Copeland Capital Management LLC Raises Position in Winmark Co. (NASDAQ:WINA)

Copeland Capital Management LLC increased its position in shares of Winmark Co. (NASDAQ:WINA) by 0.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 63,630 shares of the specialty retailer’s stock after buying an additional 162 shares during the period. Copeland Capital Management LLC owned about 1.82% of Winmark worth $24,366,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of WINA. nVerses Capital LLC acquired a new stake in shares of Winmark during the third quarter worth $77,000. Exchange Traded Concepts LLC bought a new stake in Winmark during the third quarter worth approximately $304,000. CWM LLC increased its holdings in shares of Winmark by 110.9% in the third quarter. CWM LLC now owns 213 shares of the specialty retailer’s stock valued at $82,000 after buying an additional 112 shares in the last quarter. Centaurus Financial Inc. bought a new stake in shares of Winmark during the 2nd quarter worth $122,000. Finally, Clifford Capital Partners LLC boosted its stake in shares of Winmark by 33.3% during the 2nd quarter. Clifford Capital Partners LLC now owns 1,892 shares of the specialty retailer’s stock worth $667,000 after acquiring an additional 473 shares in the last quarter. Hedge funds and other institutional investors own 73.32% of the company’s stock.

Insiders Place Their Bets

In related news, CFO Anthony D. Ishaug sold 2,400 shares of the firm’s stock in a transaction that occurred on Friday, October 18th. The stock was sold at an average price of $382.59, for a total value of $918,216.00. Following the transaction, the chief financial officer now directly owns 53,875 shares of the company’s stock, valued at approximately $20,612,036.25. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other Winmark news, CFO Anthony D. Ishaug sold 2,400 shares of the business’s stock in a transaction on Friday, October 18th. The shares were sold at an average price of $382.59, for a total transaction of $918,216.00. Following the completion of the transaction, the chief financial officer now owns 53,875 shares of the company’s stock, valued at $20,612,036.25. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal 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 stock was sold at an average price of $395.30, for a total value of $953,463.60. Following the completion of the transaction, the director now directly owns 4,522 shares in the company, valued at approximately $1,787,546.60. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 5,519 shares of company stock valued at $2,157,861 over the last quarter. Insiders own 10.60% of the company’s stock.

Winmark Price Performance

WINA stock opened at $386.81 on Tuesday. The company’s 50 day simple moving average is $367.39 and its 200-day simple moving average is $365.27. The firm has a market capitalization of $1.35 billion, a P/E ratio of 35.33 and a beta of 0.79. Winmark Co. has a 52-week low of $330.25 and a 52-week high of $451.30.

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

Winmark Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Wednesday, November 13th will be issued a dividend of $8.40 per share. This is a positive change from Winmark’s previous quarterly dividend of $0.90. This represents a $33.60 annualized dividend and a yield of 8.69%. The ex-dividend date is Wednesday, November 13th. Winmark’s dividend payout ratio (DPR) is 32.88%.

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.