Winmark Co. (NASDAQ:WINA) Shares Sold by Mawer Investment Management Ltd.

Mawer Investment Management Ltd. lowered its stake in shares of Winmark Co. (NASDAQ:WINA - Free Report) by 13.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 77,714 shares of the specialty retailer's stock after selling 12,559 shares during the quarter. Mawer Investment Management Ltd. owned approximately 2.21% of Winmark worth $30,547,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in WINA. Raymond James Financial Inc. bought a new stake in Winmark in the fourth quarter valued at $12,071,000. Rockefeller Capital Management L.P. bought a new stake in Winmark in the 3rd quarter valued at about $9,168,000. William Blair Investment Management LLC boosted its stake in Winmark by 17.7% during 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 purchasing an additional 12,755 shares during the period. Victory Capital Management Inc. boosted its stake 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 purchasing an additional 12,682 shares during the period. Finally, Congress Asset Management Co. grew 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 purchasing an additional 6,690 shares during the last quarter. 73.32% of the stock is currently owned by institutional investors.

Winmark Stock Performance

Shares of WINA traded down $12.05 during mid-day trading on Thursday, reaching $311.44. 21,950 shares of the company's stock traded hands, compared to its average volume of 24,415. The business's 50-day moving average price is $347.32 and its 200-day moving average price is $375.39. The stock has a market capitalization of $1.10 billion, a P/E ratio of 28.60 and a beta of 0.89. Winmark Co. has a 12 month low of $293.72 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 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 the consensus estimate of $20.25 million.

Winmark Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Wednesday, February 12th were given a $0.90 dividend. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $3.60 dividend on an annualized basis and a yield of 1.16%. Winmark's dividend payout ratio 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.