Fiera Capital Corp Sells 3,690 Shares of Winmark Co. (NASDAQ:WINA)

Fiera Capital Corp reduced its stake in Winmark Co. (NASDAQ:WINA - Free Report) by 29.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,881 shares of the specialty retailer's stock after selling 3,690 shares during the period. Fiera Capital Corp owned 0.25% of Winmark worth $3,401,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Vanguard Group Inc. increased its position in shares of Winmark by 2.3% during the first quarter. Vanguard Group Inc. now owns 162,668 shares of the specialty retailer's stock worth $58,837,000 after acquiring an additional 3,594 shares in the last quarter. AltraVue Capital LLC grew its position in Winmark by 95.2% in the 2nd quarter. AltraVue Capital LLC now owns 145,914 shares of the specialty retailer's stock worth $51,454,000 after purchasing an additional 71,145 shares in the last quarter. William Blair Investment Management LLC grew its position in Winmark by 9.0% in the 2nd quarter. William Blair Investment Management LLC now owns 71,426 shares of the specialty retailer's stock worth $25,187,000 after purchasing an additional 5,892 shares in the last quarter. Copeland Capital Management LLC grew its position in Winmark by 0.3% in the 3rd quarter. Copeland Capital Management LLC now owns 63,630 shares of the specialty retailer's stock worth $24,366,000 after purchasing an additional 162 shares in the last quarter. Finally, Bessemer Group Inc. boosted its stake in Winmark by 7.9% in the first quarter. Bessemer Group Inc. now owns 48,215 shares of the specialty retailer's stock valued at $17,439,000 after acquiring an additional 3,512 shares during the last quarter. 73.32% of the stock is owned by institutional investors.

Insider Activity at Winmark

In related news, CFO Anthony D. Ishaug sold 2,400 shares of the company's stock in a transaction that occurred on Friday, October 18th. The shares were sold at an average price of $382.59, for a total transaction of $918,216.00. Following the sale, the chief financial officer now owns 53,875 shares of the company's stock, valued at approximately $20,612,036.25. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, 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 transaction, the chief financial officer now owns 53,875 shares of the company's stock, valued at $20,612,036.25. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, COO Renae M. Gaudette sold 1,500 shares of the 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 transaction, the chief operating officer now directly owns 15,060 shares in the company, valued at $5,724,456.60. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. 10.60% of the stock is currently owned by corporate insiders.

Winmark Stock Performance

WINA traded up $4.48 during midday trading on Friday, reaching $410.46. The company had a trading volume of 13,147 shares, compared to its average volume of 17,813. The stock has a market cap of $1.44 billion, a PE ratio of 37.55 and a beta of 0.80. The business has a 50-day moving average price of $372.81 and a two-hundred day moving average price of $368.04. Winmark Co. has a 12-month low of $330.25 and a 12-month high of $451.30.

Winmark (NASDAQ:WINA - Get Free Report) last announced 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 business had revenue of $21.51 million for 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. Investors of record on Wednesday, November 13th will be paid a dividend of $8.40 per share. This is a boost 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%. The ex-dividend date of this dividend is Wednesday, November 13th. Winmark's dividend payout ratio is presently 32.94%.

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.