Envestnet Asset Management Inc. Buys 1,147 Shares of Winmark Co. (NASDAQ:WINA)

Envestnet Asset Management Inc. grew its holdings in shares of Winmark Co. (NASDAQ:WINA - Free Report) by 6.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 17,991 shares of the specialty retailer's stock after buying an additional 1,147 shares during the period. Envestnet Asset Management Inc. owned approximately 0.51% of Winmark worth $7,072,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Avantax Advisory Services Inc. lifted its stake in shares of Winmark by 6.8% in the fourth quarter. Avantax Advisory Services Inc. now owns 641 shares of the specialty retailer's stock valued at $252,000 after buying an additional 41 shares in the last quarter. Cavalier Investments LLC lifted its position in Winmark by 2.8% in the 4th quarter. Cavalier Investments LLC now owns 1,742 shares of the specialty retailer's stock valued at $685,000 after acquiring an additional 48 shares in the last quarter. Anchor Capital Advisors LLC boosted its stake in Winmark by 2.4% during the 4th quarter. Anchor Capital Advisors LLC now owns 3,467 shares of the specialty retailer's stock valued at $1,363,000 after purchasing an additional 80 shares during the last quarter. Swiss National Bank increased its holdings in Winmark by 1.7% during the 4th quarter. Swiss National Bank now owns 5,900 shares of the specialty retailer's stock worth $2,319,000 after purchasing an additional 100 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its stake in shares of Winmark by 145.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 238 shares of the specialty retailer's stock worth $93,000 after purchasing an additional 141 shares during the last quarter. 73.32% of the stock is currently owned by institutional investors.

Winmark Trading Down 1.5 %

Shares of NASDAQ:WINA traded down $5.55 during mid-day trading on Friday, hitting $356.81. 5,761 shares of the company traded hands, compared to its average volume of 23,960. The stock has a 50-day moving average price of $329.72 and a two-hundred day moving average price of $370.78. Winmark Co. has a 12-month low of $295.79 and a 12-month high of $431.67. The stock has a market cap of $1.26 billion, a P/E ratio of 32.76 and a beta of 0.64.

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

Winmark Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Wednesday, May 14th will be given a dividend of $0.96 per share. The ex-dividend date is Wednesday, May 14th. This represents a $3.84 annualized dividend and a dividend yield of 1.08%. This is a boost from Winmark's previous quarterly dividend of $0.90. Winmark's dividend payout ratio (DPR) is currently 34.32%.

Winmark Company 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.