Winmark Co. (NASDAQ:WINA) Holdings Decreased by Mawer Investment Management Ltd.

Mawer Investment Management Ltd. decreased its holdings in shares of Winmark Co. (NASDAQ:WINA) by 13.7% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 158,273 shares of the specialty retailer’s stock after selling 25,058 shares during the quarter. Mawer Investment Management Ltd.’s holdings in Winmark were worth $55,812,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. BNP Paribas Financial Markets grew its stake in Winmark by 182.8% in the fourth quarter. BNP Paribas Financial Markets now owns 4,590 shares of the specialty retailer’s stock valued at $1,917,000 after purchasing an additional 2,967 shares in the last quarter. Congress Asset Management Co. MA purchased a new position in Winmark in the first quarter valued at about $2,085,000. Liontrust Investment Partners LLP grew its stake in Winmark by 35.4% in the second quarter. Liontrust Investment Partners LLP now owns 11,043 shares of the specialty retailer’s stock valued at $3,894,000 after purchasing an additional 2,888 shares in the last quarter. Russell Investments Group Ltd. grew its stake in Winmark by 71.1% in the fourth quarter. Russell Investments Group Ltd. now owns 4,826 shares of the specialty retailer’s stock valued at $2,015,000 after purchasing an additional 2,005 shares in the last quarter. Finally, Ables Iannone Moore & Associates Inc. purchased a new position in Winmark in the fourth quarter valued at about $29,000. Hedge funds and other institutional investors own 73.32% of the company’s stock.

Winmark Stock Performance

WINA opened at $345.79 on Tuesday. The company has a market cap of $1.22 billion, a PE ratio of 31.58 and a beta of 0.80. The stock has a 50-day moving average of $372.21 and a 200-day moving average of $362.42. Winmark Co. has a 52-week low of $330.25 and a 52-week high of $451.30.

Winmark (NASDAQ:WINA) last released its quarterly earnings results 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. The company had revenue of $20.12 million during the quarter. Winmark had a negative return on equity of 85.12% and a net margin of 48.57%.

Winmark Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Wednesday, August 14th were given a dividend of $0.90 per share. The ex-dividend date was Wednesday, August 14th. This represents a $3.60 annualized dividend and a dividend yield of 1.04%. Winmark’s dividend payout ratio is presently 32.88%.

Wall Street Analysts Forecast Growth

Separately, Maxim Group started coverage on Winmark in a research note on Thursday, June 13th. They set a “buy” rating and a $445.00 price target for the company.

Insider Buying and Selling

In related news, Director Lawrence A. Barbetta sold 124 shares of the business’s stock in a transaction dated Monday, July 29th. The stock was 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 owns 6,934 shares of the company’s stock, valued at approximately $2,796,759.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Winmark news, Director Lawrence A. Barbetta sold 124 shares of the company’s stock in a transaction that occurred on Monday, July 29th. The stock was sold at an average price of $403.34, for a total value of $50,014.16. Following the completion of the transaction, the director now owns 6,934 shares of the company’s stock, valued at approximately $2,796,759.56. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Lawrence A. Barbetta sold 583 shares of the company’s stock in a transaction that occurred on Friday, July 26th. The shares were sold at an average price of $405.09, for a total value of $236,167.47. Following the completion of the transaction, the director now directly owns 7,058 shares of the company’s stock, valued at approximately $2,859,125.22. The disclosure for this sale can be found here. In the last 90 days, insiders sold 3,119 shares of company stock valued at $1,239,645. Insiders own 10.60% of the company’s stock.

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.