Old Mutual Global Investors UK Ltd. bought a new stake in Winmark Corporation (NASDAQ:WINA) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 866 shares of the specialty retailer’s stock, valued at approximately $114,000.

Other hedge funds also recently bought and sold shares of the company. WFG Advisors LP lifted its stake in Winmark Corporation by 31.5% in the 2nd quarter. WFG Advisors LP now owns 1,253 shares of the specialty retailer’s stock valued at $162,000 after buying an additional 300 shares in the last quarter. Eqis Capital Management Inc. purchased a new stake in Winmark Corporation in the 3rd quarter valued at approximately $212,000. The Manufacturers Life Insurance Company lifted its stake in Winmark Corporation by 5.5% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,992 shares of the specialty retailer’s stock valued at $257,000 after buying an additional 104 shares in the last quarter. Seizert Capital Partners LLC lifted its stake in Winmark Corporation by 5.1% in the 2nd quarter. Seizert Capital Partners LLC now owns 2,077 shares of the specialty retailer’s stock valued at $268,000 after buying an additional 101 shares in the last quarter. Finally, Stanley Laman Group Ltd. raised its holdings in Winmark Corporation by 9.7% in the 2nd quarter. Stanley Laman Group Ltd. now owns 4,201 shares of the specialty retailer’s stock valued at $542,000 after acquiring an additional 373 shares during the last quarter. 48.05% of the stock is currently owned by hedge funds and other institutional investors.

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In other Winmark Corporation news, Director Jenele C. Grassle sold 3,000 shares of the business’s stock in a transaction on Wednesday, August 23rd. The stock was sold at an average price of $129.18, for a total value of $387,540.00. Following the completion of the transaction, the director now directly owns 8,500 shares in the company, valued at approximately $1,098,030. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Jenele C. Grassle sold 625 shares of the business’s stock in a transaction on Monday, August 21st. The shares were sold at an average price of $130.08, for a total value of $81,300.00. Following the completion of the transaction, the director now owns 8,500 shares of the company’s stock, valued at $1,105,680. The disclosure for this sale can be found here. Insiders sold a total of 38,915 shares of company stock valued at $5,128,079 over the last quarter. 37.50% of the stock is currently owned by insiders.

Winmark Corporation (NASDAQ:WINA) opened at $124.55 on Friday. The company has a quick ratio of 2.34, a current ratio of 2.35 and a debt-to-equity ratio of -1.82. The firm has a market capitalization of $475.97, a price-to-earnings ratio of 23.72 and a beta of 0.49. Winmark Corporation has a twelve month low of $103.00 and a twelve month high of $139.05.

Winmark Corporation (NASDAQ:WINA) last issued its quarterly earnings results on Tuesday, October 17th. The specialty retailer reported $1.33 earnings per share for the quarter. The company had revenue of $17.57 million during the quarter. Winmark Corporation had a negative return on equity of 205.65% and a net margin of 33.29%.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 1st. Shareholders of record on Wednesday, November 8th will be issued a $0.11 dividend. The ex-dividend date of this dividend is Tuesday, November 7th. This represents a $0.44 annualized dividend and a yield of 0.35%. Winmark Corporation’s dividend payout ratio (DPR) is presently 8.38%.

Several brokerages have weighed in on WINA. ValuEngine downgraded Winmark Corporation from a “buy” rating to a “hold” rating in a report on Friday, September 1st. BidaskClub downgraded Winmark Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, July 25th.

About Winmark Corporation

Winmark Corporation is a franchisor of five retail store concepts that buy, sell and trade gently used merchandise. The Company operates through two business segments: franchising and leasing. The franchising segment franchises value-oriented retail store concepts that buy, sell, trade and consign merchandise.

Institutional Ownership by Quarter for Winmark Corporation (NASDAQ:WINA)

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