Telos Capital Management Inc. Sells 10,000 Shares of Camping World $CWH

Telos Capital Management Inc. lessened its stake in shares of Camping World (NYSE:CWH) by 40.0% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,000 shares of the company’s stock after selling 10,000 shares during the period. Telos Capital Management Inc.’s holdings in Camping World were worth $258,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in CWH. Jump Financial LLC raised its position in shares of Camping World by 210.1% during the 1st quarter. Jump Financial LLC now owns 217,090 shares of the company’s stock valued at $3,508,000 after buying an additional 147,075 shares in the last quarter. Deutsche Bank AG raised its position in shares of Camping World by 24.4% during the 1st quarter. Deutsche Bank AG now owns 593,059 shares of the company’s stock valued at $9,584,000 after buying an additional 116,292 shares in the last quarter. GW&K Investment Management LLC purchased a new stake in shares of Camping World during the 1st quarter valued at about $1,831,000. Vanguard Group Inc. raised its position in shares of Camping World by 4.3% during the 1st quarter. Vanguard Group Inc. now owns 6,034,743 shares of the company’s stock valued at $97,521,000 after buying an additional 247,134 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd purchased a new stake in shares of Camping World during the 1st quarter valued at about $377,000. Institutional investors own 52.54% of the company’s stock.

Camping World Stock Performance

Camping World stock opened at $12.93 on Tuesday. The company has a debt-to-equity ratio of 3.12, a current ratio of 1.26 and a quick ratio of 0.24. Camping World has a 1-year low of $11.17 and a 1-year high of $25.97. The firm has a market capitalization of $1.32 billion, a P/E ratio of -13.90 and a beta of 1.92. The company’s 50-day moving average is $16.22 and its 200 day moving average is $16.46.

Camping World (NYSE:CWH) last posted its quarterly earnings data on Tuesday, October 28th. The company reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.10. Camping World had a negative net margin of 0.85% and a positive return on equity of 3.79%. The company had revenue of $1.81 billion for the quarter, compared to analyst estimates of $1.75 billion. During the same period in the prior year, the company posted $0.17 EPS. The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. Research analysts forecast that Camping World will post -0.66 EPS for the current year.

Camping World Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 15th were paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date was Monday, September 15th. Camping World’s dividend payout ratio is currently -53.76%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on CWH. Raymond James Financial decreased their target price on shares of Camping World from $18.00 to $15.00 and set an “outperform” rating on the stock in a research report on Thursday, October 30th. KeyCorp decreased their target price on shares of Camping World from $21.00 to $18.00 and set an “overweight” rating on the stock in a research report on Thursday, October 30th. Weiss Ratings restated a “sell (d+)” rating on shares of Camping World in a research report on Wednesday, October 8th. BMO Capital Markets restated an “outperform” rating and set a $22.00 target price on shares of Camping World in a research report on Thursday. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Camping World from $22.00 to $19.00 and set an “overweight” rating on the stock in a research report on Monday. Nine research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Camping World has an average rating of “Moderate Buy” and a consensus price target of $19.40.

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.