364,972 Shares in Tenting World Holdings, Inc. (NYSE:CWH) Acquired by Victory Capital Administration Inc.

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Victory Capital Management Inc. acquired a new position in Camping World Holdings, Inc. (NYSE:CWH – Get Rating) stock during the first quarter, according to its recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 364,972 shares of the company’s stock for approximately $9,372,000. Victory Capital Management Inc. owned approximately 0.43% of Camping World at the end of the most recent reporting period.

Other institutional investors and hedge funds have also changed their holdings in the company. Shay Capital LLC increased its stake in Camping World by 5.1% in the fourth quarter. Shay Capital LLC now owns 6,209 shares of the company’s stock valued at $251,000 after purchasing an additional 301 shares during the period. Rafferty Asset Management LLC increased its holding in Camping World by 1.5% in the fourth quarter. Rafferty Asset Management LLC now owns 24,481 shares of the company’s stock valued at $989,000 after purchasing an additional 364 shares during the period. Geneos Wealth Management Inc. increased its stake in Camping World by 413.2% in the fourth quarter. Geneos Wealth Management Inc. now owns 621 shares of the company’s stock valued at $25,000 after purchasing an additional 500 shares during the period. Sigma Planning Corp increased its stake in Camping World by 8.0% in the first quarter. Sigma Planning Corp now owns 8,115 shares of the company’s stock valued at $227,000 after purchasing an additional 600 shares during the period. Finally, Belpointe Asset Management LLC increased its stake in Camping World by 2.6% during the fourth quarter. Belpointe Asset Management LLC now owns 26,695 shares of the company’s stock valued at $1,078,000 after purchasing an additional 680 shares during the period. 84.47% of the shares are owned by institutional investors.

Camping World stock performance

CWH shares opened at $29.02 on Monday. Camping World Holdings, Inc. has a 12-month low of $20.85 and a 12-month high of $46.77. The company has a 50-day simple moving average of $24.99 and a 200-day simple moving average of $28.00. The stock has a market cap of $2.41 billion, a price-to-earnings ratio of 5.49 and a beta of 2.79. The company has a current ratio of 1.39, a quick ratio of 0.23 and a debt-to-equity ratio of 4.96.

Camping World (NYSE:CWH – Get Rating) last reported its earnings results on Tuesday, August 2nd. The company reported $2.16 per share for the quarter, beating the consensus estimate of $1.95 by $0.21. Camping World had a net margin of 3.31% and a return on equity of 87.92%. In the same quarter last year, the company generated earnings per share of $2.40. Research analysts are forecasting that Camping World Holdings, Inc. will post 5.04 EPS for the current fiscal year.

Camping World announces dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 29th. Stockholders of record on Tuesday, June 14 received a dividend of $0.625 per share. That equates to an annualized dividend of $2.50 and a yield of 8.61%. The ex-dividend date of this dividend was Monday June 13th. Camping World’s Dividend Payout Ratio (DPR) is currently 47.26%.

Insiders place their bets

In addition, CEO Marcus Lemonis acquired 38,350 shares of the company’s shares in a transaction on Friday, June 10th. Shares were purchased at an average price of $26.36 per share for a total value of $1,010,906.00. Upon completion of the transaction, the Chief Executive Officer now owns 121,450 shares of the Company, valued at approximately $3,201,422. The transaction was disclosed in a filing with the SEC available at this link. Insiders own 47.50% of the company’s shares.

Analysts set new price targets

CWH has been the subject of a number of analyst reports. DA Davidson opened coverage of Camping World stock in a report on Wednesday, April 13. They put a “Neutral” rating and a price target of $29.00 on the company. Raymond James raised his price target on Camping World shares to $36.00 from $32.00 and gave the company an outperform rating in a report on Thursday. TheStreet downgraded shares of Camping World from a “b-” rating to a “c+” rating in a report Monday, April 25. Monness Crespi & Hardt raised its target price on Camping World shares to $36.00 from $32.00 and gave the company a “buy” rating in a report Thursday. Finally, Truist Financial lowered its target price on shares of Camping World to $26.00 in a report on Thursday, May 26. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, Camping World currently has an average rating of Hold and a consensus target of $37.50.

About camping world

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Camping World Holdings, Inc, through its subsidiaries, sells recreational vehicles (RVs) and related products and services. It operates through two segments, Good Sam Services and Plans; and RV and outdoor retail. The Company offers a portfolio of services, protection plans, products and resources in the RV industry.

Further reading

Want to see what other hedge funds are holding CWH? Visit HoldingsChannel.com for the latest 13F filings and insider trading for Camping World Holdings, Inc. (NYSE:CWH – Get Rating).

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