Winmark (NASDAQ:WINA) Sees Unusually-High Trading Volume – Should You Buy?

Winmark Co. (NASDAQ:WINA) shares saw unusually-strong trading volume on Tuesday . Approximately 78,978 shares traded hands during mid-day trading, an increase of 205% from the previous session’s volume of 25,899 shares.The stock last traded at $418.55 and had previously closed at $417.11.

Winmark Trading Up 0.4%

The firm has a market capitalization of $1.48 billion, a P/E ratio of 38.47 and a beta of 0.54. The company has a 50-day moving average of $358.63 and a 200-day moving average of $372.68.

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

Winmark Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Wednesday, May 14th will be paid a $0.96 dividend. This is a positive change from Winmark’s previous quarterly dividend of $0.90. This represents a $3.84 dividend on an annualized basis and a dividend yield of 0.92%. The ex-dividend date of this dividend is Wednesday, May 14th. Winmark’s dividend payout ratio is currently 34.32%.

Institutional Investors Weigh In On Winmark

Large investors have recently modified their holdings of the company. Neuberger Berman Group LLC boosted its holdings in shares of Winmark by 2.0% during the 4th quarter. Neuberger Berman Group LLC now owns 333,273 shares of the specialty retailer’s stock worth $131,000,000 after buying an additional 6,521 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Winmark by 1.4% during the first quarter. Vanguard Group Inc. now owns 171,334 shares of the specialty retailer’s stock valued at $54,462,000 after buying an additional 2,382 shares during the last quarter. William Blair Investment Management LLC increased its holdings in 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 in the last quarter. Nine Ten Capital Management LLC raised its position in Winmark by 5.5% in the 4th quarter. Nine Ten Capital Management LLC now owns 83,900 shares of the specialty retailer’s stock valued at $32,979,000 after buying an additional 4,400 shares during the last quarter. Finally, Geode Capital Management LLC raised its holdings in shares of Winmark by 0.4% in the fourth quarter. Geode Capital Management LLC now owns 71,451 shares of the specialty retailer’s stock valued at $28,092,000 after purchasing an additional 266 shares during the last quarter. 73.32% of the stock is currently owned by institutional investors and hedge funds.

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.