Dynamic Technology Lab Private Ltd Takes $472,000 Position in Skyline Champion Co. (NYSE:SKY)

Dynamic Technology Lab Private Ltd acquired a new position in shares of Skyline Champion Co. (NYSE:SKY - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 5,355 shares of the company's stock, valued at approximately $472,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Harvest Fund Management Co. Ltd purchased a new position in shares of Skyline Champion during the 4th quarter valued at about $36,000. Headlands Technologies LLC bought a new stake in shares of Skyline Champion in the 4th quarter worth approximately $108,000. Venturi Wealth Management LLC purchased a new stake in shares of Skyline Champion in the 4th quarter valued at $112,000. New Age Alpha Advisors LLC bought a new position in shares of Skyline Champion during the 4th quarter valued at $176,000. Finally, KBC Group NV raised its position in Skyline Champion by 53.9% in the 4th quarter. KBC Group NV now owns 2,288 shares of the company's stock worth $202,000 after purchasing an additional 801 shares during the period.

Insider Transactions at Skyline Champion

In related news, VP Timothy A. Burkhardt sold 3,823 shares of the stock in a transaction that occurred on Tuesday, February 11th. The shares were 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 in the company, valued at $3,495,290.22. This represents a 10.47 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Joseph A. Kimmell sold 4,335 shares of the company's stock in a transaction on Monday, February 10th. The shares were sold at an average price of $104.21, for a total value of $451,750.35. Following the sale, the executive vice president now owns 39,411 shares of the company's stock, valued at approximately $4,107,020.31. This trade represents a 9.91 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 6.90% of the company's stock.

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Skyline Champion Stock Up 1.7 %

Shares of Skyline Champion stock traded up $1.43 during trading on Monday, hitting $83.40. The company's stock had a trading volume of 28,517 shares, compared to its average volume of 525,854. Skyline Champion Co. has a 52 week low of $64.82 and a 52 week high of $116.49. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.74 and a current ratio of 2.59. The company has a fifty day simple moving average of $96.65 and a two-hundred day simple moving average of $95.44. The company has a market capitalization of $4.78 billion, a PE ratio of 29.37 and a beta of 1.41.

Skyline Champion (NYSE:SKY - Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The company reported $1.04 earnings per share (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 year.

Analyst Ratings Changes

A number of research analysts have recently issued reports on SKY shares. Royal Bank of Canada raised their price objective on Skyline Champion from $88.00 to $96.00 and gave the company a "sector perform" rating in a research note on Thursday, February 6th. Barclays decreased their price target on Skyline Champion from $106.00 to $97.00 and set an "equal weight" rating on the stock in a research note on Tuesday, April 8th. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $88.40.

About Skyline Champion

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.