Dimensional Fund Advisors LP Decreases Position in Winmark Co. (NASDAQ:WINA)

Dimensional Fund Advisors LP trimmed its stake in shares of Winmark Co. (NASDAQ:WINA - Free Report) by 6.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 113,571 shares of the specialty retailer's stock after selling 8,130 shares during the quarter. Dimensional Fund Advisors LP owned approximately 3.25% of Winmark worth $47,422,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in WINA. Vanguard Group Inc. raised its position in Winmark by 1.5% in the third quarter. Vanguard Group Inc. now owns 154,934 shares of the specialty retailer's stock valued at $57,811,000 after purchasing an additional 2,247 shares during the last quarter. Mountain Pacific Investment Advisers Inc. ID increased its stake in shares of Winmark by 23.0% in the fourth quarter. Mountain Pacific Investment Advisers Inc. ID now owns 25,685 shares of the specialty retailer's stock valued at $10,725,000 after buying an additional 4,807 shares during the period. Eagle Asset Management Inc. boosted its position in Winmark by 0.9% during the 3rd quarter. Eagle Asset Management Inc. now owns 25,043 shares of the specialty retailer's stock worth $9,344,000 after buying an additional 229 shares during the period. Charles Schwab Investment Management Inc. boosted its position in Winmark by 1.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 22,345 shares of the specialty retailer's stock worth $9,330,000 after buying an additional 238 shares during the period. Finally, New York State Common Retirement Fund grew its holdings in Winmark by 1.8% during the 3rd quarter. New York State Common Retirement Fund now owns 15,438 shares of the specialty retailer's stock worth $5,760,000 after acquiring an additional 279 shares during the last quarter. Institutional investors own 73.32% of the company's stock.

Insider Buying and Selling

In other Winmark news, CFO Anthony D. Ishaug sold 4,000 shares of the stock in a transaction that occurred on Monday, April 22nd. The shares were sold at an average price of $386.51, for a total transaction of $1,546,040.00. Following the completion of the sale, the chief financial officer now owns 51,783 shares of the company's stock, valued at approximately $20,014,647.33. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Winmark news, CFO Anthony D. Ishaug sold 4,000 shares of the company's stock in a transaction on Monday, April 22nd. The shares were sold at an average price of $386.51, for a total transaction of $1,546,040.00. Following the sale, the chief financial officer now owns 51,783 shares of the company's stock, valued at $20,014,647.33. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Brett D. Heffes sold 8,290 shares of Winmark stock in a transaction dated Thursday, April 18th. The stock was sold at an average price of $373.04, for a total value of $3,092,501.60. Following the completion of the transaction, the chief executive officer now directly owns 110,000 shares of the company's stock, valued at $41,034,400. The disclosure for this sale can be found here. 10.60% of the stock is owned by insiders.

Winmark Stock Up 0.6 %

NASDAQ WINA traded up $1.97 on Thursday, hitting $342.99. The company's stock had a trading volume of 9,637 shares, compared to its average volume of 26,138. The firm has a market cap of $1.20 billion, a PE ratio of 31.32 and a beta of 0.85. The company's 50-day moving average is $358.74 and its 200 day moving average is $381.13. Winmark Co. has a 1-year low of $314.09 and a 1-year high of $451.30.

Winmark (NASDAQ:WINA - Get Free Report) last posted its quarterly earnings data on Wednesday, April 17th. The specialty retailer reported $2.41 earnings per share for the quarter. The business had revenue of $20.11 million during the quarter. Winmark had a negative return on equity of 84.36% and a net margin of 48.36%.

Winmark Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 15th will be paid a $0.90 dividend. This is a positive change from Winmark's previous quarterly dividend of $0.80. This represents a $3.60 dividend on an annualized basis and a dividend yield of 1.05%. The ex-dividend date of this dividend is Tuesday, May 14th. Winmark's payout ratio is currently 32.88%.

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.