SG Americas Securities LLC Takes Position in Winmark Co. (NASDAQ:WINA)

SG Americas Securities LLC bought a new position in shares of Winmark Co. (NASDAQ:WINA - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 1,277 shares of the specialty retailer's stock, valued at approximately $502,000.

Other hedge funds also recently modified their holdings of the company. nVerses Capital LLC acquired a new position in Winmark during the 3rd quarter worth about $77,000. CWM LLC raised its stake in shares of Winmark by 110.9% during the 3rd quarter. CWM LLC now owns 213 shares of the specialty retailer's stock worth $82,000 after purchasing an additional 112 shares in the last quarter. Centaurus Financial Inc. bought a new position in shares of Winmark during the 2nd quarter worth approximately $122,000. Intech Investment Management LLC bought a new stake in Winmark in the 3rd quarter valued at $271,000. Finally, Nisa Investment Advisors LLC lifted its position in shares of Winmark by 1,087.1% during the 4th quarter. Nisa Investment Advisors LLC now owns 736 shares of the specialty retailer's stock valued at $289,000 after acquiring an additional 674 shares during the period. Institutional investors own 73.32% of the company's stock.

Winmark Trading Up 0.8 %

Winmark stock traded up $3.12 during mid-day trading on Wednesday, reaching $383.84. The company had a trading volume of 15,884 shares, compared to its average volume of 18,747. Winmark Co. has a fifty-two week low of $330.25 and a fifty-two week high of $431.67. The company has a market cap of $1.35 billion, a P/E ratio of 35.12 and a beta of 0.82. The business has a fifty day simple moving average of $396.20 and a 200 day simple moving average of $384.20.

Winmark Cuts Dividend

The firm also recently disclosed 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. This represents a $3.60 dividend on an annualized basis and a dividend yield of 0.94%. The ex-dividend date is Wednesday, February 12th. Winmark's dividend payout ratio is 32.94%.

Insider Activity

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 shares were sold at an average price of $424.21, for a total value of $1,552,184.39. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 10.60% of the company's stock.

About Winmark

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.