Dark Forest Capital Management LP Takes $770,000 Position in Winmark Co. (NASDAQ:WINA)

Dark Forest Capital Management LP purchased a new position in shares of Winmark Co. (NASDAQ:WINA - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,959 shares of the specialty retailer's stock, valued at approximately $770,000. Dark Forest Capital Management LP owned 0.06% of Winmark as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently bought and sold shares of WINA. Avantax Advisory Services Inc. raised its position in shares of Winmark by 6.8% in the fourth quarter. Avantax Advisory Services Inc. now owns 641 shares of the specialty retailer's stock worth $252,000 after acquiring an additional 41 shares during the period. Cavalier Investments LLC grew its position in Winmark by 2.8% in the fourth quarter. Cavalier Investments LLC now owns 1,742 shares of the specialty retailer's stock worth $685,000 after acquiring an additional 48 shares during the period. Mariner LLC lifted its position in Winmark by 10.0% in the fourth quarter. Mariner LLC now owns 866 shares of the specialty retailer's stock valued at $340,000 after buying an additional 79 shares during the last quarter. Anchor Capital Advisors LLC increased its holdings in Winmark by 2.4% in the 4th quarter. Anchor Capital Advisors LLC now owns 3,467 shares of the specialty retailer's stock valued at $1,363,000 after purchasing an additional 80 shares during the last quarter. Finally, Sterling Capital Management LLC raised its holdings in shares of Winmark by 820.0% in the 4th quarter. Sterling Capital Management LLC now owns 92 shares of the specialty retailer's stock valued at $36,000 after buying an additional 82 shares during the period. Hedge funds and other institutional investors own 73.32% of the company's stock.

Winmark Stock Performance

Shares of Winmark stock traded up $0.79 during trading hours on Monday, reaching $364.27. 20,466 shares of the company were exchanged, compared to its average volume of 24,077. Winmark Co. has a 1 year low of $295.79 and a 1 year high of $431.67. The firm has a market cap of $1.29 billion, a PE ratio of 33.45 and a beta of 0.64. The stock's fifty day moving average is $329.53 and its 200 day moving average is $370.83.

Winmark (NASDAQ:WINA - Get Free Report) last released its earnings results on Wednesday, April 16th. The specialty retailer reported $2.71 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.74 by ($0.03). The company had revenue of $21.92 million during the quarter, compared to analyst estimates of $20.91 million. Winmark had a net margin of 49.15% and a negative return on equity of 93.24%. During the same period in the previous year, the firm posted $2.41 EPS.

Winmark Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Wednesday, May 14th will be given a dividend of $0.96 per share. The ex-dividend date is Wednesday, May 14th. This represents a $3.84 dividend on an annualized basis and a yield of 1.05%. This is a positive change from Winmark's previous quarterly dividend of $0.90. Winmark's dividend payout ratio (DPR) is 34.32%.

About Winmark

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.