Two Sigma Investments LP Cuts Holdings in Winmark Co. (NASDAQ:WINA)

Two Sigma Investments LP decreased its stake in shares of Winmark Co. (NASDAQ:WINA) by 55.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,101 shares of the specialty retailer’s stock after selling 1,365 shares during the quarter. Two Sigma Investments LP’s holdings in Winmark were worth $433,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of WINA. Barclays PLC grew its stake in Winmark by 117.7% during the 3rd quarter. Barclays PLC now owns 6,073 shares of the specialty retailer’s stock worth $2,325,000 after buying an additional 3,284 shares during the last quarter. Allspring Global Investments Holdings LLC purchased a new position in Winmark during the 4th quarter worth approximately $351,000. Congress Asset Management Co. grew its stake in Winmark by 73.3% during the 4th quarter. Congress Asset Management Co. now owns 15,823 shares of the specialty retailer’s stock worth $6,220,000 after buying an additional 6,690 shares during the last quarter. Northstar Asset Management Inc. purchased a new position in Winmark during the 4th quarter worth approximately $1,200,000. Finally, Cavalier Investments LLC grew its stake in 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 buying an additional 48 shares during the last quarter. Hedge funds and other institutional investors own 73.32% of the company’s stock.

Insider Buying and Selling at Winmark

In other news, CFO Anthony D. Ishaug sold 4,000 shares of the company’s stock in a transaction dated Friday, May 30th. The stock was sold at an average price of $425.95, for a total value of $1,703,800.00. Following the completion of the sale, the chief financial officer now owns 56,683 shares of the company’s stock, valued at $24,144,123.85. This represents a 6.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 10.10% of the stock is owned by company insiders.

Winmark Trading Down 3.6%

Winmark stock opened at $416.72 on Tuesday. Winmark Co. has a twelve month low of $295.79 and a twelve month high of $437.44. The stock has a 50 day moving average of $379.10 and a two-hundred day moving average of $374.19. The stock has a market capitalization of $1.47 billion, a price-to-earnings ratio of 38.27 and a beta of 0.61.

Winmark (NASDAQ:WINA) last issued its quarterly earnings data on Wednesday, April 16th. The specialty retailer reported $2.71 earnings per share (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 analyst estimates 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 prior year, the firm posted $2.41 earnings per share.

Winmark Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Wednesday, May 14th were given a dividend of $0.96 per share. This represents a $3.84 dividend on an annualized basis and a yield of 0.92%. The ex-dividend date was Wednesday, May 14th. This is an increase from Winmark’s previous quarterly dividend of $0.90. Winmark’s payout ratio is 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.