Barclays PLC Buys 3,284 Shares of Winmark Co. (NASDAQ:WINA)

Barclays PLC boosted its stake in shares of Winmark Co. (NASDAQ:WINA) by 117.7% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 6,073 shares of the specialty retailer’s stock after purchasing an additional 3,284 shares during the period. Barclays PLC owned 0.17% of Winmark worth $2,325,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the stock. AltraVue Capital LLC boosted its holdings in shares of Winmark by 95.2% in the 2nd quarter. AltraVue Capital LLC now owns 145,914 shares of the specialty retailer’s stock valued at $51,454,000 after buying an additional 71,145 shares during the last quarter. State Street Corp lifted its stake in Winmark by 1.9% in the third quarter. State Street Corp now owns 81,185 shares of the specialty retailer’s stock valued at $31,088,000 after acquiring an additional 1,535 shares during the last quarter. William Blair Investment Management LLC grew its position in shares of Winmark by 9.0% in the 2nd quarter. William Blair Investment Management LLC now owns 71,426 shares of the specialty retailer’s stock valued at $25,187,000 after acquiring an additional 5,892 shares during the period. Copeland Capital Management LLC increased its stake in shares of Winmark by 0.3% during the 3rd quarter. Copeland Capital Management LLC now owns 63,630 shares of the specialty retailer’s stock worth $24,366,000 after purchasing an additional 162 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of Winmark by 2.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 24,067 shares of the specialty retailer’s stock valued at $9,216,000 after purchasing an additional 555 shares during the period. 73.32% of the stock is currently owned by institutional investors.

Winmark Stock Performance

Shares of NASDAQ:WINA opened at $405.00 on Thursday. The company has a 50-day simple moving average of $399.74 and a 200 day simple moving average of $378.99. The company has a market capitalization of $1.43 billion, a P/E ratio of 37.05 and a beta of 0.83. Winmark Co. has a 52-week low of $330.25 and a 52-week high of $431.67.

Winmark (NASDAQ:WINA) last issued its earnings results on Wednesday, October 16th. The specialty retailer reported $3.03 EPS for the quarter, missing the consensus estimate 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 8.30%. Winmark’s dividend payout ratio is presently 32.94%.

Insider Transactions at Winmark

In other Winmark news, major shareholder Ronald G. Olson sold 3,659 shares of the firm’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 transaction of $1,552,184.39. Following the completion of the sale, the insider now directly owns 146,335 shares in the company, valued at $62,076,770.35. This trade represents a 2.44 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, COO Renae M. Gaudette sold 1,500 shares of the company’s stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $380.11, for a total value of $570,165.00. Following the completion of the transaction, the chief operating officer now directly owns 15,060 shares in the company, valued at $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 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.