Maverick Capital Ltd. Invests $965,000 in Camping World Holdings, Inc. (NYSE:CWH)

Maverick Capital Ltd. purchased a new stake in shares of Camping World Holdings, Inc. (NYSE:CWH) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 54,046 shares of the company’s stock, valued at approximately $965,000. Maverick Capital Ltd. owned 0.06% of Camping World at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of CWH. Moors & Cabot Inc. lifted its position in shares of Camping World by 2.9% in the second quarter. Moors & Cabot Inc. now owns 19,065 shares of the company’s stock worth $340,000 after purchasing an additional 531 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in Camping World by 4.3% in the 1st quarter. Commonwealth Equity Services LLC now owns 31,778 shares of the company’s stock worth $885,000 after buying an additional 1,323 shares in the last quarter. ICA Group Wealth Management LLC acquired a new stake in shares of Camping World during the 4th quarter valued at $35,000. Price T Rowe Associates Inc. MD grew its holdings in shares of Camping World by 8.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 19,560 shares of the company’s stock valued at $545,000 after acquiring an additional 1,477 shares in the last quarter. Finally, Point72 DIFC Ltd purchased a new position in shares of Camping World during the 2nd quarter valued at $50,000. 52.54% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Camping World news, CEO Marcus Lemonis sold 121,450 shares of the stock in a transaction on Wednesday, September 11th. The shares were sold at an average price of $21.80, for a total value of $2,647,610.00. Following the completion of the sale, the chief executive officer now directly owns 155,268 shares of the company’s stock, valued at approximately $3,384,842.40. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. 43.80% of the stock is currently owned by insiders.

Analysts Set New Price Targets

CWH has been the subject of a number of research reports. Roth Mkm reduced their price objective on Camping World from $28.00 to $26.00 and set a “buy” rating for the company in a research report on Monday, August 5th. KeyCorp reduced their price target on Camping World from $26.00 to $25.00 and set an “overweight” rating for the company in a report on Friday, August 2nd. Monness Crespi & Hardt increased their price objective on Camping World from $24.00 to $30.00 and gave the stock a “buy” rating in a report on Friday. Finally, Truist Financial lifted their target price on shares of Camping World from $26.00 to $28.00 and gave the company a “buy” rating in a research note on Friday, September 20th. One equities research analyst has rated the stock with a sell rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $26.57.

Camping World Stock Down 2.6 %

Shares of CWH stock opened at $24.53 on Friday. The company has a market capitalization of $2.07 billion, a price-to-earnings ratio of -613.25 and a beta of 2.47. The company has a debt-to-equity ratio of 10.08, a quick ratio of 0.19 and a current ratio of 1.19. The stock’s 50 day simple moving average is $21.91 and its 200 day simple moving average is $21.70. Camping World Holdings, Inc. has a twelve month low of $16.18 and a twelve month high of $28.72.

Camping World (NYSE:CWH) last posted its quarterly earnings data on Wednesday, July 31st. The company reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.10). The firm had revenue of $1.80 billion for the quarter, compared to the consensus estimate of $1.87 billion. Camping World had a negative return on equity of 10.04% and a negative net margin of 0.22%. Camping World’s quarterly revenue was down 5.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.60 earnings per share. As a group, research analysts predict that Camping World Holdings, Inc. will post -0.6 EPS for the current year.

Camping World Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 25th. Stockholders of record on Friday, September 13th were issued a dividend of $0.125 per share. The ex-dividend date was Friday, September 13th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.04%. Camping World’s dividend payout ratio (DPR) is presently -1,250.00%.

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.