Caxton Associates LLP Takes Position in Winmark Corporation $WINA

Key Points

• Caxton Associates LLP has invested approximately $713,000 in Winmark Corporation by acquiring 2,242 shares, indicating a commitment to the specialty retailer.
• Winmark recently announced a quarterly dividend of $0.96, representing an annualized amount of $3.84 and a yield of 0.8%.
• As of the latest filings, institutional investors and hedge funds together hold 73.32% of Winmark's stock, highlighting significant investor interest in the company.

Caxton Associates LLP acquired a new stake in Winmark Corporation (NASDAQ:WINA - Free Report) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 2,242 shares of the specialty retailer's stock, valued at approximately $713,000. Caxton Associates LLP owned 0.06% of Winmark at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Winmark in the 4th quarter valued at about $31,000. National Bank of Canada FI lifted its stake in shares of Winmark by 147.3% in the 1st quarter. National Bank of Canada FI now owns 136 shares of the specialty retailer's stock valued at $43,000 after purchasing an additional 81 shares during the period. Point72 Asset Management L.P. acquired a new position in shares of Winmark in the 4th quarter valued at about $146,000. Hsbc Holdings PLC acquired a new position in shares of Winmark in the 1st quarter valued at about $233,000. Finally, Dynamic Technology Lab Private Ltd lifted its stake in shares of Winmark by 36.8% in the 1st quarter. Dynamic Technology Lab Private Ltd now owns 766 shares of the specialty retailer's stock valued at $243,000 after purchasing an additional 206 shares during the period. 73.32% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CEO Brett D. Heffes sold 4,971 shares of the company's stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $453.89, for a total transaction of $2,256,287.19. Following the transaction, the chief executive officer directly owned 114,400 shares of the company's stock, valued at approximately $51,925,016. This represents a 4.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 10.10% of the company's stock.

Winmark Stock Performance

Shares of NASDAQ:WINA traded up $3.85 during midday trading on Tuesday, reaching $502.10. The company's stock had a trading volume of 19,098 shares, compared to its average volume of 84,328. The firm has a market capitalization of $1.78 billion, a price-to-earnings ratio of 44.71 and a beta of 0.65. The firm has a 50 day moving average price of $418.33 and a two-hundred day moving average price of $386.80. Winmark Corporation has a fifty-two week low of $295.79 and a fifty-two week high of $518.48.

Winmark (NASDAQ:WINA - Get Free Report) last announced its quarterly earnings data on Tuesday, July 15th. The specialty retailer reported $2.89 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.88 by $0.01. Winmark had a negative return on equity of 98.49% and a net margin of 49.48%.The company had revenue of $20.42 million for the quarter, compared to the consensus estimate of $20.31 million.

Winmark Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Wednesday, August 13th were paid a dividend of $0.96 per share. This represents a $3.84 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Wednesday, August 13th. Winmark's dividend payout ratio is 34.19%.

Winmark Company 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.