Walleye Capital LLC Has $631,000 Stock Position in Winmark Co. (NASDAQ:WINA)

Walleye Capital LLC reduced its holdings in Winmark Co. (NASDAQ:WINA - Free Report) by 31.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,606 shares of the specialty retailer's stock after selling 729 shares during the period. Walleye Capital LLC's holdings in Winmark were worth $631,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Raymond James Financial Inc. acquired a new position in shares of Winmark in the 4th quarter valued at about $12,071,000. William Blair Investment Management LLC increased its stake in Winmark by 17.7% in 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 buying an additional 12,755 shares during the period. Victory Capital Management Inc. increased its stake in Winmark by 292.3% in the 4th quarter. Victory Capital Management Inc. now owns 17,020 shares of the specialty retailer's stock valued at $6,690,000 after buying an additional 12,682 shares during the period. Congress Asset Management Co. lifted its position in Winmark by 73.3% in the 4th quarter. Congress Asset Management Co. now owns 15,823 shares of the specialty retailer's stock worth $6,220,000 after buying an additional 6,690 shares in the last quarter. Finally, Neuberger Berman Group LLC boosted its stake in shares of Winmark by 2.0% during the 4th quarter. Neuberger Berman Group LLC now owns 333,273 shares of the specialty retailer's stock valued at $131,000,000 after buying an additional 6,521 shares during the period. 73.32% of the stock is currently owned by institutional investors and hedge funds.

Winmark Trading Up 0.2 %

NASDAQ WINA opened at $352.20 on Wednesday. Winmark Co. has a 1-year low of $295.79 and a 1-year high of $431.67. The firm's fifty day simple moving average is $330.41 and its 200-day simple moving average is $370.84. The company has a market capitalization of $1.25 billion, a PE ratio of 32.34 and a beta of 0.64.

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

Winmark Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Wednesday, May 14th will be paid a $0.96 dividend. The ex-dividend date is Wednesday, May 14th. This is a boost from Winmark's previous quarterly dividend of $0.90. This represents a $3.84 dividend on an annualized basis and a yield of 1.09%. Winmark's payout ratio is 34.32%.

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.

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