The Dow remained essentially flat, down .01 percent, Friday while the Yahoo Finance Manufactured Housing Composite Index took another tumble, closing down nearly three percent.
Fortunes smiled on some individual stocks, however, Affiliated Managers Group, Inc. added .91 cents (.86 percent) to close at $107.07; Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway Inc. added $1,000 (.84 percent) to arrive at $120,000 a share; Equity Lifestyle Properties, Inc. added .28 cents (.42 percent) to $67.63; Louisiana-Pacific Corporation added .22 cents (2.86 percent) to $7.90; Patrick Industries, Inc. added .22 cents (3.49 percent making it the day’s biggest gainer) to $6.52; Walker & Dunlop, Inc. added .12 cents (.95 percent) to $12.73.
Closing the day lower were Cavco Industries Inc., down 1.42 (3.01 percent) to $45.82; Drew Industries Incorporated, down .28 cents (.97 percent) to $28.61; Nobility Homes, Inc., down .08 cents (1.8 percent) to $7.35; Skyline Corporation lost .27 cents (3.28 percent) to $7.97; Sun Communities, Inc. closed down .14 cents (.34 percent) to $40.57; Third Avenue Value Fund closed down .21 cents (.44 percent) to $47.38; Universal Forest Products Inc. lost 1.37 (4.03 percent making it the day’s biggest decliner) to $32.20 and UMH Properties Inc. lost .02 cents (.19 percent) to $10.35.
Champion, Deer Valley and Palm Harbor Homes did not lose or gain share value Friday.
(Image Credit: Eric Miller)