Teacher Retirement System of Texas bought a new position in Camping World (NYSE:CWH - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 24,402 shares of the company's stock, valued at approximately $394,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cinctive Capital Management LP lifted its stake in shares of Camping World by 117.2% in the 4th quarter. Cinctive Capital Management LP now owns 125,031 shares of the company's stock worth $2,636,000 after acquiring an additional 67,459 shares during the period. Vanguard Group Inc. lifted its stake in shares of Camping World by 39.2% in the 4th quarter. Vanguard Group Inc. now owns 5,787,609 shares of the company's stock worth $122,003,000 after acquiring an additional 1,630,307 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Camping World in the 4th quarter worth approximately $1,465,000. Charles Schwab Investment Management Inc. lifted its stake in shares of Camping World by 26.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 827,823 shares of the company's stock worth $17,451,000 after acquiring an additional 175,554 shares during the period. Finally, GAMMA Investing LLC lifted its stake in shares of Camping World by 6,485.8% in the 1st quarter. GAMMA Investing LLC now owns 15,740 shares of the company's stock worth $254,000 after acquiring an additional 15,501 shares during the period. Institutional investors own 52.54% of the company's stock.
Analyst Ratings Changes
Several analysts recently commented on CWH shares. Monness Crespi & Hardt cut their target price on shares of Camping World from $30.00 to $20.00 and set a "buy" rating for the company in a research note on Thursday, May 1st. Baird R W lowered shares of Camping World from a "strong-buy" rating to a "hold" rating in a research note on Friday, April 4th. Robert W. Baird cut their target price on shares of Camping World from $18.00 to $15.00 and set a "neutral" rating for the company in a research note on Thursday, May 1st. KeyCorp reissued an "overweight" rating and set a $18.00 target price (up from $16.00) on shares of Camping World in a research note on Friday, May 23rd. Finally, Citigroup reissued a "buy" rating and set a $23.00 target price (up from $21.00) on shares of Camping World in a research note on Monday, June 16th. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, Camping World presently has an average rating of "Moderate Buy" and a consensus price target of $22.44.
Get Our Latest Research Report on CWH
Camping World Stock Up 1.0%
Shares of Camping World stock traded up $0.18 during midday trading on Monday, reaching $17.48. 1,655,577 shares of the company's stock traded hands, compared to its average volume of 1,760,412. The company has a market cap of $1.78 billion, a price-to-earnings ratio of -37.99 and a beta of 1.86. The company's 50 day simple moving average is $17.58 and its 200 day simple moving average is $17.95. The company has a debt-to-equity ratio of 3.53, a quick ratio of 0.19 and a current ratio of 1.26. Camping World has a 52 week low of $11.17 and a 52 week high of $25.97.
Camping World (NYSE:CWH - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The company reported ($0.16) earnings per share for the quarter, beating analysts' consensus estimates of ($0.23) by $0.07. The business had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.43 billion. Camping World had a negative net margin of 0.47% and a negative return on equity of 8.66%. Camping World's revenue for the quarter was up 3.6% on a year-over-year basis. During the same quarter last year, the firm earned ($0.40) EPS. Equities analysts expect that Camping World will post -0.66 earnings per share for the current fiscal year.
Camping World Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, June 27th. Stockholders of record on Friday, June 13th were issued a dividend of $0.125 per share. The ex-dividend date of this dividend was Friday, June 13th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.86%. Camping World's dividend payout ratio is currently -108.70%.
About Camping World
(
Free Report)
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.
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