SG Americas Securities LLC Takes Position in Winmark Co. (NASDAQ:WINA)

SG Americas Securities LLC bought a new position in shares of Winmark Co. (NASDAQ:WINA) in the fourth quarter, Holdings Channel reports. The fund bought 337 shares of the specialty retailer’s stock, valued at approximately $141,000.

A number of other large investors have also recently added to or reduced their stakes in WINA. MetLife Investment Management LLC boosted its holdings in Winmark by 60.3% during the first quarter. MetLife Investment Management LLC now owns 1,827 shares of the specialty retailer’s stock worth $402,000 after buying an additional 687 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Winmark by 1.5% in the 1st quarter. Vanguard Group Inc. now owns 150,356 shares of the specialty retailer’s stock valued at $33,079,000 after acquiring an additional 2,275 shares in the last quarter. Lazard Asset Management LLC purchased a new stake in shares of Winmark in the 1st quarter valued at approximately $47,000. Charles Schwab Investment Management Inc. lifted its position in shares of Winmark by 2.7% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 22,796 shares of the specialty retailer’s stock valued at $5,016,000 after acquiring an additional 601 shares in the last quarter. Finally, Penn Capital Management Company LLC purchased a new stake in shares of Winmark in the 1st quarter valued at approximately $541,000. 73.32% of the stock is currently owned by institutional investors.

Winmark Stock Performance

Shares of NASDAQ:WINA opened at $352.67 on Wednesday. The company has a market cap of $1.23 billion, a PE ratio of 31.97 and a beta of 0.85. Winmark Co. has a 52 week low of $308.92 and a 52 week high of $451.30. The firm has a 50 day simple moving average of $362.39 and a 200 day simple moving average of $390.57.

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

Winmark Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Wednesday, February 14th were given a $0.80 dividend. The ex-dividend date of this dividend was Tuesday, February 13th. This represents a $3.20 dividend on an annualized basis and a yield of 0.91%. Winmark’s payout ratio is 29.01%.

Winmark 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.