Winmark Co. (NASDAQ:WINA) Shares Sold by Mawer Investment Management Ltd.

Mawer Investment Management Ltd. trimmed its position in Winmark Co. (NASDAQ:WINA) by 13.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 77,714 shares of the specialty retailer’s stock after selling 12,559 shares during the quarter. Mawer Investment Management Ltd. owned about 2.21% of Winmark worth $30,547,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Raymond James Financial Inc. acquired a new position in Winmark in the fourth quarter valued at approximately $12,071,000. Rockefeller Capital Management L.P. acquired a new position in shares of Winmark in the 3rd quarter valued at $9,168,000. William Blair Investment Management LLC grew its holdings in shares of Winmark by 17.7% during the 4th quarter. William Blair Investment Management LLC now owns 84,803 shares of the specialty retailer’s stock worth $33,334,000 after purchasing an additional 12,755 shares during the period. Victory Capital Management Inc. grew its holdings in shares of Winmark by 292.3% during the 4th quarter. Victory Capital Management Inc. now owns 17,020 shares of the specialty retailer’s stock worth $6,690,000 after purchasing an additional 12,682 shares during the period. Finally, Congress Asset Management Co. increased its position in shares of Winmark by 73.3% during the 4th quarter. Congress Asset Management Co. now owns 15,823 shares of the specialty retailer’s stock worth $6,220,000 after purchasing an additional 6,690 shares during the last quarter. Hedge funds and other institutional investors own 73.32% of the company’s stock.

Winmark Price Performance

NASDAQ WINA opened at $315.00 on Friday. The stock has a market capitalization of $1.12 billion, a P/E ratio of 28.93 and a beta of 0.89. The firm’s 50-day moving average is $351.57 and its two-hundred day moving average is $376.10. Winmark Co. has a 12 month low of $300.83 and a 12 month high of $431.67.

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

Winmark Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Wednesday, February 12th were paid a $0.90 dividend. The ex-dividend date was Wednesday, February 12th. This represents a $3.60 dividend on an annualized basis and a dividend yield of 1.14%. Winmark’s payout ratio is presently 33.06%.

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.