Jane Street Group LLC Sells 2,150 Shares of Winmark Co. (NASDAQ:WINA)

Jane Street Group LLC cut its stake in shares of Winmark Co. (NASDAQ:WINA - Free Report) by 73.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund 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 quarter.

Several other hedge funds have also recently bought and sold shares of WINA. Raymond James Financial Inc. acquired a new stake in Winmark during the fourth quarter worth approximately $12,071,000. William Blair Investment Management LLC increased its holdings in shares of 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 purchasing an additional 12,755 shares during the period. Victory Capital Management Inc. increased its holdings in shares of 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 purchasing an additional 12,682 shares during the period. Congress Asset Management Co. increased its holdings in shares of 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 purchasing an additional 6,690 shares during the period. Finally, Neuberger Berman Group LLC increased its holdings in shares of 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 purchasing an additional 6,521 shares during the period. 73.32% of the stock is currently owned by institutional investors and hedge funds.

Winmark Stock Up 0.9%

Shares of WINA traded up $3.80 during mid-day trading on Friday, hitting $432.26. 947,977 shares of the company's stock were exchanged, compared to its average volume of 43,388. Winmark Co. has a 52 week low of $295.79 and a 52 week high of $434.87. The stock's 50-day simple moving average is $377.23 and its 200-day simple moving average is $374.42. The firm has a market cap of $1.53 billion, a price-to-earnings ratio of 39.69 and a beta of 0.61.

Winmark (NASDAQ:WINA - Get Free Report) last announced its earnings results on Wednesday, April 16th. The specialty retailer reported $2.71 EPS for the quarter, missing the consensus estimate of $2.74 by ($0.03). Winmark had a negative return on equity of 93.24% and a net margin of 49.15%. The business had revenue of $21.92 million for the quarter, compared to the consensus estimate of $20.91 million. During the same period in the prior year, the business posted $2.41 earnings per share.

Winmark Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Wednesday, May 14th were issued a dividend of $0.96 per share. The ex-dividend date was Wednesday, May 14th. This is a boost from Winmark's previous quarterly dividend of $0.90. This represents a $3.84 annualized dividend and a dividend yield of 0.89%. Winmark's dividend payout ratio (DPR) is currently 34.32%.

Insider Transactions at Winmark

In related news, CFO Anthony D. Ishaug sold 4,000 shares of Winmark stock in a transaction that occurred on 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 transaction, the chief financial officer now directly owns 56,683 shares of the company's stock, valued at $24,144,123.85. This trade represents a 6.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 10.10% of the company's stock.

Winmark 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.