Exchange Traded Concepts LLC Makes New $304,000 Investment in Winmark Co. (NASDAQ:WINA)

Exchange Traded Concepts LLC acquired a new stake in Winmark Co. (NASDAQ:WINA) in the 3rd quarter, HoldingsChannel reports. The fund acquired 795 shares of the specialty retailer’s stock, valued at approximately $304,000.

A number of other large investors have also recently added to or reduced their stakes in WINA. Congress Asset Management Co. MA bought a new stake in shares of Winmark during the first quarter worth approximately $2,085,000. AltraVue Capital LLC increased its stake in Winmark by 95.2% in the second quarter. AltraVue Capital LLC now owns 145,914 shares of the specialty retailer’s stock valued at $51,454,000 after acquiring an additional 71,145 shares during the last quarter. Victory Capital Management Inc. raised its holdings in shares of Winmark by 55.8% during the 2nd quarter. Victory Capital Management Inc. now owns 3,726 shares of the specialty retailer’s stock worth $1,314,000 after buying an additional 1,334 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in Winmark by 30.4% during the second quarter. Envestnet Asset Management Inc. now owns 11,373 shares of the specialty retailer’s stock worth $4,011,000 after acquiring an additional 2,653 shares in the last quarter. Finally, Liontrust Investment Partners LLP increased its position in Winmark by 35.4% during the 2nd quarter. Liontrust Investment Partners LLP now owns 11,043 shares of the specialty retailer’s stock worth $3,894,000 after purchasing an additional 2,888 shares in the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

Winmark Stock Up 1.0 %

NASDAQ WINA opened at $385.77 on Monday. The company has a market cap of $1.35 billion, a price-to-earnings ratio of 35.23 and a beta of 0.79. 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 $366.88 and its 200 day moving average is $364.74.

Winmark (NASDAQ:WINA) last announced its earnings results on Wednesday, October 16th. The specialty retailer reported $3.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.16 by ($0.13). The company had revenue of $21.51 million for the quarter. Winmark had a negative return on equity of 85.12% and a net margin of 48.57%.

Winmark Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Wednesday, November 13th will be given a $8.40 dividend. The ex-dividend date is Wednesday, November 13th. This is a positive change from Winmark’s previous quarterly dividend of $0.90. This represents a $33.60 annualized dividend and a dividend yield of 8.71%. Winmark’s dividend payout ratio (DPR) is 32.88%.

Insider Buying and Selling at Winmark

In related news, Director Lawrence A. Barbetta sold 583 shares of the company’s stock in a transaction that occurred on Friday, July 26th. The stock was sold at an average price of $405.09, for a total transaction of $236,167.47. Following the transaction, the director now directly owns 7,058 shares of the company’s stock, valued at approximately $2,859,125.22. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, Director Lawrence A. Barbetta sold 583 shares of the business’s stock in a transaction that occurred on Friday, July 26th. The stock was sold at an average price of $405.09, for a total value of $236,167.47. Following the transaction, the director now owns 7,058 shares in the company, valued at $2,859,125.22. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Lawrence A. Barbetta sold 124 shares of the stock in a transaction that occurred on Monday, July 29th. The shares were sold at an average price of $403.34, for a total transaction of $50,014.16. Following the transaction, the director now directly owns 6,934 shares of the company’s stock, valued at $2,796,759.56. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 5,519 shares of company stock valued at $2,157,861. 10.60% of the stock is currently owned by company insiders.

About Winmark

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.