Victory Capital Management Inc. Grows Holdings in Winmark Co. (NASDAQ:WINA)

Victory Capital Management Inc. grew its stake in shares of Winmark Co. (NASDAQ:WINA) by 292.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 17,020 shares of the specialty retailer’s stock after buying an additional 12,682 shares during the quarter. Victory Capital Management Inc. owned 0.48% of Winmark worth $6,690,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Smartleaf Asset Management LLC increased its stake in Winmark by 145.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 238 shares of the specialty retailer’s stock valued at $93,000 after acquiring an additional 141 shares during the last quarter. Intech Investment Management LLC purchased a new position in shares of Winmark in the 3rd quarter worth about $271,000. Centaurus Financial Inc. increased its position in shares of Winmark by 108.4% during 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. Keybank National Association OH purchased a new position in shares of Winmark during the 4th quarter valued at about $279,000. Finally, Nisa Investment Advisors LLC lifted its position in Winmark by 1,087.1% in the 4th quarter. Nisa Investment Advisors LLC now owns 736 shares of the specialty retailer’s stock worth $289,000 after buying an additional 674 shares during the last quarter. 73.32% of the stock is owned by institutional investors.

Winmark Price Performance

Shares of WINA opened at $313.51 on Friday. Winmark Co. has a 1 year low of $300.83 and a 1 year high of $431.67. The stock has a 50 day simple moving average of $365.83 and a two-hundred day simple moving average of $378.74. The firm has a market cap of $1.11 billion, a P/E ratio of 28.79 and a beta of 0.89.

Winmark (NASDAQ:WINA) last announced its quarterly earnings data on Wednesday, February 19th. The specialty retailer reported $2.60 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.65 by ($0.05). The business had revenue of $19.55 million during the quarter, compared to analysts’ expectations 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 business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Wednesday, February 12th were issued a $0.90 dividend. The ex-dividend date was Wednesday, February 12th. This represents a $3.60 annualized dividend and a dividend yield of 1.15%. Winmark’s dividend payout ratio is currently 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.