AE Wealth Management LLC slashed its holding of Camping World Holdings, Inc. (NYSE:CWH – Get Rating) shares by 58.0% in the first quarter, the company said in its most recent SEC filing. The fund owned 13,080 shares of the company after selling 18,082 shares during the period. AE Wealth Management LLC’s interests in Camping World were valued at $366,000 at the time of the last SEC filing.
Several other hedge funds have also added to or reduced their holdings in CWH. Millennium Management LLC increased its ownership of Camping World stock by 63.7% in the fourth quarter. Millennium Management LLC now owns 972,806 shares of the company’s stock valued at $39,301,000 after purchasing an additional 378,660 shares last quarter. Shell Asset Management Co. increased its stake in Camping World by 5,913.0% in the fourth quarter. Shell Asset Management Co. now owns 271,128 shares of the company’s stock valued at $10,954,000 after purchasing an additional 266,619 shares last quarter. SG Capital Management LLC acquired a new interest in Camping World valued at $5,707,000 during the fourth quarter. Zacks Investment Management purchased a new $5,621,000 stake in Camping World during the fourth quarter. Finally, Lane Generational LLC purchased a new $5,160,000 stake in Camping World during the fourth quarter. 84.47% of the shares are currently owned by institutional investors.
NYSE CWH shares opened at $23.45 on Monday. Camping World Holdings, Inc. has a 1 year low of $20.85 and a 1 year high of $46.77. The stock has a market cap of $1.95 billion, a P/E of 4.18, and a beta of 2.79. The company has a 50-day moving average of $25.80 and a 200-day moving average of $29.75. The company has a gearing ratio of 6.98, a current ratio of 1.33 and a quick ratio of 0.23.
Camping World (NYSE:CWH – Get Rating) last issued its quarterly earnings results on Tuesday, May 3rd. The company reported earnings per share (EPS) of $0.92 for the quarter, falling short of analyst consensus estimates of $1.22 ($0.30). Camping World had a net margin of 3.72% and a return on equity of 109.12%. The company made $1.66 billion in revenue for the quarter, compared to analysts’ expectations of $1.64 billion. For the same period last year, the company generated earnings per share of $1.40. The company’s revenue rose 6.7% year over year. Research analysts expect Camping World Holdings, Inc. to report earnings per share of 4.9 for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Wednesday, June 29th. Registered investors received a dividend of $0.625 per share on Tuesday, June 14th. The ex-dividend date was Monday June 13th. That equates to an annual dividend of $2.50 and a yield of 10.66%. Camping World’s Dividend Payout Ratio (DPR) is currently 44.56%.
A number of equities research analysts have issued reports on the stock. Truist Financial lowered its target price on Camping World shares to $26.00 in a report on Thursday, May 26. Raymond James lowered his price target on shares of Camping World from $45.00 to $40.00 in a research report on Wednesday, May 4th. StockNews.com acquired coverage of Camping World stock in a research report on Thursday, March 31st. They gave the company a “hold” rating. DA Davidson took over coverage of Camping World stock in a research note on Wednesday, April 13th. They issued a “neutral” rating and a target price of $29.00 on the company. Finally, TheStreet downgraded shares of Camping World from a “b-” rating to a “c+” rating in a research report on Monday, April 25. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of Hold and a consensus target of $37.50.
In other Camping World news, CEO Marcus Lemonis acquired 38,350 shares of the stock in a transaction that took place on Friday, June 10th. The stock was purchased at an average price of $26.36 per share for a total value of $1,010,906.00. Following the transaction, the Chief Executive Officer now directly owns 121,450 shares of the Company, valued at approximately $3,201,422. The transaction was disclosed in a legal filing with the Securities & Exchange Commission available at this hyperlink. Company insiders own 47.50% of the company’s shares.
Camping World profile (get rating)
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.
Receive News & Reviews for Camping World Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Camping World and related companies with MarketBeat.com’s FREE daily email newsletter.