William Blair Investment Management LLC Acquires 12,755 Shares of Winmark Co. (NASDAQ:WINA)

William Blair Investment Management LLC grew its holdings in shares of Winmark Co. (NASDAQ:WINA - Free Report) by 17.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 84,803 shares of the specialty retailer's stock after buying an additional 12,755 shares during the period. William Blair Investment Management LLC owned 2.41% of Winmark worth $33,334,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Victory Capital Management Inc. boosted its holdings in shares of Winmark by 16.4% in the third quarter. Victory Capital Management Inc. now owns 4,338 shares of the specialty retailer's stock worth $1,661,000 after buying an additional 612 shares during the period. Intech Investment Management LLC purchased a new position in Winmark during the 3rd quarter worth approximately $271,000. Charles Schwab Investment Management Inc. raised its stake in Winmark by 2.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 24,067 shares of the specialty retailer's stock valued at $9,216,000 after purchasing an additional 555 shares during the period. Eagle Asset Management Inc. boosted its position in shares of Winmark by 14.2% in the third quarter. Eagle Asset Management Inc. now owns 21,372 shares of the specialty retailer's stock worth $8,772,000 after buying an additional 2,655 shares during the period. Finally, Centaurus Financial Inc. grew its holdings in shares of Winmark by 108.4% during the third quarter. Centaurus Financial Inc. now owns 721 shares of the specialty retailer's stock valued at $276,000 after buying an additional 375 shares in the last quarter. 73.32% of the stock is currently owned by institutional investors and hedge funds.

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Winmark Price Performance

Winmark stock traded down $2.90 during mid-day trading on Friday, hitting $319.52. The company's stock had a trading volume of 31,076 shares, compared to its average volume of 24,382. Winmark Co. has a 52-week low of $300.83 and a 52-week high of $431.67. The company has a market cap of $1.13 billion, a PE ratio of 29.34 and a beta of 0.89. The firm's 50 day moving average is $358.03 and its 200 day moving average is $376.97.

Winmark (NASDAQ:WINA - Get Free Report) last posted its quarterly earnings results on Wednesday, February 19th. The specialty retailer reported $2.60 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.65 by ($0.05). The company had revenue of $19.55 million during the quarter, compared to analysts' expectations 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 declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Wednesday, February 12th were issued a dividend of $0.90 per share. This represents a $3.60 annualized dividend and a dividend yield of 1.13%. The ex-dividend date of this dividend was Wednesday, February 12th. Winmark's dividend 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.