Winmark (NASDAQ:WINA) Trading Up 4.3%

Shares of Winmark Co. (NASDAQ:WINA) were up 4.3% on Wednesday . The company traded as high as $368.00 and last traded at $368.00. Approximately 24,291 shares were traded during mid-day trading, a decline of 13% from the average daily volume of 27,915 shares. The stock had previously closed at $352.67.

Winmark Price Performance

The firm has a market cap of $1.29 billion, a PE ratio of 32.59 and a beta of 0.85. The business has a 50-day moving average price of $362.39 and a two-hundred day moving average price of $390.57.

Winmark (NASDAQ:WINA) last announced its quarterly earnings results on Wednesday, February 21st. The specialty retailer reported $2.64 earnings per share for the quarter. Winmark had a negative return on equity of 83.98% and a net margin of 48.27%. The business had revenue of $20.04 million during the quarter.

Winmark Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Wednesday, February 14th were given a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 0.87%. The ex-dividend date of this dividend was Tuesday, February 13th. Winmark’s dividend payout ratio is currently 29.01%.

Institutional Trading of Winmark

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Neuberger Berman Group LLC boosted its stake in Winmark by 8.3% in the 4th quarter. Neuberger Berman Group LLC now owns 308,394 shares of the specialty retailer’s stock worth $128,770,000 after buying an additional 23,605 shares during the last quarter. BlackRock Inc. increased its holdings in Winmark by 7.3% during the 2nd quarter. BlackRock Inc. now owns 231,493 shares of the specialty retailer’s stock worth $76,964,000 after purchasing an additional 15,844 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Winmark by 2.7% in the 4th quarter. Vanguard Group Inc. now owns 159,074 shares of the specialty retailer’s stock valued at $66,421,000 after acquiring an additional 4,140 shares during the last quarter. Renaissance Technologies LLC increased its holdings in shares of Winmark by 4.1% in the 1st quarter. Renaissance Technologies LLC now owns 145,931 shares of the specialty retailer’s stock valued at $46,761,000 after acquiring an additional 5,700 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in Winmark by 0.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 129,219 shares of the specialty retailer’s stock valued at $41,405,000 after purchasing an additional 509 shares during the period. Hedge funds and other institutional investors own 73.32% of the company’s stock.

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.