Two Sigma Investments LP Sells 1,365 Shares of Winmark Co. (NASDAQ:WINA)

Two Sigma Investments LP cut its holdings in shares of Winmark Co. (NASDAQ:WINA - Free Report) by 55.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,101 shares of the specialty retailer's stock after selling 1,365 shares during the period. Two Sigma Investments LP's holdings in Winmark were worth $433,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of WINA. Barclays PLC grew its holdings in shares of Winmark by 117.7% during the third quarter. Barclays PLC now owns 6,073 shares of the specialty retailer's stock worth $2,325,000 after purchasing an additional 3,284 shares during the last quarter. Allspring Global Investments Holdings LLC acquired a new position in Winmark during the 4th quarter worth about $351,000. Congress Asset Management Co. grew its holdings in Winmark by 73.3% during the 4th 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 last quarter. Northstar Asset Management Inc. acquired a new stake in Winmark in the 4th quarter valued at about $1,200,000. Finally, Cavalier Investments LLC raised its stake in shares of Winmark by 2.8% in the fourth quarter. Cavalier Investments LLC now owns 1,742 shares of the specialty retailer's stock worth $685,000 after acquiring an additional 48 shares during the last quarter. 73.32% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Winmark

In other news, CFO Anthony D. Ishaug sold 4,000 shares of the stock in a transaction on Friday, May 30th. The stock was 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 owns 56,683 shares of the company's stock, valued at $24,144,123.85. This represents a 6.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 10.10% of the company's stock.

Winmark Price Performance

Shares of WINA stock traded up $10.48 during trading hours on Tuesday, reaching $427.20. 611,599 shares of the company were exchanged, compared to its average volume of 78,070. Winmark Co. has a fifty-two week low of $295.79 and a fifty-two week high of $437.44. The stock's fifty day moving average is $379.10 and its two-hundred day moving average is $374.19. The company has a market cap of $1.51 billion, a price-to-earnings ratio of 39.23 and a beta of 0.61.

Winmark (NASDAQ:WINA - Get Free Report) last posted its quarterly earnings data 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). The company had revenue of $21.92 million during the quarter, compared to the consensus estimate of $20.91 million. Winmark had a negative return on equity of 93.24% and a net margin of 49.15%. During the same quarter last year, the firm earned $2.41 EPS.

Winmark Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Wednesday, May 14th were given a dividend of $0.96 per share. The ex-dividend date of this dividend was Wednesday, May 14th. This is an increase from Winmark's previous quarterly dividend of $0.90. This represents a $3.84 dividend on an annualized basis and a yield of 0.90%. Winmark's dividend payout ratio is presently 34.32%.

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.