Winmark Co. (NASDAQ:WINA) Shares Acquired by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC increased its position in shares of Winmark Co. (NASDAQ:WINA) by 1,087.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 736 shares of the specialty retailer’s stock after acquiring an additional 674 shares during the period. Nisa Investment Advisors LLC’s holdings in Winmark were worth $289,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Barclays PLC increased its holdings in Winmark by 117.7% in the third quarter. Barclays PLC now owns 6,073 shares of the specialty retailer’s stock valued at $2,325,000 after buying an additional 3,284 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Winmark by 2.1% during the third quarter. Geode Capital Management LLC now owns 71,185 shares of the specialty retailer’s stock worth $27,264,000 after buying an additional 1,445 shares during the period. JPMorgan Chase & Co. grew its stake in shares of 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 purchasing an additional 2,333 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in Winmark by 30.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 11,373 shares of the specialty retailer’s stock valued at $4,011,000 after buying an additional 2,653 shares during the period. Finally, State Street Corp increased its stake in shares of Winmark by 1.9% during the third quarter. State Street Corp now owns 81,185 shares of the specialty retailer’s stock worth $31,088,000 after acquiring an additional 1,535 shares during the period. Hedge funds and other institutional investors own 73.32% of the company’s stock.

Winmark Price Performance

WINA opened at $389.00 on Thursday. Winmark Co. has a 12 month low of $330.25 and a 12 month high of $431.67. The business has a 50 day simple moving average of $398.84 and a 200-day simple moving average of $384.85. The stock has a market capitalization of $1.37 billion, a P/E ratio of 35.59 and a beta of 0.83.

Winmark Cuts Dividend

The company 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 0.93%. Winmark’s dividend payout ratio (DPR) is 32.94%.

Insiders Place Their Bets

In related news, major shareholder Ronald G. Olson sold 3,659 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $424.21, for a total transaction of $1,552,184.39. Following the sale, the insider now owns 146,335 shares of the company’s stock, valued at $62,076,770.35. This trade represents a 2.44 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 10.60% of the stock is owned by company insiders.

Winmark 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.