Winmark Co. (NASDAQ:WINA) Stock Holdings Cut by Port Capital LLC

Port Capital LLC cut its position in shares of Winmark Co. (NASDAQ:WINA) by 0.6% during the 4th quarter, Holdings Channel reports. The firm owned 105,916 shares of the specialty retailer’s stock after selling 679 shares during the period. Winmark comprises 1.9% of Port Capital LLC’s investment portfolio, making the stock its 23rd largest position. Port Capital LLC’s holdings in Winmark were worth $41,632,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Sterling Capital Management LLC raised its position in Winmark by 820.0% in the fourth quarter. Sterling Capital Management LLC now owns 92 shares of the specialty retailer’s stock worth $36,000 after acquiring an additional 82 shares in the last quarter. Smartleaf Asset Management LLC grew its stake in shares of Winmark by 145.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 238 shares of the specialty retailer’s stock worth $93,000 after purchasing an additional 141 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in shares of Winmark in the 4th quarter worth approximately $220,000. KLP Kapitalforvaltning AS acquired a new stake in Winmark during the fourth quarter valued at approximately $236,000. Finally, Brevan Howard Capital Management LP bought a new stake in Winmark during the fourth quarter worth approximately $247,000. Institutional investors own 73.32% of the company’s stock.

Winmark Stock Up 1.0%

Shares of NASDAQ WINA opened at $416.65 on Thursday. The stock’s fifty day simple moving average is $341.47 and its 200 day simple moving average is $371.21. The stock has a market capitalization of $1.47 billion, a price-to-earnings ratio of 38.26 and a beta of 0.54. Winmark Co. has a 52-week low of $295.79 and a 52-week high of $431.67.

Winmark (NASDAQ:WINA) last released its earnings results 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). The business had revenue of $21.92 million during the quarter, compared to analysts’ expectations of $20.91 million. Winmark had a net margin of 49.15% and a negative return on equity of 93.24%. During the same quarter in the previous year, the company earned $2.41 EPS.

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 represents a $3.84 annualized dividend and a dividend yield of 0.92%. The ex-dividend date of this dividend is Wednesday, May 14th. This is a positive change from Winmark’s previous quarterly dividend of $0.90. Winmark’s payout ratio is presently 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.