Bamco Inc. NY grew its position in shares of Camping World Holdings Inc (NYSE:CWH) by 9.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,335,600 shares of the company’s stock after purchasing an additional 205,000 shares during the quarter. Bamco Inc. NY owned approximately 2.67% of Camping World worth $95,152,000 as of its most recent filing with the SEC.
Other hedge funds have also recently modified their holdings of the company. Schwab Charles Investment Management Inc. grew its holdings in shares of Camping World by 71.1% during the second quarter. Schwab Charles Investment Management Inc. now owns 74,643 shares of the company’s stock worth $2,303,000 after buying an additional 31,023 shares during the last quarter. Citadel Advisors LLC grew its holdings in shares of Camping World by 347.5% during the second quarter. Citadel Advisors LLC now owns 965,923 shares of the company’s stock worth $29,799,000 after buying an additional 750,059 shares during the last quarter. Wells Fargo & Company MN grew its holdings in shares of Camping World by 15.9% during the second quarter. Wells Fargo & Company MN now owns 252,090 shares of the company’s stock worth $7,777,000 after buying an additional 34,665 shares during the last quarter. Federated Investors Inc. PA grew its holdings in shares of Camping World by 46.7% during the second quarter. Federated Investors Inc. PA now owns 293,400 shares of the company’s stock worth $9,051,000 after buying an additional 93,400 shares during the last quarter. Finally, Eagle Asset Management Inc. grew its holdings in shares of Camping World by 4.5% during the third quarter. Eagle Asset Management Inc. now owns 1,147,173 shares of the company’s stock worth $45,886,000 after buying an additional 49,155 shares during the last quarter. 33.98% of the stock is currently owned by institutional investors.
Shares of Camping World Holdings Inc (CWH) opened at $46.29 on Tuesday. Camping World Holdings Inc has a 12-month low of $26.30 and a 12-month high of $47.62. The company has a debt-to-equity ratio of 2.74, a quick ratio of 0.29 and a current ratio of 1.29. The stock has a market cap of $4,025.69, a P/E ratio of 21.63, a PEG ratio of 1.22 and a beta of 3.90.
Camping World (NYSE:CWH) last posted its quarterly earnings results on Thursday, November 9th. The company reported $0.77 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.66 by $0.11. Camping World had a net margin of 1.20% and a return on equity of 116.85%. The company had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.20 billion. During the same period last year, the firm earned $0.53 EPS. The company’s revenue for the quarter was up 25.0% on a year-over-year basis. sell-side analysts anticipate that Camping World Holdings Inc will post 2.29 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 15th will be given a dividend of $0.08 per share. The ex-dividend date is Thursday, December 14th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.69%. Camping World’s payout ratio is 16.16%.
In related news, CFO Thomas F. Wolfe sold 41,769 shares of Camping World stock in a transaction that occurred on Friday, September 22nd. The stock was sold at an average price of $37.70, for a total transaction of $1,574,691.30. Following the completion of the transaction, the chief financial officer now directly owns 62,529 shares in the company, valued at approximately $2,357,343.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Thomas F. Wolfe sold 68,028 shares of Camping World stock in a transaction that occurred on Tuesday, September 19th. The stock was sold at an average price of $38.55, for a total value of $2,622,479.40. Following the transaction, the chief financial officer now owns 79,733 shares of the company’s stock, valued at $3,073,707.15. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 8,239,274 shares of company stock valued at $332,471,945. Insiders own 66.60% of the company’s stock.
CWH has been the topic of a number of analyst reports. Credit Suisse Group reaffirmed a “buy” rating on shares of Camping World in a report on Sunday, October 1st. Zacks Investment Research raised Camping World from a “hold” rating to a “buy” rating and set a $39.00 price objective on the stock in a report on Tuesday, August 15th. Forward View raised Camping World from a “hold” rating to a “buy” rating in a report on Monday, August 14th. ValuEngine raised Camping World from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Finally, KeyCorp reaffirmed a “buy” rating and issued a $42.00 price objective on shares of Camping World in a report on Thursday, August 31st. Thirteen equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $44.11.
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Camping World Company Profile
Camping World Holdings, Inc is a provider of a portfolio of services, protection plans, products and resources for recreational vehicle (RV) enthusiasts. The Company operates through two segments: Consumer Services and Plans, and Retail. Within the Consumer Services and Plans segment, the Company derives revenue from the sale of the offerings, including emergency roadside assistance; property and casualty insurance programs; travel assist programs; extended vehicle service contracts; co branded credit cards; vehicle financing and refinancing; club memberships, and publications and directories.
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