Cubist Systematic Strategies LLC Sells 768 Shares of Winmark Co. (NASDAQ:WINA)

Cubist Systematic Strategies LLC cut its holdings in shares of Winmark Co. (NASDAQ:WINA - Free Report) by 91.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 70 shares of the specialty retailer's stock after selling 768 shares during the quarter. Cubist Systematic Strategies LLC's holdings in Winmark were worth $27,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of WINA. Raymond James Financial Inc. bought a new stake in Winmark in the 4th quarter valued at $12,071,000. William Blair Investment Management LLC grew its position in Winmark by 17.7% during the fourth quarter. William Blair Investment Management LLC now owns 84,803 shares of the specialty retailer's stock worth $33,334,000 after buying an additional 12,755 shares in the last quarter. Victory Capital Management Inc. grew its position in Winmark by 292.3% during the fourth quarter. Victory Capital Management Inc. now owns 17,020 shares of the specialty retailer's stock worth $6,690,000 after buying an additional 12,682 shares in the last quarter. Congress Asset Management Co. grew its position in Winmark by 73.3% during the fourth 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 in the last quarter. Finally, Neuberger Berman Group LLC grew its position in Winmark by 2.0% during the fourth quarter. Neuberger Berman Group LLC now owns 333,273 shares of the specialty retailer's stock worth $131,000,000 after buying an additional 6,521 shares in the last quarter. 73.32% of the stock is owned by institutional investors.

Winmark Price Performance

Shares of NASDAQ WINA traded up $1.11 during trading hours on Friday, reaching $417.11. The stock had a trading volume of 42,045 shares, compared to its average volume of 25,647. The business's fifty day moving average is $356.76 and its two-hundred day moving average is $372.63. The company has a market cap of $1.47 billion, a price-to-earnings ratio of 38.30 and a beta of 0.54. Winmark Co. has a twelve month low of $295.79 and a twelve month high of $434.87.

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

Winmark Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Wednesday, May 14th will be given a $0.96 dividend. This represents a $3.84 dividend on an annualized basis and a yield of 0.92%. This is a boost from Winmark's previous quarterly dividend of $0.90. The ex-dividend date is Wednesday, May 14th. Winmark's dividend payout ratio is 34.32%.

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.