Strs Ohio Sells 400 Shares of Winmark Co. (NASDAQ:WINA)

Strs Ohio decreased its position in shares of Winmark Co. (NASDAQ:WINA) by 21.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 1,500 shares of the specialty retailer’s stock after selling 400 shares during the quarter. Strs Ohio’s holdings in Winmark were worth $626,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the stock. Algert Global LLC boosted its stake in Winmark by 0.7% in the 3rd quarter. Algert Global LLC now owns 3,358 shares of the specialty retailer’s stock worth $1,253,000 after purchasing an additional 24 shares during the period. Huntington National Bank boosted its stake in Winmark by 24.1% in the 3rd quarter. Huntington National Bank now owns 170 shares of the specialty retailer’s stock worth $63,000 after purchasing an additional 33 shares during the period. Cavalier Investments LLC boosted its stake in Winmark by 2.4% in the 3rd quarter. Cavalier Investments LLC now owns 1,514 shares of the specialty retailer’s stock worth $565,000 after purchasing an additional 35 shares during the period. Swiss National Bank boosted its stake in Winmark by 1.6% in the 3rd quarter. Swiss National Bank now owns 6,500 shares of the specialty retailer’s stock worth $2,425,000 after purchasing an additional 100 shares during the period. Finally, Brandywine Global Investment Management LLC boosted its stake in Winmark by 1.7% in the 3rd quarter. Brandywine Global Investment Management LLC now owns 6,100 shares of the specialty retailer’s stock worth $2,276,000 after purchasing an additional 100 shares during the period. Institutional investors own 73.32% of the company’s stock.

Winmark Stock Down 1.6 %

Shares of NASDAQ WINA opened at $360.00 on Friday. Winmark Co. has a 52 week low of $308.92 and a 52 week high of $451.30. The business has a 50-day simple moving average of $361.25 and a two-hundred day simple moving average of $389.87. The company has a market cap of $1.26 billion, a P/E ratio of 32.88 and a beta of 0.85.

Winmark (NASDAQ:WINA) last issued its quarterly earnings results on Wednesday, April 17th. The specialty retailer reported $2.41 earnings per share (EPS) for the quarter. The firm 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 firm also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Wednesday, May 15th will be given a dividend of $0.90 per share. This represents a $3.60 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date is Tuesday, May 14th. This is an increase from Winmark’s previous quarterly dividend of $0.80. Winmark’s dividend payout ratio (DPR) is 29.22%.

Insider Activity

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

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.