Winmark Co. (NASDAQ:WINA) Shares Purchased by Rhumbline Advisers

Rhumbline Advisers boosted its holdings in Winmark Co. (NASDAQ:WINA - Free Report) by 23.1% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 11,164 shares of the specialty retailer's stock after buying an additional 2,096 shares during the quarter. Rhumbline Advisers owned 0.32% of Winmark worth $3,549,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. GAMMA Investing LLC grew its position in Winmark by 21,093.3% during the 1st quarter. GAMMA Investing LLC now owns 3,179 shares of the specialty retailer's stock worth $1,011,000 after purchasing an additional 3,164 shares in the last quarter. Centaurus Financial Inc. grew its position in Winmark by 21.8% during the 4th quarter. Centaurus Financial Inc. now owns 878 shares of the specialty retailer's stock worth $345,000 after purchasing an additional 157 shares in the last quarter. Snowden Capital Advisors LLC grew its position in Winmark by 10.6% during the 4th quarter. Snowden Capital Advisors LLC now owns 680 shares of the specialty retailer's stock worth $267,000 after purchasing an additional 65 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new position in Winmark during the 4th quarter worth approximately $31,000. Finally, Point72 Asset Management L.P. purchased a new position in Winmark during the 4th quarter worth approximately $146,000. Institutional investors and hedge funds own 73.32% of the company's stock.

Winmark Stock Performance

NASDAQ WINA opened at $430.02 on Friday. Winmark Co. has a twelve month low of $295.79 and a twelve month high of $437.44. The stock has a market cap of $1.52 billion, a price-to-earnings ratio of 39.49 and a beta of 0.61. The firm's 50 day moving average price is $387.51 and its two-hundred day moving average price is $374.76.

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). Winmark had a negative return on equity of 93.24% and a net margin of 49.15%. The firm had revenue of $21.92 million for the quarter, compared to analysts' expectations of $20.91 million. During the same quarter in the previous year, the firm posted $2.41 earnings per share.

Winmark Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Wednesday, May 14th were paid a dividend of $0.96 per share. 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 0.89%. This is a positive change from Winmark's previous quarterly dividend of $0.90. Winmark's dividend payout ratio (DPR) is 34.32%.

Insider Buying and Selling at Winmark

In other Winmark news, CFO Anthony D. Ishaug sold 4,000 shares of Winmark stock in a transaction on 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 of the company's stock, valued at $24,144,123.85. This trade represents a 6.59% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Company 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.

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