Bessemer Group Inc. Purchases 2,142 Shares of Winmark Corporation (NASDAQ:WINA)

Bessemer Group Inc. boosted its position in shares of Winmark Corporation (NASDAQ:WINA - Free Report) by 4.0% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 55,132 shares of the specialty retailer's stock after buying an additional 2,142 shares during the quarter. Bessemer Group Inc. owned 1.56% of Winmark worth $17,525,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of WINA. Anchor Capital Advisors LLC boosted its stake in Winmark by 2.4% during the fourth quarter. Anchor Capital Advisors LLC now owns 3,467 shares of the specialty retailer's stock worth $1,363,000 after buying an additional 80 shares during the period. Smartleaf Asset Management LLC boosted its stake in Winmark by 145.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 238 shares of the specialty retailer's stock worth $93,000 after buying an additional 141 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in Winmark by 0.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 24,246 shares of the specialty retailer's stock worth $9,530,000 after buying an additional 179 shares during the period. Keybank National Association OH purchased a new position in Winmark during the fourth quarter worth $279,000. Finally, Victory Capital Management Inc. boosted its stake in Winmark by 292.3% during the fourth quarter. Victory Capital Management Inc. now owns 17,020 shares of the specialty retailer's stock worth $6,690,000 after buying an additional 12,682 shares during the period. 73.32% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CFO Anthony D. Ishaug sold 4,000 shares of the business's stock in a transaction on Friday, May 30th. The shares were sold at an average price of $425.95, for a total transaction of $1,703,800.00. Following the completion of the sale, the chief financial officer now directly owns 56,683 shares of the company's stock, valued at approximately $24,144,123.85. The trade was a 6.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 10.10% of the company's stock.

Winmark Stock Performance

NASDAQ WINA traded down $4.15 on Friday, hitting $374.95. 135,851 shares of the stock were exchanged, compared to its average volume of 56,822. The stock has a fifty day moving average price of $403.14 and a two-hundred day moving average price of $375.56. The firm has a market capitalization of $1.32 billion, a P/E ratio of 33.51 and a beta of 0.61. Winmark Corporation has a 52-week low of $295.79 and a 52-week high of $459.93.

Winmark (NASDAQ:WINA - Get Free Report) last posted its quarterly earnings data on Wednesday, April 16th. The specialty retailer reported $2.71 EPS for the quarter, missing the consensus estimate of $2.74 by ($0.03). The firm had revenue of $21.92 million for the quarter, compared to analysts' expectations of $20.91 million. Winmark had a negative return on equity of 95.03% and a net margin of 49.45%. During the same period in the previous year, the firm earned $2.41 earnings per share.

Winmark Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Wednesday, May 14th were paid a dividend of $0.96 per share. This is a positive change from Winmark's previous quarterly dividend of $0.90. This represents a $3.84 dividend on an annualized basis and a dividend yield of 1.02%. The ex-dividend date was Wednesday, May 14th. Winmark's payout ratio is currently 34.32%.

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.