Skyline Corporation – Management Fund’s Major Move – Manufactured Housing Market Watch

ventormajormoveskylinecorpposteddailybusinessnewsmhpronewsVenator Capital Management Ltd has purchased up 466,541 additional shares in Skyline Corporation during the most recent quarter end, the firm said in a disclosure report filed with the SEC, reports TheFoundersDaily.

Venator’s website describes themselves in these terms, “Venator Capital Management Ltd. is a Toronto-based investment firm that strives to generate superior, risk-adjusted returns over time.”

Founder’s says that, “The investment management firm now holds a total of 524,492 shares of Skyline Corporation which is valued at $5,166,246.Skyline Corporation makes up approximately 4.41% of Venator Capital Management Ltd.’s portfolio.”

The Holdings Channel lists Skyline among the top 10 stocks Venator Capital Management Ltd. Has invested in.  That certainly signals Ventor’s confidence in Skyline.  Note that Ventor also reportedly has a somewhat larger position in manufactured housing industry supplier Patrick (PATK).

New Jersey Better Educational Savings Trust sold out all of its stake in SKY during the most recent quarter.

But other hedge funds that have stakes in Skyline Corporation (SKY) include:

  • Spark Investment Management – purchased 10,100 company shares during the most recent quarter which is valued at $99,485.
  • Eam Investors added SKY to its portfolio by purchasing 144,440 company shares during the most recent quarter which is valued at $1,425,623.

Skyline’s Friday closing results as reported by Bloomberg on the Daily Business News’ most recent stock report are as shown below.

skylinecorpsky9-92016bloombergtickerposteddailybusinessnewsmhpronews
Bloomberg Ticker on the Daily Business News Market Report for Friday, 9.9.2016. To see the entire report, click here or the image above.

As manufactured housing industry professionals, investors and aficionados know, Skyline Corporation is one of the oldest and larger independent producers of manufactured, modular and park model homes.

Another recent market report on Skyline is linked here. ##

(Image credits as shown.)

l-a-tony-kovach-daily-business-news-mhpronews-
L. A. ‘Tony’ Kovach is the publisher of MHProNews.com and MHLivingNews.com.

Submitted by L. A. ‘Tony’ Kovach to the Daily Business News, MHProNews.com.

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