Bessemer Group Inc. Trims Holdings in Winmark Corporation $WINA

Bessemer Group Inc. decreased its position in Winmark Corporation (NASDAQ:WINA) by 41.3% during the third quarter, Holdings Channel reports. The firm owned 33,929 shares of the specialty retailer’s stock after selling 23,890 shares during the quarter. Bessemer Group Inc.’s holdings in Winmark were worth $16,889,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of WINA. Geneos Wealth Management Inc. raised its holdings in shares of Winmark by 775.0% in the 3rd quarter. Geneos Wealth Management Inc. now owns 70 shares of the specialty retailer’s stock valued at $35,000 after buying an additional 62 shares during the period. Cornerstone Planning Group LLC acquired a new position in Winmark in the 3rd quarter valued at about $36,000. Elevation Point Wealth Partners LLC purchased a new stake in Winmark during the second quarter worth about $43,000. CWM LLC lifted its position in shares of Winmark by 358.8% during the second quarter. CWM LLC now owns 156 shares of the specialty retailer’s stock worth $59,000 after purchasing an additional 122 shares in the last quarter. Finally, Tower Research Capital LLC TRC boosted its stake in shares of Winmark by 19.0% in the second quarter. Tower Research Capital LLC TRC now owns 213 shares of the specialty retailer’s stock valued at $80,000 after purchasing an additional 34 shares during the period. 73.32% of the stock is currently owned by hedge funds and other institutional investors.

Winmark Trading Up 3.3%

WINA stock opened at $452.68 on Friday. The stock has a market cap of $1.61 billion, a P/E ratio of 40.35 and a beta of 0.68. Winmark Corporation has a twelve month low of $295.79 and a twelve month high of $527.37. The company’s 50 day moving average is $430.54 and its two-hundred day moving average is $436.03.

Winmark Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Wednesday, February 11th will be paid a dividend of $0.96 per share. The ex-dividend date is Wednesday, February 11th. This represents a $3.84 dividend on an annualized basis and a yield of 0.8%. Winmark’s dividend payout ratio is currently 34.22%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Winmark in a research report on Wednesday, January 21st. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy”.

About Winmark

Winmark Corporation (NASDAQ: WINA) is a franchisor of retail resale stores, specializing in the resale of apparel, sporting goods, children’s and maternity clothing, toys, and entertainment media. Through its portfolio of well-known brands—such as Plato’s Closet, Once Upon a Child, Play It Again Sports, and Style Encore—Winmark provides aspiring entrepreneurs the opportunity to own and operate neighborhood resale businesses. The company supports its franchisees with site selection, store design, training programs, and ongoing marketing assistance, emphasizing a turnkey approach to retail entrepreneurship.

Each of Winmark’s franchised brands targets a distinct consumer segment.