RIA Advisory Group LLC Buys New Shares in Winmark Co. (NASDAQ:WINA)

RIA Advisory Group LLC bought a new stake in Winmark Co. (NASDAQ:WINA) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 1,481 shares of the specialty retailer’s stock, valued at approximately $618,000.

Several other hedge funds have also made changes to their positions in the stock. Tower Research Capital LLC TRC raised its position in Winmark by 91.3% in the third quarter. Tower Research Capital LLC TRC now owns 132 shares of the specialty retailer’s stock worth $29,000 after purchasing an additional 63 shares in the last quarter. Lazard Asset Management LLC acquired a new stake in shares of Winmark in the first quarter valued at approximately $47,000. Acadian Asset Management LLC acquired a new stake in shares of Winmark in the first quarter valued at approximately $55,000. Huntington National Bank increased its holdings in shares of Winmark by 24.1% in the third quarter. Huntington National Bank now owns 170 shares of the specialty retailer’s stock valued at $63,000 after purchasing an additional 33 shares in the last quarter. Finally, State of Wyoming increased its holdings in shares of Winmark by 864.3% in the fourth quarter. State of Wyoming now owns 270 shares of the specialty retailer’s stock valued at $64,000 after purchasing an additional 242 shares in the last quarter. Institutional investors own 73.32% of the company’s stock.

Winmark Stock Up 4.8 %

WINA stock traded up $17.69 during midday trading on Friday, reaching $383.69. The company’s stock had a trading volume of 46,271 shares, compared to its average volume of 28,521. Winmark Co. has a 52 week low of $308.92 and a 52 week high of $451.30. The stock has a market cap of $1.34 billion, a PE ratio of 33.61 and a beta of 0.85. The business’s 50-day simple moving average is $362.20 and its 200-day simple moving average is $390.25.

Winmark (NASDAQ:WINA) last posted its quarterly earnings data on Wednesday, April 17th. The specialty retailer reported $2.41 EPS for the quarter. The business had revenue of $20.11 million for the quarter. Winmark had a net margin of 48.36% and a negative return on equity of 87.50%.

Winmark Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 15th will be given a $0.90 dividend. This is a boost from Winmark’s previous quarterly dividend of $0.80. This represents a $3.60 annualized dividend and a yield of 0.94%. The ex-dividend date is Tuesday, May 14th. Winmark’s payout ratio is currently 29.22%.

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.