Vanguard Group Inc. Raises Stock Holdings in Winmark Co. (NASDAQ:WINA)

Vanguard Group Inc. raised its stake in Winmark Co. (NASDAQ:WINA - Free Report) by 0.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 168,952 shares of the specialty retailer's stock after purchasing an additional 1,389 shares during the quarter. Vanguard Group Inc. owned about 4.80% of Winmark worth $66,410,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. William Blair Investment Management LLC boosted its holdings in Winmark by 17.7% in the fourth quarter. William Blair Investment Management LLC now owns 84,803 shares of the specialty retailer's stock valued at $33,334,000 after acquiring an additional 12,755 shares during the last quarter. State Street Corp raised its holdings in shares of Winmark by 1.9% in the 3rd quarter. State Street Corp now owns 81,185 shares of the specialty retailer's stock worth $31,088,000 after purchasing an additional 1,535 shares during the period. Geode Capital Management LLC lifted its stake in shares of Winmark by 2.1% in the 3rd quarter. Geode Capital Management LLC now owns 71,185 shares of the specialty retailer's stock valued at $27,264,000 after purchasing an additional 1,445 shares in the last quarter. Copeland Capital Management LLC grew its holdings in shares of Winmark by 2.5% during the 4th quarter. Copeland Capital Management LLC now owns 65,224 shares of the specialty retailer's stock worth $25,638,000 after purchasing an additional 1,594 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in Winmark during the 4th quarter worth approximately $12,071,000. 73.32% of the stock is owned by hedge funds and other institutional investors.

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Winmark Price Performance

WINA stock traded down $5.24 during midday trading on Tuesday, reaching $322.71. 9,178 shares of the company's stock traded hands, compared to its average volume of 24,260. Winmark Co. has a fifty-two week low of $295.79 and a fifty-two week high of $431.67. The business has a 50-day moving average price of $335.28 and a two-hundred day moving average price of $371.96. The company has a market capitalization of $1.14 billion, a P/E ratio of 29.63 and a beta of 0.64.

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

Winmark Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Wednesday, February 12th were paid a $0.90 dividend. The ex-dividend date was Wednesday, February 12th. This represents a $3.60 dividend on an annualized basis and a dividend yield of 1.12%. Winmark's dividend payout ratio (DPR) 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.