Winmark Co. (NASDAQ:WINA) Shares Bought by William Blair Investment Management LLC

William Blair Investment Management LLC grew its position in Winmark Co. (NASDAQ:WINA) by 17.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 84,803 shares of the specialty retailer’s stock after buying an additional 12,755 shares during the quarter. William Blair Investment Management LLC’s holdings in Winmark were worth $33,334,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Congress Asset Management Co. grew its stake in shares of Winmark by 73.3% in the fourth quarter. Congress Asset Management Co. now owns 15,823 shares of the specialty retailer’s stock valued at $6,220,000 after buying an additional 6,690 shares in the last quarter. Allspring Global Investments Holdings LLC acquired a new stake in shares of Winmark in the fourth quarter valued at $351,000. Barclays PLC grew its stake in shares of Winmark by 117.7% in the third quarter. Barclays PLC now owns 6,073 shares of the specialty retailer’s stock valued at $2,325,000 after buying an additional 3,284 shares in the last quarter. Northstar Asset Management Inc. acquired a new stake in shares of Winmark in the fourth quarter valued at $1,200,000. Finally, Nisa Investment Advisors LLC grew its stake in shares of Winmark by 1,087.1% in the fourth quarter. Nisa Investment Advisors LLC now owns 736 shares of the specialty retailer’s stock valued at $289,000 after buying an additional 674 shares in the last quarter. 73.32% of the stock is owned by institutional investors and hedge funds.

Winmark Trading Up 2.3 %

Shares of NASDAQ WINA opened at $322.57 on Wednesday. Winmark Co. has a twelve month low of $300.83 and a twelve month high of $431.67. The stock has a fifty day simple moving average of $361.64 and a 200-day simple moving average of $378.02. The stock has a market capitalization of $1.14 billion, a PE ratio of 29.62 and a beta of 0.89.

Winmark (NASDAQ:WINA) last released its earnings results on Wednesday, February 19th. The specialty retailer reported $2.60 EPS for the quarter, missing the consensus estimate of $2.65 by ($0.05). Winmark had a negative return on equity of 93.24% and a net margin of 49.15%. The company had revenue of $19.55 million for the quarter, compared to analyst estimates of $20.25 million.

Winmark Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Wednesday, February 12th were paid a dividend of $0.90 per share. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $3.60 annualized dividend and a yield of 1.12%. Winmark’s payout ratio is 33.06%.

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.