Wealth Enhancement Advisory Services LLC lowered its holdings in Camping World (NYSE:CWH - Free Report) by 20.5% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 273,143 shares of the company's stock after selling 70,319 shares during the period. Wealth Enhancement Advisory Services LLC owned approximately 0.27% of Camping World worth $4,414,000 as of its most recent SEC filing.
A number of other hedge funds also recently modified their holdings of the business. Vanguard Group Inc. lifted its holdings in shares of Camping World by 39.2% in the fourth quarter. Vanguard Group Inc. now owns 5,787,609 shares of the company's stock valued at $122,003,000 after purchasing an additional 1,630,307 shares in the last quarter. Eminence Capital LP lifted its holdings in shares of Camping World by 6.9% in the fourth quarter. Eminence Capital LP now owns 4,110,205 shares of the company's stock valued at $86,643,000 after purchasing an additional 264,935 shares in the last quarter. Capital Research Global Investors lifted its holdings in shares of Camping World by 39.8% in the fourth quarter. Capital Research Global Investors now owns 3,422,710 shares of the company's stock valued at $72,151,000 after purchasing an additional 975,168 shares in the last quarter. Hood River Capital Management LLC purchased a new stake in shares of Camping World in the fourth quarter valued at $62,142,000. Finally, Interval Partners LP lifted its holdings in shares of Camping World by 71.8% in the fourth quarter. Interval Partners LP now owns 2,875,845 shares of the company's stock valued at $60,623,000 after purchasing an additional 1,202,258 shares in the last quarter. Hedge funds and other institutional investors own 52.54% of the company's stock.
Camping World Stock Up 2.9%
Camping World stock traded up $0.52 during mid-day trading on Friday, hitting $18.42. 2,859,427 shares of the company's stock were exchanged, compared to its average volume of 1,708,035. The company has a current ratio of 1.26, a quick ratio of 0.19 and a debt-to-equity ratio of 3.53. The stock has a market cap of $1.88 billion, a P/E ratio of -40.03 and a beta of 1.87. Camping World has a 1-year low of $11.17 and a 1-year high of $25.97. The stock has a 50 day moving average of $16.22 and a two-hundred day moving average of $18.28.
Camping World (NYSE:CWH - Get Free Report) last posted its earnings results on Tuesday, April 29th. The company reported ($0.16) EPS for the quarter, topping the consensus estimate of ($0.23) by $0.07. The firm 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%. The business's quarterly revenue was up 3.6% on a year-over-year basis. During the same period in the prior year, the business posted ($0.40) earnings per share. As a group, analysts anticipate that Camping World will post -0.66 EPS for the current fiscal year.
Camping World Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, June 27th. Shareholders of record on Friday, June 13th were given a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 2.72%. The ex-dividend date of this dividend was Friday, June 13th. Camping World's payout ratio is -108.70%.
Analysts Set New Price Targets
A number of research firms have recently issued reports on CWH. Citigroup restated a "buy" rating and issued a $23.00 target price (up previously from $21.00) on shares of Camping World in a report on Monday, June 16th. Truist Financial increased their price objective on Camping World from $16.00 to $20.00 and gave the stock a "buy" rating in a report on Tuesday, June 3rd. Monness Crespi & Hardt cut their price objective on Camping World from $30.00 to $20.00 and set a "buy" rating for the company in a report on Thursday, May 1st. Baird R W lowered Camping World from a "strong-buy" rating to a "hold" rating in a report on Friday, April 4th. Finally, JPMorgan Chase & Co. upgraded Camping World from a "neutral" rating to an "overweight" rating and cut their price objective for the stock from $23.00 to $21.00 in a report on Thursday, May 1st. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, Camping World currently has an average rating of "Moderate Buy" and a consensus price target of $22.44.
Check Out Our Latest Stock Analysis on Camping World
Camping World Company Profile
(
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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