Winmark Co. (NASDAQ:WINA) Shares Sold by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company trimmed its holdings in shares of Winmark Co. (NASDAQ:WINA) by 4.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,490 shares of the specialty retailer’s stock after selling 64 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Winmark were worth $586,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Raymond James Financial Inc. acquired a new position in Winmark in the 4th quarter valued at $12,071,000. William Blair Investment Management LLC raised its stake in Winmark by 17.7% in the 4th quarter. William Blair Investment Management LLC now owns 84,803 shares of the specialty retailer’s stock valued at $33,334,000 after purchasing an additional 12,755 shares during the last quarter. Victory Capital Management Inc. raised its stake in Winmark by 292.3% in the 4th quarter. Victory Capital Management Inc. now owns 17,020 shares of the specialty retailer’s stock valued at $6,690,000 after purchasing an additional 12,682 shares during the last quarter. Congress Asset Management Co. raised its stake in Winmark by 73.3% in the 4th quarter. Congress Asset Management Co. now owns 15,823 shares of the specialty retailer’s stock valued at $6,220,000 after purchasing an additional 6,690 shares during the last quarter. Finally, Neuberger Berman Group LLC raised its stake in Winmark by 2.0% in the 4th quarter. Neuberger Berman Group LLC now owns 333,273 shares of the specialty retailer’s stock valued at $131,000,000 after purchasing an additional 6,521 shares during the last quarter. 73.32% of the stock is owned by institutional investors and hedge funds.

Winmark Stock Performance

NASDAQ WINA opened at $424.86 on Friday. The business has a fifty day moving average price of $346.09 and a 200 day moving average price of $371.88. Winmark Co. has a one year low of $295.79 and a one year high of $434.87. The company has a market cap of $1.50 billion, a P/E ratio of 39.01 and a beta of 0.54.

Winmark (NASDAQ:WINA) last posted 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). Winmark had a net margin of 49.15% and a negative return on equity of 93.24%. The firm had revenue of $21.92 million during the quarter, compared to analyst estimates of $20.91 million. During the same period in the prior year, the company posted $2.41 earnings per share.

Winmark Increases Dividend

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