Wells Fargo & Company MN lifted its holdings in Camping World Holdings Inc (NYSE:CWH) by 13.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 406,326 shares of the company’s stock after acquiring an additional 46,937 shares during the quarter. Wells Fargo & Company MN owned approximately 0.47% of Camping World worth $18,176,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also made changes to their positions in the company. Bamco Inc. NY boosted its holdings in shares of Camping World by 9.6% in the 3rd quarter. Bamco Inc. NY now owns 2,335,600 shares of the company’s stock worth $95,152,000 after acquiring an additional 205,000 shares in the last quarter. Eagle Asset Management Inc. lifted its holdings in Camping World by 4.5% during the 3rd 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 in the last quarter. Vanguard Group Inc. lifted its holdings in Camping World by 72.6% during the 2nd quarter. Vanguard Group Inc. now owns 853,107 shares of the company’s stock worth $26,319,000 after buying an additional 358,886 shares in the last quarter. American Century Companies Inc. lifted its holdings in Camping World by 10.3% during the 4th quarter. American Century Companies Inc. now owns 451,206 shares of the company’s stock worth $20,182,000 after buying an additional 42,218 shares in the last quarter. Finally, State Street Corp lifted its holdings in Camping World by 24.6% during the 2nd quarter. State Street Corp now owns 354,492 shares of the company’s stock worth $10,937,000 after buying an additional 69,897 shares in the last quarter. 42.78% of the stock is currently owned by institutional investors and hedge funds.
CWH has been the topic of several research reports. KeyCorp set a $52.00 price objective on Camping World and gave the stock a “buy” rating in a report on Wednesday, February 28th. Credit Suisse Group set a $52.00 price objective on Camping World and gave the stock a “buy” rating in a report on Wednesday, February 28th. Zacks Investment Research raised Camping World from a “hold” rating to a “buy” rating and set a $51.00 price objective on the stock in a report on Monday, January 29th. Monness Crespi & Hardt reissued a “buy” rating and issued a $55.00 price target (up previously from $47.00) on shares of Camping World in a research note on Monday, January 29th. Finally, Northcoast Research initiated coverage on Camping World in a research note on Friday, January 26th. They issued a “buy” rating and a $56.00 price target on the stock. One investment analyst has rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $49.38.
Camping World stock traded down $2.16 on Monday, hitting $33.93. 1,380,244 shares of the company were exchanged, compared to its average volume of 790,531. The company has a debt-to-equity ratio of 9.99, a quick ratio of 0.29 and a current ratio of 1.36. Camping World Holdings Inc has a 1-year low of $26.30 and a 1-year high of $47.62. The company has a market cap of $3,160.94, a PE ratio of 1,704.85, a P/E/G ratio of 0.74 and a beta of 1.87.
Camping World (NYSE:CWH) last released its earnings results on Tuesday, February 27th. The company reported $0.25 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.23 by $0.02. The firm had revenue of $888.99 million during the quarter, compared to analysts’ expectations of $804.84 million. Camping World had a positive return on equity of 384.26% and a negative net margin of 0.42%. research analysts predict that Camping World Holdings Inc will post 2.9 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Friday, March 16th will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.94%. The ex-dividend date of this dividend is Thursday, March 15th. Camping World’s dividend payout ratio (DPR) is presently 1,600.80%.
In other Camping World news, insider Roger L. Nuttall sold 33,555 shares of the stock in a transaction dated Tuesday, December 26th. The stock was sold at an average price of $45.78, for a total transaction of $1,536,147.90. Following the completion of the transaction, the insider now owns 156,055 shares in the company, valued at approximately $7,144,197.90. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Brent L. Moody sold 100,000 shares of the stock in a transaction dated Thursday, December 28th. The stock was sold at an average price of $45.47, for a total value of $4,547,000.00. Following the transaction, the insider now owns 193,494 shares of the company’s stock, valued at approximately $8,798,172.18. The disclosure for this sale can be found here. 66.60% of the stock is currently owned by corporate insiders.
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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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