D. E. Shaw & Co. Inc. Sells 1,418 Shares of Winmark Co. (NASDAQ:WINA)

D. E. Shaw & Co. Inc. cut its holdings in shares of Winmark Co. (NASDAQ:WINA) by 21.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,222 shares of the specialty retailer’s stock after selling 1,418 shares during the quarter. D. E. Shaw & Co. Inc. owned 0.15% of Winmark worth $2,053,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. Neuberger Berman Group LLC increased its holdings in shares of Winmark by 2.0% during the fourth quarter. Neuberger Berman Group LLC now owns 333,273 shares of the specialty retailer’s stock worth $131,000,000 after purchasing an additional 6,521 shares during the period. Vanguard Group Inc. increased its stake in Winmark by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 168,952 shares of the specialty retailer’s stock valued at $66,410,000 after acquiring an additional 1,389 shares during the last quarter. William Blair Investment Management LLC increased its stake in Winmark by 17.7% in the fourth quarter. William Blair Investment Management LLC now owns 84,803 shares of the specialty retailer’s stock valued at $33,334,000 after acquiring an additional 12,755 shares during the last quarter. Nine Ten Capital Management LLC increased its stake in Winmark by 5.5% in the fourth quarter. Nine Ten Capital Management LLC now owns 83,900 shares of the specialty retailer’s stock valued at $32,979,000 after acquiring an additional 4,400 shares during the last quarter. Finally, Geode Capital Management LLC increased its stake in Winmark by 0.4% in the fourth quarter. Geode Capital Management LLC now owns 71,451 shares of the specialty retailer’s stock valued at $28,092,000 after acquiring an additional 266 shares during the last quarter. 73.32% of the stock is owned by institutional investors.

Winmark Price Performance

Shares of NASDAQ:WINA opened at $426.24 on Wednesday. The company’s 50 day simple moving average is $350.82 and its 200 day simple moving average is $372.42. The stock has a market capitalization of $1.51 billion, a price-to-earnings ratio of 39.14 and a beta of 0.54. Winmark Co. has a 1 year low of $295.79 and a 1 year high of $434.87.

Winmark (NASDAQ:WINA) last announced its quarterly earnings data on Wednesday, April 16th. The specialty retailer reported $2.71 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 the consensus estimate of $20.91 million. During the same period last 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. Investors of record on Wednesday, May 14th will be paid a $0.96 dividend. This is a boost from Winmark’s previous quarterly dividend of $0.90. The ex-dividend date is Wednesday, May 14th. This represents a $3.84 annualized dividend and a dividend yield of 0.90%. Winmark’s payout ratio is currently 34.32%.

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.