valued at $276,000 after purchasing an additional 375 shares during the last quarter. Stifel Financial Corp lifted its stake in Winmark by 13.7% in the 3rd quarter. Stifel Financial Corp now owns 3,961 shares of the specialty retailer's stock valued at $1,517,000 after purchasing an additional 477 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in Winmark by 2.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 24,067 shares of the specialty retailer's stock worth $9,216,000 after acquiring an additional 555 shares during the last quarter. Finally, Victory Capital Management Inc. lifted its position in Winmark by 16.4% during the third quarter. Victory Capital Management Inc. now owns 4,338 shares of the specialty retailer's stock worth $1,661,000 after acquiring an additional 612 shares during the last quarter. 73.32% of the stock is currently owned by institutional investors and hedge funds.

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Winmark Trading Up 1.4 %

WINA stock traded up $4.49 during mid-day trading on Friday, hitting $336.08. 26,705 shares of the company were exchanged, compared to its average volume of 20,172. The business has a 50 day simple moving average of $381.88 and a 200-day simple moving average of $382.28. The stock has a market capitalization of $1.18 billion, a PE ratio of 30.86 and a beta of 0.82. Winmark Co. has a 1-year low of $328.01 and a 1-year high of $431.67.

Winmark (NASDAQ:WINA - Get Free Report) last issued its quarterly earnings data on Wednesday, February 19th. The specialty retailer reported $2.60 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.65 by ($0.05). The company had revenue of $19.55 million for the quarter, compared to analyst estimates 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 business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Wednesday, February 12th will be given a dividend of $0.90 per share. The ex-dividend date of this dividend is Wednesday, February 12th. This represents a $3.60 annualized dividend and a yield of 1.07%. Winmark's dividend payout ratio (DPR) is presently 33.06%.

Winmark Company 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.