Winmark Corporation $WINA Shares Sold by Invesco Ltd.

Invesco Ltd. decreased its stake in Winmark Corporation (NASDAQ:WINA - Free Report) by 94.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,022 shares of the specialty retailer's stock after selling 48,720 shares during the period. Invesco Ltd. owned 0.09% of Winmark worth $961,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in WINA. Stifel Financial Corp boosted its position in Winmark by 9.5% during the 4th quarter. Stifel Financial Corp now owns 4,337 shares of the specialty retailer's stock worth $1,705,000 after acquiring an additional 376 shares during the period. Susquehanna International Group LLP boosted its position in Winmark by 138.3% during the 4th quarter. Susquehanna International Group LLP now owns 4,397 shares of the specialty retailer's stock worth $1,728,000 after acquiring an additional 2,552 shares during the period. Price T Rowe Associates Inc. MD boosted its position in Winmark by 18.7% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,141 shares of the specialty retailer's stock worth $449,000 after acquiring an additional 180 shares during the period. Northern Trust Corp boosted its position in Winmark by 5.8% during the 4th quarter. Northern Trust Corp now owns 46,666 shares of the specialty retailer's stock worth $18,343,000 after acquiring an additional 2,577 shares during the period. Finally, Algert Global LLC boosted its position in Winmark by 6.2% during the 4th quarter. Algert Global LLC now owns 6,749 shares of the specialty retailer's stock worth $2,653,000 after acquiring an additional 392 shares during the period. 73.32% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO Brett D. Heffes sold 4,971 shares of Winmark stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $453.89, for a total transaction of $2,256,287.19. Following the transaction, the chief executive officer directly owned 114,400 shares in the company, valued at approximately $51,925,016. This trade represents a 4.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 10.10% of the company's stock.

Winmark Stock Down 0.0%

WINA stock traded down $0.03 during trading on Friday, reaching $479.66. 69,978 shares of the company's stock were exchanged, compared to its average volume of 75,692. Winmark Corporation has a 1-year low of $295.79 and a 1-year high of $493.12. The company's fifty day moving average price is $404.40 and its 200-day moving average price is $380.25. The firm has a market cap of $1.70 billion, a PE ratio of 42.71 and a beta of 0.65.

Winmark (NASDAQ:WINA - Get Free Report) last announced its quarterly earnings results on Tuesday, July 15th. The specialty retailer reported $2.89 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.88 by $0.01. Winmark had a negative return on equity of 98.49% and a net margin of 49.48%.The company had revenue of $20.42 million during the quarter, compared to analyst estimates of $20.31 million.

Winmark Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Wednesday, August 13th were given a dividend of $0.96 per share. The ex-dividend date was Wednesday, August 13th. This represents a $3.84 annualized dividend and a dividend yield of 0.8%. Winmark's dividend payout ratio (DPR) is 34.19%.

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.