William Blair Investment Management LLC Buys 15,497 Shares of Champion Homes, Inc. $SKY

William Blair Investment Management LLC increased its stake in shares of Champion Homes, Inc. (NYSE:SKYFree Report) by 1.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,020,700 shares of the company’s stock after acquiring an additional 15,497 shares during the quarter. William Blair Investment Management LLC’s holdings in Champion Homes were worth $86,249,000 at the end of the most recent reporting period.

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

Wall Street Analyst Weigh In

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

Check Out Our Latest Research Report on Champion Homes

Insider Transactions at Champion Homes

In other Champion Homes news, EVP Joseph A. Kimmell sold 2,880 shares of the firm’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 transaction, the executive vice president directly owned 51,297 shares of the company’s stock, valued at approximately $4,219,178.25. This trade represents a 5.32% 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. Insiders own 1.20% of the company’s stock.

Champion Homes Price Performance

Shares of SKY stock opened at $71.05 on Monday. Champion Homes, Inc. has a 52-week low of $59.44 and a 52-week high of $99.17. The stock has a market cap of $3.93 billion, a PE ratio of 18.90 and a beta of 1.07. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.89 and a current ratio of 2.71. The firm’s 50 day moving average price is $75.01 and its two-hundred day moving average price is $82.61.

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

Champion Homes Profile

(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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