Stifel Financial Corp Has $1.52 Million Position in Winmark Co. (NASDAQ:WINA)

Stifel Financial Corp boosted its stake in shares of Winmark Co. (NASDAQ:WINA) by 13.7% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,961 shares of the specialty retailer’s stock after purchasing an additional 477 shares during the quarter. Stifel Financial Corp owned about 0.11% of Winmark worth $1,517,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in WINA. AltraVue Capital LLC boosted its holdings in shares of Winmark by 95.2% during the 2nd quarter. AltraVue Capital LLC now owns 145,914 shares of the specialty retailer’s stock worth $51,454,000 after buying an additional 71,145 shares during the period. Rockefeller Capital Management L.P. bought a new stake in Winmark during the third quarter valued at about $9,168,000. CWA Asset Management Group LLC bought a new stake in Winmark during the third quarter valued at about $5,102,000. William Blair Investment Management LLC grew its position in shares of Winmark by 9.0% in the second quarter. William Blair Investment Management LLC now owns 71,426 shares of the specialty retailer’s stock valued at $25,187,000 after purchasing an additional 5,892 shares during the last quarter. Finally, Liontrust Investment Partners LLP increased its stake in shares of Winmark by 35.4% in the second quarter. Liontrust Investment Partners LLP now owns 11,043 shares of the specialty retailer’s stock worth $3,894,000 after purchasing an additional 2,888 shares during the period. Institutional investors and hedge funds own 73.32% of the company’s stock.

Insider Transactions at Winmark

In other Winmark news, CFO Anthony D. Ishaug sold 2,400 shares of Winmark stock in a transaction on Friday, October 18th. The shares were sold at an average price of $382.59, for a total transaction of $918,216.00. Following the sale, the chief financial officer now owns 53,875 shares in the company, valued at $20,612,036.25. The trade was a 4.26 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Ronald G. Olson sold 2,741 shares of the stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $407.70, for a total transaction of $1,117,505.70. Following the completion of the transaction, the insider now owns 149,994 shares of the company’s stock, valued at approximately $61,152,553.80. This represents a 1.79 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 10,300 shares of company stock worth $4,158,071. 10.60% of the stock is currently owned by company insiders.

Winmark Stock Performance

NASDAQ WINA opened at $398.65 on Friday. The stock has a market capitalization of $1.40 billion, a PE ratio of 36.47 and a beta of 0.83. The stock has a 50-day simple moving average of $397.75 and a 200 day simple moving average of $377.45. Winmark Co. has a twelve month low of $330.25 and a twelve month high of $431.67.

Winmark (NASDAQ:WINA) last posted its quarterly earnings data on Wednesday, October 16th. The specialty retailer reported $3.03 earnings per share for the quarter, missing the consensus estimate of $3.16 by ($0.13). The business had revenue of $21.51 million during the quarter. Winmark had a net margin of 49.02% and a negative return on equity of 85.43%.

Winmark Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Wednesday, November 13th were given a $8.40 dividend. This represents a $33.60 annualized dividend and a yield of 8.43%. This is a positive change from Winmark’s previous quarterly dividend of $0.90. The ex-dividend date of this dividend was Wednesday, November 13th. Winmark’s dividend payout ratio (DPR) is currently 32.94%.

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.