Copeland Capital Management LLC Sells 2,015 Shares of Winmark Corporation (NASDAQ:WINA)

Copeland Capital Management LLC decreased its holdings in shares of Winmark Corporation (NASDAQ:WINA - Free Report) by 3.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 63,209 shares of the specialty retailer's stock after selling 2,015 shares during the quarter. Copeland Capital Management LLC owned about 1.79% of Winmark worth $20,092,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of WINA. Bessemer Group Inc. grew its position in Winmark by 4.0% during the 1st quarter. Bessemer Group Inc. now owns 55,132 shares of the specialty retailer's stock worth $17,525,000 after acquiring an additional 2,142 shares during the last quarter. TrueMark Investments LLC acquired a new position in shares of Winmark in the 1st quarter valued at approximately $487,000. CWA Asset Management Group LLC raised its holdings in shares of Winmark by 3.1% during the first quarter. CWA Asset Management Group LLC now owns 13,586 shares of the specialty retailer's stock worth $4,319,000 after acquiring an additional 411 shares during the period. Exchange Traded Concepts LLC boosted its position in shares of Winmark by 8.3% during the first quarter. Exchange Traded Concepts LLC now owns 785 shares of the specialty retailer's stock worth $250,000 after buying an additional 60 shares during the period. Finally, Annex Advisory Services LLC boosted its position in Winmark by 19.8% during the first quarter. Annex Advisory Services LLC now owns 3,352 shares of the specialty retailer's stock valued at $1,066,000 after purchasing an additional 555 shares during the last quarter. Institutional investors own 73.32% of the company's stock.

Winmark Stock Performance

NASDAQ WINA traded down $4.15 during trading hours on Friday, hitting $374.95. 135,851 shares of the company traded hands, compared to its average volume of 57,064. The business's 50-day moving average is $403.76 and its 200-day moving average is $375.03. The stock has a market capitalization of $1.32 billion, a price-to-earnings ratio of 33.51 and a beta of 0.61. Winmark Corporation has a twelve month low of $295.79 and a twelve month high of $459.93.

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

Winmark Increases Dividend

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

Insider Buying and Selling

In other Winmark news, CFO Anthony D. Ishaug sold 4,000 shares of the business's stock in a transaction dated Friday, May 30th. The stock was sold at an average price of $425.95, for a total transaction of $1,703,800.00. Following the completion of the transaction, the chief financial officer now 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 10.10% of the stock is currently owned by company insiders.

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.