Teacher Retirement System of Texas Acquires New Shares in Camping World (NYSE:CWH)

Teacher Retirement System of Texas bought a new stake in Camping World (NYSE:CWH - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 24,402 shares of the company's stock, valued at approximately $394,000.

Several other large investors have also recently added to or reduced their stakes in the business. Summit Investment Advisors Inc. increased its position in shares of Camping World by 33.4% during the 4th quarter. Summit Investment Advisors Inc. now owns 5,546 shares of the company's stock valued at $117,000 after purchasing an additional 1,390 shares during the period. XTX Topco Ltd increased its position in shares of Camping World by 17.8% during the 4th quarter. XTX Topco Ltd now owns 16,373 shares of the company's stock valued at $345,000 after purchasing an additional 2,470 shares during the period. Byrne Asset Management LLC acquired a new position in shares of Camping World during the 1st quarter valued at $44,000. Mpwm Advisory Solutions LLC acquired a new position in shares of Camping World during the 4th quarter valued at $63,000. Finally, The Manufacturers Life Insurance Company increased its position in shares of Camping World by 19.5% during the 4th quarter. The Manufacturers Life Insurance Company now owns 18,944 shares of the company's stock valued at $399,000 after purchasing an additional 3,095 shares during the period. 52.54% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. JPMorgan Chase & Co. upgraded Camping World from a "neutral" rating to an "overweight" rating and lowered their price target for the company from $23.00 to $21.00 in a research report on Thursday, May 1st. Citigroup restated a "buy" rating and issued a $23.00 target price (up from $21.00) on shares of Camping World in a report on Monday, June 16th. Monness Crespi & Hardt decreased their target price on Camping World from $30.00 to $20.00 and set a "buy" rating on the stock in a report on Thursday, May 1st. Truist Financial lifted their target price on Camping World from $16.00 to $20.00 and gave the stock a "buy" rating in a report on Tuesday, June 3rd. Finally, Robert W. Baird decreased their target price on Camping World from $18.00 to $15.00 and set a "neutral" rating on the stock in a report on Thursday, May 1st. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $22.44.

Camping World Stock Up 0.7%

CWH traded up $0.12 during trading on Friday, reaching $17.28. 1,245,440 shares of the stock traded hands, compared to its average volume of 1,755,103. The stock has a market cap of $1.76 billion, a price-to-earnings ratio of -37.57 and a beta of 1.86. Camping World has a fifty-two week low of $11.17 and a fifty-two week high of $25.97. The company has a debt-to-equity ratio of 3.53, a current ratio of 1.26 and a quick ratio of 0.19. The stock's 50-day simple moving average is $17.58 and its two-hundred day simple moving average is $17.99.

Camping World (NYSE:CWH - Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The company reported ($0.16) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.23) by $0.07. The firm had revenue of $1.41 billion during the quarter, compared to analysts' expectations of $1.43 billion. Camping World had a negative return on equity of 8.66% and a negative net margin of 0.47%. The business'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) earnings per share. As a group, equities research analysts expect that Camping World will post -0.66 EPS for the current year.

Camping World Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Friday, June 13th were given 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 yield of 2.89%. Camping World's payout ratio is -108.70%.

Camping World Profile

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.