Stephens Inc. AR increased its position in shares of Camping World Holdings, Inc. (NYSE:CWH – Get Rating) by 36.0% in the first quarter, HoldingsChannel reports. The company owned 15,339 shares of the company’s stock after purchasing an additional 4,060 shares during the quarter. Stephens Inc. AR’s interests in Camping World were worth $429,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Shay Capital LLC increased its stake in Camping World by 5.1% during the fourth quarter. Shay Capital LLC now owns 6,209 shares of the company’s stock valued at $251,000 after purchasing an additional 301 shares during the period. Rafferty Asset Management LLC increased its stake in Camping World by 1.5% in the fourth quarter. Rafferty Asset Management LLC now owns 24,481 shares of the company’s stock valued at $989,000 after purchasing an additional 364 shares during the period. Geneos Wealth Management Inc. increased its stake in Camping World by 413.2% during the fourth quarter. Geneos Wealth Management Inc. now owns 621 shares of the company’s stock valued at $25,000 after purchasing an additional 500 shares during the period. Sigma Planning Corp increased its stake in Camping World by 8.0% during the first quarter. Sigma Planning Corp now owns 8,115 shares of the company’s stock valued at $227,000 after purchasing an additional 600 shares during the period. Finally, Belpointe Asset Management LLC increased its stake in Camping World by 2.6% during the fourth quarter. Belpointe Asset Management LLC now owns 26,695 shares of the company’s stock valued at $1,078,000 after purchasing an additional 680 shares during the period. 84.47% of the shares are currently owned by hedge funds and other institutional investors.
Analyst upgrades and downgrades
A number of equities analysts have issued reports on CWH stock. TheStreet downgraded shares of Camping World from a “b-” rating to a “c+” rating in a research note on Monday, April 25. Truist Financial lowered its target price on shares of Camping World to $26.00 in a research note on Thursday, May 26. Raymond James reiterated a “retain” rating on shares of Camping World in a research note on Monday 25th July. DA Davidson began reporting on Camping World stock in a research note on Wednesday, April 13th. They issued a “neutral” rating and a price target of $29.00 on the company. Finally, Monness Crespi & Hardt lowered its target price on Camping World shares to $32.00 from $40.00 and issued a research note on Thursday, June 30, categorizing the company as “buy”. Four investment analysts have rated the stock with a hold rating and two with a buy rating. According to data from MarketBeat, Camping World currently has a consensus rating of Hold and an average target price of $36.17.
Insider transactions at Camping World
In related news, CEO Marcus Lemonis acquired 38,350 shares of the company’s stock in a transaction on Friday, June 10. The shares were purchased at an average price of $26.36 per share for a total transaction of $1,010,906.00. Following the acquisition, the Chief Executive Officer now owns 121,450 shares of the company, valued at approximately $3,201,422. The transaction was disclosed in a legal filing with the SEC available at this hyperlink. Insiders own 47.50% of the company’s shares.
Camping World stock performance
CWH shares opened at $29.84 on Thursday. The company has a market cap of $2.48 billion, a P/E of 5.32 and a beta of 2.79. Camping World Holdings, Inc. has a yearly low of $20.85 and a yearly high of $46.77. The company has a gearing ratio of 6.98, a current ratio of 1.33 and a quick ratio of 0.23. The company’s 50-day moving average price is $24.92 and its 200-day moving average price is $28.19.
Camping World (NYSE:CWH – Get Rating) last issued its quarterly earnings data on Tuesday, August 2nd. The company reported earnings per share (EPS) of $2.16 for the quarter, beating the consensus estimate of $1.95 by $0.21. Camping World had a net margin of 3.72% and a return on equity of 109.12%. In the same quarter last year, the company posted $2.40 per share. As a group, analysts expect Camping World Holdings, Inc. to report year-to-date earnings per share of 5.04.
Camping World announces dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, June 29th. A dividend of $0.625 per share was paid to shareholders of record on Tuesday, June 14th. The ex-dividend date of this dividend was Monday June 13th. That equates to an annualized dividend of $2.50 and a dividend yield of 8.38%. Camping World’s RTP is 44.56%.
Company profile of Camping World
Camping World Holdings, Inc, through its subsidiaries, sells recreational vehicles (RVs) and related products and services. It operates through two segments, Good Sam Services and Plans; and RV and outdoor retail. The Company offers a portfolio of services, protection plans, products and resources in the RV industry.
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