Renaissance Technologies LLC Cuts Stock Position in Winmark Co. (NASDAQ:WINA)

Renaissance Technologies LLC trimmed its position in shares of Winmark Co. (NASDAQ:WINA - Free Report) by 5.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 174,231 shares of the specialty retailer's stock after selling 9,900 shares during the quarter. Renaissance Technologies LLC owned about 4.95% of Winmark worth $68,485,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Envestnet Asset Management Inc. boosted its position in Winmark by 6.8% in the fourth quarter. Envestnet Asset Management Inc. now owns 17,991 shares of the specialty retailer's stock worth $7,072,000 after purchasing an additional 1,147 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in Winmark during the fourth quarter valued at approximately $220,000. Wells Fargo & Company MN increased its holdings in Winmark by 4.5% during the fourth quarter. Wells Fargo & Company MN now owns 7,080 shares of the specialty retailer's stock valued at $2,783,000 after buying an additional 307 shares during the last quarter. Landscape Capital Management L.L.C. bought a new position in Winmark in the fourth quarter worth approximately $272,000. Finally, OneAscent Financial Services LLC purchased a new position in shares of Winmark during the 4th quarter worth $466,000. 73.32% of the stock is currently owned by institutional investors.

Winmark Price Performance

Shares of NASDAQ:WINA traded down $3.07 during mid-day trading on Tuesday, reaching $324.88. 4,782 shares of the company traded hands, compared to its average volume of 24,242. The firm has a market cap of $1.15 billion, a PE ratio of 29.83 and a beta of 0.64. Winmark Co. has a 52 week low of $295.79 and a 52 week high of $431.67. The company's 50 day moving average price is $335.28 and its 200-day moving average price is $371.96.

Remove Ads

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

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 given a dividend of $0.90 per share. This represents a $3.60 annualized dividend and a dividend yield of 1.11%. The ex-dividend date was Wednesday, February 12th. Winmark's payout ratio is currently 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.