Champion Homes, Inc. $SKY Shares Purchased by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans grew its position in Champion Homes, Inc. (NYSE:SKY) by 6.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 210,372 shares of the company’s stock after purchasing an additional 12,844 shares during the period. Thrivent Financial for Lutherans’ holdings in Champion Homes were worth $17,776,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. First Eagle Investment Management LLC lifted its position in Champion Homes by 10.1% during the 4th quarter. First Eagle Investment Management LLC now owns 122,824 shares of the company’s stock worth $10,379,000 after acquiring an additional 11,300 shares in the last quarter. Swiss Life Asset Management Ltd acquired a new stake in Champion Homes in the fourth quarter valued at approximately $403,000. Bryn Mawr Trust Advisors LLC raised its stake in shares of Champion Homes by 8.9% during the fourth quarter. Bryn Mawr Trust Advisors LLC now owns 14,972 shares of the company’s stock valued at $1,265,000 after purchasing an additional 1,219 shares during the period. Wilson Asset Management International PTY Ltd. purchased a new stake in shares of Champion Homes during the fourth quarter valued at approximately $558,000. Finally, Strs Ohio lifted its position in shares of Champion Homes by 14.7% during the fourth quarter. Strs Ohio now owns 3,900 shares of the company’s stock worth $330,000 after purchasing an additional 500 shares in the last quarter.

Champion Homes Stock Down 0.7%

Shares of NYSE:SKY opened at $65.80 on Tuesday. The company’s fifty day moving average is $75.91 and its two-hundred day moving average is $82.54. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.89 and a current ratio of 2.71. Champion Homes, Inc. has a 1-year low of $59.44 and a 1-year high of $99.17. The stock has a market capitalization of $3.64 billion, a price-to-earnings ratio of 17.50 and a beta of 1.07.

Champion Homes (NYSE:SKY) last posted its quarterly earnings results on Wednesday, May 13th. The company reported $999.00 EPS for the quarter. Champion Homes had a net margin of 8.10% and a return on equity of 13.85%. Equities analysts anticipate that Champion Homes, Inc. will post 3.8 EPS for the current year.

Analyst Ratings Changes

SKY has been the topic of a number of recent analyst reports. Barclays cut their price objective on shares of Champion Homes from $111.00 to $106.00 and set an “overweight” rating on the stock in a report on Wednesday, April 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Champion Homes in a research report on Monday, April 20th. Finally, Zelman & Associates cut Champion Homes from an “outperform” rating to a “hold” rating in a research note on Thursday, February 5th. 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 company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $103.50.

Insider Buying and Selling

In other Champion Homes news, EVP Joseph A. Kimmell sold 2,880 shares of Champion Homes stock in a transaction that occurred on Friday, March 6th. The stock was 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 directly owned 51,297 shares in the company, valued at $4,219,178.25. The trade was a 5.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 1.20% of the stock is currently owned by insiders.

Champion Homes Company Profile

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.