Dimensional Fund Advisors LP Lowers Stock Position in Winmark Co. (NASDAQ:WINA)

Dimensional Fund Advisors LP reduced its holdings in shares of Winmark Co. (NASDAQ:WINA - Free Report) by 3.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 102,404 shares of the specialty retailer's stock after selling 3,129 shares during the quarter. Dimensional Fund Advisors LP owned approximately 2.91% of Winmark worth $40,252,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in WINA. Sterling Capital Management LLC raised its position in shares of Winmark by 820.0% during the 4th quarter. Sterling Capital Management LLC now owns 92 shares of the specialty retailer's stock worth $36,000 after purchasing an additional 82 shares during the last quarter. Smartleaf Asset Management LLC increased 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 buying an additional 141 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Winmark in the fourth quarter valued at $220,000. KLP Kapitalforvaltning AS acquired a new stake in shares of Winmark during the fourth quarter valued at $236,000. Finally, Avantax Advisory Services Inc. boosted its stake in shares of Winmark by 6.8% during the fourth quarter. Avantax Advisory Services Inc. now owns 641 shares of the specialty retailer's stock valued at $252,000 after acquiring an additional 41 shares during the last quarter. Institutional investors and hedge funds own 73.32% of the company's stock.

Winmark Stock Performance

WINA stock traded up $0.21 during trading on Tuesday, hitting $368.69. The stock had a trading volume of 39,328 shares, compared to its average volume of 24,467. Winmark Co. has a 1-year low of $295.79 and a 1-year high of $431.67. The stock has a market cap of $1.30 billion, a price-to-earnings ratio of 33.86 and a beta of 0.54. The company's 50 day moving average price is $332.57 and its two-hundred day moving average price is $370.36.

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

Winmark Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Wednesday, May 14th will be paid a $0.96 dividend. This is a positive change from Winmark's previous quarterly dividend of $0.90. This represents a $3.84 annualized dividend and a yield of 1.04%. The ex-dividend date of this dividend is Wednesday, May 14th. Winmark's dividend 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.