Jane Street Group LLC Cuts Holdings in Winmark Co. (NASDAQ:WINA)

Jane Street Group LLC decreased its stake in shares of Winmark Co. (NASDAQ:WINA - Free Report) by 31.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,921 shares of the specialty retailer's stock after selling 1,345 shares during the quarter. Jane Street Group LLC owned approximately 0.08% of Winmark worth $1,119,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Commonwealth Equity Services LLC raised its position in Winmark by 0.3% during the 2nd quarter. Commonwealth Equity Services LLC now owns 14,186 shares of the specialty retailer's stock valued at $5,003,000 after purchasing an additional 41 shares in the last quarter. Cavalier Investments LLC lifted its stake in Winmark by 4.2% in the third quarter. Cavalier Investments LLC now owns 1,694 shares of the specialty retailer's stock worth $649,000 after acquiring an additional 69 shares during the period. Crossmark Global Holdings Inc. grew its holdings in Winmark by 15.1% during the 2nd quarter. Crossmark Global Holdings Inc. now owns 809 shares of the specialty retailer's stock worth $285,000 after acquiring an additional 106 shares in the last quarter. Principal Financial Group Inc. lifted its position in shares of Winmark by 7.6% in the 2nd quarter. Principal Financial Group Inc. now owns 1,558 shares of the specialty retailer's stock worth $549,000 after purchasing an additional 110 shares during the period. Finally, CWM LLC boosted its position in Winmark by 110.9% during the 3rd quarter. CWM LLC now owns 213 shares of the specialty retailer's stock valued at $82,000 after acquiring an additional 112 shares in the last quarter. 73.32% of the stock is currently owned by institutional investors.

Winmark Trading Down 0.9 %

Shares of NASDAQ:WINA traded down $3.67 during trading on Monday, reaching $392.53. The stock had a trading volume of 15,620 shares, compared to its average volume of 25,557. The firm's 50-day simple moving average is $400.44 and its 200 day simple moving average is $380.03. The company has a market capitalization of $1.38 billion, a P/E ratio of 35.91 and a beta of 0.83. Winmark Co. has a one year low of $330.25 and a one year high of $431.67.

Winmark (NASDAQ:WINA - Get Free Report) last announced its earnings results on Wednesday, October 16th. The specialty retailer reported $3.03 earnings per share (EPS) for the quarter, missing the consensus estimate 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 business also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Wednesday, November 13th were paid a $8.40 dividend. The ex-dividend date of this dividend was Wednesday, November 13th. 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 yield of 8.56%. Winmark's dividend payout ratio (DPR) is 32.94%.

Insiders Place Their Bets

In other Winmark news, major shareholder Ronald G. Olson sold 3,659 shares of the business's stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $424.21, for a total transaction of $1,552,184.39. Following the sale, the insider now owns 146,335 shares in the company, valued at approximately $62,076,770.35. The trade was a 2.44 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Renae M. Gaudette sold 1,500 shares of the firm's stock in a transaction dated 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 owns 15,060 shares of the company's stock, valued at approximately $5,724,456.60. The trade was a 9.06 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 10,300 shares of company stock valued at $4,158,071. Insiders own 10.60% of the company's stock.

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.