Charles Schwab Investment Management Inc. Boosts Stock Position in Winmark Co. (NASDAQ:WINA)

Charles Schwab Investment Management Inc. grew its stake in shares of Winmark Co. (NASDAQ:WINA) by 0.7% during the 4th quarter, HoldingsChannel reports. The fund owned 24,246 shares of the specialty retailer’s stock after buying an additional 179 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Winmark were worth $9,530,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in WINA. Rockefeller Capital Management L.P. purchased a new stake in shares of Winmark during the third quarter worth $9,168,000. Congress Asset Management Co. raised its position 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 worth $6,220,000 after buying an additional 6,690 shares in the last quarter. Barclays PLC raised its position in shares of Winmark by 117.7% in the third 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 in the last quarter. Northstar Asset Management Inc. purchased a new stake in shares of Winmark in the fourth quarter worth $1,200,000. Finally, Annex Advisory Services LLC purchased a new stake in shares of Winmark in the fourth quarter worth $1,099,000. Hedge funds and other institutional investors own 73.32% of the company’s stock.

Winmark Stock Performance

Shares of WINA stock opened at $319.52 on Friday. Winmark Co. has a 52-week low of $300.83 and a 52-week high of $431.67. The company has a market capitalization of $1.13 billion, a PE ratio of 29.34 and a beta of 0.89. The business’s fifty day moving average is $358.03 and its 200 day moving average is $377.11.

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

Winmark Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Wednesday, February 12th were paid a $0.90 dividend. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $3.60 dividend on an annualized basis and a yield of 1.13%. Winmark’s dividend payout ratio is presently 33.06%.

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.