Schwarz Dygos Wheeler Investment Advisors LLC Sells 637 Shares of Winmark Co. (NASDAQ:WINA)

Schwarz Dygos Wheeler Investment Advisors LLC decreased its position in Winmark Co. (NASDAQ:WINA) by 19.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,688 shares of the specialty retailer’s stock after selling 637 shares during the period. Schwarz Dygos Wheeler Investment Advisors LLC owned approximately 0.08% of Winmark worth $1,122,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. CWA Asset Management Group LLC bought a new position in shares of Winmark during the third quarter valued at $3,031,000. Kestra Advisory Services LLC boosted its holdings in shares of Winmark by 527.2% during the 3rd quarter. Kestra Advisory Services LLC now owns 6,128 shares of the specialty retailer’s stock valued at $2,287,000 after acquiring an additional 5,151 shares during the last quarter. Mountain Pacific Investment Advisers Inc. ID grew its stake in shares of Winmark by 23.0% in the fourth quarter. Mountain Pacific Investment Advisers Inc. ID now owns 25,685 shares of the specialty retailer’s stock worth $10,725,000 after acquiring an additional 4,807 shares during the period. Triasima Portfolio Management inc. raised its holdings in shares of Winmark by 69.8% during the fourth quarter. Triasima Portfolio Management inc. now owns 8,963 shares of the specialty retailer’s stock valued at $3,742,000 after purchasing an additional 3,683 shares during the last quarter. Finally, GSA Capital Partners LLP bought a new position in Winmark during the third quarter valued at approximately $1,112,000. 73.32% of the stock is currently owned by institutional investors.

Winmark Trading Down 1.6 %

WINA stock traded down $5.67 on Friday, hitting $360.00. The company had a trading volume of 13,671 shares, compared to its average volume of 34,440. The stock has a market cap of $1.26 billion, a price-to-earnings ratio of 32.88 and a beta of 0.85. The stock’s 50-day simple moving average is $361.25 and its 200 day simple moving average is $389.87. Winmark Co. has a 12-month low of $308.92 and a 12-month high of $451.30.

Winmark (NASDAQ:WINA) last posted its quarterly earnings data on Wednesday, April 17th. The specialty retailer reported $2.41 EPS for the quarter. The company had revenue of $20.11 million during the quarter. Winmark had a negative return on equity of 84.36% and a net margin of 48.36%.

Winmark Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 15th will be given a dividend of $0.90 per share. This represents a $3.60 annualized dividend and a yield of 1.00%. This is a positive change from Winmark’s previous quarterly dividend of $0.80. The ex-dividend date is Tuesday, May 14th. Winmark’s payout ratio is 29.22%.

Insider Transactions at Winmark

In related news, CEO Brett D. Heffes sold 8,290 shares of the stock in a transaction that occurred on Thursday, April 18th. The shares were sold at an average price of $373.04, for a total value of $3,092,501.60. Following the completion of the sale, the chief executive officer now directly owns 110,000 shares of the company’s stock, valued at approximately $41,034,400. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, CFO Anthony D. Ishaug sold 4,000 shares of the company’s stock in a transaction dated Monday, April 22nd. The stock was sold at an average price of $386.51, for a total value of $1,546,040.00. Following the completion of the transaction, the chief financial officer now owns 51,783 shares of the company’s stock, valued at $20,014,647.33. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Brett D. Heffes sold 8,290 shares of Winmark stock in a transaction that occurred on Thursday, April 18th. The shares were sold at an average price of $373.04, for a total value of $3,092,501.60. Following the sale, the chief executive officer now directly owns 110,000 shares in the company, valued at approximately $41,034,400. The disclosure for this sale can be found here. Corporate insiders own 10.60% of the company’s stock.

Winmark 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.