Clifford Capital Partners LLC Sells 168 Shares of Winmark Co. (NASDAQ:WINA)

Clifford Capital Partners LLC lowered its position in shares of Winmark Co. (NASDAQ:WINA) by 8.9% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,724 shares of the specialty retailer’s stock after selling 168 shares during the period. Clifford Capital Partners LLC’s holdings in Winmark were worth $660,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Centaurus Financial Inc. grew its stake in shares of Winmark by 108.4% in the third quarter. Centaurus Financial Inc. now owns 721 shares of the specialty retailer’s stock worth $276,000 after purchasing an additional 375 shares during the last quarter. Eagle Asset Management Inc. increased its stake in shares of Winmark by 14.2% during the third quarter. Eagle Asset Management Inc. now owns 21,372 shares of the specialty retailer’s stock valued at $8,772,000 after buying an additional 2,655 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in shares of Winmark by 2.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 24,067 shares of the specialty retailer’s stock valued at $9,216,000 after acquiring an additional 555 shares in the last quarter. Intech Investment Management LLC bought a new position in shares of Winmark during the third quarter valued at approximately $271,000. Finally, Victory Capital Management Inc. lifted its stake in Winmark by 16.4% in the third quarter. Victory Capital Management Inc. now owns 4,338 shares of the specialty retailer’s stock worth $1,661,000 after acquiring an additional 612 shares during the period. Institutional investors own 73.32% of the company’s stock.

Insiders Place Their Bets

In other Winmark news, COO Renae M. Gaudette sold 1,500 shares of Winmark stock in a transaction on Friday, October 25th. The stock was sold at an average price of $380.11, for a total transaction of $570,165.00. Following the completion of the transaction, the chief operating officer now owns 15,060 shares in the company, valued at approximately $5,724,456.60. The trade was a 9.06 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Ronald G. Olson sold 2,741 shares of the firm’s stock in a transaction dated 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. Over the last 90 days, insiders sold 10,300 shares of company stock worth $4,158,071. 10.60% of the stock is owned by corporate insiders.

Winmark Trading Down 0.6 %

Shares of Winmark stock opened at $419.85 on Wednesday. The company’s fifty day simple moving average is $383.75 and its two-hundred day simple moving average is $371.24. Winmark Co. has a 12-month low of $330.25 and a 12-month high of $451.30. The company has a market cap of $1.48 billion, a P/E ratio of 38.41 and a beta of 0.80.

Winmark (NASDAQ:WINA) last announced its quarterly earnings results 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). Winmark had a net margin of 49.02% and a negative return on equity of 85.43%. The company had revenue of $21.51 million for the quarter.

Winmark Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Wednesday, November 13th will be paid a $8.40 dividend. This represents a $33.60 annualized dividend and a yield of 8.00%. This is a boost from Winmark’s previous quarterly dividend of $0.90. The ex-dividend date of this dividend is Wednesday, November 13th. Winmark’s dividend payout ratio is presently 32.94%.

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.