Winmark Co. (NASDAQ:WINA) Stake Reduced by Gladius Capital Management LP

Gladius Capital Management LP lowered its holdings in Winmark Co. (NASDAQ:WINA) by 30.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 69 shares of the specialty retailer’s stock after selling 30 shares during the period. Gladius Capital Management LP’s holdings in Winmark were worth $29,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in WINA. AJOVista LLC bought a new stake in shares of Winmark in the 4th quarter valued at about $43,000. Huntington National Bank boosted its holdings in shares of Winmark by 24.1% during the 3rd quarter. Huntington National Bank now owns 170 shares of the specialty retailer’s stock worth $63,000 after buying an additional 33 shares during the period. SG Americas Securities LLC acquired a new position in shares of Winmark in the fourth quarter valued at approximately $141,000. Principal Financial Group Inc. bought a new position in Winmark during the 3rd quarter worth $263,000. Finally, Gallacher Capital Management LLC acquired a new stake in Winmark in the 4th quarter worth about $337,000. 73.32% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Winmark news, CEO Brett D. Heffes sold 8,290 shares of the company’s stock in a transaction on 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 transaction, the chief executive officer now owns 110,000 shares in the company, valued at $41,034,400. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In related news, CEO Brett D. Heffes sold 8,290 shares of Winmark stock in a transaction that occurred 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 sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Anthony D. Ishaug sold 4,000 shares of Winmark stock in a transaction on Monday, April 22nd. The stock was sold at an average price of $386.51, for a total transaction of $1,546,040.00. Following the transaction, the chief financial officer now directly owns 51,783 shares in the company, valued at $20,014,647.33. The disclosure for this sale can be found here. Corporate insiders own 10.60% of the company’s stock.

Winmark Trading Up 3.2 %

NASDAQ WINA traded up $11.66 during midday trading on Thursday, hitting $376.68. The company had a trading volume of 20,633 shares, compared to its average volume of 27,040. The company has a market capitalization of $1.32 billion, a PE ratio of 34.40 and a beta of 0.85. The firm has a 50-day moving average price of $356.06 and a 200-day moving average price of $387.00. Winmark Co. has a twelve month low of $314.09 and a twelve month high of $451.30.

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

Winmark Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Wednesday, May 15th will be paid a $0.90 dividend. The ex-dividend date is Tuesday, May 14th. This is an increase from Winmark’s previous quarterly dividend of $0.80. This represents a $3.60 annualized dividend and a dividend yield of 0.96%. Winmark’s dividend payout ratio (DPR) is currently 32.88%.

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.