Dark Forest Capital Management LP Acquires New Holdings in Winmark Co. (NASDAQ:WINA)

Dark Forest Capital Management LP bought a new stake in Winmark Co. (NASDAQ:WINA - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,959 shares of the specialty retailer's stock, valued at approximately $770,000. Dark Forest Capital Management LP owned 0.06% of Winmark at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Congress Asset Management Co. raised 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 period. Allspring Global Investments Holdings LLC bought a new position in shares of Winmark in the fourth quarter worth about $351,000. Northstar Asset Management Inc. purchased a new position in Winmark in the 4th quarter worth about $1,200,000. Barclays PLC increased its stake in Winmark by 117.7% in the 3rd quarter. Barclays PLC now owns 6,073 shares of the specialty retailer's stock worth $2,325,000 after buying an additional 3,284 shares during the period. Finally, Nisa Investment Advisors LLC lifted its holdings in Winmark by 1,087.1% during the 4th quarter. Nisa Investment Advisors LLC now owns 736 shares of the specialty retailer's stock valued at $289,000 after buying an additional 674 shares in the last quarter. Institutional investors own 73.32% of the company's stock.

Winmark Price Performance

WINA stock traded down $10.90 during mid-day trading on Wednesday, reaching $355.43. The company had a trading volume of 10,552 shares, compared to its average volume of 24,033. The company has a market capitalization of $1.26 billion, a PE ratio of 32.57 and a beta of 0.64. The firm has a 50 day moving average of $329.74 and a 200 day moving average of $370.78. Winmark Co. has a 12 month low of $295.79 and a 12 month high of $431.67.

Winmark (NASDAQ:WINA - Get Free Report) last announced its quarterly earnings data 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). The firm had revenue of $21.92 million during the quarter, compared to the consensus estimate of $20.91 million. Winmark had a negative return on equity of 93.24% and a net margin of 49.15%. During the same period last year, the company earned $2.41 EPS.

Winmark Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Wednesday, May 14th will be issued a $0.96 dividend. This is an increase from Winmark's previous quarterly dividend of $0.90. This represents a $3.84 annualized dividend and a dividend yield of 1.08%. The ex-dividend date is Wednesday, May 14th. Winmark's payout ratio is presently 34.32%.

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.