New York State Common Retirement Fund Cuts Stock Position in Winmark Co. (NASDAQ:WINA)

New York State Common Retirement Fund trimmed its position in Winmark Co. (NASDAQ:WINA) by 1.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 15,276 shares of the specialty retailer’s stock after selling 162 shares during the period. New York State Common Retirement Fund’s holdings in Winmark were worth $6,378,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in shares of Winmark by 1.5% during the third quarter. Vanguard Group Inc. now owns 154,934 shares of the specialty retailer’s stock worth $57,811,000 after acquiring an additional 2,247 shares during the period. Eagle Asset Management Inc. raised its stake in shares of Winmark by 0.9% during the 3rd quarter. Eagle Asset Management Inc. now owns 25,043 shares of the specialty retailer’s stock worth $9,344,000 after buying an additional 229 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Winmark by 5.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 22,107 shares of the specialty retailer’s stock valued at $8,249,000 after buying an additional 1,062 shares during the period. Fiera Capital Corp boosted its stake in shares of Winmark by 8.7% in the third quarter. Fiera Capital Corp now owns 12,511 shares of the specialty retailer’s stock valued at $4,668,000 after buying an additional 1,000 shares in the last quarter. Finally, Skandinaviska Enskilda Banken AB publ grew its holdings in Winmark by 15.9% during the third quarter. Skandinaviska Enskilda Banken AB publ now owns 10,200 shares of the specialty retailer’s stock worth $3,806,000 after acquiring an additional 1,400 shares during the period. 73.32% of the stock is owned by institutional investors and hedge funds.

Winmark Stock Performance

Winmark stock opened at $364.30 on Friday. Winmark Co. has a one year low of $308.92 and a one year high of $451.30. The company has a market cap of $1.27 billion, a P/E ratio of 33.27 and a beta of 0.85. The business has a fifty day moving average of $357.11 and a two-hundred day moving average of $388.18.

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

Winmark Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 15th will be issued a $0.90 dividend. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $3.60 dividend on an annualized basis and a dividend yield of 0.99%. This is a boost from Winmark’s previous quarterly dividend of $0.80. Winmark’s dividend payout ratio is currently 32.88%.

Insider Activity at Winmark

In other Winmark news, CFO Anthony D. Ishaug sold 4,000 shares of the business’s stock in a transaction on Monday, April 22nd. The stock was sold at an average price of $386.51, for a total transaction of $1,546,040.00. Following the sale, the chief financial officer now directly owns 51,783 shares in the company, valued at $20,014,647.33. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other news, CEO Brett D. Heffes sold 8,290 shares of the 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 document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Anthony D. Ishaug sold 4,000 shares of Winmark stock in a transaction that occurred on Monday, April 22nd. The stock was sold at an average price of $386.51, for a total value of $1,546,040.00. Following the transaction, the chief financial officer now owns 51,783 shares of the company’s stock, valued at $20,014,647.33. The disclosure for this sale can be found here. 10.60% of the stock is currently owned by company insiders.

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.