Camping World Holdings, Inc. (NYSE:CWH) Shares Sold by SFE Investment Counsel

SFE Investment Counsel reduced its stake in shares of Camping World Holdings, Inc. (NYSE:CWH) by 18.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 92,771 shares of the company’s stock after selling 20,757 shares during the quarter. SFE Investment Counsel owned 0.11% of Camping World worth $2,436,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its position in Camping World by 0.8% during the third quarter. Vanguard Group Inc. now owns 3,485,467 shares of the company’s stock worth $88,251,000 after buying an additional 28,282 shares during the period. BlackRock Inc. grew its position in Camping World by 3.1% during the second quarter. BlackRock Inc. now owns 2,753,668 shares of the company’s stock worth $82,885,000 after buying an additional 83,764 shares during the period. FMR LLC grew its position in Camping World by 9.5% during the third quarter. FMR LLC now owns 1,941,972 shares of the company’s stock worth $39,636,000 after buying an additional 169,117 shares during the period. Bank of America Corp DE grew its position in Camping World by 2,772.8% during the fourth quarter. Bank of America Corp DE now owns 1,306,362 shares of the company’s stock worth $29,158,000 after buying an additional 1,260,888 shares during the period. Finally, Morgan Stanley grew its position in Camping World by 38.6% during the third quarter. Morgan Stanley now owns 1,065,611 shares of the company’s stock worth $21,749,000 after buying an additional 296,992 shares during the period. 52.54% of the stock is currently owned by institutional investors and hedge funds.

Camping World Stock Performance

Camping World stock traded up $0.52 during midday trading on Thursday, reaching $21.99. 1,398,337 shares of the stock traded hands, compared to its average volume of 928,454. The company has a current ratio of 1.21, a quick ratio of 0.16 and a debt-to-equity ratio of 7.55. The firm has a fifty day moving average price of $25.90 and a two-hundred day moving average price of $23.56. The firm has a market cap of $1.86 billion, a price-to-earnings ratio of 41.29 and a beta of 2.60. Camping World Holdings, Inc. has a fifty-two week low of $16.18 and a fifty-two week high of $32.88.

Camping World (NYSE:CWH) last posted its earnings results on Wednesday, February 21st. The company reported ($0.53) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.59) by $0.06. The firm had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.15 billion. Camping World had a net margin of 0.50% and a return on equity of 16.62%. Camping World’s revenue was down 13.4% on a year-over-year basis. During the same period in the previous year, the business posted ($0.33) EPS. On average, equities research analysts forecast that Camping World Holdings, Inc. will post 1.06 earnings per share for the current year.

Camping World Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Thursday, March 14th were paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.27%. The ex-dividend date was Wednesday, March 13th. Camping World’s dividend payout ratio is currently 96.16%.

Analysts Set New Price Targets

Several analysts have issued reports on CWH shares. StockNews.com downgraded shares of Camping World from a “hold” rating to a “sell” rating in a report on Friday, February 23rd. Stephens reissued an “overweight” rating and set a $28.00 price objective (up previously from $26.00) on shares of Camping World in a research note on Wednesday, January 17th. KeyCorp upped their price objective on shares of Camping World from $25.00 to $30.00 and gave the company an “overweight” rating in a research note on Friday, January 12th. Citigroup upped their price target on shares of Camping World from $26.00 to $30.00 and gave the stock a “buy” rating in a research report on Tuesday, January 23rd. Finally, Truist Financial upped their price target on shares of Camping World from $25.00 to $30.00 and gave the stock a “buy” rating in a research report on Tuesday, January 9th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat.com, Camping World presently has an average rating of “Moderate Buy” and an average target price of $30.64.

Insider Buying and Selling at Camping World

In other Camping World news, CEO Marcus Lemonis sold 100,000 shares of the business’s stock in a transaction dated Friday, March 15th. The stock was sold at an average price of $25.63, for a total value of $2,563,000.00. Following the completion of the sale, the chief executive officer now owns 405,268 shares of the company’s stock, valued at $10,387,018.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 43.80% of the stock is owned by corporate insiders.

Camping World Company Profile

Camping World Holdings, Inc, together its subsidiaries, retails recreational vehicles (RVs), and related products and services in the United States. It operates in two segments, Good Sam Services and Plans; and RV and Outdoor Retail. The company provides a portfolio of services, protection plans, products, and resources in the RV industry.