Winmark Co. (NASDAQ:WINA) Shares Sold by D. E. Shaw & Co. Inc.

D. E. Shaw & Co. Inc. reduced its holdings in Winmark Co. (NASDAQ:WINA - Free Report) by 21.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,222 shares of the specialty retailer's stock after selling 1,418 shares during the period. D. E. Shaw & Co. Inc. owned about 0.15% of Winmark worth $2,053,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new stake in Winmark in the fourth quarter valued at $12,071,000. William Blair Investment Management LLC lifted its holdings in shares of Winmark by 17.7% in the 4th quarter. William Blair Investment Management LLC now owns 84,803 shares of the specialty retailer's stock valued at $33,334,000 after buying an additional 12,755 shares during the period. Victory Capital Management Inc. boosted its stake in shares of Winmark by 292.3% in 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 during the last quarter. Congress Asset Management Co. grew its holdings 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 acquiring an additional 6,690 shares during the period. Finally, Neuberger Berman Group LLC raised 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 valued at $131,000,000 after acquiring an additional 6,521 shares in the last quarter. Institutional investors and hedge funds own 73.32% of the company's stock.

Winmark Price Performance

NASDAQ:WINA traded up $1.11 during trading hours on Monday, reaching $417.11. The company had a trading volume of 42,045 shares, compared to its average volume of 25,647. Winmark Co. has a 1-year low of $295.79 and a 1-year high of $434.87. The business's 50 day moving average price is $358.63 and its 200-day moving average price is $372.68. The firm has a market cap of $1.47 billion, a PE ratio of 38.30 and a beta of 0.54.

Winmark (NASDAQ:WINA - Get Free Report) last posted its 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 firm had revenue of $21.92 million for the quarter, compared to analysts' expectations of $20.91 million. During the same period last year, the firm earned $2.41 earnings per share.

Winmark Increases Dividend

The company also recently disclosed 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. The ex-dividend date of this dividend is Wednesday, May 14th. This represents a $3.84 dividend on an annualized basis and a dividend yield of 0.92%. This is an increase from Winmark's previous quarterly dividend of $0.90. Winmark's dividend payout ratio is 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.