UBS Group AG Sells 133,752 Shares of Champion Homes, Inc. $SKY

UBS Group AG lessened its position in Champion Homes, Inc. (NYSE:SKY) by 29.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 324,084 shares of the company’s stock after selling 133,752 shares during the period. UBS Group AG’s holdings in Champion Homes were worth $27,385,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently bought and sold shares of the company. Wellington Management Group LLP raised its holdings in 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 during the period. State Street Corp raised its holdings in 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 during the period. Capital Research Global Investors raised its holdings in 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 during the period. Dimensional Fund Advisors LP raised its holdings in 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 during the period. Finally, Ameriprise Financial Inc. grew its position in 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 purchasing an additional 91,989 shares during the last quarter.

Champion Homes Stock Performance

NYSE SKY opened at $72.89 on Friday. 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 firm has a market capitalization of $4.03 billion, a price-to-earnings ratio of 19.38 and a beta of 1.07. The company’s fifty day moving average is $79.03 and its two-hundred day moving average is $82.89. Champion Homes, Inc. has a 52-week low of $59.44 and a 52-week high of $99.17.

Insider Buying and Selling at Champion Homes

In other news, EVP Joseph A. Kimmell sold 2,880 shares of Champion Homes stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $82.25, for a total transaction of $236,880.00. Following the sale, the executive vice president directly owned 51,297 shares in the company, valued at approximately $4,219,178.25. The trade was a 5.32% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.20% of the company’s stock.

Analyst Ratings Changes

SKY has been the topic of several research analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Champion Homes in a research report on Monday, April 20th. Zelman & Associates lowered shares of Champion Homes from an “outperform” rating to a “hold” rating in a research report on Thursday, February 5th. Finally, Barclays decreased their price target on shares of Champion Homes from $111.00 to $106.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 8th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $103.50.

About Champion Homes

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.