Winmark Co. (NASDAQ:WINA) Position Trimmed by Walleye Capital LLC

Walleye Capital LLC cut its position in shares of Winmark Co. (NASDAQ:WINA - Free Report) by 31.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,606 shares of the specialty retailer's stock after selling 729 shares during the quarter. Walleye Capital LLC's holdings in Winmark were worth $631,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in WINA. Sterling Capital Management LLC increased its position in Winmark by 820.0% in the fourth quarter. Sterling Capital Management LLC now owns 92 shares of the specialty retailer's stock worth $36,000 after buying an additional 82 shares during the period. Smartleaf Asset Management LLC raised its position in Winmark by 145.4% in 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 in the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in Winmark in the fourth quarter worth about $220,000. KLP Kapitalforvaltning AS purchased a new position in Winmark in the 4th quarter worth about $236,000. Finally, Avantax Advisory Services Inc. increased its stake 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. 73.32% of the stock is currently owned by institutional investors.

Winmark Stock Performance

WINA traded up $0.79 during trading on Monday, reaching $364.27. The company had a trading volume of 20,466 shares, compared to its average volume of 24,077. The firm's 50-day simple moving average is $329.46 and its 200 day simple moving average is $370.81. The company has a market cap of $1.29 billion, a price-to-earnings ratio of 33.45 and a beta of 0.64. Winmark Co. has a 12-month low of $295.79 and a 12-month high of $431.67.

Winmark (NASDAQ:WINA - Get Free Report) last issued 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 negative return on equity of 93.24% and a net margin of 49.15%. The company had revenue of $21.92 million during the quarter, compared to analysts' expectations of $20.91 million. During the same period in the prior year, the business posted $2.41 EPS.

Winmark Increases Dividend

The firm 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 dividend of $0.96 per share. This represents a $3.84 annualized dividend and a yield of 1.05%. The ex-dividend date is Wednesday, May 14th. This is a boost from Winmark's previous quarterly dividend of $0.90. Winmark's payout ratio is 34.32%.

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.