CWA Asset Management Group LLC purchased a new stake in shares of Winmark Co. (NASDAQ:WINA - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 13,324 shares of the specialty retailer's stock, valued at approximately $5,102,000. CWA Asset Management Group LLC owned 0.38% of Winmark at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently bought and sold shares of WINA. Swiss National Bank grew its holdings in shares of Winmark by 1.7% during the 1st quarter. Swiss National Bank now owns 5,900 shares of the specialty retailer's stock valued at $2,134,000 after acquiring an additional 100 shares in the last quarter. Clifford Capital Partners LLC increased its position in Winmark by 25.0% in the 1st quarter. Clifford Capital Partners LLC now owns 1,419 shares of the specialty retailer's stock worth $513,000 after purchasing an additional 284 shares during the last quarter. Russell Investments Group Ltd. raised its stake in shares of Winmark by 9.7% during the 1st quarter. Russell Investments Group Ltd. now owns 5,294 shares of the specialty retailer's stock worth $1,915,000 after purchasing an additional 468 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Winmark by 2.3% during the 1st quarter. Vanguard Group Inc. now owns 162,668 shares of the specialty retailer's stock valued at $58,837,000 after buying an additional 3,594 shares during the last quarter. Finally, Cynosure Group LLC bought a new stake in Winmark in the first quarter worth approximately $662,000. Hedge funds and other institutional investors own 73.32% of the company's stock.
Winmark Trading Up 1.1 %
Winmark stock traded up $4.48 during mid-day trading on Friday, hitting $410.46. 13,147 shares of the company's stock were exchanged, compared to its average volume of 17,813. Winmark Co. has a 1-year low of $330.25 and a 1-year high of $451.30. The stock has a 50 day moving average of $372.81 and a two-hundred day moving average of $368.07. The stock has a market cap of $1.44 billion, a P/E ratio of 37.55 and a beta of 0.80.
Winmark (NASDAQ:WINA - Get Free Report) last released its quarterly earnings results on Wednesday, October 16th. The specialty retailer reported $3.03 EPS for the quarter, missing analysts' consensus estimates of $3.16 by ($0.13). The firm had revenue of $21.51 million during the quarter. Winmark had a net margin of 49.02% and a negative return on equity of 85.43%.
Winmark Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Wednesday, November 13th will be issued a dividend of $8.40 per share. The ex-dividend date of this dividend is Wednesday, November 13th. This is a positive change from Winmark's previous quarterly dividend of $0.90. This represents a $33.60 dividend on an annualized basis and a dividend yield of 8.19%. Winmark's payout ratio is 32.94%.
Insider Activity
In related news, CFO Anthony D. Ishaug sold 2,400 shares of the stock in a transaction dated Friday, October 18th. The shares were sold at an average price of $382.59, for a total value of $918,216.00. Following the completion of the sale, the chief financial officer now owns 53,875 shares in the company, valued at approximately $20,612,036.25. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, CFO Anthony D. Ishaug sold 2,400 shares of the stock in a transaction on Friday, October 18th. The shares were sold at an average price of $382.59, for a total value of $918,216.00. Following the completion of the transaction, the chief financial officer now owns 53,875 shares in the company, valued at approximately $20,612,036.25. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, COO Renae M. Gaudette sold 1,500 shares of the stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $380.11, for a total value of $570,165.00. Following the completion of the transaction, the chief operating officer now directly owns 15,060 shares of the company's stock, valued at approximately $5,724,456.60. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 10.60% of the stock is owned by company insiders.
About Winmark
(
Free Report)
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.
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