Vanguard Group Inc. Boosts Stock Position in Camping World Holdings, Inc. (NYSE:CWH)

Vanguard Group Inc. grew its stake in shares of Camping World Holdings, Inc. (NYSE:CWH) by 3.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,035,275 shares of the company’s stock after buying an additional 122,856 shares during the period. Vanguard Group Inc. owned 4.77% of Camping World worth $105,966,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. ICA Group Wealth Management LLC purchased a new position in shares of Camping World during the 4th quarter valued at about $35,000. Advisory Services Network LLC purchased a new position in shares of Camping World during the 4th quarter valued at about $172,000. SG Americas Securities LLC purchased a new position in shares of Camping World during the 4th quarter valued at about $207,000. Axxcess Wealth Management LLC purchased a new position in shares of Camping World during the 3rd quarter valued at about $215,000. Finally, Bedel Financial Consulting Inc. purchased a new position in shares of Camping World during the 4th quarter valued at about $255,000. 52.54% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms recently commented on CWH. StockNews.com cut Camping World from a “hold” rating to a “sell” rating in a report on Friday, May 10th. Roth Mkm reissued a “buy” rating and issued a $28.00 price target (down from $30.00) on shares of Camping World in a report on Friday, May 3rd. Truist Financial lowered their price target on Camping World from $30.00 to $28.00 and set a “buy” rating on the stock in a report on Friday, May 3rd. Monness Crespi & Hardt lowered their price target on Camping World from $29.00 to $24.00 and set a “buy” rating on the stock in a report on Wednesday, June 26th. Finally, KeyCorp lowered their price target on Camping World from $30.00 to $26.00 and set an “overweight” rating on the stock in a report on Friday, May 3rd. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $28.33.

Camping World Stock Performance

NYSE:CWH opened at $17.73 on Friday. The company has a debt-to-equity ratio of 11.24, a current ratio of 1.19 and a quick ratio of 0.17. Camping World Holdings, Inc. has a 1 year low of $16.18 and a 1 year high of $32.88. The stock’s 50 day simple moving average is $19.52 and its two-hundred day simple moving average is $23.41. The company has a market cap of $1.50 billion, a price-to-earnings ratio of -443.14 and a beta of 2.54.

Camping World (NYSE:CWH) last released its earnings results on Wednesday, May 1st. The company reported ($0.46) earnings per share for the quarter, missing the consensus estimate of ($0.45) by ($0.01). The company had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.43 billion. Camping World had a net margin of 0.09% and a negative return on equity of 2.39%. As a group, equities analysts anticipate that Camping World Holdings, Inc. will post 0.83 earnings per share for the current fiscal year.

Camping World Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 27th. Stockholders of record on Thursday, June 13th were given a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 2.82%. The ex-dividend date of this dividend was Thursday, June 13th. Camping World’s dividend payout ratio is currently -1,249.69%.

About Camping World

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.