California State Teachers Retirement System Has $1.10 Million Holdings in Winmark Co. (NASDAQ:WINA)

California State Teachers Retirement System cut its position in Winmark Co. (NASDAQ:WINA) by 1.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,791 shares of the specialty retailer’s stock after selling 34 shares during the period. California State Teachers Retirement System owned 0.08% of Winmark worth $1,097,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Winmark during the fourth quarter worth approximately $31,000. Sterling Capital Management LLC lifted its position in shares of Winmark by 820.0% during the fourth quarter. Sterling Capital Management LLC now owns 92 shares of the specialty retailer’s stock worth $36,000 after purchasing an additional 82 shares in the last quarter. Smartleaf Asset Management LLC lifted its position in shares of Winmark by 145.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 238 shares of the specialty retailer’s stock worth $93,000 after purchasing an additional 141 shares in the last quarter. Point72 Asset Management L.P. acquired a new position in shares of Winmark during the fourth quarter worth approximately $146,000. Finally, Dynamic Technology Lab Private Ltd acquired a new position in shares of Winmark during the fourth quarter worth approximately $220,000. 73.32% of the stock is currently owned by institutional investors and hedge funds.

Winmark Trading Down 3.6%

Shares of WINA stock opened at $416.72 on Tuesday. Winmark Co. has a 1 year low of $295.79 and a 1 year high of $437.44. The firm’s 50 day moving average is $379.10 and its 200-day moving average is $374.19. The firm has a market capitalization of $1.47 billion, a price-to-earnings ratio of 38.27 and a beta of 0.61.

Winmark (NASDAQ:WINA) last announced its earnings results on Wednesday, April 16th. The specialty retailer reported $2.71 earnings per share (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 for the quarter, compared to analyst estimates of $20.91 million. During the same quarter in the previous year, the company posted $2.41 earnings per share.

Winmark Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Wednesday, May 14th were paid a dividend of $0.96 per share. This represents a $3.84 dividend on an annualized basis and a dividend yield of 0.92%. This is an increase from Winmark’s previous quarterly dividend of $0.90. The ex-dividend date was Wednesday, May 14th. Winmark’s payout ratio is 34.32%.

Insider Buying and Selling

In related news, CFO Anthony D. Ishaug sold 4,000 shares of the business’s stock in a transaction that occurred on Friday, May 30th. The shares were sold at an average price of $425.95, for a total transaction of $1,703,800.00. Following the completion of the sale, the chief financial officer now directly owns 56,683 shares of the company’s stock, valued at $24,144,123.85. The trade was a 6.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 10.10% of the stock is currently owned by insiders.

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.