Champion Homes, Inc. $SKY Stock Bought by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH lifted its holdings in shares of Champion Homes, Inc. (NYSE:SKY – Free Report) by 2.2% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 374,218 shares of the company’s stock after acquiring an additional 8,002 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in Champion Homes were worth $32,070,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the business. Parallel Advisors LLC raised its position in Champion Homes by 668.6% in the 1st quarter. Parallel Advisors LLC now owns 392 shares of the company’s stock worth $29,000 after buying an additional 341 shares during the last quarter. Clearstead Trust LLC bought a new position in Champion Homes during the 2nd quarter valued at about $44,000. Versant Capital Management Inc lifted its stake in Champion Homes by 80.3% during the 3rd quarter. Versant Capital Management Inc now owns 541 shares of the company’s stock valued at $46,000 after acquiring an additional 241 shares during the period. Assetmark Inc. lifted its stake in Champion Homes by 16.8% during the 1st quarter. Assetmark Inc. now owns 1,000 shares of the company’s stock valued at $74,000 after acquiring an additional 144 shares during the period. Finally, Public Employees Retirement System of Ohio bought a new position in Champion Homes during the 2nd quarter valued at about $85,000.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Barclays raised their price target on shares of Champion Homes from $102.00 to $109.00 and gave the company an “overweight” rating in a report on Thursday, August 6th. Zacks Research upgraded shares of Champion Homes from a “strong sell” rating to a “hold” rating in a research note on Monday, July 27th. Zelman & Associates raised shares of Champion Homes from a “hold” rating to an “outperform” rating in a report on Thursday, August 6th. Royal Bank Of Canada decreased their price objective on shares of Champion Homes from $99.00 to $94.00 and set an “outperform” rating for the company in a report on Thursday. Finally, UBS Group increased their price objective on shares of Champion Homes from $93.00 to $115.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $102.75.

Check Out Our Latest Research Report on SKY

Insider Buying and Selling at Champion Homes

In other Champion Homes news, Director Michael B. Berman sold 1,500 shares of the stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $93.22, for a total value of $139,830.00. Following the transaction, the director owned 6,825 shares of the company’s stock, valued at approximately $636,226.50. This represents a 18.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Erin Helgren sold 1,100 shares of the stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $95.00, for a total value of $104,500.00. Following the completion of the transaction, the director directly owned 8,196 shares in the company, valued at approximately $778,620. This represents a 11.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.60% of the company’s stock.

Champion Homes Price Performance

NYSE SKY opened at $79.86 on Friday. The business’s fifty day moving average price is $87.03 and its 200-day moving average price is $81.43. The stock has a market capitalization of $4.33 billion, a price-to-earnings ratio of 23.28 and a beta of 1.02. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.74 and a quick ratio of 1.97. Champion Homes, Inc. has a 1-year low of $63.87 and a 1-year high of $99.17.

Champion Homes (NYSE:SKY – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The company reported $0.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.87 by $0.01. The firm had revenue of $710.23 million for the quarter, compared to the consensus estimate of $701.98 million. Champion Homes had a return on equity of 12.52% and a net margin of 7.16%. The company’s revenue for the quarter was up 1.3% on a year-over-year basis. During the same period last year, the business posted $1.19 EPS. On average, equities analysts predict that Champion Homes, Inc. will post 3.40 earnings per share for the current year.

Champion Homes Company Profile

(Free Report)

Champion Homes, Inc (NYSE:SKY) is a manufacturer of factory-built housing in North America. The company designs and produces manufactured and modular homes, along with park model recreational vehicles and other off-site construction products. Its homes are sold through independent and company-owned retailers, developers, and other housing channels.

The company’s products serve a range of residential needs, including affordable single-family housing, workforce housing, multifamily developments, accessory dwelling units, and disaster-recovery housing.

See Also

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

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