UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Reduces Holdings in Winmark Co. (NASDAQ:WINA)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC reduced its holdings in shares of Winmark Co. (NASDAQ:WINA - Free Report) by 16.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,866 shares of the specialty retailer's stock after selling 1,194 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.17% of Winmark worth $2,306,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in WINA. Point72 Asia Singapore Pte. Ltd. bought a new position in Winmark during the fourth quarter worth $31,000. Sterling Capital Management LLC boosted its position in shares of Winmark by 820.0% during the 4th quarter. Sterling Capital Management LLC now owns 92 shares of the specialty retailer's stock worth $36,000 after purchasing an additional 82 shares in the last quarter. Smartleaf Asset Management LLC grew its stake in Winmark by 145.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 238 shares of the specialty retailer's stock valued at $93,000 after acquiring an additional 141 shares during the period. Point72 Asset Management L.P. bought a new position in shares of Winmark in the fourth quarter valued at approximately $146,000. Finally, Dynamic Technology Lab Private Ltd bought a new position in shares of Winmark during the fourth quarter valued at about $220,000. 73.32% of the stock is owned by institutional investors.

Insider Transactions at Winmark

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

Winmark Stock Up 2.5%

Winmark stock traded up $10.48 during midday trading on Tuesday, hitting $427.20. 611,599 shares of the stock were exchanged, compared to its average volume of 48,492. Winmark Co. has a 52-week low of $295.79 and a 52-week high of $437.44. The business's 50-day moving average price is $381.27 and its 200-day moving average price is $374.56. The stock has a market capitalization 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 released its 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 business 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 period in the prior year, the company earned $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 given a dividend of $0.96 per share. The ex-dividend date was Wednesday, May 14th. This is a positive change from Winmark's previous quarterly dividend of $0.90. This represents a $3.84 annualized dividend and a dividend yield of 0.90%. Winmark's dividend payout ratio (DPR) is currently 34.32%.

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.