Bessemer Group Inc. Purchases 2,005 Shares of Winmark Co. (NASDAQ:WINA)

Bessemer Group Inc. raised its position in shares of Winmark Co. (NASDAQ:WINA - Free Report) by 3.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 52,990 shares of the specialty retailer's stock after purchasing an additional 2,005 shares during the quarter. Bessemer Group Inc. owned 1.51% of Winmark worth $20,828,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC lifted its position in shares of Winmark by 145.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 238 shares of the specialty retailer's stock valued at $93,000 after buying an additional 141 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in Winmark in the 4th quarter valued at about $220,000. KLP Kapitalforvaltning AS acquired a new stake in Winmark in the fourth quarter valued at approximately $236,000. Avantax Advisory Services Inc. grew its holdings in shares of 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 purchasing an additional 41 shares during the last quarter. Finally, Seizert Capital Partners LLC purchased a new stake in Winmark during the 4th quarter valued at approximately $253,000. 73.32% of the stock is owned by institutional investors.

Winmark Stock Performance

WINA stock traded up $10.45 on Wednesday, reaching $336.45. The company had a trading volume of 6,400 shares, compared to its average volume of 24,215. Winmark Co. has a 1 year low of $295.79 and a 1 year high of $431.67. The company has a market cap of $1.19 billion, a P/E ratio of 30.90 and a beta of 0.64. The company's fifty day moving average is $334.15 and its 200 day moving average is $371.64.

Winmark (NASDAQ:WINA - Get Free Report) last released its quarterly earnings data on Wednesday, April 16th. The specialty retailer reported $2.71 earnings per share for the quarter. Winmark had a net margin of 49.15% and a negative return on equity of 93.24%.

Winmark Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Wednesday, May 14th will be paid a $0.96 dividend. This is a positive change from Winmark's previous quarterly dividend of $0.90. This represents a $3.84 dividend on an annualized basis and a dividend yield of 1.14%. Winmark's payout ratio is presently 33.06%.

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.