Russell Investments Group Ltd. Sells 961 Shares of Winmark Co. (NASDAQ:WINA)

Russell Investments Group Ltd. lowered its stake in shares of Winmark Co. (NASDAQ:WINA - Free Report) by 44.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,197 shares of the specialty retailer's stock after selling 961 shares during the period. Russell Investments Group Ltd.'s holdings in Winmark were worth $471,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Smartleaf Asset Management LLC raised its holdings in shares of Winmark by 145.4% in the 4th 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 bought a new stake in Winmark in the 4th quarter worth about $220,000. KLP Kapitalforvaltning AS bought a new stake in Winmark in the 4th quarter worth about $236,000. Avantax Advisory Services Inc. grew its position in Winmark by 6.8% in the 4th quarter. Avantax Advisory Services Inc. now owns 641 shares of the specialty retailer's stock worth $252,000 after purchasing an additional 41 shares in the last quarter. Finally, Seizert Capital Partners LLC bought a new stake in Winmark in the 4th quarter worth about $253,000. Institutional investors and hedge funds own 73.32% of the company's stock.

Winmark Stock Down 0.4 %

WINA stock traded down $1.28 during trading on Tuesday, reaching $362.99. The stock had a trading volume of 1,033 shares, compared to its average volume of 23,283. Winmark Co. has a one year low of $295.79 and a one year high of $431.67. The company's 50 day moving average is $329.46 and its two-hundred day moving average is $370.81. The company has a market capitalization of $1.28 billion, a price-to-earnings ratio of 33.33 and a beta of 0.64.

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

Winmark Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Wednesday, May 14th will be paid a $0.96 dividend. The ex-dividend date of this dividend is Wednesday, May 14th. This is a positive change from Winmark's previous quarterly dividend of $0.90. This represents a $3.84 annualized dividend and a dividend yield of 1.06%. Winmark's payout ratio 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.