Centaurus Financial Inc. Buys 375 Shares of Winmark Co. (NASDAQ:WINA)

Centaurus Financial Inc. lifted its stake in Winmark Co. (NASDAQ:WINA) by 108.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 721 shares of the specialty retailer’s stock after purchasing an additional 375 shares during the quarter. Centaurus Financial Inc.’s holdings in Winmark were worth $276,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in WINA. AltraVue Capital LLC lifted its position in Winmark by 95.2% in the 2nd 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 in the last quarter. Victory Capital Management Inc. lifted its position in Winmark by 55.8% in the 2nd quarter. Victory Capital Management Inc. now owns 3,726 shares of the specialty retailer’s stock valued at $1,314,000 after acquiring an additional 1,334 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in Winmark by 30.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 11,373 shares of the specialty retailer’s stock valued at $4,011,000 after acquiring an additional 2,653 shares in the last quarter. Liontrust Investment Partners LLP lifted its position in Winmark by 35.4% in the 2nd quarter. Liontrust Investment Partners LLP now owns 11,043 shares of the specialty retailer’s stock valued at $3,894,000 after acquiring an additional 2,888 shares in the last quarter. Finally, CWA Asset Management Group LLC bought a new position in Winmark in the 3rd quarter valued at approximately $5,102,000. 73.32% of the stock is owned by institutional investors.

Winmark Trading Down 1.8 %

WINA stock opened at $412.36 on Thursday. The stock has a market capitalization of $1.45 billion, a PE ratio of 38.41 and a beta of 0.80. Winmark Co. has a 12-month low of $330.25 and a 12-month high of $451.30. The stock’s 50 day simple moving average is $384.70 and its 200 day simple moving average is $371.57.

Winmark (NASDAQ:WINA) last released its quarterly earnings data 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 business had revenue of $21.51 million during the quarter. Winmark had a net margin of 49.02% and a negative return on equity of 85.43%.

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 paid a dividend of $8.40 per share. The ex-dividend date of this dividend is Wednesday, November 13th. This is a positive change from Winmark’s previous quarterly dividend of $0.90. This represents a $33.60 dividend on an annualized basis and a yield of 8.15%. Winmark’s payout ratio is currently 32.94%.

Insider Buying and Selling at Winmark

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 sale, the chief financial officer now directly owns 53,875 shares in the company, valued at approximately $20,612,036.25. The trade was a 4.26 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Ronald G. Olson sold 2,741 shares of the business’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $407.70, for a total transaction of $1,117,505.70. Following the sale, the insider now owns 149,994 shares of the company’s stock, valued at approximately $61,152,553.80. This represents a 1.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 10,300 shares of company stock worth $4,158,071. 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.