Port Capital LLC Sells 679 Shares of Winmark Co. (NASDAQ:WINA)

Port Capital LLC cut its position in shares of Winmark Co. (NASDAQ:WINA - Free Report) by 0.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 105,916 shares of the specialty retailer's stock after selling 679 shares during the quarter. Winmark makes up about 1.9% of Port Capital LLC's investment portfolio, making the stock its 23rd largest position. Port Capital LLC owned 3.01% of Winmark worth $41,632,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of WINA. Sterling Capital Management LLC grew its position in Winmark by 820.0% during the 4th quarter. Sterling Capital Management LLC now owns 92 shares of the specialty retailer's stock worth $36,000 after acquiring an additional 82 shares during the last quarter. Smartleaf Asset Management LLC grew its position in Winmark by 145.4% during 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 purchased a new position in shares of Winmark in the fourth quarter valued at about $220,000. KLP Kapitalforvaltning AS purchased a new position in shares of Winmark in the fourth quarter valued at about $236,000. Finally, Brevan Howard Capital Management LP purchased a new position in shares of Winmark in the fourth quarter valued at about $247,000. 73.32% of the stock is currently owned by institutional investors.

Winmark Trading Up 1.0%

Shares of WINA stock traded up $4.03 during mid-day trading on Tuesday, reaching $426.45. The stock had a trading volume of 10,337 shares, compared to its average volume of 25,237. The stock's 50-day moving average price is $348.37 and its two-hundred day moving average price is $372.05. Winmark Co. has a 52-week low of $295.79 and a 52-week high of $434.87. The firm has a market capitalization of $1.51 billion, a PE ratio of 39.16 and a beta of 0.54.

Winmark (NASDAQ:WINA - Get Free Report) last issued its quarterly earnings data 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). The business 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 quarter in the prior year, the business posted $2.41 earnings per share.

Winmark Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Wednesday, May 14th will be given 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 0.90%. Winmark's payout ratio is currently 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.