Jane Street Group LLC Cuts Stock Position in Winmark Co. (NASDAQ:WINA)

Jane Street Group LLC lessened its holdings in shares of Winmark Co. (NASDAQ:WINA - Free Report) by 73.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 771 shares of the specialty retailer's stock after selling 2,150 shares during the period. Jane Street Group LLC's holdings in Winmark were worth $303,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of WINA. Neuberger Berman Group LLC grew its position in shares of Winmark by 2.0% in the 4th 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 during the last quarter. Vanguard Group Inc. raised its holdings in shares of Winmark by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 168,952 shares of the specialty retailer's stock valued at $66,410,000 after acquiring an additional 1,389 shares in the last quarter. William Blair Investment Management LLC lifted its stake in Winmark by 17.7% in the fourth quarter. William Blair Investment Management LLC now owns 84,803 shares of the specialty retailer's stock worth $33,334,000 after acquiring an additional 12,755 shares during the period. Nine Ten Capital Management LLC boosted its holdings in Winmark by 5.5% in the fourth quarter. Nine Ten Capital Management LLC now owns 83,900 shares of the specialty retailer's stock valued at $32,979,000 after acquiring an additional 4,400 shares in the last quarter. Finally, Geode Capital Management LLC boosted its holdings in Winmark by 0.4% in the fourth quarter. Geode Capital Management LLC now owns 71,451 shares of the specialty retailer's stock valued at $28,092,000 after acquiring an additional 266 shares in the last quarter. Hedge funds and other institutional investors own 73.32% of the company's stock.

Insider Transactions at Winmark

In related news, CFO Anthony D. Ishaug sold 4,000 shares of the stock in a transaction dated Friday, May 30th. The shares were sold at an average price of $425.95, for a total value of $1,703,800.00. Following the completion of the transaction, the chief financial officer now directly owns 56,683 shares in the company, valued at $24,144,123.85. This trade represents a 6.59% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 10.10% of the company's stock.

Winmark Trading Up 1.9%

NASDAQ WINA traded up $7.99 during trading on Thursday, hitting $429.02. The company had a trading volume of 779,014 shares, compared to its average volume of 57,424. The company's fifty day moving average is $372.76 and its 200-day moving average is $374.00. Winmark Co. has a one year low of $295.79 and a one year high of $434.86. The company has a market cap of $1.52 billion, a price-to-earnings ratio of 39.42 and a beta of 0.54.

Winmark (NASDAQ:WINA - Get Free Report) last announced its quarterly earnings results on Wednesday, April 16th. The specialty retailer reported $2.71 earnings per share (EPS) 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 for the quarter, compared to analysts' expectations of $20.91 million. During the same quarter in the prior year, the firm earned $2.41 EPS.

Winmark Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Wednesday, May 14th were issued a dividend of $0.96 per share. This is an increase from Winmark's previous quarterly dividend of $0.90. The ex-dividend date of this dividend was Wednesday, May 14th. This represents a $3.84 dividend on an annualized basis and a dividend yield 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.