Monimus Capital Management LP Makes New $1.69 Million Investment in Winmark Co. (NASDAQ:WINA)

Monimus Capital Management LP acquired a new position in shares of Winmark Co. (NASDAQ:WINA) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 4,298 shares of the specialty retailer’s stock, valued at approximately $1,689,000. Winmark comprises 1.6% of Monimus Capital Management LP’s investment portfolio, making the stock its 23rd biggest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC grew its position in shares of Winmark by 145.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 238 shares of the specialty retailer’s stock worth $93,000 after buying an additional 141 shares during the period. Avantax Advisory Services Inc. lifted its stake in Winmark by 6.8% in the 4th quarter. Avantax Advisory Services Inc. now owns 641 shares of the specialty retailer’s stock valued at $252,000 after acquiring an additional 41 shares in the last quarter. Seizert Capital Partners LLC bought a new stake in Winmark in the 4th quarter valued at approximately $253,000. Intech Investment Management LLC bought a new stake in Winmark in the 3rd quarter valued at approximately $271,000. Finally, Keybank National Association OH bought a new stake in Winmark in the 4th quarter valued at approximately $279,000. 73.32% of the stock is owned by institutional investors.

Winmark Stock Up 3.1 %

Shares of Winmark stock opened at $313.51 on Friday. Winmark Co. has a 12-month low of $300.83 and a 12-month high of $431.67. The stock has a market cap of $1.11 billion, a P/E ratio of 28.79 and a beta of 0.89. The business’s 50 day moving average is $365.83 and its 200-day moving average is $378.74.

Winmark (NASDAQ:WINA) last issued its quarterly earnings data on Wednesday, February 19th. The specialty retailer reported $2.60 EPS for the quarter, missing analysts’ consensus estimates of $2.65 by ($0.05). The firm had revenue of $19.55 million during the quarter, compared to analyst estimates 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. Investors of record on Wednesday, February 12th were paid a $0.90 dividend. This represents a $3.60 dividend on an annualized basis and a dividend yield of 1.15%. The ex-dividend date was Wednesday, February 12th. 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.