Eagle Asset Management Inc. Has $8.77 Million Stock Position in Winmark Co. (NASDAQ:WINA)

Eagle Asset Management Inc. boosted its stake in shares of Winmark Co. (NASDAQ:WINA - Free Report) by 14.2% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 21,372 shares of the specialty retailer's stock after purchasing an additional 2,655 shares during the period. Eagle Asset Management Inc. owned 0.61% of Winmark worth $8,772,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Charles Schwab Investment Management Inc. lifted its stake in Winmark by 2.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 24,067 shares of the specialty retailer's stock valued at $9,216,000 after purchasing an additional 555 shares during the last quarter. Intech Investment Management LLC acquired a new stake in shares of Winmark in the third quarter valued at approximately $271,000. Victory Capital Management Inc. boosted its stake in shares of Winmark by 16.4% during the 3rd quarter. Victory Capital Management Inc. now owns 4,338 shares of the specialty retailer's stock worth $1,661,000 after acquiring an additional 612 shares during the period. CWA Asset Management Group LLC acquired a new position in shares of Winmark during the 3rd quarter worth approximately $5,102,000. Finally, Cavalier Investments LLC raised its stake in Winmark by 4.2% in the 3rd quarter. Cavalier Investments LLC now owns 1,694 shares of the specialty retailer's stock valued at $649,000 after acquiring an additional 69 shares during the period. Institutional investors own 73.32% of the company's stock.

Winmark Trading Up 4.7 %

Shares of NASDAQ:WINA traded up $19.04 on Monday, hitting $422.31. The company had a trading volume of 46,093 shares, compared to its average volume of 26,401. The stock has a 50 day moving average price of $382.53 and a 200 day moving average price of $370.92. The stock has a market cap of $1.49 billion, a price-to-earnings ratio of 36.90 and a beta of 0.80. Winmark Co. has a 1-year low of $330.25 and a 1-year high of $451.30.

Winmark (NASDAQ:WINA - Get Free Report) last released its quarterly earnings results on Wednesday, October 16th. The specialty retailer reported $3.03 earnings per share for the quarter, missing the consensus estimate of $3.16 by ($0.13). Winmark had a net margin of 49.02% and a negative return on equity of 85.43%. The company had revenue of $21.51 million during the quarter.

Winmark Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Wednesday, November 13th will be paid a $8.40 dividend. The ex-dividend date of this dividend is Wednesday, November 13th. This is an increase from Winmark's previous quarterly dividend of $0.90. This represents a $33.60 annualized dividend and a dividend yield of 7.96%. Winmark's dividend payout ratio is 32.94%.

Insider Buying and Selling

In other news, COO Renae M. Gaudette sold 1,500 shares of the company's stock in a transaction on Friday, October 25th. The stock was sold at an average price of $380.11, for a total transaction of $570,165.00. Following the completion of the sale, the chief operating officer now directly owns 15,060 shares in the company, valued at approximately $5,724,456.60. This represents a 9.06 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Anthony D. Ishaug sold 2,400 shares of the firm's stock in a transaction on Friday, October 18th. The stock was 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 $20,612,036.25. The trade was a 4.26 % decrease in their position. The disclosure for this sale can be found here. 10.60% of the stock is owned by insiders.

Winmark Company 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.