Winmark (NASDAQ:WINA) Sees Unusually-High Trading Volume - Should You Buy?

Winmark Co. (NASDAQ:WINA - Get Free Report) saw an uptick in trading volume on Tuesday . 78,978 shares traded hands during trading, an increase of 205% from the previous session's volume of 25,899 shares.The stock last traded at $418.55 and had previously closed at $417.11.

Winmark Stock Down 2.3%

The firm's fifty day moving average price is $364.60 and its two-hundred day moving average price is $373.39. The stock has a market capitalization of $1.48 billion, a PE ratio of 38.50 and a beta of 0.54.

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, 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 company had revenue of $21.92 million for the quarter, compared to analysts' expectations of $20.91 million. During the same period in the previous year, the firm earned $2.41 earnings per share.

Winmark Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Wednesday, May 14th will be issued a dividend of $0.96 per share. This represents a $3.84 annualized dividend and a dividend yield of 0.92%. This is a boost from Winmark's previous quarterly dividend of $0.90. The ex-dividend date of this dividend is Wednesday, May 14th. Winmark's payout ratio is presently 34.32%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the stock. Rhumbline Advisers raised its holdings in shares of Winmark by 23.1% during the first quarter. Rhumbline Advisers now owns 11,164 shares of the specialty retailer's stock valued at $3,549,000 after purchasing an additional 2,096 shares during the last quarter. Jane Street Group LLC increased its holdings in Winmark by 391.2% during the first quarter. Jane Street Group LLC now owns 3,787 shares of the specialty retailer's stock valued at $1,204,000 after buying an additional 3,016 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Winmark by 6.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,252 shares of the specialty retailer's stock valued at $1,987,000 after buying an additional 386 shares during the last quarter. Vancity Investment Management Ltd purchased a new stake in Winmark during the first quarter valued at approximately $3,464,000. Finally, Caxton Associates LLP purchased a new stake in Winmark during the first quarter valued at approximately $713,000. 73.32% of the stock is owned by hedge funds and other institutional investors.

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.