Winmark Co. (NASDAQ:WINA) Shares Acquired by Northern Trust Corp

Northern Trust Corp boosted its holdings in shares of Winmark Co. (NASDAQ:WINA - Free Report) by 5.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 46,666 shares of the specialty retailer's stock after acquiring an additional 2,577 shares during the period. Northern Trust Corp owned about 1.33% of Winmark worth $18,343,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sterling Capital Management LLC raised its position in Winmark by 820.0% during the fourth quarter. Sterling Capital Management LLC now owns 92 shares of the specialty retailer's stock worth $36,000 after acquiring an additional 82 shares during the last quarter. Smartleaf Asset Management LLC raised its position in Winmark by 145.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 238 shares of the specialty retailer's stock worth $93,000 after acquiring an additional 141 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in Winmark during the fourth quarter worth about $220,000. KLP Kapitalforvaltning AS acquired a new position in Winmark during the fourth quarter worth about $236,000. Finally, Avantax Advisory Services Inc. raised its position in Winmark by 6.8% during the fourth quarter. Avantax Advisory Services Inc. now owns 641 shares of the specialty retailer's stock worth $252,000 after acquiring an additional 41 shares during the last quarter. Institutional investors and hedge funds own 73.32% of the company's stock.

Winmark Price Performance

WINA traded down $2.44 during midday trading on Monday, reaching $422.42. 19,756 shares of the company's stock were exchanged, compared to its average volume of 25,296. The stock has a market capitalization of $1.49 billion, a PE ratio of 38.79 and a beta of 0.54. The business's 50-day moving average price is $348.37 and its 200 day moving average price is $372.05. Winmark Co. has a 1-year low of $295.79 and a 1-year high of $434.87.

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

Winmark Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Wednesday, May 14th will be given a $0.96 dividend. This represents a $3.84 dividend on an annualized basis and a dividend yield of 0.91%. The ex-dividend date is Wednesday, May 14th. This is a positive change from Winmark's previous quarterly dividend of $0.90. Winmark's payout ratio 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.