Winmark Co. (NASDAQ:WINA) Stock Position Decreased by Strs Ohio

Strs Ohio trimmed its position in shares of Winmark Co. (NASDAQ:WINA) by 21.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,500 shares of the specialty retailer’s stock after selling 400 shares during the period. Strs Ohio’s holdings in Winmark were worth $626,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Mountain Pacific Investment Advisers Inc. ID raised its holdings in shares of Winmark by 3.8% in the 3rd quarter. Mountain Pacific Investment Advisers Inc. ID now owns 20,878 shares of the specialty retailer’s stock worth $7,790,000 after purchasing an additional 768 shares in the last quarter. Cavalier Investments LLC increased its stake in Winmark by 2.4% in the 3rd quarter. Cavalier Investments LLC now owns 1,514 shares of the specialty retailer’s stock valued at $565,000 after buying an additional 35 shares during the period. Robeco Institutional Asset Management B.V. increased its stake in Winmark by 8.9% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 2,076 shares of the specialty retailer’s stock valued at $775,000 after buying an additional 170 shares during the period. Annex Advisory Services LLC grew its position in Winmark by 20.7% in the third quarter. Annex Advisory Services LLC now owns 980 shares of the specialty retailer’s stock worth $366,000 after acquiring an additional 168 shares in the last quarter. Finally, Principal Financial Group Inc. bought a new stake in Winmark in the third quarter worth approximately $263,000. 73.32% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CEO Brett D. Heffes sold 8,290 shares of Winmark stock in a transaction that occurred on Thursday, April 18th. The shares were sold at an average price of $373.04, for a total value of $3,092,501.60. Following the sale, the chief executive officer now directly owns 110,000 shares in the company, valued at $41,034,400. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, CFO Anthony D. Ishaug sold 4,000 shares of the business’s stock in a transaction dated Monday, April 22nd. The shares were sold at an average price of $386.51, for a total value of $1,546,040.00. Following the completion of the sale, the chief financial officer now owns 51,783 shares of the company’s stock, valued at $20,014,647.33. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Brett D. Heffes sold 8,290 shares of the business’s stock in a transaction dated Thursday, April 18th. The shares were sold at an average price of $373.04, for a total transaction of $3,092,501.60. Following the completion of the sale, the chief executive officer now directly owns 110,000 shares of the company’s stock, valued at approximately $41,034,400. The disclosure for this sale can be found here. Corporate insiders own 10.60% of the company’s stock.

Winmark Trading Down 1.6 %

NASDAQ WINA opened at $360.00 on Friday. Winmark Co. has a 1 year low of $308.92 and a 1 year high of $451.30. The company has a fifty day simple moving average of $361.25 and a 200 day simple moving average of $389.87. The company has a market cap of $1.26 billion, a P/E ratio of 32.88 and a beta of 0.85.

Winmark (NASDAQ:WINA) last announced its earnings results on Wednesday, April 17th. The specialty retailer reported $2.41 earnings per share (EPS) for the quarter. The business had revenue of $20.11 million during the quarter. Winmark had a net margin of 48.36% and a negative return on equity of 84.36%.

Winmark Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 15th will be paid a dividend of $0.90 per share. This is a positive change from Winmark’s previous quarterly dividend of $0.80. The ex-dividend date is Tuesday, May 14th. This represents a $3.60 annualized dividend and a yield of 1.00%. Winmark’s dividend payout ratio (DPR) is presently 29.22%.

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.