Victory Capital Management Inc. Acquires 12,682 Shares of Winmark Co. (NASDAQ:WINA)

Victory Capital Management Inc. grew its stake in shares of Winmark Co. (NASDAQ:WINA - Free Report) by 292.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,020 shares of the specialty retailer's stock after purchasing an additional 12,682 shares during the period. Victory Capital Management Inc. owned approximately 0.48% of Winmark worth $6,690,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of WINA. Smartleaf Asset Management LLC boosted 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 valued at $93,000 after purchasing an additional 141 shares in the last quarter. Intech Investment Management LLC bought a new stake in shares of Winmark during the 3rd quarter valued at about $271,000. Centaurus Financial Inc. boosted its stake in shares of Winmark by 108.4% during the 3rd quarter. Centaurus Financial Inc. now owns 721 shares of the specialty retailer's stock valued at $276,000 after purchasing an additional 375 shares in the last quarter. Keybank National Association OH bought a new stake in shares of Winmark during the 4th quarter valued at about $279,000. Finally, Nisa Investment Advisors LLC boosted its stake in shares of Winmark by 1,087.1% during the 4th quarter. Nisa Investment Advisors LLC now owns 736 shares of the specialty retailer's stock valued at $289,000 after purchasing an additional 674 shares in the last quarter. Institutional investors own 73.32% of the company's stock.

Winmark Stock Up 2.3 %

Shares of WINA traded up $7.37 during trading hours on Tuesday, reaching $322.57. 40,198 shares of the company traded hands, compared to its average volume of 24,360. The company's fifty day moving average price is $362.91 and its two-hundred day moving average price is $378.28. The company has a market capitalization of $1.14 billion, a price-to-earnings ratio of 29.62 and a beta of 0.89. Winmark Co. has a 12 month low of $300.83 and a 12 month high of $431.67.

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

Winmark Cuts Dividend

The firm also recently disclosed 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 annualized dividend and a yield of 1.12%. 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.