Rockefeller Capital Management L.P. Raises Position in Winmark Co. (NASDAQ:WINA)

Rockefeller Capital Management L.P. grew its stake in Winmark Co. (NASDAQ:WINA - Free Report) by 26.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 30,191 shares of the specialty retailer's stock after purchasing an additional 6,248 shares during the period. Rockefeller Capital Management L.P. owned approximately 0.86% of Winmark worth $11,867,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Avantax Advisory Services Inc. boosted its position in shares of Winmark by 6.8% during the fourth quarter. Avantax Advisory Services Inc. now owns 641 shares of the specialty retailer's stock valued at $252,000 after buying an additional 41 shares during the period. Cavalier Investments LLC increased its stake in Winmark by 2.8% in the fourth quarter. Cavalier Investments LLC now owns 1,742 shares of the specialty retailer's stock worth $685,000 after purchasing an additional 48 shares during the period. Anchor Capital Advisors LLC boosted its stake in shares of Winmark by 2.4% during the fourth quarter. Anchor Capital Advisors LLC now owns 3,467 shares of the specialty retailer's stock valued at $1,363,000 after purchasing an additional 80 shares during the period. Sterling Capital Management LLC grew its holdings in shares of Winmark by 820.0% in the fourth quarter. Sterling Capital Management LLC now owns 92 shares of the specialty retailer's stock worth $36,000 after purchasing an additional 82 shares during the last quarter. Finally, Swiss National Bank lifted its holdings in Winmark by 1.7% during the 4th quarter. Swiss National Bank now owns 5,900 shares of the specialty retailer's stock valued at $2,319,000 after buying an additional 100 shares in the last quarter. Hedge funds and other institutional investors own 73.32% of the company's stock.

Winmark Price Performance

WINA stock traded up $5.10 during mid-day trading on Monday, reaching $349.06. The company had a trading volume of 3,597 shares, compared to its average volume of 23,906. The company has a market capitalization of $1.24 billion, a PE ratio of 32.03 and a beta of 0.64. The firm has a 50 day moving average of $331.53 and a 200 day moving average of $371.10. Winmark Co. has a 12 month low of $295.79 and a 12 month high of $431.67.

Winmark (NASDAQ:WINA - Get Free Report) last posted its quarterly earnings results on Wednesday, April 16th. The specialty retailer reported $2.71 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.74 by ($0.03). Winmark had a negative return on equity of 93.24% and a net margin of 49.15%. The firm had revenue of $21.92 million for the quarter, compared to the consensus estimate of $20.91 million. During the same period in the previous year, the company posted $2.41 EPS.

Winmark Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Wednesday, May 14th will be given a dividend of $0.96 per share. This represents a $3.84 annualized dividend and a yield of 1.10%. The ex-dividend date of this dividend is Wednesday, May 14th. This is a boost from Winmark's previous quarterly dividend of $0.90. Winmark's dividend payout ratio (DPR) is 33.06%.

Winmark 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.