D. E. Shaw & Co. Inc. Decreases Stake in Winmark Co. (NASDAQ:WINA)

D. E. Shaw & Co. Inc. decreased its position in shares of Winmark Co. (NASDAQ:WINA - Free Report) by 21.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,222 shares of the specialty retailer's stock after selling 1,418 shares during the quarter. D. E. Shaw & Co. Inc. owned 0.15% of Winmark worth $2,053,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Sterling Capital Management LLC grew its stake 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 period. Smartleaf Asset Management LLC grew its stake in Winmark by 145.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 238 shares of the specialty retailer's stock valued at $93,000 after acquiring an additional 141 shares during the period. Dynamic Technology Lab Private Ltd acquired a new stake in Winmark in the 4th quarter valued at $220,000. KLP Kapitalforvaltning AS acquired a new stake in Winmark in the 4th quarter valued at $236,000. Finally, Brevan Howard Capital Management LP acquired a new stake in Winmark in the 4th quarter valued at $247,000. Institutional investors and hedge funds own 73.32% of the company's stock.

Winmark Stock Performance

Winmark stock traded up $1.11 during trading on Friday, reaching $417.11. The company had a trading volume of 42,045 shares, compared to its average volume of 25,584. The firm's 50-day simple moving average is $354.87 and its 200 day simple moving average is $372.90. Winmark Co. has a 1-year low of $295.79 and a 1-year high of $434.87. The firm has a market capitalization of $1.47 billion, a PE ratio of 38.30 and a beta of 0.54.

Winmark (NASDAQ:WINA - Get Free Report) last released its quarterly 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). 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 prior year, the business posted $2.41 EPS.

Winmark Increases Dividend

The business also recently declared 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. The ex-dividend date is Wednesday, May 14th. 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. Winmark's dividend payout ratio (DPR) is currently 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.