State Street Corp Has $31.09 Million Stock Position in Winmark Co. (NASDAQ:WINA)

State Street Corp lifted its stake in shares of Winmark Co. (NASDAQ:WINA - Free Report) by 1.9% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 81,185 shares of the specialty retailer's stock after purchasing an additional 1,535 shares during the period. State Street Corp owned 2.31% of Winmark worth $31,088,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. nVerses Capital LLC bought a new stake in Winmark during the third quarter worth $77,000. CWM LLC increased 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 during the last quarter. Centaurus Financial Inc. bought a new stake in shares of Winmark in the 2nd quarter valued at about $122,000. Quest Partners LLC acquired a new stake in Winmark in the 2nd quarter valued at about $169,000. Finally, Intech Investment Management LLC bought a new position in Winmark during the third quarter worth about $271,000. Institutional investors and hedge funds own 73.32% of the company's stock.

Insider Transactions at Winmark

In other Winmark news, major shareholder Ronald G. Olson sold 3,659 shares of the stock in a transaction 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 transaction, the insider now owns 146,335 shares in the company, valued at $62,076,770.35. This trade represents a 2.44 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Renae M. Gaudette sold 1,500 shares of the business's stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $380.11, for a total transaction of $570,165.00. Following the completion of the sale, the chief operating officer now directly 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 position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 10,300 shares of company stock worth $4,158,071. 10.60% of the stock is owned by insiders.

Winmark Price Performance

NASDAQ WINA traded up $0.15 during trading on Friday, reaching $398.65. 44,103 shares of the company's stock were exchanged, compared to its average volume of 25,796. The business has a 50 day moving average price of $397.75 and a 200-day moving average price of $377.69. The stock has a market capitalization of $1.40 billion, a P/E ratio of 36.47 and a beta of 0.83. Winmark Co. has a fifty-two week low of $330.25 and a fifty-two week high of $431.67.

Winmark (NASDAQ:WINA - Get Free Report) last posted its earnings results on Wednesday, October 16th. The specialty retailer reported $3.03 earnings per share for the quarter, missing analysts' consensus estimates of $3.16 by ($0.13). Winmark had a negative return on equity of 85.43% and a net margin of 49.02%. The business had revenue of $21.51 million for the quarter.

Winmark Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Wednesday, November 13th were given a $8.40 dividend. The ex-dividend date was Wednesday, November 13th. This is a positive change from Winmark's previous quarterly dividend of $0.90. This represents a $33.60 annualized dividend and a dividend yield of 8.43%. 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.