Triasima Portfolio Management inc. Has $3.74 Million Stock Holdings in Winmark Co. (NASDAQ:WINA)

Triasima Portfolio Management inc. boosted its holdings in shares of Winmark Co. (NASDAQ:WINA - Free Report) by 69.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,963 shares of the specialty retailer's stock after purchasing an additional 3,683 shares during the period. Triasima Portfolio Management inc. owned about 0.26% of Winmark worth $3,742,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Grantham Mayo Van Otterloo & Co. LLC lifted its stake in Winmark by 20.2% during the third quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 8,734 shares of the specialty retailer's stock worth $3,259,000 after purchasing an additional 1,467 shares during the period. Liontrust Investment Partners LLP acquired a new stake in shares of Winmark during the third quarter worth approximately $981,000. Charles Schwab Investment Management Inc. increased its holdings in shares of Winmark by 5.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 22,107 shares of the specialty retailer's stock worth $8,249,000 after buying an additional 1,062 shares in the last quarter. Public Employees Retirement System of Ohio increased its holdings in shares of Winmark by 71.3% during the third quarter. Public Employees Retirement System of Ohio now owns 6,898 shares of the specialty retailer's stock worth $2,574,000 after buying an additional 2,870 shares in the last quarter. Finally, Alberta Investment Management Corp acquired a new stake in shares of Winmark during the second quarter worth approximately $258,000. Institutional investors own 73.32% of the company's stock.

Winmark Stock Performance

Shares of NASDAQ WINA traded down $7.79 during mid-day trading on Friday, hitting $343.60. 30,870 shares of the stock were exchanged, compared to its average volume of 29,883. The company has a market cap of $1.20 billion, a P/E ratio of 31.15 and a beta of 0.85. The stock's fifty day simple moving average is $363.11 and its two-hundred day simple moving average is $390.83. Winmark Co. has a twelve month low of $308.92 and a twelve month high of $451.30.

Winmark (NASDAQ:WINA - Get Free Report) last issued its quarterly earnings results on Wednesday, February 21st. The specialty retailer reported $2.64 earnings per share for the quarter. The business had revenue of $20.04 million during the quarter. Winmark had a net margin of 48.27% and a negative return on equity of 83.98%.

Winmark Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Wednesday, February 14th were given a dividend of $0.80 per share. The ex-dividend date was Tuesday, February 13th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 0.93%. Winmark's dividend payout ratio is 29.01%.

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.