Teacher Retirement System of Texas Purchases New Shares in Winmark Co. (NASDAQ:WINA)

Teacher Retirement System of Texas acquired a new position in Winmark Co. (NASDAQ:WINA) during the fourth quarter, according to the company in its most recent filing with the SEC. The fund acquired 3,519 shares of the specialty retailer’s stock, valued at approximately $1,383,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC lifted its stake in shares of Winmark by 145.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 238 shares of the specialty retailer’s stock worth $93,000 after acquiring an additional 141 shares in the last quarter. Avantax Advisory Services Inc. increased its holdings in Winmark by 6.8% during the 4th quarter. Avantax Advisory Services Inc. now owns 641 shares of the specialty retailer’s stock worth $252,000 after purchasing an additional 41 shares during the last quarter. Seizert Capital Partners LLC purchased a new stake in Winmark during the 4th quarter worth approximately $253,000. Intech Investment Management LLC acquired a new position in shares of Winmark in the 3rd quarter valued at approximately $271,000. Finally, Keybank National Association OH purchased a new position in shares of Winmark during the 4th quarter valued at approximately $279,000. 73.32% of the stock is owned by hedge funds and other institutional investors.

Winmark Trading Down 2.2 %

WINA stock opened at $315.00 on Friday. The company has a market capitalization of $1.12 billion, a P/E ratio of 28.93 and a beta of 0.89. The firm has a 50 day simple moving average of $351.57 and a 200-day simple moving average of $375.90. Winmark Co. has a twelve month low of $300.83 and a twelve month high of $431.67.

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

Winmark Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Wednesday, February 12th were issued a $0.90 dividend. This represents a $3.60 annualized dividend and a yield of 1.14%. The ex-dividend date of this dividend was Wednesday, February 12th. Winmark’s dividend payout ratio is currently 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.