1 week Ago By Defense World Staff
JPMorgan Chase & Co. raised its holdings in Skyline Champion Co. ( NYSE:SKY – Free Report ) by 120.
3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 280,396 shares of the company’s stock after acquiring an additional 153,089 shares during the period. JPMorgan Chase & Co.
owned about 0.49% of Skyline Champion worth $24,703,000 as of its most recent filing with the Securities and Exchange Commission. Other large investors also recently modified their holdings of the company.
Harvest Fund Management Co. Ltd bought a new position in shares of Skyline Champion during the 4th quarter worth approximately $36,000. Venturi Wealth Management LLC bought a new stake in shares of Skyline Champion during the fourth quarter worth approximately $112,000.
KBC Group NV lifted its holdings in shares of Skyline Champion by 53.9% during the fourth quarter. KBC Group NV now owns 2,288 shares of the company’s stock worth $202,000 after buying an additional 801 shares in the last quarter.
Empirical Financial Services LLC d.b.a.
Empirical Wealth Management acquired a new position in shares of Skyline Champion during the 4th quarter worth approximately $210,000. Finally, MML Investors Services LLC bought a new position in shares of Skyline Champion during the third quarter worth approximately $216,000. Analysts Set New Price Targets SKY has been the topic of a number of analyst reports.
Royal Bank of Canada increased their price target on Skyline Champion from $88.00 to $96.00 and gave the stock a “sector perform” rating in a research report on Thursday, February 6th.
Barclays dropped their price target on Skyline Champion from $106.00 to $97.00 and set an “equal weight” rating for the company in a research note on Tuesday.
Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $88.40.
Skyline Champion Trading Up 6.1 % SKY opened at $86.29 on Thursday.
The company’s 50 day moving average is $97.04 and its 200-day moving average is $95.57.
The company has a market cap of $4.94 billion, a P/E ratio of 30.38 and a beta of 1.
41. Skyline Champion Co. has a 1-year low of $64.
82 and a 1-year high of $116.49. The company has a current ratio of 2.
59, a quick ratio of 1.74 and a debt-to-equity ratio of 0.02.
Skyline Champion ( NYSE:SKY – Get Free Report ) last announced its quarterly earnings results on Tuesday, February 4th. The company reported $1.04 EPS for the quarter, beating analysts’ consensus estimates of $0.
80 by $0.24. Skyline Champion had a return on equity of 13.
80% and a net margin of 6.80%. Equities research analysts predict that Skyline Champion Co.
will post 3.63 earnings per share for the current fiscal year. Insider Activity In other Skyline Champion news, VP Timothy A.
Burkhardt sold 3,823 shares of Skyline Champion stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $106.87, for a total transaction of $408,564.
01. Following the transaction, the vice president now directly owns 32,706 shares of the company’s stock, valued at approximately $3,495,290.22.
The trade was a 10.47 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link .
Also, EVP Joseph A. Kimmell sold 4,335 shares of the stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $104.
21, for a total value of $451,750.35. Following the completion of the sale, the executive vice president now directly owns 39,411 shares of the company’s stock, valued at approximately $4,107,020.
31. The trade was a 9.91 % decrease in their position.
The disclosure for this sale can be found here . Insiders own 6.90% of the company’s stock.
Skyline Champion Profile ( Free Report ) Skyline Champion Corporation produces and sells factory-built housing in North America. The company offers manufactured and modular homes, park models RVs, accessory dwelling units, and modular buildings for the multi-family and hospitality sectors. It builds homes under the Skyline Homes, Champion Home Builders, Genesis Homes, Athens Park Models, Dutch Housing, Atlantic Homes, Excel Homes, Homes of Merit, New Era, Redman Homes, ScotBilt Homes, Shore Park, Silvercrest, and Titan Homes brands in the United States; and Moduline and SRI Homes brand names in western Canada.
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