BNP Paribas Financial Markets Buys 2,136 Shares of Winmark Co. (NASDAQ:WINA)

BNP Paribas Financial Markets grew its holdings in Winmark Co. (NASDAQ:WINA - Free Report) by 30.9% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 9,040 shares of the specialty retailer's stock after buying an additional 2,136 shares during the quarter. BNP Paribas Financial Markets owned 0.26% of Winmark worth $3,553,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Sterling Capital Management LLC boosted its holdings in shares of Winmark by 820.0% in the fourth quarter. Sterling Capital Management LLC now owns 92 shares of the specialty retailer's stock valued at $36,000 after buying an additional 82 shares during the period. 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 in the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in Winmark during the fourth quarter worth $220,000. KLP Kapitalforvaltning AS bought a new stake in Winmark during the fourth quarter worth $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 in the last quarter. Institutional investors and hedge funds own 73.32% of the company's stock.

Winmark Price Performance

NASDAQ WINA traded up $8.67 on Tuesday, hitting $431.09. 4,331 shares of the stock were exchanged, compared to its average volume of 25,217. The business's fifty day moving average is $348.37 and its 200 day moving average is $372.05. Winmark Co. has a 52 week low of $295.79 and a 52 week high of $434.87. The company has a market capitalization of $1.52 billion, a PE ratio of 39.43 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 EPS for the quarter, missing the consensus estimate of $2.74 by ($0.03). Winmark had a net margin of 49.15% and a negative return on equity of 93.24%. The business had revenue of $21.92 million during the quarter, compared to analyst estimates of $20.91 million. During the same quarter last year, the company posted $2.41 earnings per share.

Winmark Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Wednesday, May 14th will be issued a dividend of $0.96 per share. The ex-dividend date 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 0.89%. Winmark's payout ratio is 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.