Smartleaf Asset Management LLC Raises Holdings in Winmark Co. (NASDAQ:WINA)

Smartleaf Asset Management LLC grew its position in Winmark Co. (NASDAQ:WINA) by 145.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 238 shares of the specialty retailer’s stock after buying an additional 141 shares during the quarter. Smartleaf Asset Management LLC’s holdings in Winmark were worth $93,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the company. Anchor Capital Advisors LLC lifted its holdings in shares of Winmark by 2.4% in the 4th quarter. Anchor Capital Advisors LLC now owns 3,467 shares of the specialty retailer’s stock worth $1,363,000 after buying an additional 80 shares during the period. Cavalier Investments LLC lifted its holdings in shares of Winmark by 2.8% in the 4th quarter. Cavalier Investments LLC now owns 1,742 shares of the specialty retailer’s stock worth $685,000 after buying an additional 48 shares during the period. Northstar Asset Management Inc. bought a new position in shares of Winmark in the 4th quarter worth $1,200,000. Congress Asset Management Co. raised its position in shares of Winmark by 73.3% in the 4th quarter. Congress Asset Management Co. now owns 15,823 shares of the specialty retailer’s stock worth $6,220,000 after acquiring an additional 6,690 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC bought a new position in shares of Winmark in the 4th quarter worth $351,000. 73.32% of the stock is currently owned by hedge funds and other institutional investors.

Winmark Trading Up 1.5 %

WINA opened at $324.35 on Friday. The firm has a market cap of $1.15 billion, a price-to-earnings ratio of 29.78 and a beta of 0.89. Winmark Co. has a 12 month low of $310.82 and a 12 month high of $431.67. The stock has a fifty day moving average price of $372.49 and a 200-day moving average price of $380.49.

Winmark (NASDAQ:WINA) last released its quarterly earnings results on Wednesday, February 19th. The specialty retailer reported $2.60 EPS for the quarter, missing the consensus estimate of $2.65 by ($0.05). The company had revenue of $19.55 million during the quarter, compared to the consensus estimate 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 business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Wednesday, February 12th were given a $0.90 dividend. This represents a $3.60 annualized dividend and a dividend yield of 1.11%. The ex-dividend date was Wednesday, February 12th. Winmark’s payout ratio is 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.