Kennedy Capital Management LLC Has $6.76 Million Stock Position in Winmark Co. (NASDAQ:WINA)

Kennedy Capital Management LLC grew its holdings in Winmark Co. (NASDAQ:WINA - Free Report) by 36.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 17,192 shares of the specialty retailer's stock after buying an additional 4,570 shares during the period. Kennedy Capital Management LLC owned 0.49% of Winmark worth $6,758,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in WINA. Neuberger Berman Group LLC lifted its stake in shares of Winmark by 2.0% during the 4th quarter. Neuberger Berman Group LLC now owns 333,273 shares of the specialty retailer's stock valued at $131,000,000 after buying an additional 6,521 shares in the last quarter. Bessemer Group Inc. boosted its holdings in shares of Winmark by 3.9% in the fourth quarter. Bessemer Group Inc. now owns 52,990 shares of the specialty retailer's stock worth $20,828,000 after buying an additional 2,005 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Winmark by 6.8% in the fourth quarter. Envestnet Asset Management Inc. now owns 17,991 shares of the specialty retailer's stock valued at $7,072,000 after acquiring an additional 1,147 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new position in Winmark during the fourth quarter valued at $220,000. Finally, Wells Fargo & Company MN boosted its holdings in Winmark by 4.5% during the 4th quarter. Wells Fargo & Company MN now owns 7,080 shares of the specialty retailer's stock valued at $2,783,000 after acquiring an additional 307 shares during the period. 73.32% of the stock is owned by institutional investors.

Winmark Stock Performance

NASDAQ WINA traded up $10.39 on Thursday, reaching $344.19. 9,622 shares of the company's stock traded hands, compared to its average volume of 24,139. The firm has a market cap of $1.22 billion, a price-to-earnings ratio of 31.61 and a beta of 0.64. The stock has a 50 day moving average price of $333.28 and a 200-day moving average price of $371.38. Winmark Co. has a fifty-two week low of $295.79 and a fifty-two week high of $431.67.

Winmark (NASDAQ:WINA - Get Free Report) last posted its quarterly earnings results on Wednesday, April 16th. The specialty retailer reported $2.71 earnings per share for the quarter, missing analysts' consensus estimates of $2.74 by ($0.03). Winmark had a net margin of 49.15% and a negative return on equity of 93.24%. The business had revenue of $21.92 million during the quarter, compared to analyst estimates of $20.91 million. During the same quarter in the prior year, the business earned $2.41 earnings per share.

Winmark Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Wednesday, May 14th will be paid a $0.96 dividend. This represents a $3.84 dividend on an annualized basis and a dividend yield of 1.12%. This is a positive change from Winmark's previous quarterly dividend of $0.90. Winmark's dividend payout ratio is 33.06%.

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.