Cubist Systematic Strategies LLC Sells 768 Shares of Winmark Co. (NASDAQ:WINA)

Cubist Systematic Strategies LLC cut its stake in Winmark Co. (NASDAQ:WINA) by 91.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 70 shares of the specialty retailer’s stock after selling 768 shares during the period. Cubist Systematic Strategies LLC’s holdings in Winmark were worth $27,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. Avantax Advisory Services Inc. boosted its holdings in Winmark by 6.8% in the 4th quarter. Avantax Advisory Services Inc. now owns 641 shares of the specialty retailer’s stock valued at $252,000 after purchasing an additional 41 shares during the period. Cavalier Investments LLC lifted its holdings in shares of Winmark by 2.8% during the 4th quarter. Cavalier Investments LLC now owns 1,742 shares of the specialty retailer’s stock worth $685,000 after acquiring an additional 48 shares during the period. Mariner LLC lifted its holdings in shares of Winmark by 10.0% during the 4th quarter. Mariner LLC now owns 866 shares of the specialty retailer’s stock worth $340,000 after acquiring an additional 79 shares during the period. Anchor Capital Advisors LLC lifted its holdings in shares of Winmark by 2.4% during the 4th quarter. Anchor Capital Advisors LLC now owns 3,467 shares of the specialty retailer’s stock worth $1,363,000 after acquiring an additional 80 shares during the period. Finally, Sterling Capital Management LLC lifted its holdings in shares of Winmark by 820.0% during the 4th quarter. Sterling Capital Management LLC now owns 92 shares of the specialty retailer’s stock worth $36,000 after acquiring an additional 82 shares during the period. 73.32% of the stock is owned by institutional investors.

Winmark Stock Performance

NASDAQ:WINA opened at $422.42 on Tuesday. The company has a 50-day moving average of $348.37 and a 200-day moving average of $372.05. The company has a market capitalization of $1.49 billion, a price-to-earnings ratio of 38.79 and a beta of 0.54. Winmark Co. has a 52 week low of $295.79 and a 52 week high of $434.87.

Winmark (NASDAQ:WINA) last released its quarterly earnings data on Wednesday, April 16th. The specialty retailer reported $2.71 EPS for the quarter, missing analysts’ consensus estimates of $2.74 by ($0.03). The business had revenue of $21.92 million for the quarter, compared to the consensus estimate of $20.91 million. Winmark had a negative return on equity of 93.24% and a net margin of 49.15%. During the same period in the previous year, the business posted $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 issued a dividend of $0.96 per share. This represents a $3.84 dividend on an annualized basis and a dividend yield of 0.91%. This is an increase from Winmark’s previous quarterly dividend of $0.90. The ex-dividend date of this dividend is Wednesday, May 14th. Winmark’s dividend payout ratio (DPR) is presently 34.32%.

Winmark Company 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.