Charles Schwab Investment Management Inc. Acquires 65,798 Shares of Camping World Holdings, Inc. (NYSE:CWH)

Charles Schwab Investment Management Inc. raised its position in Camping World Holdings, Inc. (NYSE:CWH - Free Report) by 11.2% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 652,269 shares of the company's stock after buying an additional 65,798 shares during the period. Charles Schwab Investment Management Inc. owned about 0.77% of Camping World worth $15,798,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Eminence Capital LP raised its holdings in Camping World by 79.8% during the 2nd quarter. Eminence Capital LP now owns 4,344,303 shares of the company's stock worth $77,589,000 after purchasing an additional 1,927,977 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Camping World by 20.3% during the second quarter. Dimensional Fund Advisors LP now owns 718,578 shares of the company's stock worth $12,834,000 after buying an additional 121,022 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in Camping World by 3.9% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 350,881 shares of the company's stock valued at $6,267,000 after buying an additional 13,266 shares during the period. Bank of New York Mellon Corp boosted its stake in Camping World by 6.9% in the second quarter. Bank of New York Mellon Corp now owns 336,682 shares of the company's stock valued at $6,013,000 after acquiring an additional 21,842 shares during the last quarter. Finally, Coronation Fund Managers Ltd. grew its holdings in Camping World by 42.8% during the 2nd quarter. Coronation Fund Managers Ltd. now owns 228,676 shares of the company's stock worth $4,084,000 after acquiring an additional 68,517 shares during the period. Institutional investors own 52.54% of the company's stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on CWH. Monness Crespi & Hardt increased their price target on Camping World from $24.00 to $30.00 and gave the company a "buy" rating in a research note on Friday, September 27th. Roth Mkm reissued a "buy" rating and issued a $28.00 target price (up previously from $26.00) on shares of Camping World in a research note on Wednesday, October 30th. JPMorgan Chase & Co. restated a "neutral" rating and set a $24.00 target price (down from $25.00) on shares of Camping World in a research report on Monday, October 21st. KeyCorp increased their price target on shares of Camping World from $25.00 to $27.00 and gave the company an "overweight" rating in a research report on Wednesday, October 30th. Finally, StockNews.com upgraded 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 assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $27.75.

Camping World Stock Up 2.9 %

CWH stock traded up $0.70 during mid-day trading on Friday, hitting $24.69. 1,143,094 shares of the company were exchanged, compared to its average volume of 1,133,897. The company has a debt-to-equity ratio of 9.67, a quick ratio of 0.19 and a current ratio of 1.23. Camping World Holdings, Inc. has a 1-year low of $17.29 and a 1-year high of $28.72. The firm's 50 day simple moving average is $23.11 and its 200 day simple moving average is $21.56. The firm has a market cap of $2.10 billion, a P/E ratio of -35.78 and a beta of 2.49.

Camping World Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Shareholders of record on Friday, December 13th will be issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 2.03%. The ex-dividend date of this dividend is Friday, December 13th. Camping World's dividend payout ratio (DPR) is presently -72.46%.

Insider Activity at Camping World

In other news, CEO Marcus Lemonis sold 121,450 shares of the stock in a transaction that occurred on Wednesday, September 11th. The stock was sold at an average price of $21.80, for a total value of $2,647,610.00. Following the completion of the sale, the chief executive officer now owns 155,268 shares of the company's stock, valued at approximately $3,384,842.40. This represents a 43.89 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 43.80% of the stock is owned by insiders.

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.