Arrowstreet Capital Limited Partnership Lowers Stock Position in Winmark Co. (NASDAQ:WINA)

Arrowstreet Capital Limited Partnership lowered its position in Winmark Co. (NASDAQ:WINA) by 63.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 4,539 shares of the specialty retailer’s stock after selling 7,878 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in Winmark were worth $1,784,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. JPMorgan Chase & Co. grew its holdings in Winmark by 23.2% during the 4th quarter. JPMorgan Chase & Co. now owns 10,747 shares of the specialty retailer’s stock valued at $4,224,000 after buying an additional 2,025 shares in the last quarter. Vanguard Group Inc. raised its position in Winmark by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 168,952 shares of the specialty retailer’s stock worth $66,410,000 after purchasing an additional 1,389 shares during the period. LPL Financial LLC lifted its stake in shares of Winmark by 32.7% during the 4th quarter. LPL Financial LLC now owns 2,171 shares of the specialty retailer’s stock worth $853,000 after acquiring an additional 535 shares during the last quarter. KLP Kapitalforvaltning AS bought a new stake in shares of Winmark during the fourth quarter worth $236,000. Finally, Sei Investments Co. lifted its holdings in Winmark by 9.6% during the 4th quarter. Sei Investments Co. now owns 1,834 shares of the specialty retailer’s stock valued at $721,000 after buying an additional 160 shares in the last quarter. Institutional investors own 73.32% of the company’s stock.

Winmark Trading Down 1.3 %

Shares of WINA stock opened at $331.14 on Friday. Winmark Co. has a twelve month low of $295.79 and a twelve month high of $431.67. The stock has a fifty day simple moving average of $337.34 and a two-hundred day simple moving average of $372.76. The stock has a market capitalization of $1.17 billion, a price-to-earnings ratio of 30.41 and a beta of 0.64.

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

Winmark Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Wednesday, February 12th were issued a $0.90 dividend. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $3.60 annualized dividend and a yield of 1.09%. Winmark’s dividend payout ratio (DPR) is presently 33.06%.

About Winmark

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.