Neuberger Berman Group LLC Has $131 Million Stock Position in Winmark Co. (NASDAQ:WINA)

Neuberger Berman Group LLC increased its position in Winmark Co. (NASDAQ:WINA - Free Report) by 2.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 333,273 shares of the specialty retailer's stock after buying an additional 6,521 shares during the quarter. Neuberger Berman Group LLC owned 9.47% of Winmark worth $131,000,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the business. Raymond James Financial Inc. acquired a new position in Winmark in the 4th quarter valued at approximately $12,071,000. William Blair Investment Management LLC grew its stake in shares of Winmark by 17.7% in the fourth quarter. William Blair Investment Management LLC now owns 84,803 shares of the specialty retailer's stock worth $33,334,000 after purchasing an additional 12,755 shares during the last quarter. Victory Capital Management Inc. increased its holdings in Winmark by 292.3% in the fourth quarter. Victory Capital Management Inc. now owns 17,020 shares of the specialty retailer's stock valued at $6,690,000 after purchasing an additional 12,682 shares during the period. Congress Asset Management Co. raised its position in Winmark by 73.3% during the 4th quarter. Congress Asset Management Co. now owns 15,823 shares of the specialty retailer's stock worth $6,220,000 after purchasing an additional 6,690 shares during the last quarter. Finally, Monimus Capital Management LP bought a new position in Winmark during the 4th quarter worth $1,689,000. Institutional investors own 73.32% of the company's stock.

Winmark Stock Down 1.6 %

Shares of NASDAQ WINA traded down $5.24 during trading on Tuesday, reaching $322.71. The company had a trading volume of 6,260 shares, compared to its average volume of 24,249. The stock has a market cap of $1.14 billion, a P/E ratio of 29.63 and a beta of 0.64. The company's fifty day moving average price is $335.28 and its 200-day moving average price is $371.96. Winmark Co. has a 12 month low of $295.79 and a 12 month high of $431.67.

Remove Ads

Winmark (NASDAQ:WINA - Get Free Report) last announced its earnings results 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 net margin of 49.15% and a negative return on equity of 93.24%. The company had revenue of $19.55 million during the quarter, compared to the consensus estimate of $20.25 million.

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 dividend on an annualized basis and a yield of 1.12%. The ex-dividend date of this dividend was Wednesday, February 12th. Winmark's dividend payout ratio 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.