Affiliated Managers Group Rises Nicely; Berkshire only Tracked Stock to Slip

Consumer spending rose +0.3 percent in February, as did personal income, lifting the Dow Jones Industrial Average above 16,400 earlier in the day, but the gains drifted during the afternoon to post a modest advance of 58.83 points, +0.36 percent, to end the week at 16,323.06. Meanwhile the Nasdaq nudged up 4.53 points, +0.11 percent, to close at 4,155.76, while the S&P added +8.58 points, +0.46 percent, closing at 1,857.62, according to CNNMoney. The Yahoo! Finance Manufactured Housing Composite edged up +1.21 percent to close at 761.68. Housing stocks we track in today’s trading closed up or even, except Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway edged down -0.03 percent, -61.00 points, to end at 185,149. Affiliated Managers Group gained the most of tracked stocks, +4.97 percent, +9.04 points, to close at 16.54. Cavco Industries, Inc. 78.64 +1.12 (+1.44%). Deer Valley remained unchanged at 75.00. Drew Industries, Inc. 52.67 +0.30 (+0.57%). Equity LifeStyle Properties 40.34 +0.10 (+0.25%). Liberty Homes remained steady at 0.80. Louisiana Pacific Corp. 16.56 +0.02 (+0.12%). Nobility Homes remained unchanged at 11.70. Patrick Industries 43.09 +0.83 (+1.97%). Skyline Corp. 5.96 +0.14 (+2.41%). Sun Communities, Inc. 44.42 +0.67 (+1.53%). Third Avenue Value Fund (March 27) 56.85 +0.04 (+0.07%). UMH Properties 9.69 +0.02 (+0.83%). Universal Forest Products, Inc. 53.68 +0.45 (+0.84%). ##

(Graphic credit: CNNMoney and RealTick)

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