New Age Alpha Advisors LLC Has $4.49 Million Stock Position in Champion Homes, Inc. $SKY

New Age Alpha Advisors LLC raised its stake in shares of Champion Homes, Inc. (NYSE:SKYFree Report) by 1,851.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 53,073 shares of the company’s stock after purchasing an additional 50,354 shares during the quarter. New Age Alpha Advisors LLC owned 0.10% of Champion Homes worth $4,485,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the business. Wellington Management Group LLP boosted its holdings in shares of Champion Homes by 7.5% in the 3rd quarter. Wellington Management Group LLP now owns 4,800,562 shares of the company’s stock worth $366,619,000 after acquiring an additional 333,666 shares in the last quarter. State Street Corp boosted its holdings in shares of Champion Homes by 4.0% in the 2nd quarter. State Street Corp now owns 2,579,091 shares of the company’s stock worth $161,477,000 after acquiring an additional 98,659 shares in the last quarter. Capital Research Global Investors boosted its holdings in shares of Champion Homes by 1.1% in the 3rd quarter. Capital Research Global Investors now owns 1,762,378 shares of the company’s stock worth $134,593,000 after acquiring an additional 19,784 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Champion Homes by 7.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,530,519 shares of the company’s stock worth $116,877,000 after acquiring an additional 104,217 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in shares of Champion Homes by 7.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,411,351 shares of the company’s stock worth $107,785,000 after acquiring an additional 91,989 shares in the last quarter.

Champion Homes Stock Performance

SKY stock opened at $71.05 on Tuesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.71 and a quick ratio of 1.89. The company has a 50 day moving average price of $74.88 and a 200 day moving average price of $82.64. Champion Homes, Inc. has a fifty-two week low of $59.44 and a fifty-two week high of $99.17. The stock has a market capitalization of $3.93 billion, a PE ratio of 18.90 and a beta of 1.07.

Champion Homes (NYSE:SKYGet Free Report) last posted its quarterly earnings data on Wednesday, May 13th. The company reported $999.00 earnings per share for the quarter. Champion Homes had a net margin of 8.10% and a return on equity of 13.85%. Analysts forecast that Champion Homes, Inc. will post 3.8 EPS for the current year.

Insiders Place Their Bets

In related news, EVP Joseph A. Kimmell sold 2,880 shares of the business’s stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $82.25, for a total value of $236,880.00. Following the completion of the transaction, the executive vice president owned 51,297 shares in the company, valued at $4,219,178.25. The trade was a 5.32% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 1.20% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on SKY. Zelman & Associates downgraded Champion Homes from an “outperform” rating to a “hold” rating in a report on Thursday, February 5th. Weiss Ratings reissued a “hold (c)” rating on shares of Champion Homes in a report on Monday, April 20th. Finally, Barclays reduced their target price on Champion Homes from $111.00 to $106.00 and set an “overweight” rating on the stock in a report on Wednesday, April 8th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $103.50.

Get Our Latest Stock Report on Champion Homes

About Champion Homes

(Free Report)

Champion Homes, traded under the NYSE ticker SKY, operates as a leading provider of factory-built housing solutions in North America. The company specializes in the design, manufacture and sale of manufactured and modular homes, serving a broad spectrum of customers from first-time homebuyers to those seeking upscale residential properties. Champion Homes leverages vertically integrated operations to streamline production, ensuring consistent quality and cost efficiencies across its product lines.

The company’s product portfolio encompasses single- and multi-section modular homes, manufactured home models, park models and select commercial modular buildings.

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Institutional Ownership by Quarter for Champion Homes (NYSE:SKY)

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