Commonwealth Equity Services LLC increased its position in shares of Winmark Co. (NASDAQ:WINA – Free Report) by 0.2% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 13,240 shares of the specialty retailer’s stock after buying an additional 32 shares during the quarter. Commonwealth Equity Services LLC owned 0.38% of Winmark worth $4,242,000 as of its most recent SEC filing.
Other hedge funds have also modified their holdings of the company. Mawer Investment Management Ltd. grew its stake in shares of Winmark by 0.5% during the 4th quarter. Mawer Investment Management Ltd. now owns 376,682 shares of the specialty retailer’s stock worth $88,833,000 after acquiring an additional 1,934 shares in the last quarter. Vanguard Group Inc. grew its position in Winmark by 1.5% in the first quarter. Vanguard Group Inc. now owns 150,356 shares of the specialty retailer’s stock valued at $33,079,000 after purchasing an additional 2,275 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Winmark by 0.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 128,710 shares of the specialty retailer’s stock valued at $30,354,000 after buying an additional 985 shares during the last quarter. Port Capital LLC lifted its position in Winmark by 8.7% during the 4th quarter. Port Capital LLC now owns 127,915 shares of the specialty retailer’s stock worth $30,166,000 after buying an additional 10,264 shares in the last quarter. Finally, AltraVue Capital LLC boosted its stake in shares of Winmark by 12.7% during the 4th quarter. AltraVue Capital LLC now owns 81,171 shares of the specialty retailer’s stock worth $19,143,000 after buying an additional 9,170 shares during the last quarter. 70.20% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
Separately, StockNews.com assumed coverage on Winmark in a research report on Thursday, August 17th. They issued a “buy” rating on the stock.
Winmark Stock Up 0.6 %
Shares of Winmark stock opened at $382.86 on Friday. Winmark Co. has a 12-month low of $209.00 and a 12-month high of $388.41. The business’s 50 day moving average is $356.28 and its 200-day moving average is $334.37. The stock has a market cap of $1.33 billion, a P/E ratio of 34.40 and a beta of 0.79.
Winmark (NASDAQ:WINA – Get Free Report) last announced its quarterly earnings results on Wednesday, July 19th. The specialty retailer reported $2.85 EPS for the quarter. The firm had revenue of $20.36 million during the quarter. Winmark had a net margin of 47.92% and a negative return on equity of 72.56%.
Winmark Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, September 1st. Shareholders of record on Wednesday, August 16th were given a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a yield of 0.84%. The ex-dividend date of this dividend was Tuesday, August 15th. Winmark’s dividend payout ratio (DPR) is presently 28.75%.
Insider Buying and Selling at Winmark
In other news, Director Mark L. Wilson sold 3,000 shares of Winmark stock in a transaction that occurred on Wednesday, June 7th. The stock was sold at an average price of $359.60, for a total transaction of $1,078,800.00. Following the completion of the transaction, the director now directly owns 3,474 shares in the company, valued at approximately $1,249,250.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 11.00% of the company’s stock.
Winmark Corporation, a resale company operates as a franchisor for small business in the United States and Canada. The company's Franchising segment franchises retail stores concepts that buy, sell and trade merchandise. Its Leasing segment operates middle-market equipment leasing business. 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.
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