Winmark Co. (NASDAQ:WINA) Shares Sold by Port Capital LLC

Port Capital LLC reduced its holdings 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 SEC. The fund owned 105,916 shares of the specialty retailer's stock after selling 679 shares during the period. Winmark makes up 1.9% of Port Capital LLC's investment portfolio, making the stock its 23rd largest holding. Port Capital LLC owned about 3.01% of Winmark worth $41,632,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Sterling Capital Management LLC lifted 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 period. Smartleaf Asset Management LLC raised its stake in shares of 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 buying an additional 141 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in Winmark during the 4th quarter valued at about $220,000. KLP Kapitalforvaltning AS purchased a new position in shares of Winmark during the 4th quarter worth approximately $236,000. Finally, Brevan Howard Capital Management LP acquired a new stake in shares of Winmark during the 4th quarter worth $247,000. 73.32% of the stock is currently owned by institutional investors and hedge funds.

Winmark Trading Up 1.0%

Shares of Winmark stock opened at $416.65 on Thursday. The company has a fifty day moving average price of $341.47 and a 200 day moving average price of $371.21. Winmark Co. has a twelve month low of $295.79 and a twelve month high of $431.67. The stock has a market cap of $1.47 billion, a price-to-earnings ratio of 38.26 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 negative return on equity of 93.24% and a net margin of 49.15%. 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 firm posted $2.41 EPS.

Winmark Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Wednesday, May 14th will be issued a $0.96 dividend. This is a positive change from Winmark's previous quarterly dividend of $0.90. This represents a $3.84 annualized dividend and a yield of 0.92%. The ex-dividend date of this dividend is Wednesday, May 14th. Winmark's payout ratio is currently 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.

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