Kennedy Capital Management LLC Increases Position in Winmark Co. (NASDAQ:WINA)

Kennedy Capital Management LLC grew its holdings in shares of Winmark Co. (NASDAQ:WINA - Free Report) by 36.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,192 shares of the specialty retailer's stock after acquiring an additional 4,570 shares during the quarter. Kennedy Capital Management LLC owned about 0.49% of Winmark worth $6,758,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Congress Asset Management Co. grew its holdings in shares of Winmark by 73.3% during the 4th quarter. Congress Asset Management Co. now owns 15,823 shares of the specialty retailer's stock valued at $6,220,000 after purchasing an additional 6,690 shares during the last quarter. Allspring Global Investments Holdings LLC bought a new position in Winmark in the fourth quarter worth $351,000. Northstar Asset Management Inc. purchased a new position in Winmark during the 4th quarter valued at about $1,200,000. Barclays PLC boosted its position in shares of Winmark by 117.7% in the 3rd quarter. Barclays PLC now owns 6,073 shares of the specialty retailer's stock worth $2,325,000 after purchasing an additional 3,284 shares in the last quarter. Finally, Nisa Investment Advisors LLC raised its stake in Winmark by 1,087.1% during the fourth quarter. Nisa Investment Advisors LLC now owns 736 shares of the specialty retailer's stock valued at $289,000 after buying an additional 674 shares during the last quarter. Hedge funds and other institutional investors own 73.32% of the company's stock.

Winmark Stock Performance

Shares of WINA traded down $1.95 on Tuesday, hitting $326.00. 21,614 shares of the stock traded hands, compared to its average volume of 24,285. The company has a market capitalization of $1.15 billion, a PE ratio of 29.94 and a beta of 0.64. The business has a 50 day simple moving average of $334.15 and a 200 day simple moving average of $371.64. Winmark Co. has a one year low of $295.79 and a one year high of $431.67.

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Winmark (NASDAQ:WINA - Get Free Report) last issued its quarterly earnings data on Wednesday, February 19th. The specialty retailer reported $2.60 EPS for the quarter, missing the consensus estimate of $2.65 by ($0.05). Winmark had a negative return on equity of 93.24% and a net margin of 49.15%. The firm had revenue of $19.55 million during the quarter, compared to the consensus estimate of $20.25 million.

Winmark Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Wednesday, February 12th were issued a dividend of $0.90 per share. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $3.60 dividend on an annualized basis and a yield of 1.10%. Winmark's dividend payout ratio is currently 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.