Anchor Capital Advisors LLC Acquires 391 Shares of Winmark Co. (NASDAQ:WINA)

Anchor Capital Advisors LLC lifted its stake in Winmark Co. (NASDAQ:WINA) by 14.4% during the 4th quarter, Holdings Channel reports. The firm owned 3,101 shares of the specialty retailer’s stock after acquiring an additional 391 shares during the period. Anchor Capital Advisors LLC’s holdings in Winmark were worth $1,295,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in WINA. Algert Global LLC boosted its holdings in Winmark by 0.7% during the third quarter. Algert Global LLC now owns 3,358 shares of the specialty retailer’s stock worth $1,253,000 after buying an additional 24 shares during the last quarter. Huntington National Bank increased its stake in Winmark by 24.1% in the third quarter. Huntington National Bank now owns 170 shares of the specialty retailer’s stock valued at $63,000 after purchasing an additional 33 shares in the last quarter. Swiss National Bank raised its holdings in Winmark by 1.6% in the third quarter. Swiss National Bank now owns 6,500 shares of the specialty retailer’s stock worth $2,425,000 after purchasing an additional 100 shares during the period. Brandywine Global Investment Management LLC boosted its position in shares of Winmark by 1.7% during the third quarter. Brandywine Global Investment Management LLC now owns 6,100 shares of the specialty retailer’s stock worth $2,276,000 after purchasing an additional 100 shares in the last quarter. Finally, Annex Advisory Services LLC grew its holdings in shares of Winmark by 20.7% in the 3rd quarter. Annex Advisory Services LLC now owns 980 shares of the specialty retailer’s stock valued at $366,000 after buying an additional 168 shares during the period. 73.32% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, CFO Anthony D. Ishaug sold 4,000 shares of Winmark stock in a transaction that occurred on Monday, April 22nd. The stock was sold at an average price of $386.51, for a total value of $1,546,040.00. Following the sale, the chief financial officer now owns 51,783 shares of the company’s stock, valued at approximately $20,014,647.33. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, CFO Anthony D. Ishaug sold 4,000 shares of the stock in a transaction that occurred 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 transaction, the chief financial officer now directly owns 51,783 shares of the company’s stock, valued at $20,014,647.33. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Brett D. Heffes sold 8,290 shares of the firm’s stock in a transaction that occurred on Thursday, April 18th. The shares were sold at an average price of $373.04, for a total value of $3,092,501.60. Following the completion of the transaction, the chief executive officer now owns 110,000 shares of the company’s stock, valued at $41,034,400. The disclosure for this sale can be found here. Corporate insiders own 10.60% of the company’s stock.

Winmark Stock Down 0.2 %

Winmark stock traded down $0.60 during mid-day trading on Tuesday, hitting $359.40. 21,872 shares of the company’s stock were exchanged, compared to its average volume of 35,123. Winmark Co. has a fifty-two week low of $308.92 and a fifty-two week high of $451.30. The firm has a market capitalization of $1.26 billion, a P/E ratio of 32.82 and a beta of 0.85. The company’s 50 day simple moving average is $360.48 and its 200-day simple moving average is $389.32.

Winmark (NASDAQ:WINA) last announced its earnings results on Wednesday, April 17th. The specialty retailer reported $2.41 EPS for the quarter. The firm 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 declared a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Wednesday, May 15th will be paid a $0.90 dividend. This is an increase from Winmark’s previous quarterly dividend of $0.80. The ex-dividend date is Tuesday, May 14th. This represents a $3.60 annualized dividend and a dividend yield of 1.00%. Winmark’s dividend payout ratio (DPR) is currently 29.22%.

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.