AJOVista LLC Invests $43,000 in Winmark Co. (NASDAQ:WINA)

AJOVista LLC acquired a new position in Winmark Co. (NASDAQ:WINA) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 103 shares of the specialty retailer’s stock, valued at approximately $43,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of WINA. Robeco Institutional Asset Management B.V. increased its position in Winmark by 8.9% in the third quarter. Robeco Institutional Asset Management B.V. now owns 2,076 shares of the specialty retailer’s stock worth $775,000 after buying an additional 170 shares in the last quarter. Annex Advisory Services LLC increased its holdings in Winmark by 20.7% in the 3rd quarter. Annex Advisory Services LLC now owns 980 shares of the specialty retailer’s stock worth $366,000 after acquiring an additional 168 shares in the last quarter. Principal Financial Group Inc. bought a new stake in Winmark during the 3rd quarter worth approximately $263,000. Victory Capital Management Inc. purchased a new position in Winmark during the third quarter valued at approximately $363,000. Finally, New York State Common Retirement Fund boosted its position in shares of Winmark by 1.8% in the third quarter. New York State Common Retirement Fund now owns 15,438 shares of the specialty retailer’s stock worth $5,760,000 after purchasing an additional 279 shares during the period. 73.32% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

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

Winmark Price Performance

Shares of WINA stock opened at $364.30 on Monday. The company has a market capitalization of $1.28 billion, a price-to-earnings ratio of 33.27 and a beta of 0.85. The company’s fifty day moving average price is $357.11 and its 200-day moving average price is $387.98. Winmark Co. has a one year low of $308.92 and a one year high of $451.30.

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

Winmark Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 15th will be paid a dividend of $0.90 per share. This represents a $3.60 annualized dividend and a yield of 0.99%. This is a boost from Winmark’s previous quarterly dividend of $0.80. The ex-dividend date of this dividend is Tuesday, May 14th. Winmark’s dividend payout ratio (DPR) is presently 29.22%.

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.