Voya Investment Management LLC Increases Stake in Camping World $CWH

Key Points

• Voya Investment Management LLC increased its stake in Camping World by 28.1% during the 1st quarter, owning 934,173 shares valued at approximately $15.1 million.
• Analyst ratings for Camping World are mixed, with a consensus rating of "Moderate Buy" and a price target of $21.78, while some analysts have raised their targets amidst fluctuations.
• Camping World has declared a quarterly dividend of $0.125 per share, reflecting an annualized yield of 2.9%, although it has a negative dividend payout ratio of -250.00%.

Voya Investment Management LLC increased its stake in shares of Camping World (NYSE:CWH - Free Report) by 28.1% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 934,173 shares of the company's stock after acquiring an additional 204,679 shares during the period. Voya Investment Management LLC owned about 0.92% of Camping World worth $15,096,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of CWH. GAMMA Investing LLC grew its position in shares of Camping World by 6,485.8% in the first quarter. GAMMA Investing LLC now owns 15,740 shares of the company's stock valued at $254,000 after purchasing an additional 15,501 shares during the last quarter. Jump Financial LLC grew its holdings in Camping World by 210.1% during the 1st quarter. Jump Financial LLC now owns 217,090 shares of the company's stock worth $3,508,000 after acquiring an additional 147,075 shares during the period. Wellington Management Group LLP grew its stake in shares of Camping World by 83.0% in the 4th quarter. Wellington Management Group LLP now owns 194,780 shares of the company's stock valued at $4,106,000 after buying an additional 88,337 shares during the period. Deutsche Bank AG grew its stake in shares of Camping World by 24.4% in the 1st quarter. Deutsche Bank AG now owns 593,059 shares of the company's stock valued at $9,584,000 after buying an additional 116,292 shares during the period. Finally, GW&K Investment Management LLC acquired a new stake in shares of Camping World in the 1st quarter valued at about $1,831,000. Institutional investors and hedge funds own 52.54% of the company's stock.

Camping World Stock Performance

Camping World stock traded down $0.87 during mid-day trading on Friday, reaching $16.64. The company's stock had a trading volume of 2,917,616 shares, compared to its average volume of 1,781,764. Camping World has a 12-month low of $11.17 and a 12-month high of $25.97. The company has a market capitalization of $1.70 billion, a P/E ratio of -83.20 and a beta of 1.92. The company has a debt-to-equity ratio of 3.12, a quick ratio of 0.24 and a current ratio of 1.26. The firm's fifty day moving average price is $16.99 and its two-hundred day moving average price is $16.41.

Camping World (NYSE:CWH - Get Free Report) last released its quarterly earnings data on Tuesday, July 29th. The company reported $0.57 earnings per share for the quarter, missing analysts' consensus estimates of $0.58 by ($0.01). The business had revenue of $1.98 billion during the quarter, compared to analysts' expectations of $1.87 billion. Camping World had a negative net margin of 0.13% and a negative return on equity of 2.81%. The firm's quarterly revenue was up 9.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.38 earnings per share. Sell-side analysts predict that Camping World will post -0.66 EPS for the current fiscal year.

Camping World Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 29th. Stockholders of record on Monday, September 15th will be given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Monday, September 15th. Camping World's payout ratio is -250.00%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Truist Financial raised their price target on shares of Camping World from $16.00 to $20.00 and gave the company a "buy" rating in a research report on Tuesday, June 3rd. KeyCorp lifted their target price on shares of Camping World from $18.00 to $21.00 and gave the stock an "overweight" rating in a research report on Thursday, August 14th. Raymond James Financial dropped their target price on shares of Camping World from $20.00 to $18.00 and set an "outperform" rating on the stock in a research report on Thursday, July 31st. Citigroup restated a "buy" rating and set a $23.00 price target (up previously from $21.00) on shares of Camping World in a research note on Monday, June 16th. Finally, Zacks Research upgraded shares of Camping World from a "strong sell" rating to a "hold" rating in a research note on Friday, September 5th. Eight analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Camping World currently has an average rating of "Moderate Buy" and an average price target of $21.78.

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.