Liontrust Investment Partners LLP Lowers Stock Holdings in Winmark Corporation $WINA

Key Points

• Liontrust Investment Partners LLP reduced its holdings in Winmark Corporation by 48.1%, now owning 5,597 shares valued at approximately $1.78 million.
• Winmark recently reported $2.89 earnings per share, slightly surpassing analysts' expectations, along with revenue of $20.42 million.
• The company declared a quarterly dividend of $0.96 per share, yielding 0.9%, scheduled for distribution to shareholders on September 2nd.

Liontrust Investment Partners LLP lessened its stake in Winmark Corporation (NASDAQ:WINA - Free Report) by 48.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,597 shares of the specialty retailer's stock after selling 5,186 shares during the quarter. Liontrust Investment Partners LLP owned about 0.16% of Winmark worth $1,779,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Winmark in the fourth quarter valued at approximately $31,000. Sterling Capital Management LLC increased its holdings in shares of Winmark by 820.0% in the fourth quarter. Sterling Capital Management LLC now owns 92 shares of the specialty retailer's stock valued at $36,000 after purchasing an additional 82 shares during the last quarter. National Bank of Canada FI increased its holdings in shares of Winmark by 147.3% in the first quarter. National Bank of Canada FI now owns 136 shares of the specialty retailer's stock valued at $43,000 after purchasing an additional 81 shares during the last quarter. Point72 Asset Management L.P. acquired a new stake in shares of Winmark in the fourth quarter valued at approximately $146,000. Finally, Brevan Howard Capital Management LP acquired a new stake in shares of Winmark in the fourth quarter valued at approximately $247,000. Institutional investors and hedge funds own 73.32% of the company's stock.

Insiders Place Their Bets

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

Winmark Price Performance

Shares of NASDAQ:WINA traded down $0.52 during midday trading on Wednesday, hitting $432.71. The company had a trading volume of 83,902 shares, compared to its average volume of 85,523. Winmark Corporation has a twelve month low of $295.79 and a twelve month high of $459.92. The stock has a market cap of $1.54 billion, a price-to-earnings ratio of 38.53 and a beta of 0.60. The business's 50-day simple moving average is $393.89 and its 200-day simple moving average is $372.98.

Winmark (NASDAQ:WINA - Get Free Report) last posted its quarterly earnings results on Tuesday, July 15th. The specialty retailer reported $2.89 EPS for the quarter, beating the consensus estimate of $2.88 by $0.01. Winmark had a negative return on equity of 98.49% and a net margin of 49.48%.The firm had revenue of $20.42 million during the quarter, compared to analysts' expectations of $20.31 million.

Winmark Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Wednesday, August 13th will be given a $0.96 dividend. This represents a $3.84 annualized dividend and a yield of 0.9%. The ex-dividend date is Wednesday, August 13th. Winmark's dividend payout ratio is presently 34.19%.

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.