Wealth Enhancement Advisory Services LLC Cuts Stake in Camping World Holdings, Inc. (NYSE:CWH)

Wealth Enhancement Advisory Services LLC lowered its position in shares of Camping World Holdings, Inc. (NYSE:CWH) by 0.2% in the fourth quarter, Holdings Channel reports. The institutional investor owned 350,644 shares of the company’s stock after selling 769 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Camping World were worth $7,392,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the company. Quest Partners LLC increased its holdings in shares of Camping World by 5,647.8% in the 3rd quarter. Quest Partners LLC now owns 1,322 shares of the company’s stock valued at $32,000 after purchasing an additional 1,299 shares in the last quarter. Point72 DIFC Ltd purchased a new position in shares of Camping World in the 2nd quarter valued at about $50,000. Truvestments Capital LLC purchased a new position in shares of Camping World in the 3rd quarter valued at about $165,000. nVerses Capital LLC purchased a new position in shares of Camping World in the 3rd quarter valued at about $191,000. Finally, Blueshift Asset Management LLC purchased a new position in Camping World during the 3rd quarter valued at about $214,000. Hedge funds and other institutional investors own 52.54% of the company’s stock.

Camping World Price Performance

Camping World stock opened at $22.24 on Tuesday. Camping World Holdings, Inc. has a 12-month low of $17.29 and a 12-month high of $28.72. The stock has a market capitalization of $1.89 billion, a P/E ratio of -32.23 and a beta of 2.49. The firm’s 50-day moving average is $22.77 and its two-hundred day moving average is $22.07. The company has a debt-to-equity ratio of 9.67, a current ratio of 1.23 and a quick ratio of 0.19.

Camping World Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Friday, December 13th were given a $0.125 dividend. The ex-dividend date was Friday, December 13th. This represents a $0.50 annualized dividend and a dividend yield of 2.25%. Camping World’s dividend payout ratio is presently -72.46%.

Analysts Set New Price Targets

Several equities analysts have weighed in on CWH shares. Bank of America started coverage on shares of Camping World in a report on Thursday, December 19th. They set a “buy” rating and a $30.00 target price for the company. JPMorgan Chase & Co. restated a “neutral” rating and set a $24.00 target price (down from $25.00) on shares of Camping World in a report on Monday, October 21st. Truist Financial dropped their target price on shares of Camping World from $28.00 to $26.00 and set a “buy” rating for the company in a report on Tuesday, January 7th. StockNews.com upgraded shares of Camping World from a “sell” rating to a “hold” rating in a report on Thursday, November 14th. Finally, Raymond James upgraded shares of Camping World from a “market perform” rating to an “outperform” rating and set a $27.00 target price for the company in a report on Wednesday, October 30th. Two equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $27.78.

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.