Wealth Enhancement Advisory Services LLC Has $4.41 Million Position in Camping World (NYSE:CWH)

Wealth Enhancement Advisory Services LLC reduced its stake in Camping World (NYSE:CWH - Free Report) by 20.5% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 273,143 shares of the company's stock after selling 70,319 shares during the quarter. Wealth Enhancement Advisory Services LLC owned approximately 0.27% of Camping World worth $4,414,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CWH. Cinctive Capital Management LP raised its position in shares of Camping World by 117.2% in the fourth quarter. Cinctive Capital Management LP now owns 125,031 shares of the company's stock valued at $2,636,000 after purchasing an additional 67,459 shares during the period. Vanguard Group Inc. raised its holdings in 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 position in shares of Camping World during the 4th quarter worth about $1,465,000. Charles Schwab Investment Management Inc. lifted its holdings in shares of Camping World by 26.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 827,823 shares of the company's stock worth $17,451,000 after buying an additional 175,554 shares during the last quarter. Finally, GAMMA Investing LLC raised its stake in Camping World by 6,485.8% during the 1st 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. 52.54% of the stock is currently owned by institutional investors and hedge funds.

Camping World Trading Up 2.9%

Shares of NYSE:CWH traded up $0.52 during trading on Friday, hitting $18.42. 2,859,427 shares of the company's stock were exchanged, compared to its average volume of 1,706,119. 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 firm has a market cap of $1.88 billion, a P/E ratio of -40.03 and a beta of 1.88. The firm has a 50-day moving average price of $16.22 and a two-hundred day moving average price of $18.35. Camping World has a 1-year low of $11.17 and a 1-year high of $25.97.

Camping World (NYSE:CWH - Get Free Report) last released its earnings results on Tuesday, April 29th. The company reported ($0.16) EPS for the quarter, topping analysts' consensus estimates of ($0.23) by $0.07. Camping World had a negative net margin of 0.47% and a negative return on equity of 8.66%. The firm had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.43 billion. During the same quarter in the previous year, the business earned ($0.40) EPS. The business's quarterly revenue was up 3.6% compared to the same quarter last year. Equities analysts predict that Camping World will post -0.66 earnings per share for the current year.

Camping World Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Friday, June 13th will be issued a $0.125 dividend. The ex-dividend date is Friday, June 13th. This represents a $0.50 annualized dividend and a yield of 2.72%. Camping World's dividend payout ratio (DPR) is presently -108.70%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on CWH shares. Citigroup reiterated a "buy" rating and issued a $23.00 price objective (up previously from $21.00) on shares of Camping World in a research report on Monday, June 16th. Robert W. Baird dropped their price target on Camping World from $18.00 to $15.00 and set a "neutral" rating for the company in a report on Thursday, May 1st. KeyCorp restated an "overweight" rating and set a $18.00 target price (up previously from $16.00) on shares of Camping World in a report on Friday, May 23rd. Baird R W cut Camping World from a "strong-buy" rating to a "hold" rating in a report on Friday, April 4th. Finally, Truist Financial raised their price objective 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. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $22.44.

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.