OneAscent Financial Services LLC Invests $466,000 in Winmark Co. (NASDAQ:WINA)

OneAscent Financial Services LLC bought a new position in shares of Winmark Co. (NASDAQ:WINA - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 1,184 shares of the specialty retailer's stock, valued at approximately $466,000.

Other hedge funds have also bought and sold shares of the company. Raymond James Financial Inc. purchased a new stake in shares of Winmark during the fourth quarter valued at $12,071,000. William Blair Investment Management LLC grew its stake in Winmark by 17.7% during the 4th quarter. William Blair Investment Management LLC now owns 84,803 shares of the specialty retailer's stock valued at $33,334,000 after purchasing an additional 12,755 shares during the last quarter. Victory Capital Management Inc. increased its holdings in shares of 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 stake in shares of Winmark by 73.3% in the fourth 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 acquired a new stake in shares of Winmark during the fourth quarter worth about $1,689,000. Institutional investors and hedge funds own 73.32% of the company's stock.

Winmark Stock Performance

NASDAQ WINA traded up $15.20 during trading hours on Wednesday, reaching $335.44. The stock had a trading volume of 33,773 shares, compared to its average volume of 24,539. Winmark Co. has a 52-week low of $295.79 and a 52-week high of $431.67. The stock has a market cap of $1.19 billion, a P/E ratio of 30.80 and a beta of 0.64. The stock has a fifty day moving average of $338.28 and a 200 day moving average of $373.05.

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Winmark (NASDAQ:WINA - Get Free Report) last released its quarterly earnings data on Wednesday, February 19th. The specialty retailer reported $2.60 earnings per share for the quarter, missing analysts' consensus estimates of $2.65 by ($0.05). The business had revenue of $19.55 million during 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 was paid on Monday, March 3rd. Stockholders of record on Wednesday, February 12th were issued a $0.90 dividend. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $3.60 annualized dividend and a dividend 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.