Dimensional Fund Advisors LP Sells 3,129 Shares of Winmark Co. (NASDAQ:WINA)

Dimensional Fund Advisors LP lowered its position in Winmark Co. (NASDAQ:WINA - Free Report) by 3.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund 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 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of WINA. Congress Asset Management Co. boosted its holdings in shares of Winmark by 73.3% during the 4th quarter. Congress Asset Management Co. now owns 15,823 shares of the specialty retailer's stock worth $6,220,000 after buying an additional 6,690 shares during the period. Allspring Global Investments Holdings LLC acquired a new position in shares of Winmark in the 4th quarter valued at approximately $351,000. Northstar Asset Management Inc. acquired a new position in shares of Winmark in the 4th quarter valued at approximately $1,200,000. Barclays PLC boosted its position in shares of Winmark by 117.7% during the 3rd quarter. Barclays PLC now owns 6,073 shares of the specialty retailer's stock worth $2,325,000 after acquiring an additional 3,284 shares in the last quarter. Finally, Nisa Investment Advisors LLC increased its stake in Winmark by 1,087.1% in the fourth quarter. Nisa Investment Advisors LLC now owns 736 shares of the specialty retailer's stock valued at $289,000 after acquiring an additional 674 shares during the last quarter. 73.32% of the stock is currently owned by institutional investors and hedge funds.

Winmark Price Performance

Shares of WINA stock traded up $2.44 on Friday, hitting $388.35. 7,901 shares of the company's stock were exchanged, compared to its average volume of 24,623. The company has a 50 day moving average of $334.58 and a 200 day moving average of $370.39. The stock has a market cap of $1.37 billion, a P/E ratio of 35.66 and a beta of 0.54. 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 issued its quarterly earnings results on Wednesday, April 16th. The specialty retailer reported $2.71 earnings per share for the quarter, missing the consensus estimate of $2.74 by ($0.03). Winmark had a net margin of 49.15% and a negative return on equity of 93.24%. The company had revenue of $21.92 million during the quarter, compared to analyst estimates of $20.91 million. During the same period in the previous year, the company posted $2.41 EPS.

Winmark Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Wednesday, May 14th will be given a $0.96 dividend. The ex-dividend date of this dividend is Wednesday, May 14th. This is a positive change from Winmark's previous quarterly dividend of $0.90. This represents a $3.84 annualized dividend and a dividend yield of 0.99%. Winmark's dividend payout ratio (DPR) is 34.32%.

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.