Northstar Asset Management Inc. Takes $1.20 Million Position in Winmark Co. (NASDAQ:WINA)

Northstar Asset Management Inc. acquired a new position in shares of Winmark Co. (NASDAQ:WINA - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,052 shares of the specialty retailer's stock, valued at approximately $1,200,000. Northstar Asset Management Inc. owned about 0.09% of Winmark at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Congress Asset Management Co. boosted its holdings in shares of Winmark by 73.3% in the 4th quarter. Congress Asset Management Co. now owns 15,823 shares of the specialty retailer's stock worth $6,220,000 after acquiring an additional 6,690 shares in the last quarter. Barclays PLC lifted its holdings in Winmark by 117.7% during the 3rd quarter. Barclays PLC now owns 6,073 shares of the specialty retailer's stock worth $2,325,000 after buying an additional 3,284 shares in the last quarter. Geode Capital Management LLC boosted its position in Winmark by 2.1% in the 3rd quarter. Geode Capital Management LLC now owns 71,185 shares of the specialty retailer's stock valued at $27,264,000 after buying an additional 1,445 shares during the last quarter. Nisa Investment Advisors LLC raised its position in shares of Winmark by 1,087.1% during the fourth quarter. Nisa Investment Advisors LLC now owns 736 shares of the specialty retailer's stock worth $289,000 after acquiring an additional 674 shares during the last quarter. Finally, SG Americas Securities LLC acquired a new position in shares of Winmark during the fourth quarter valued at $502,000. Institutional investors and hedge funds own 73.32% of the company's stock.

Insider Buying and Selling at Winmark

In related news, major shareholder Ronald G. Olson sold 3,659 shares of the stock in a transaction that occurred on 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 completion of the sale, the insider now directly owns 146,335 shares of the company's stock, valued at approximately $62,076,770.35. This represents 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 this link. Insiders own 10.60% of the company's stock.

Winmark Stock Performance

Winmark stock traded down $13.60 during trading hours on Friday, reaching $338.43. 29,933 shares of the company's stock traded hands, compared to its average volume of 19,372. Winmark Co. has a fifty-two week low of $330.25 and a fifty-two week high of $431.67. The firm's 50 day moving average is $387.38 and its 200-day moving average is $382.91. The firm has a market capitalization of $1.19 billion, a price-to-earnings ratio of 31.08 and a beta of 0.82.

Winmark (NASDAQ:WINA - Get Free Report) last announced its quarterly earnings data on Wednesday, February 19th. The specialty retailer reported $2.60 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.65 by ($0.05). The business had revenue of $19.55 million during the quarter, compared to the consensus estimate of $20.25 million. Winmark had a net margin of 49.15% and a negative return on equity of 93.24%.

Winmark Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Wednesday, February 12th will be paid a $0.90 dividend. The ex-dividend date of this dividend is Wednesday, February 12th. This represents a $3.60 dividend on an annualized basis and a dividend yield of 1.06%. Winmark's dividend payout ratio (DPR) is presently 33.06%.

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.