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

Two Sigma Investments LP lowered its holdings in shares of Winmark Co. (NASDAQ:WINA - Free Report) by 55.4% in the fourth quarter, according to its most recent disclosure with the SEC. The firm 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 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Neuberger Berman Group LLC grew its holdings in 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. Vanguard Group Inc. grew its holdings in Winmark by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 168,952 shares of the specialty retailer's stock worth $66,410,000 after purchasing an additional 1,389 shares during the period. William Blair Investment Management LLC boosted 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 acquiring an additional 12,755 shares during the period. Nine Ten Capital Management LLC boosted its holdings in shares of Winmark by 5.5% during the fourth quarter. Nine Ten Capital Management LLC now owns 83,900 shares of the specialty retailer's stock worth $32,979,000 after acquiring an additional 4,400 shares during the period. Finally, Geode Capital Management LLC boosted its holdings in shares of Winmark by 0.4% during the fourth quarter. Geode Capital Management LLC now owns 71,451 shares of the specialty retailer's stock worth $28,092,000 after acquiring an additional 266 shares during the period. Institutional investors own 73.32% of the company's stock.

Winmark Trading Up 0.2%

Shares of NASDAQ:WINA traded up $0.71 during trading on Friday, reaching $430.02. 178,520 shares of the stock were exchanged, compared to its average volume of 51,484. Winmark Co. has a 12 month low of $295.79 and a 12 month high of $437.44. The firm has a market cap of $1.52 billion, a PE ratio of 39.49 and a beta of 0.61. The stock has a 50-day moving average price of $385.32 and a 200-day moving average price of $374.95.

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

Winmark Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Wednesday, May 14th were paid a $0.96 dividend. 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%. The ex-dividend date was Wednesday, May 14th. Winmark's payout ratio is 34.32%.

Insider Activity at Winmark

In related news, CFO Anthony D. Ishaug sold 4,000 shares of the business's stock in a transaction that occurred 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 completion of the sale, the chief financial officer now directly owns 56,683 shares in the company, valued at approximately $24,144,123.85. The trade was a 6.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. 10.10% of the stock is currently owned by corporate insiders.

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.