Winmark Co. (NASDAQ:WINA) Shares Sold by New York State Common Retirement Fund

New York State Common Retirement Fund lowered its position in Winmark Co. (NASDAQ:WINA) by 1.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 15,276 shares of the specialty retailer’s stock after selling 162 shares during the period. New York State Common Retirement Fund owned about 0.44% of Winmark worth $6,378,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. Grantham Mayo Van Otterloo & Co. LLC boosted its position in Winmark by 20.2% during the third quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 8,734 shares of the specialty retailer’s stock worth $3,259,000 after purchasing an additional 1,467 shares in the last quarter. Liontrust Investment Partners LLP acquired a new stake in Winmark in the 3rd quarter valued at $981,000. Charles Schwab Investment Management Inc. increased its holdings in Winmark by 5.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 22,107 shares of the specialty retailer’s stock worth $8,249,000 after acquiring an additional 1,062 shares in the last quarter. Public Employees Retirement System of Ohio raised its position in Winmark by 71.3% during the third quarter. Public Employees Retirement System of Ohio now owns 6,898 shares of the specialty retailer’s stock worth $2,574,000 after acquiring an additional 2,870 shares during the period. Finally, SG Americas Securities LLC purchased a new position in Winmark during the fourth quarter valued at $141,000. 73.32% of the stock is owned by hedge funds and other institutional investors.

Winmark Stock Up 1.0 %

WINA stock opened at $364.30 on Friday. Winmark Co. has a 52 week low of $308.92 and a 52 week high of $451.30. The firm has a 50-day simple moving average of $357.11 and a 200-day simple moving average of $388.18. The stock has a market capitalization of $1.27 billion, a P/E ratio of 33.27 and a beta of 0.85.

Winmark (NASDAQ:WINA) last posted its quarterly earnings data on Wednesday, April 17th. The specialty retailer reported $2.41 EPS for the quarter. Winmark had a negative return on equity of 84.36% and a net margin of 48.36%. The company had revenue of $20.11 million during the quarter.

Winmark Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Wednesday, May 15th will be issued a dividend of $0.90 per share. This is a positive change from Winmark’s previous quarterly dividend of $0.80. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $3.60 dividend on an annualized basis and a dividend yield of 0.99%. Winmark’s dividend payout ratio is presently 32.88%.

Insider Activity

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