Northern Trust Corp Buys 2,577 Shares of Winmark Co. (NASDAQ:WINA)

Northern Trust Corp increased 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 (SEC). The fund owned 46,666 shares of the specialty retailer's stock after buying an additional 2,577 shares during the period. Northern Trust Corp owned 1.33% of Winmark worth $18,343,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Neuberger Berman Group LLC boosted its holdings in Winmark by 2.0% during the fourth quarter. Neuberger Berman Group LLC now owns 333,273 shares of the specialty retailer's stock worth $131,000,000 after purchasing an additional 6,521 shares during the last quarter. Vanguard Group Inc. increased its holdings in Winmark by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 168,952 shares of the specialty retailer's stock valued at $66,410,000 after buying an additional 1,389 shares during the period. William Blair Investment Management LLC increased its holdings in Winmark by 17.7% in the 4th quarter. William Blair Investment Management LLC now owns 84,803 shares of the specialty retailer's stock valued at $33,334,000 after buying an additional 12,755 shares during the period. Nine Ten Capital Management LLC increased its holdings in Winmark by 5.5% in the 4th quarter. Nine Ten Capital Management LLC now owns 83,900 shares of the specialty retailer's stock valued at $32,979,000 after buying an additional 4,400 shares during the period. Finally, Geode Capital Management LLC boosted its stake in shares of Winmark by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 71,451 shares of the specialty retailer's stock valued at $28,092,000 after purchasing an additional 266 shares in the last quarter. Institutional investors own 73.32% of the company's stock.

Winmark Trading Down 1.1%

NASDAQ:WINA traded down $4.77 during mid-day trading on Friday, hitting $424.86. 40,159 shares of the company's stock were exchanged, compared to its average volume of 25,287. Winmark Co. has a fifty-two week low of $295.79 and a fifty-two week high of $436.51. The company has a 50 day simple moving average of $346.09 and a 200-day simple moving average of $371.88. The firm has a market capitalization of $1.50 billion, a P/E ratio of 39.01 and a beta of 0.54.

Winmark (NASDAQ:WINA - Get Free Report) last released its quarterly earnings results on Wednesday, April 16th. The specialty retailer reported $2.71 earnings per share (EPS) 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 the consensus estimate of $20.91 million. During the same quarter in the previous year, the business posted $2.41 EPS.

Winmark Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Wednesday, May 14th will be issued a dividend of $0.96 per share. This is a positive change from Winmark's previous quarterly dividend of $0.90. The ex-dividend date of this dividend is Wednesday, May 14th. This represents a $3.84 annualized dividend and a yield of 0.90%. Winmark's dividend payout ratio (DPR) is presently 34.32%.

About Winmark

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.