Monimus Capital Management LP Takes $1.69 Million Position in Winmark Co. (NASDAQ:WINA)

Monimus Capital Management LP bought a new position in shares of Winmark Co. (NASDAQ:WINA - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 4,298 shares of the specialty retailer's stock, valued at approximately $1,689,000. Winmark accounts for about 1.6% of Monimus Capital Management LP's holdings, making the stock its 23rd largest holding. Monimus Capital Management LP owned approximately 0.12% of Winmark at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of WINA. Smartleaf Asset Management LLC increased its stake in shares of Winmark by 145.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 238 shares of the specialty retailer's stock worth $93,000 after purchasing an additional 141 shares in the last quarter. Avantax Advisory Services Inc. grew its holdings in shares of Winmark by 6.8% during the 4th quarter. Avantax Advisory Services Inc. now owns 641 shares of the specialty retailer's stock worth $252,000 after purchasing an additional 41 shares during the period. Seizert Capital Partners LLC purchased a new position in shares of Winmark in the 4th quarter valued at $253,000. Intech Investment Management LLC acquired a new stake in shares of Winmark in the third quarter valued at about $271,000. Finally, Centaurus Financial Inc. raised its stake in shares of Winmark by 108.4% during the third 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 period. Institutional investors and hedge funds own 73.32% of the company's stock.

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Winmark Price Performance

Shares of NASDAQ:WINA traded up $1.34 during midday trading on Wednesday, reaching $323.91. The company had a trading volume of 26,377 shares, compared to its average volume of 24,387. The stock has a market capitalization of $1.15 billion, a P/E ratio of 29.74 and a beta of 0.89. Winmark Co. has a one year low of $300.83 and a one year high of $431.67. The stock's fifty day moving average price is $361.64 and its 200-day moving average price is $378.02.

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 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 company had revenue of $19.55 million during the quarter, compared to analyst estimates of $20.25 million.

Winmark Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Wednesday, February 12th were paid a dividend of $0.90 per share. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $3.60 annualized dividend and a dividend yield of 1.11%. Winmark's dividend payout ratio (DPR) is presently 33.06%.

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.