Winmark Co. (NASDAQ:WINA) Holdings Increased by AltraVue Capital LLC

AltraVue Capital LLC raised its holdings in shares of Winmark Co. (NASDAQ:WINA) by 95.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 145,914 shares of the specialty retailer’s stock after purchasing an additional 71,145 shares during the period. Winmark makes up about 5.1% of AltraVue Capital LLC’s investment portfolio, making the stock its 6th largest holding. AltraVue Capital LLC owned 4.17% of Winmark worth $51,454,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Ables Iannone Moore & Associates Inc. purchased a new position in shares of Winmark in the 4th quarter worth $29,000. Unique Wealth Strategies LLC purchased a new position in shares of Winmark in the 2nd quarter worth $36,000. CWM LLC boosted its stake in shares of Winmark by 197.1% in the 2nd quarter. CWM LLC now owns 101 shares of the specialty retailer’s stock worth $36,000 after buying an additional 67 shares during the last quarter. Comerica Bank boosted its stake in shares of Winmark by 673.1% in the 1st quarter. Comerica Bank now owns 201 shares of the specialty retailer’s stock worth $73,000 after buying an additional 175 shares during the last quarter. Finally, Gladius Capital Management LP boosted its stake in shares of Winmark by 116.8% in the 2nd quarter. Gladius Capital Management LP now owns 206 shares of the specialty retailer’s stock worth $73,000 after buying an additional 111 shares during the last quarter. 73.32% of the stock is currently owned by hedge funds and other institutional investors.

Winmark Stock Performance

Shares of Winmark stock opened at $373.03 on Thursday. Winmark Co. has a one year low of $330.25 and a one year high of $451.30. The stock’s fifty day moving average is $372.94 and its 200 day moving average is $361.55. The stock has a market cap of $1.30 billion, a P/E ratio of 34.07 and a beta of 0.80.

Winmark (NASDAQ:WINA) last announced its earnings results on Wednesday, July 17th. The specialty retailer reported $2.85 EPS for the quarter, topping analysts’ consensus estimates of $2.77 by $0.08. Winmark had a negative return on equity of 85.12% and a net margin of 48.57%. The company had revenue of $20.12 million for the quarter.

Winmark Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Wednesday, August 14th were issued a dividend of $0.90 per share. The ex-dividend date was Wednesday, August 14th. This represents a $3.60 dividend on an annualized basis and a yield of 0.97%. Winmark’s dividend payout ratio is presently 32.88%.

Wall Street Analysts Forecast Growth

Separately, Maxim Group started coverage on Winmark in a research note on Thursday, June 13th. They issued a “buy” rating and a $445.00 price target on the stock.

Insider Buying and Selling at Winmark

In other Winmark news, Director Lawrence A. Barbetta sold 124 shares of the firm’s stock in a transaction dated Monday, July 29th. The stock was sold at an average price of $403.34, for a total transaction of $50,014.16. Following the sale, the director now directly owns 6,934 shares of the company’s stock, valued at $2,796,759.56. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other Winmark news, Director Lawrence A. Barbetta sold 124 shares of the firm’s stock in a transaction dated Monday, July 29th. The stock was sold at an average price of $403.34, for a total transaction of $50,014.16. Following the sale, the director now directly owns 6,934 shares of the company’s stock, valued at $2,796,759.56. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Lawrence A. Barbetta sold 583 shares of the firm’s stock in a transaction dated Friday, July 26th. The shares were sold at an average price of $405.09, for a total value of $236,167.47. Following the sale, the director now directly owns 7,058 shares in the company, valued at $2,859,125.22. The disclosure for this sale can be found here. Insiders have sold a total of 3,119 shares of company stock valued at $1,239,645 over the last ninety days. 10.60% of the stock is currently owned by company insiders.

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.