B. Metzler seel. Sohn & Co. AG Acquires 1,434 Shares of Skyline Champion Co. (NYSE:SKY)

B. Metzler seel. Sohn & Co. AG boosted its holdings in shares of Skyline Champion Co. (NYSE:SKY) by 5.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 26,410 shares of the company’s stock after purchasing an additional 1,434 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in Skyline Champion were worth $2,327,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. SkyView Investment Advisors LLC raised its position in shares of Skyline Champion by 2.2% during the third quarter. SkyView Investment Advisors LLC now owns 6,243 shares of the company’s stock valued at $592,000 after buying an additional 132 shares during the last quarter. Ulland Investment Advisors LLC increased its holdings in Skyline Champion by 0.3% in the 4th quarter. Ulland Investment Advisors LLC now owns 52,610 shares of the company’s stock valued at $4,635,000 after acquiring an additional 171 shares during the last quarter. HighTower Advisors LLC lifted its stake in Skyline Champion by 3.7% in the 4th quarter. HighTower Advisors LLC now owns 5,019 shares of the company’s stock worth $442,000 after purchasing an additional 180 shares in the last quarter. Atria Investments Inc boosted its holdings in shares of Skyline Champion by 5.7% during the 4th quarter. Atria Investments Inc now owns 3,726 shares of the company’s stock valued at $328,000 after purchasing an additional 202 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its holdings in shares of Skyline Champion by 3.9% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,745 shares of the company’s stock valued at $506,000 after purchasing an additional 213 shares during the last quarter.

Skyline Champion Trading Down 2.4 %

Shares of NYSE SKY opened at $92.44 on Wednesday. The stock has a market capitalization of $5.29 billion, a P/E ratio of 32.55 and a beta of 1.61. Skyline Champion Co. has a 1-year low of $64.82 and a 1-year high of $116.49. The business’s 50 day moving average is $97.79 and its two-hundred day moving average is $96.03. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.59 and a quick ratio of 1.74.

Skyline Champion (NYSE:SKY) last released its earnings results on Tuesday, February 4th. The company reported $1.04 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.24. Skyline Champion had a return on equity of 13.80% and a net margin of 6.80%. As a group, research analysts expect that Skyline Champion Co. will post 3.63 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Barclays boosted their target price on Skyline Champion from $90.00 to $106.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 6th. Royal Bank of Canada increased their target price on Skyline Champion from $88.00 to $96.00 and gave the company a “sector perform” rating in a research report on Thursday, February 6th. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, Skyline Champion has an average rating of “Hold” and a consensus target price of $90.20.

Insider Activity

In other news, VP Timothy A. Burkhardt sold 3,823 shares of the company’s stock in a transaction that occurred on 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 owns 32,706 shares of the company’s stock, valued at approximately $3,495,290.22. This represents a 10.47 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Joseph A. Kimmell sold 4,335 shares of the stock in a transaction that occurred on Monday, February 10th. The stock was 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 owns 39,411 shares in the company, valued at approximately $4,107,020.31. The trade was a 9.91 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 6.90% of the company’s stock.

Skyline Champion Company Profile

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.