Northern Trust Corp Buys 2,577 Shares of Winmark Co. (NASDAQ:WINA)

Northern Trust Corp lifted its stake in Winmark Co. (NASDAQ:WINA) by 5.8% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 46,666 shares of the specialty retailer’s stock after buying an additional 2,577 shares during the quarter. Northern Trust Corp’s holdings in Winmark were worth $18,343,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of WINA. Barclays PLC lifted its stake in Winmark by 117.7% in the 3rd quarter. Barclays PLC now owns 6,073 shares of the specialty retailer’s stock worth $2,325,000 after purchasing an additional 3,284 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Winmark by 36.5% in the third quarter. JPMorgan Chase & Co. now owns 8,722 shares of the specialty retailer’s stock worth $3,340,000 after purchasing an additional 2,333 shares during the last quarter. Annex Advisory Services LLC purchased a new stake in shares of Winmark in the fourth quarter worth about $1,099,000. Nisa Investment Advisors LLC boosted its stake in Winmark by 1,087.1% during the fourth quarter. Nisa Investment Advisors LLC now owns 736 shares of the specialty retailer’s stock valued at $289,000 after buying an additional 674 shares during the last quarter. Finally, SG Americas Securities LLC purchased a new position in Winmark during the 4th quarter valued at approximately $502,000. Institutional investors own 73.32% of the company’s stock.

Winmark Price Performance

Shares of WINA opened at $412.61 on Wednesday. The stock has a market capitalization of $1.46 billion, a price-to-earnings ratio of 37.89 and a beta of 0.54. Winmark Co. has a 1 year low of $295.79 and a 1 year high of $431.67. The business’s 50 day simple moving average is $339.62 and its 200-day simple moving average is $370.89.

Winmark (NASDAQ:WINA) last released its quarterly earnings data on Wednesday, April 16th. The specialty retailer reported $2.71 EPS for the quarter, missing the consensus estimate of $2.74 by ($0.03). Winmark had a net margin of 49.15% and a negative return on equity of 93.24%. The business had revenue of $21.92 million for the quarter, compared to the consensus estimate of $20.91 million. During the same quarter last year, the business earned $2.41 EPS.

Winmark Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Wednesday, May 14th will be given a $0.96 dividend. The ex-dividend date of this dividend is Wednesday, May 14th. This represents a $3.84 annualized dividend and a yield of 0.93%. This is a positive change from Winmark’s previous quarterly dividend of $0.90. Winmark’s dividend payout ratio (DPR) is currently 34.32%.

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.