Winmark Co. (NASDAQ:WINA) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP trimmed its position in Winmark Co. (NASDAQ:WINA) by 6.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 108,329 shares of the specialty retailer’s stock after selling 8,008 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Winmark were worth $38,200,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of WINA. Vanguard Group Inc. lifted its position in shares of Winmark by 2.3% during the 1st quarter. Vanguard Group Inc. now owns 162,668 shares of the specialty retailer’s stock worth $58,837,000 after buying an additional 3,594 shares during the last quarter. William Blair Investment Management LLC raised its stake in Winmark by 9.0% during the 2nd quarter. William Blair Investment Management LLC now owns 71,426 shares of the specialty retailer’s stock worth $25,187,000 after acquiring an additional 5,892 shares in the last quarter. Bessemer Group Inc. lifted its position in Winmark by 7.9% in the first quarter. Bessemer Group Inc. now owns 48,215 shares of the specialty retailer’s stock valued at $17,439,000 after acquiring an additional 3,512 shares during the last quarter. Mountain Pacific Investment Advisers LLC boosted its stake in Winmark by 12.1% in the second quarter. Mountain Pacific Investment Advisers LLC now owns 31,002 shares of the specialty retailer’s stock valued at $10,932,000 after acquiring an additional 3,335 shares in the last quarter. Finally, Mountain Pacific Investment Advisers Inc. ID grew its holdings in shares of Winmark by 7.7% during the first quarter. Mountain Pacific Investment Advisers Inc. ID now owns 27,667 shares of the specialty retailer’s stock worth $10,007,000 after purchasing an additional 1,982 shares during the last quarter. 73.32% of the stock is currently owned by institutional investors and hedge funds.

Winmark Trading Down 0.5 %

Shares of WINA opened at $382.93 on Tuesday. The company’s 50 day simple moving average is $369.79 and its 200-day simple moving average is $363.27. The firm has a market cap of $1.34 billion, a PE ratio of 34.97 and a beta of 0.80. Winmark Co. has a 12-month low of $330.25 and a 12-month high of $451.30.

Winmark (NASDAQ:WINA) last issued its quarterly earnings data on Wednesday, July 17th. The specialty retailer reported $2.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.77 by $0.08. Winmark had a net margin of 48.57% and a negative return on equity of 85.12%. The company had revenue of $20.12 million for the quarter.

Winmark Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Wednesday, August 14th were given a $0.90 dividend. This represents a $3.60 annualized dividend and a yield of 0.94%. The ex-dividend date was Wednesday, August 14th. Winmark’s dividend payout ratio (DPR) is presently 32.88%.

Wall Street Analyst Weigh In

Separately, Maxim Group initiated coverage on Winmark in a report on Thursday, June 13th. They issued a “buy” rating and a $445.00 target price for the company.

Insider Buying and Selling at Winmark

In other Winmark news, Director Lawrence A. Barbetta sold 2,412 shares of Winmark stock in a transaction that occurred on Wednesday, July 31st. The stock was sold at an average price of $395.30, for a total value of $953,463.60. Following the transaction, the director now directly owns 4,522 shares in the company, valued at approximately $1,787,546.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director Lawrence A. Barbetta sold 124 shares of the stock in a transaction dated Monday, July 29th. The shares were sold at an average price of $403.34, for a total transaction of $50,014.16. Following the completion of the transaction, the director now directly owns 6,934 shares of the company’s stock, valued at $2,796,759.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Lawrence A. Barbetta sold 2,412 shares of Winmark stock in a transaction that occurred on Wednesday, July 31st. The shares were sold at an average price of $395.30, for a total value of $953,463.60. Following the completion of the sale, the director now directly owns 4,522 shares in the company, valued at approximately $1,787,546.60. The disclosure for this sale can be found here. Insiders sold a total of 3,119 shares of company stock valued at $1,239,645 in the last ninety days. Insiders own 10.60% of the company’s stock.

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.