Copeland Capital Management LLC Raises Stock Position in Winmark Co. (NASDAQ:WINA)

Copeland Capital Management LLC boosted its position in shares of Winmark Co. (NASDAQ:WINA - Free Report) by 2.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 65,224 shares of the specialty retailer's stock after buying an additional 1,594 shares during the quarter. Copeland Capital Management LLC owned 1.85% of Winmark worth $25,638,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the company. SG Americas Securities LLC bought a new position in Winmark during the 4th quarter valued at about $502,000. Nisa Investment Advisors LLC lifted its stake 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 worth $289,000 after acquiring an additional 674 shares during the last quarter. Annex Advisory Services LLC purchased a new position in Winmark during the 4th quarter valued at $1,099,000. JPMorgan Chase & Co. grew its position in Winmark by 36.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 8,722 shares of the specialty retailer's stock valued at $3,340,000 after acquiring an additional 2,333 shares during the last quarter. Finally, Geode Capital Management LLC increased its stake in Winmark by 2.1% in the third quarter. Geode Capital Management LLC now owns 71,185 shares of the specialty retailer's stock worth $27,264,000 after purchasing an additional 1,445 shares during the period. Institutional investors own 73.32% of the company's stock.

Winmark Trading Up 0.3 %

Shares of NASDAQ WINA traded up $1.25 during mid-day trading on Wednesday, reaching $381.97. The company had a trading volume of 4,234 shares, compared to its average volume of 18,183. Winmark Co. has a 52 week low of $330.25 and a 52 week high of $431.67. The business's 50-day moving average is $396.77 and its 200-day moving average is $384.21. The stock has a market cap of $1.34 billion, a price-to-earnings ratio of 34.95 and a beta of 0.82.

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 dividend of $0.90 per share. This represents a $3.60 annualized dividend and a dividend yield of 0.94%. The ex-dividend date is Wednesday, February 12th. Winmark's dividend payout ratio is presently 32.94%.

Insider Activity at Winmark

In other news, major shareholder Ronald G. Olson sold 3,659 shares of the company's stock in a transaction that occurred on 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 completion of the sale, the insider now 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 10.60% of the stock is owned by company insiders.

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.