18,800 Shares in Champion Homes, Inc. $SKY Bought by Militia Capital Management LLC

Militia Capital Management LLC acquired a new stake in shares of Champion Homes, Inc. (NYSE:SKY) in the first quarter, HoldingsChannel reports. The fund acquired 18,800 shares of the company’s stock, valued at approximately $1,398,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. State of Alaska Department of Revenue increased its position in Champion Homes by 0.4% in the 4th quarter. State of Alaska Department of Revenue now owns 31,563 shares of the company’s stock worth $2,666,000 after purchasing an additional 138 shares during the last quarter. UMB Bank n.a. lifted its holdings in shares of Champion Homes by 78.9% during the 4th quarter. UMB Bank n.a. now owns 313 shares of the company’s stock valued at $26,000 after buying an additional 138 shares during the last quarter. Assetmark Inc. lifted its holdings in shares of 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 buying an additional 144 shares during the last quarter. Mackenzie Financial Corp grew its stake in shares of Champion Homes by 4.7% in the 3rd quarter. Mackenzie Financial Corp now owns 3,612 shares of the company’s stock valued at $276,000 after buying an additional 161 shares in the last quarter. Finally, Bessemer Group Inc. grew its stake in shares of Champion Homes by 0.4% in the 1st quarter. Bessemer Group Inc. now owns 47,664 shares of the company’s stock valued at $3,544,000 after buying an additional 184 shares in the last quarter.

Insider Activity

In related news, EVP Joseph A. Kimmell sold 4,000 shares of the company’s stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $75.91, for a total transaction of $303,640.00. Following the completion of the sale, the executive vice president directly owned 32,118 shares of the company’s stock, valued at approximately $2,438,077.38. This represents a 11.07% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.60% of the company’s stock.

Champion Homes Stock Up 0.2%

Shares of Champion Homes stock opened at $79.74 on Monday. The stock has a market capitalization of $4.38 billion, a P/E ratio of 21.79 and a beta of 1.01. The company has a quick ratio of 1.69, a current ratio of 2.48 and a debt-to-equity ratio of 0.01. The stock has a 50 day moving average price of $80.44 and a two-hundred day moving average price of $81.26. Champion Homes, Inc. has a 12-month low of $60.13 and a 12-month high of $99.17.

Champion Homes (NYSE:SKY) last announced its quarterly earnings results on Tuesday, May 26th. The company reported $0.68 EPS for the quarter, beating the consensus estimate of $0.63 by $0.05. Champion Homes had a return on equity of 13.80% and a net margin of 7.77%.The company had revenue of $621.28 million for the quarter, compared to the consensus estimate of $607.39 million. During the same quarter last year, the company posted $0.65 earnings per share. The company’s revenue for the quarter was up 15.2% compared to the same quarter last year. Equities analysts expect that Champion Homes, Inc. will post 3.4 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts recently commented on SKY shares. UBS Group began coverage on shares of Champion Homes in a research report on Friday, June 5th. They set a “buy” rating and a $93.00 price objective on the stock. Barclays boosted their target price on shares of Champion Homes from $94.00 to $102.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 14th. Zacks Research upgraded shares of Champion Homes from a “strong sell” rating to a “hold” rating in a research note on Monday, July 27th. Weiss Ratings lowered shares of Champion Homes from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, May 27th. Finally, Citigroup initiated coverage on shares of Champion Homes in a report on Friday, June 5th. They set a “buy” rating and a $93.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $95.00.

Champion Homes 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.