Northern Trust Corp Acquires 2,577 Shares of Winmark Co. (NASDAQ:WINA)

Northern Trust Corp raised its holdings in shares of Winmark Co. (NASDAQ:WINA) by 5.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 46,666 shares of the specialty retailer’s stock after acquiring an additional 2,577 shares during the quarter. Northern Trust Corp owned approximately 1.33% of Winmark worth $18,343,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Congress Asset Management Co. raised its holdings in Winmark by 73.3% in the 4th quarter. Congress Asset Management Co. now owns 15,823 shares of the specialty retailer’s stock worth $6,220,000 after purchasing an additional 6,690 shares during the period. Allspring Global Investments Holdings LLC bought a new position in shares of Winmark in the fourth quarter worth about $351,000. Northstar Asset Management Inc. purchased a new position in shares of Winmark during the 4th quarter valued at about $1,200,000. Barclays PLC grew its stake in shares of Winmark by 117.7% during the 3rd quarter. Barclays PLC now owns 6,073 shares of the specialty retailer’s stock valued at $2,325,000 after acquiring an additional 3,284 shares during the period. Finally, Nisa Investment Advisors LLC grew its stake in shares of Winmark by 1,087.1% during the 4th quarter. Nisa Investment Advisors LLC now owns 736 shares of the specialty retailer’s stock valued at $289,000 after acquiring an additional 674 shares during the period. Institutional investors own 73.32% of the company’s stock.

Winmark Trading Up 0.9%

NASDAQ WINA opened at $412.61 on Wednesday. Winmark Co. has a 12 month low of $295.79 and a 12 month high of $431.67. The stock has a market cap of $1.46 billion, a price-to-earnings ratio of 37.89 and a beta of 0.54. The company’s 50 day moving average is $339.62 and its two-hundred day moving average is $370.89.

Winmark (NASDAQ:WINA) last announced its quarterly earnings data on Wednesday, April 16th. The specialty retailer reported $2.71 EPS for the quarter, missing the consensus estimate of $2.74 by ($0.03). The firm had revenue of $21.92 million for the quarter, compared to the consensus estimate of $20.91 million. Winmark had a net margin of 49.15% and a negative return on equity of 93.24%. During the same quarter in the previous year, the business earned $2.41 earnings per share.

Winmark Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Wednesday, May 14th will be given a $0.96 dividend. This represents a $3.84 annualized dividend and a dividend yield of 0.93%. This is an increase from Winmark’s previous quarterly dividend of $0.90. The ex-dividend date is Wednesday, May 14th. Winmark’s payout ratio is presently 34.32%.

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.