Charles Schwab Investment Management Inc. Buys 179 Shares of Winmark Co. (NASDAQ:WINA)

Charles Schwab Investment Management Inc. grew its stake in shares of Winmark Co. (NASDAQ:WINA) by 0.7% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 24,246 shares of the specialty retailer’s stock after purchasing an additional 179 shares during the period. Charles Schwab Investment Management Inc. owned about 0.69% of Winmark worth $9,530,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in WINA. Smartleaf Asset Management LLC increased its holdings in Winmark by 145.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 238 shares of the specialty retailer’s stock worth $93,000 after purchasing an additional 141 shares in the last quarter. Intech Investment Management LLC bought a new position in shares of Winmark in the third quarter valued at approximately $271,000. Centaurus Financial Inc. grew its holdings in shares of Winmark by 108.4% in the third quarter. Centaurus Financial Inc. now owns 721 shares of the specialty retailer’s stock valued at $276,000 after acquiring an additional 375 shares in the last quarter. Nisa Investment Advisors LLC grew its holdings in shares of Winmark by 1,087.1% in the fourth quarter. Nisa Investment Advisors LLC now owns 736 shares of the specialty retailer’s stock valued at $289,000 after acquiring an additional 674 shares in the last quarter. Finally, Centiva Capital LP bought a new position in shares of Winmark in the third quarter valued at approximately $312,000. 73.32% of the stock is owned by institutional investors.

Winmark Stock Down 0.9 %

WINA stock opened at $319.52 on Friday. The firm has a market cap of $1.13 billion, a PE ratio of 29.34 and a beta of 0.89. The business has a 50 day moving average of $358.03 and a 200-day moving average of $377.11. Winmark Co. has a 12-month low of $300.83 and a 12-month high of $431.67.

Winmark (NASDAQ:WINA) last released its earnings results on Wednesday, February 19th. The specialty retailer reported $2.60 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.65 by ($0.05). The business had revenue of $19.55 million during the quarter, compared to the consensus estimate of $20.25 million. Winmark had a net margin of 49.15% and a negative return on equity of 93.24%.

Winmark Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Wednesday, February 12th were paid a $0.90 dividend. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $3.60 annualized dividend and a yield of 1.13%. 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.