Gendell Jeffrey L Trims Stake in Camping World Holdings, Inc. (NYSE:CWH)

Gendell Jeffrey L lessened its holdings in Camping World Holdings, Inc. (NYSE:CWHFree Report) by 10.7% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 299,828 shares of the company’s stock after selling 36,072 shares during the period. Camping World accounts for approximately 0.4% of Gendell Jeffrey L’s portfolio, making the stock its 28th largest holding. Gendell Jeffrey L owned approximately 0.36% of Camping World worth $7,873,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Swiss National Bank increased its holdings in shares of Camping World by 1.0% in the 3rd quarter. Swiss National Bank now owns 92,800 shares of the company’s stock worth $1,894,000 after buying an additional 900 shares during the last quarter. Rafferty Asset Management LLC grew its holdings in shares of Camping World by 6.6% during the 3rd quarter. Rafferty Asset Management LLC now owns 20,562 shares of the company’s stock valued at $420,000 after purchasing an additional 1,279 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Camping World by 9.8% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 19,181 shares of the company’s stock valued at $504,000 after purchasing an additional 1,712 shares during the last quarter. Truvestments Capital LLC grew its holdings in shares of Camping World by 2.2% during the 3rd quarter. Truvestments Capital LLC now owns 83,484 shares of the company’s stock valued at $1,704,000 after purchasing an additional 1,770 shares during the last quarter. Finally, Raymond James & Associates grew its holdings in shares of Camping World by 16.8% during the 4th quarter. Raymond James & Associates now owns 29,522 shares of the company’s stock valued at $775,000 after purchasing an additional 4,256 shares during the last quarter. 52.54% of the stock is currently owned by hedge funds and other institutional investors.

Camping World Stock Down 4.3 %

NYSE:CWH traded down $0.83 on Thursday, reaching $18.65. 343,368 shares of the stock traded hands, compared to its average volume of 961,052. The company has a market capitalization of $1.58 billion, a price-to-earnings ratio of -471.88 and a beta of 2.57. The company has a current ratio of 1.19, a quick ratio of 0.17 and a debt-to-equity ratio of 11.24. Camping World Holdings, Inc. has a 12 month low of $16.18 and a 12 month high of $32.88. The company’s fifty day simple moving average is $21.31 and its 200 day simple moving average is $24.08.

Camping World (NYSE:CWHGet Free Report) last released its quarterly earnings data on Wednesday, May 1st. The company reported ($0.46) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.45) by ($0.01). The firm had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.43 billion. Camping World had a net margin of 0.09% and a negative return on equity of 2.39%. Equities analysts predict that Camping World Holdings, Inc. will post 0.83 EPS for the current fiscal year.

Camping World Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 27th. Stockholders of record on Thursday, June 13th will be paid a $0.125 dividend. The ex-dividend date is Thursday, June 13th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.68%. Camping World’s dividend payout ratio is presently -1,249.69%.

Analysts Set New Price Targets

CWH has been the subject of several analyst reports. Truist Financial dropped their price target on shares of Camping World from $30.00 to $28.00 and set a “buy” rating for the company in a research report on Friday, May 3rd. Roth Mkm reissued a “buy” rating and set a $28.00 price target (down previously from $30.00) on shares of Camping World in a research report on Friday, May 3rd. KeyCorp dropped their price target on shares of Camping World from $30.00 to $26.00 and set an “overweight” rating for the company in a research report on Friday, May 3rd. Finally, StockNews.com cut shares of Camping World from a “hold” rating to a “sell” rating in a research report on Friday, May 10th. One analyst has rated the stock with a sell rating, one has issued a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $29.67.

Read Our Latest Report on Camping World

Insider Transactions at Camping World

In other news, CEO Marcus Lemonis sold 100,000 shares of Camping World stock in a transaction that occurred on Friday, March 15th. The shares were sold at an average price of $25.63, for a total value of $2,563,000.00. Following the completion of the sale, the chief executive officer now directly owns 405,268 shares in the company, valued at $10,387,018.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 43.80% of the company’s stock.

Camping World 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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Institutional Ownership by Quarter for Camping World (NYSE:CWH)

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