Rhumbline Advisers trimmed its position in shares of Winmark Co. (NASDAQ:WINA – Free Report) by 1.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 9,068 shares of the specialty retailer’s stock after selling 89 shares during the quarter. Rhumbline Advisers’ holdings in Winmark were worth $3,564,000 at the end of the most recent reporting period.
A number of other institutional investors also recently made changes to their positions in the business. Intech Investment Management LLC purchased a new stake in Winmark in the 3rd quarter worth approximately $271,000. Centaurus Financial Inc. lifted its holdings in shares of Winmark by 108.4% during the third quarter. Centaurus Financial Inc. now owns 721 shares of the specialty retailer’s stock valued at $276,000 after purchasing an additional 375 shares during the last quarter. Nisa Investment Advisors LLC raised its stake in Winmark by 1,087.1% during the fourth quarter. Nisa Investment Advisors LLC now owns 736 shares of the specialty retailer’s stock valued at $289,000 after buying an additional 674 shares during the last quarter. Centiva Capital LP purchased a new stake in shares of Winmark during the third quarter valued at approximately $312,000. Finally, Allspring Global Investments Holdings LLC purchased a new position in shares of Winmark in the fourth quarter worth $351,000. Hedge funds and other institutional investors own 73.32% of the company’s stock.
Winmark Stock Performance
Winmark stock opened at $336.08 on Friday. Winmark Co. has a one year low of $328.01 and a one year high of $431.67. The stock has a market cap of $1.18 billion, a PE ratio of 30.86 and a beta of 0.82. The stock has a fifty day moving average of $380.63 and a 200 day moving average of $382.19.
Winmark (NASDAQ:WINA – Get Free Report) last released its quarterly earnings data on Wednesday, February 19th. The specialty retailer reported $2.60 earnings per share for the quarter, missing analysts’ consensus estimates of $2.65 by ($0.05). Winmark had a negative return on equity of 93.24% and a net margin of 49.15%. The business had revenue of $19.55 million during the quarter, compared to the consensus estimate of $20.25 million.
Winmark Cuts Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Wednesday, February 12th will be paid a dividend of $0.90 per share. This represents a $3.60 annualized dividend and a dividend yield of 1.07%. The ex-dividend date of this dividend is Wednesday, February 12th. Winmark’s dividend payout ratio is presently 33.06%.
Winmark Company Profile
(Free Report)
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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