Nebula Research & Development LLC Sells 1,554 Shares of Winmark Co. (NASDAQ:WINA)

Nebula Research & Development LLC trimmed its position in Winmark Co. (NASDAQ:WINA) by 49.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,563 shares of the specialty retailer’s stock after selling 1,554 shares during the period. Nebula Research & Development LLC’s holdings in Winmark were worth $614,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new position in Winmark in the 4th quarter worth $12,071,000. William Blair Investment Management LLC lifted its stake in shares of Winmark by 17.7% in the 4th quarter. William Blair Investment Management LLC now owns 84,803 shares of the specialty retailer’s stock valued at $33,334,000 after purchasing an additional 12,755 shares during the period. Victory Capital Management Inc. lifted its stake in shares of Winmark by 292.3% in the 4th quarter. Victory Capital Management Inc. now owns 17,020 shares of the specialty retailer’s stock valued at $6,690,000 after purchasing an additional 12,682 shares during the period. Congress Asset Management Co. lifted 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 period. Finally, Neuberger Berman Group LLC lifted its stake in shares of Winmark by 2.0% in the 4th quarter. Neuberger Berman Group LLC now owns 333,273 shares of the specialty retailer’s stock valued at $131,000,000 after purchasing an additional 6,521 shares during the period. 73.32% of the stock is owned by institutional investors.

Winmark Stock Up 0.2 %

WINA opened at $364.27 on Tuesday. The business has a 50 day moving average of $329.46 and a 200-day moving average of $370.81. The stock has a market cap of $1.29 billion, a PE ratio of 33.45 and a beta of 0.64. Winmark Co. has a 52 week low of $295.79 and a 52 week high of $431.67.

Winmark (NASDAQ:WINA) last announced its quarterly earnings data on Wednesday, April 16th. The specialty retailer reported $2.71 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.74 by ($0.03). The company had revenue of $21.92 million for the quarter, compared to analysts’ expectations of $20.91 million. Winmark had a net margin of 49.15% and a negative return on equity of 93.24%. During the same quarter in the previous year, the firm posted $2.41 EPS.

Winmark Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Wednesday, May 14th will be issued a $0.96 dividend. This is a positive change from Winmark’s previous quarterly dividend of $0.90. The ex-dividend date of this dividend is Wednesday, May 14th. This represents a $3.84 dividend on an annualized basis and a dividend yield of 1.05%. Winmark’s dividend payout ratio (DPR) is presently 34.32%.

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.