Allspring Global Investments Holdings LLC Invests $351,000 in Winmark Co. (NASDAQ:WINA)

Allspring Global Investments Holdings LLC acquired a new stake in Winmark Co. (NASDAQ:WINA) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 892 shares of the specialty retailer’s stock, valued at approximately $351,000.

Other institutional investors have also added to or reduced their stakes in the company. ClearAlpha Technologies LP boosted its stake in shares of Winmark by 26.4% in the 3rd quarter. ClearAlpha Technologies LP now owns 1,265 shares of the specialty retailer’s stock valued at $484,000 after purchasing an additional 264 shares in the last quarter. Centaurus Financial Inc. lifted its stake in Winmark by 108.4% in the 3rd quarter. Centaurus Financial Inc. now owns 721 shares of the specialty retailer’s stock valued at $276,000 after purchasing an additional 375 shares during the last quarter. Stifel Financial Corp boosted its position in Winmark by 13.7% in the third quarter. Stifel Financial Corp now owns 3,961 shares of the specialty retailer’s stock valued at $1,517,000 after buying an additional 477 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Winmark by 2.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 24,067 shares of the specialty retailer’s stock worth $9,216,000 after buying an additional 555 shares during the last quarter. Finally, Victory Capital Management Inc. increased its holdings in shares of Winmark by 16.4% during the third quarter. Victory Capital Management Inc. now owns 4,338 shares of the specialty retailer’s stock worth $1,661,000 after buying an additional 612 shares in the last quarter. 73.32% of the stock is currently owned by institutional investors and hedge funds.

Winmark Stock Up 1.9 %

NASDAQ WINA opened at $338.58 on Wednesday. The company has a market cap of $1.19 billion, a price-to-earnings ratio of 31.09 and a beta of 0.82. Winmark Co. has a twelve month low of $330.25 and a twelve month high of $431.67. The business’s fifty day moving average is $384.52 and its 200 day moving average is $382.95.

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 the consensus estimate of $2.65 by ($0.05). Winmark had a negative return on equity of 93.24% and a net margin of 49.15%. The firm had revenue of $19.55 million for the quarter, compared to the consensus estimate of $20.25 million.

Winmark Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Wednesday, February 12th will be paid a dividend of $0.90 per share. This represents a $3.60 annualized dividend and a dividend yield of 1.06%. The ex-dividend date of this dividend is Wednesday, February 12th. Winmark’s payout ratio is currently 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.