Winmark Co. (NASDAQ:WINA) Shares Purchased by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC lifted its stake in shares of Winmark Co. (NASDAQ:WINA) by 111.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 835 shares of the specialty retailer’s stock after purchasing an additional 441 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Winmark were worth $349,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Algert Global LLC raised its position in shares of Winmark by 0.7% during the 3rd quarter. Algert Global LLC now owns 3,358 shares of the specialty retailer’s stock worth $1,253,000 after purchasing an additional 24 shares during the period. Huntington National Bank raised its position 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 purchasing an additional 33 shares during the period. Cavalier Investments LLC raised its position in shares of Winmark by 2.4% during the 3rd quarter. Cavalier Investments LLC now owns 1,514 shares of the specialty retailer’s stock worth $565,000 after purchasing an additional 35 shares during the period. Swiss National Bank increased its position in Winmark by 1.6% in the 3rd quarter. Swiss National Bank now owns 6,500 shares of the specialty retailer’s stock valued at $2,425,000 after acquiring an additional 100 shares during the period. Finally, Brandywine Global Investment Management LLC increased its position in Winmark by 1.7% in the 3rd quarter. Brandywine Global Investment Management LLC now owns 6,100 shares of the specialty retailer’s stock valued at $2,276,000 after acquiring an additional 100 shares during the period. 73.32% of the stock is currently owned by institutional investors and hedge funds.

Winmark Price Performance

WINA opened at $360.00 on Friday. Winmark Co. has a 12 month low of $308.92 and a 12 month high of $451.30. The stock has a market cap of $1.26 billion, a P/E ratio of 32.88 and a beta of 0.85. The stock’s 50 day moving average price is $361.25 and its 200 day moving average price is $389.87.

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

Winmark Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Wednesday, May 15th will be paid a dividend of $0.90 per share. This is a positive change from Winmark’s previous quarterly dividend of $0.80. This represents a $3.60 dividend on an annualized basis and a yield of 1.00%. The ex-dividend date of this dividend is Tuesday, May 14th. Winmark’s dividend payout ratio (DPR) is presently 29.22%.

Insider Buying and Selling at Winmark

In other Winmark news, CEO Brett D. Heffes sold 8,290 shares of the stock in a transaction 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 completion of the transaction, the chief executive officer now directly owns 110,000 shares of the company’s stock, valued at approximately $41,034,400. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other news, CFO Anthony D. Ishaug sold 4,000 shares of the firm’s 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 completion of the sale, the chief financial officer now directly owns 51,783 shares of the company’s stock, valued at approximately $20,014,647.33. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Brett D. Heffes sold 8,290 shares of the firm’s stock in a transaction on Thursday, April 18th. The stock was sold at an average price of $373.04, for a total value of $3,092,501.60. Following the sale, the chief executive officer now directly owns 110,000 shares of the company’s stock, valued at $41,034,400. The disclosure for this sale can be found here. 10.60% of the stock is currently owned by corporate 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.