Nisa Investment Advisors LLC Boosts Holdings in Winmark Co. (NASDAQ:WINA)

Nisa Investment Advisors LLC lifted its position in shares of Winmark Co. (NASDAQ:WINAFree Report) by 1,087.1% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 736 shares of the specialty retailer’s stock after purchasing an additional 674 shares during the period. Nisa Investment Advisors LLC’s holdings in Winmark were worth $289,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its position in Winmark by 30.4% in the second quarter. Envestnet Asset Management Inc. now owns 11,373 shares of the specialty retailer’s stock valued at $4,011,000 after purchasing an additional 2,653 shares during the period. Sei Investments Co. acquired a new position in Winmark during the 2nd quarter worth $506,000. Marshall Wace LLP bought a new stake in Winmark in the second quarter valued at about $760,000. The Manufacturers Life Insurance Company increased its holdings in shares of Winmark by 9.8% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,552 shares of the specialty retailer’s stock valued at $547,000 after acquiring an additional 138 shares during the last quarter. Finally, Creative Planning lifted its position in shares of Winmark by 4.7% in the 2nd quarter. Creative Planning now owns 3,351 shares of the specialty retailer’s stock worth $1,182,000 after buying an additional 149 shares during the last quarter. 73.32% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, major shareholder Ronald G. Olson sold 3,659 shares of Winmark stock in a transaction on Monday, November 25th. The stock was sold at an average price of $424.21, for a total transaction of $1,552,184.39. Following the transaction, the insider now directly owns 146,335 shares in the company, valued at approximately $62,076,770.35. This trade represents a 2.44 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 10.60% of the company’s stock.

Winmark Trading Up 0.8 %

NASDAQ:WINA opened at $389.00 on Thursday. Winmark Co. has a 52 week low of $330.25 and a 52 week high of $431.67. The firm has a market capitalization of $1.37 billion, a PE ratio of 35.59 and a beta of 0.83. The stock has a 50 day moving average of $398.84 and a 200-day moving average of $384.85.

Winmark Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Wednesday, February 12th will be paid a dividend of $0.90 per share. This represents a $3.60 dividend on an annualized basis and a yield of 0.93%. Winmark’s payout ratio is 32.94%.

Winmark Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding WINA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Winmark Co. (NASDAQ:WINAFree Report).

Institutional Ownership by Quarter for Winmark (NASDAQ:WINA)

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