William Blair Investment Management LLC Grows Stock Position in Winmark Co. (NASDAQ:WINA)

William Blair Investment Management LLC grew its position in Winmark Co. (NASDAQ:WINA) by 17.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 84,803 shares of the specialty retailer’s stock after acquiring an additional 12,755 shares during the quarter. William Blair Investment Management LLC owned about 2.41% of Winmark worth $33,334,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. State Street Corp lifted its position in Winmark by 1.9% during the third quarter. State Street Corp now owns 81,185 shares of the specialty retailer’s stock worth $31,088,000 after buying an additional 1,535 shares in the last quarter. Geode Capital Management LLC lifted its position in Winmark by 2.1% during the third quarter. Geode Capital Management LLC now owns 71,185 shares of the specialty retailer’s stock worth $27,264,000 after buying an additional 1,445 shares in the last quarter. Copeland Capital Management LLC lifted its position in Winmark by 2.5% during the fourth quarter. Copeland Capital Management LLC now owns 65,224 shares of the specialty retailer’s stock worth $25,638,000 after buying an additional 1,594 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Winmark during the fourth quarter worth approximately $12,071,000. Finally, Charles Schwab Investment Management Inc. lifted its position in Winmark by 0.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 24,246 shares of the specialty retailer’s stock worth $9,530,000 after buying an additional 179 shares in the last quarter. Hedge funds and other institutional investors own 73.32% of the company’s stock.

Winmark Stock Performance

Shares of Winmark stock opened at $322.57 on Wednesday. Winmark Co. has a one year low of $300.83 and a one year high of $431.67. The company has a market cap of $1.14 billion, a price-to-earnings ratio of 29.62 and a beta of 0.89. The business’s 50 day moving average price is $361.64 and its 200 day moving average price is $378.02.

Winmark (NASDAQ:WINA) last announced its quarterly earnings data on Wednesday, February 19th. The specialty retailer reported $2.60 EPS for the quarter, missing analysts’ consensus estimates of $2.65 by ($0.05). The company had revenue of $19.55 million for the quarter, compared to analysts’ expectations 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 firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Wednesday, February 12th were paid a dividend of $0.90 per share. The ex-dividend date was Wednesday, February 12th. This represents a $3.60 annualized dividend and a yield of 1.12%. Winmark’s dividend payout ratio (DPR) is 33.06%.

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.