Geode Capital Management LLC Grows Position in Winmark Co. (NASDAQ:WINA)

Geode Capital Management LLC boosted its holdings in Winmark Co. (NASDAQ:WINA) by 0.4% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 71,451 shares of the specialty retailer’s stock after purchasing an additional 266 shares during the quarter. Geode Capital Management LLC’s holdings in Winmark were worth $28,092,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in WINA. Smartleaf Asset Management LLC lifted its position in Winmark by 145.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 238 shares of the specialty retailer’s stock valued at $93,000 after purchasing an additional 141 shares during the period. KLP Kapitalforvaltning AS purchased a new stake in shares of Winmark during the fourth quarter worth about $236,000. Avantax Advisory Services Inc. increased its holdings in Winmark by 6.8% in the 4th quarter. Avantax Advisory Services Inc. now owns 641 shares of the specialty retailer’s stock valued at $252,000 after acquiring an additional 41 shares during the last quarter. Seizert Capital Partners LLC bought a new position in Winmark during the fourth quarter valued at approximately $253,000. Finally, Keybank National Association OH bought a new position in shares of Winmark during the 4th quarter valued at approximately $279,000. Institutional investors own 73.32% of the company’s stock.

Winmark Stock Up 3.0 %

Winmark stock opened at $343.96 on Friday. The company has a market cap of $1.22 billion, a PE ratio of 31.58 and a beta of 0.64. Winmark Co. has a twelve month low of $295.79 and a twelve month high of $431.67. The company’s 50-day moving average price is $332.40 and its 200-day moving average price is $371.11.

Winmark (NASDAQ:WINA) last posted its quarterly earnings data on Wednesday, April 16th. The specialty retailer reported $2.71 earnings per share for the quarter, missing analysts’ consensus estimates of $2.74 by ($0.03). The firm had revenue of $21.92 million for the quarter, compared to the consensus estimate 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 last year, the firm earned $2.41 EPS.

Winmark Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Wednesday, May 14th will be paid a $0.96 dividend. The ex-dividend date is Wednesday, May 14th. This represents a $3.84 annualized dividend and a yield of 1.12%. This is an increase from Winmark’s previous quarterly dividend of $0.90. Winmark’s dividend payout ratio (DPR) 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.