Bessemer Group Inc. Purchases 2,005 Shares of Winmark Co. (NASDAQ:WINA)

Bessemer Group Inc. lifted its position in shares of Winmark Co. (NASDAQ:WINA - Free Report) by 3.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 52,990 shares of the specialty retailer's stock after buying an additional 2,005 shares during the period. Bessemer Group Inc. owned about 1.51% of Winmark worth $20,828,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Raymond James Financial Inc. purchased a new position in shares of Winmark during the fourth quarter worth approximately $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 worth $33,334,000 after purchasing an additional 12,755 shares during the period. Victory Capital Management Inc. boosted its position in Winmark by 292.3% during 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. grew its position in shares of 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 during the last quarter. Finally, Monimus Capital Management LP purchased a new stake in Winmark in the fourth quarter worth about $1,689,000. 73.32% of the stock is owned by hedge funds and other institutional investors.

Winmark Stock Performance

Shares of WINA traded down $1.95 on Tuesday, reaching $326.00. The stock had a trading volume of 21,614 shares, compared to its average volume of 24,307. The firm has a market capitalization of $1.15 billion, a price-to-earnings ratio of 29.94 and a beta of 0.64. The company has a 50-day simple moving average of $335.28 and a 200-day simple moving average of $371.96. Winmark Co. has a 12-month low of $295.79 and a 12-month high of $431.67.

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

Winmark Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Wednesday, February 12th were issued a $0.90 dividend. This represents a $3.60 dividend on an annualized basis and a yield of 1.10%. The ex-dividend date was Wednesday, February 12th. Winmark's dividend payout ratio (DPR) is presently 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.