LPL Financial LLC Buys 535 Shares of Winmark Co. (NASDAQ:WINA)

LPL Financial LLC boosted its stake in shares of Winmark Co. (NASDAQ:WINA) by 32.7% during the fourth quarter, Holdings Channel reports. The firm owned 2,171 shares of the specialty retailer’s stock after purchasing an additional 535 shares during the quarter. LPL Financial LLC’s holdings in Winmark were worth $853,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. William Blair Investment Management LLC boosted its stake in shares of Winmark by 17.7% in the 4th quarter. William Blair Investment Management LLC now owns 84,803 shares of the specialty retailer’s stock worth $33,334,000 after buying an additional 12,755 shares during the last quarter. Geode Capital Management LLC boosted its position in Winmark by 2.1% in the third quarter. Geode Capital Management LLC now owns 71,185 shares of the specialty retailer’s stock worth $27,264,000 after purchasing an additional 1,445 shares during the last quarter. Copeland Capital Management LLC grew its stake in shares of Winmark by 2.5% during the 4th quarter. Copeland Capital Management LLC now owns 65,224 shares of the specialty retailer’s stock valued at $25,638,000 after purchasing an additional 1,594 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of Winmark during the 4th quarter valued at about $12,071,000. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Winmark by 0.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 24,246 shares of the specialty retailer’s stock worth $9,530,000 after purchasing an additional 179 shares during the period. Institutional investors own 73.32% of the company’s stock.

Winmark Trading Up 2.2 %

Shares of NASDAQ WINA opened at $351.41 on Tuesday. Winmark Co. has a 12-month low of $295.79 and a 12-month high of $431.67. The firm has a market capitalization of $1.24 billion, a price-to-earnings ratio of 32.27 and a beta of 0.64. The firm has a 50 day moving average of $330.99 and a 200 day moving average of $370.97.

Winmark (NASDAQ:WINA) last issued its quarterly earnings data 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 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 period in the previous year, the firm earned $2.41 EPS.

Winmark Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Wednesday, May 14th will be given a dividend of $0.96 per share. This is a boost from Winmark’s previous quarterly dividend of $0.90. This represents a $3.84 dividend on an annualized basis and a dividend yield of 1.09%. The ex-dividend date is Wednesday, May 14th. Winmark’s payout ratio is presently 34.32%.

Winmark Company 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.