Arrowstreet Capital Limited Partnership Sells 7,878 Shares of Winmark Co. (NASDAQ:WINA)

Arrowstreet Capital Limited Partnership lessened its stake in shares of Winmark Co. (NASDAQ:WINA - Free Report) by 63.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,539 shares of the specialty retailer's stock after selling 7,878 shares during the quarter. Arrowstreet Capital Limited Partnership owned about 0.13% of Winmark worth $1,784,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in WINA. Smartleaf Asset Management LLC boosted its position in Winmark by 145.4% during 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 period. KLP Kapitalforvaltning AS acquired a new stake in shares of Winmark in the fourth quarter worth $236,000. Avantax Advisory Services Inc. boosted its holdings in shares of Winmark by 6.8% during the 4th quarter. Avantax Advisory Services Inc. now owns 641 shares of the specialty retailer's stock worth $252,000 after buying an additional 41 shares during the period. Seizert Capital Partners LLC acquired a new position in Winmark in the 4th quarter valued at $253,000. Finally, Keybank National Association OH acquired a new position in Winmark in the 4th quarter valued at $279,000. Institutional investors and hedge funds own 73.32% of the company's stock.

Winmark Trading Down 0.2 %

Winmark stock traded down $0.78 on Wednesday, reaching $325.22. 586 shares of the stock were exchanged, compared to its average volume of 24,196. Winmark Co. has a twelve month low of $295.79 and a twelve month high of $431.67. The firm has a fifty day moving average price of $334.15 and a two-hundred day moving average price of $371.64. The stock has a market cap of $1.15 billion, a PE ratio of 29.91 and a beta of 0.64.

Winmark (NASDAQ:WINA - Get Free Report) last posted its quarterly earnings data 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 negative return on equity of 93.24% and a net margin of 49.15%. 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 disclosed 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 of this dividend was Wednesday, February 12th. This represents a $3.60 annualized dividend and a dividend yield of 1.11%. Winmark's payout ratio is 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.