Fiera Capital Corp reduced its position in shares of Winmark Co. (NASDAQ:WINA - Free Report) by 29.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,881 shares of the specialty retailer's stock after selling 3,690 shares during the period. Fiera Capital Corp owned approximately 0.25% of Winmark worth $3,401,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC grew its holdings in shares of Winmark by 0.3% during the 2nd quarter. Commonwealth Equity Services LLC now owns 14,186 shares of the specialty retailer's stock valued at $5,003,000 after purchasing an additional 41 shares during the last quarter. CWM LLC boosted its position in Winmark by 197.1% in the second quarter. CWM LLC now owns 101 shares of the specialty retailer's stock valued at $36,000 after buying an additional 67 shares in the last quarter. Cavalier Investments LLC grew its stake in shares of Winmark by 4.2% during the third quarter. Cavalier Investments LLC now owns 1,694 shares of the specialty retailer's stock worth $649,000 after buying an additional 69 shares during the last quarter. Unique Wealth Strategies LLC acquired a new position in shares of Winmark during the second quarter worth $36,000. Finally, Swiss National Bank lifted its stake in shares of Winmark by 1.7% in the 1st quarter. Swiss National Bank now owns 5,900 shares of the specialty retailer's stock valued at $2,134,000 after acquiring an additional 100 shares during the last quarter. 73.32% of the stock is currently owned by institutional investors.
NASDAQ WINA opened at $410.46 on Friday. The company has a market cap of $1.44 billion, a price-to-earnings ratio of 37.55 and a beta of 0.80. Winmark Co. has a twelve month low of $330.25 and a twelve month high of $451.30. The business's fifty day moving average is $372.81 and its 200 day moving average is $368.07.
Winmark (NASDAQ:WINA - Get Free Report) last announced its quarterly earnings results on Wednesday, October 16th. The specialty retailer reported $3.03 EPS for the quarter, missing analysts' consensus estimates of $3.16 by ($0.13). Winmark had a net margin of 49.02% and a negative return on equity of 85.43%. The firm had revenue of $21.51 million for the quarter.
The firm also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Wednesday, November 13th will be given a $8.40 dividend. This is a boost from Winmark's previous quarterly dividend of $0.90. This represents a $33.60 annualized dividend and a yield of 8.19%. The ex-dividend date is Wednesday, November 13th. Winmark's dividend payout ratio is 32.94%.
In related news, COO Renae M. Gaudette sold 1,500 shares of the business's stock in a transaction on Friday, October 25th. The shares were sold at an average price of $380.11, for a total value of $570,165.00. Following the sale, the chief operating officer now owns 15,060 shares of the company's stock, valued at $5,724,456.60. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, COO Renae M. Gaudette sold 1,500 shares of the company's stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $380.11, for a total value of $570,165.00. Following the sale, the chief operating officer now directly owns 15,060 shares in the company, valued at $5,724,456.60. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Anthony D. Ishaug sold 2,400 shares of the firm's stock in a transaction that occurred on Friday, October 18th. The stock was sold at an average price of $382.59, for a total transaction of $918,216.00. Following the transaction, the chief financial officer now owns 53,875 shares of the company's stock, valued at approximately $20,612,036.25. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders own 10.60% of the company's stock.
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.
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