Winmark Corporation $WINA Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC lifted its position in shares of Winmark Corporation (NASDAQ:WINA) by 283.1% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 1,222 shares of the specialty retailer’s stock after buying an additional 903 shares during the period. SG Americas Securities LLC’s holdings in Winmark were worth $461,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of WINA. Select Equity Group L.P. lifted its stake in shares of Winmark by 766.0% during the 1st quarter. Select Equity Group L.P. now owns 23,450 shares of the specialty retailer’s stock worth $7,454,000 after purchasing an additional 20,742 shares during the period. Jacobs Levy Equity Management Inc. acquired a new position in Winmark in the first quarter valued at $3,735,000. Vancity Investment Management Ltd purchased a new position in Winmark during the first quarter worth about $3,464,000. Copeland Capital Management LLC lifted its position in Winmark by 16.3% during the second quarter. Copeland Capital Management LLC now owns 73,501 shares of the specialty retailer’s stock worth $27,755,000 after buying an additional 10,292 shares during the period. Finally, LGT Fund Management Co Ltd. acquired a new stake in Winmark in the 2nd quarter worth about $3,572,000. 73.32% of the stock is owned by hedge funds and other institutional investors.

Winmark Trading Down 0.1%

Shares of Winmark stock opened at $420.64 on Friday. The business’s fifty day moving average price is $442.68 and its 200 day moving average price is $427.28. Winmark Corporation has a twelve month low of $295.79 and a twelve month high of $527.37. The stock has a market capitalization of $1.50 billion, a P/E ratio of 37.49 and a beta of 0.69.

Winmark (NASDAQ:WINA) last announced its quarterly earnings results on Wednesday, October 15th. The specialty retailer reported $3.02 EPS for the quarter, missing the consensus estimate of $3.22 by ($0.20). The firm had revenue of $22.63 million for the quarter, compared to analyst estimates of $20.19 million. Winmark had a negative return on equity of 103.08% and a net margin of 48.84%.

Winmark Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Wednesday, November 12th will be issued a $0.96 dividend. The ex-dividend date is Wednesday, November 12th. This represents a $3.84 annualized dividend and a yield of 0.9%. Winmark’s dividend payout ratio (DPR) is presently 34.22%.

Insider Buying and Selling

In related news, COO Renae M. Gaudette sold 1,200 shares of Winmark stock in a transaction on Friday, October 24th. The shares were sold at an average price of $417.11, for a total transaction of $500,532.00. Following the transaction, the chief operating officer owned 18,860 shares in the company, valued at approximately $7,866,694.60. The trade was a 5.98% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Lawrence A. Barbetta sold 852 shares of the company’s stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $505.02, for a total transaction of $430,277.04. Following the sale, the director directly owned 649 shares of the company’s stock, valued at approximately $327,757.98. This trade represents a 56.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 10.10% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of Winmark from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, October 24th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy”.

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.