Mountain Pacific Investment Advisers LLC Has $12.76 Million Holdings in Winmark Corporation $WINA

Mountain Pacific Investment Advisers LLC grew its position in Winmark Corporation (NASDAQ:WINA) by 9.6% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 33,797 shares of the specialty retailer’s stock after purchasing an additional 2,949 shares during the period. Mountain Pacific Investment Advisers LLC’s holdings in Winmark were worth $12,762,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. GAMMA Investing LLC lifted its position in shares of Winmark by 21,093.3% in the 1st quarter. GAMMA Investing LLC now owns 3,179 shares of the specialty retailer’s stock valued at $1,011,000 after acquiring an additional 3,164 shares in the last quarter. Rhumbline Advisers raised its stake in Winmark by 23.1% during the 1st quarter. Rhumbline Advisers now owns 11,164 shares of the specialty retailer’s stock valued at $3,549,000 after purchasing an additional 2,096 shares during the period. Annex Advisory Services LLC lifted its holdings in shares of Winmark by 19.8% in 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 in the last quarter. Exchange Traded Concepts LLC boosted its position in shares of Winmark by 8.3% in 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, CWA Asset Management Group LLC grew 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 valued at $4,319,000 after buying an additional 411 shares in the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

Winmark Trading Up 3.3%

NASDAQ:WINA opened at $513.95 on Thursday. The business’s fifty day moving average price is $449.47 and its 200 day moving average price is $401.36. The firm has a market capitalization of $1.82 billion, a price-to-earnings ratio of 45.77 and a beta of 0.71. Winmark Corporation has a 1-year low of $295.79 and a 1-year high of $518.48.

Winmark (NASDAQ:WINA) last released its earnings results on Tuesday, July 15th. The specialty retailer reported $2.89 earnings per share for the quarter, beating the consensus estimate of $2.88 by $0.01. The company had revenue of $20.42 million for the quarter, compared to analysts’ expectations of $20.31 million. Winmark had a negative return on equity of 98.49% and a net margin of 49.48%.

Winmark Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Wednesday, August 13th were given a $0.96 dividend. The ex-dividend date was Wednesday, August 13th. This represents a $3.84 dividend on an annualized basis and a yield of 0.7%. Winmark’s dividend payout ratio is presently 34.19%.

Insider Buying and Selling

In other Winmark news, Director Lawrence A. Barbetta sold 852 shares of Winmark stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $505.02, for a total transaction of $430,277.04. Following the completion of the sale, the director owned 649 shares of the company’s stock, valued at $327,757.98. This trade represents a 56.76% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Brett D. Heffes sold 4,971 shares of the company’s 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 completion of the transaction, the chief executive officer directly owned 114,400 shares in the company, valued at $51,925,016. This trade represents a 4.16% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 8,264 shares of company stock valued at $3,797,366. Insiders own 10.10% 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.