Point72 Asia Singapore Pte. Ltd. Takes $31,000 Position in Winmark Co. (NASDAQ:WINA)

Point72 Asia Singapore Pte. Ltd. bought a new stake in Winmark Co. (NASDAQ:WINA) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 79 shares of the specialty retailer’s stock, valued at approximately $31,000.

Other hedge funds also recently modified their holdings of the company. Congress Asset Management Co. boosted its stake 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 valued at $6,220,000 after purchasing an additional 6,690 shares during the last quarter. Allspring Global Investments Holdings LLC bought a new position in shares of Winmark in the 4th quarter valued at about $351,000. Northstar Asset Management Inc. bought a new position in shares of Winmark in the 4th quarter valued at about $1,200,000. Barclays PLC boosted its stake in shares of Winmark by 117.7% in the 3rd quarter. Barclays PLC now owns 6,073 shares of the specialty retailer’s stock valued at $2,325,000 after purchasing an additional 3,284 shares during the last quarter. Finally, Nisa Investment Advisors LLC boosted its stake in shares of Winmark by 1,087.1% in the 4th quarter. Nisa Investment Advisors LLC now owns 736 shares of the specialty retailer’s stock valued at $289,000 after purchasing an additional 674 shares during the last quarter. Institutional investors own 73.32% of the company’s stock.

Winmark Trading Down 0.6%

Shares of NASDAQ WINA opened at $422.42 on Tuesday. The firm has a market capitalization of $1.49 billion, a PE ratio of 38.79 and a beta of 0.54. Winmark Co. has a 1 year low of $295.79 and a 1 year high of $434.87. The firm’s 50-day moving average is $348.37 and its 200-day moving average is $372.05.

Winmark (NASDAQ:WINA) last issued its earnings results on Wednesday, April 16th. The specialty retailer reported $2.71 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.74 by ($0.03). The business had revenue of $21.92 million during the quarter, compared to the consensus estimate of $20.91 million. Winmark had a net margin of 49.15% and a negative return on equity of 93.24%. During the same period last year, the business posted $2.41 EPS.

Winmark Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Wednesday, May 14th will be given a $0.96 dividend. This represents a $3.84 dividend on an annualized basis and a dividend yield of 0.91%. This is an increase from Winmark’s previous quarterly dividend of $0.90. The ex-dividend date of this dividend is Wednesday, May 14th. Winmark’s dividend payout ratio (DPR) is currently 34.32%.

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.