BNP Paribas Financial Markets trimmed its holdings in Camping World Holdings, Inc. (NYSE:CWH - Free Report) by 18.9% in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 128,148 shares of the company's stock after selling 29,896 shares during the quarter. BNP Paribas Financial Markets owned about 0.15% of Camping World worth $3,104,000 at the end of the most recent reporting period.
A number of other hedge funds have also bought and sold shares of the business. Moors & Cabot Inc. boosted its stake in shares of Camping World by 2.9% in the 2nd quarter. Moors & Cabot Inc. now owns 19,065 shares of the company's stock worth $340,000 after buying an additional 531 shares during the last quarter. Creative Planning boosted its position in Camping World by 8.7% in the third quarter. Creative Planning now owns 11,133 shares of the company's stock worth $270,000 after purchasing an additional 892 shares during the last quarter. Verdence Capital Advisors LLC grew its stake in shares of Camping World by 1.6% during the 3rd quarter. Verdence Capital Advisors LLC now owns 62,603 shares of the company's stock valued at $1,516,000 after purchasing an additional 965 shares during the period. Quest Partners LLC increased its position in shares of Camping World by 5,647.8% during the 3rd quarter. Quest Partners LLC now owns 1,322 shares of the company's stock valued at $32,000 after purchasing an additional 1,299 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its stake in shares of Camping World by 8.2% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 19,560 shares of the company's stock worth $545,000 after purchasing an additional 1,477 shares during the period. Hedge funds and other institutional investors own 52.54% of the company's stock.
Insider Buying and Selling
In related news, CEO Marcus Lemonis sold 125,000 shares of the business's stock in a transaction on Friday, September 13th. The shares were sold at an average price of $22.84, for a total value of $2,855,000.00. Following the sale, the chief executive officer now owns 155,268 shares in the company, valued at approximately $3,546,321.12. The trade was a 44.60 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 43.80% of the stock is owned by company insiders.
Camping World Price Performance
Shares of NYSE:CWH traded up $0.72 during midday trading on Friday, reaching $24.71. 1,142,992 shares of the company were exchanged, compared to its average volume of 1,093,837. The company has a current ratio of 1.23, a quick ratio of 0.19 and a debt-to-equity ratio of 9.67. The stock has a market cap of $2.10 billion, a PE ratio of -35.81 and a beta of 2.49. The business's fifty day moving average is $23.11 and its two-hundred day moving average is $21.54. Camping World Holdings, Inc. has a one year low of $17.29 and a one year high of $28.72.
Camping World Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Stockholders of record on Friday, December 13th will be issued a $0.125 dividend. The ex-dividend date is Friday, December 13th. This represents a $0.50 annualized dividend and a dividend yield of 2.02%. Camping World's dividend payout ratio (DPR) is -72.46%.
Analysts Set New Price Targets
A number of analysts have commented on the stock. JPMorgan Chase & Co. reaffirmed a "neutral" rating and set a $24.00 target price (down from $25.00) on shares of Camping World in a report on Monday, October 21st. Roth Mkm reiterated a "buy" rating and set a $28.00 target price (up from $26.00) on shares of Camping World in a research report on Wednesday, October 30th. KeyCorp upped their price target on Camping World from $25.00 to $27.00 and gave the stock an "overweight" rating in a research report on Wednesday, October 30th. Raymond James raised Camping World from a "market perform" rating to an "outperform" rating and set a $27.00 price objective on the stock in a research report on Wednesday, October 30th. Finally, StockNews.com raised shares of Camping World from a "sell" rating to a "hold" rating in a report on Thursday, November 14th. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $27.75.
Check Out Our Latest Research Report on CWH
Camping World Company Profile
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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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