Camping World Holdings, Inc. (NYSE:CWH) Shares Bought by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. grew its position in Camping World Holdings, Inc. (NYSE:CWH - Free Report) by 26.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 827,823 shares of the company's stock after acquiring an additional 175,554 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.97% of Camping World worth $17,451,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. A&I Financial Services LLC purchased a new position in Camping World during the fourth quarter worth approximately $479,000. Versor Investments LP acquired a new position in Camping World in the 4th quarter valued at about $266,000. Proficio Capital Partners LLC purchased a new stake in shares of Camping World in the 4th quarter valued at approximately $239,000. Camelot Portfolios LLC raised its position in shares of Camping World by 3.7% during the 4th quarter. Camelot Portfolios LLC now owns 14,100 shares of the company's stock valued at $297,000 after buying an additional 500 shares during the period. Finally, Handelsbanken Fonder AB lifted its holdings in Camping World by 48.5% in the fourth quarter. Handelsbanken Fonder AB now owns 14,700 shares of the company's stock valued at $310,000 after acquiring an additional 4,800 shares during the last quarter. Hedge funds and other institutional investors own 52.54% of the company's stock.

Camping World Stock Up 5.2 %

NYSE:CWH traded up $0.88 during midday trading on Monday, reaching $17.76. The company had a trading volume of 1,788,963 shares, compared to its average volume of 1,186,394. The stock's fifty day simple moving average is $20.81 and its 200-day simple moving average is $22.10. The company has a current ratio of 1.23, a quick ratio of 0.19 and a debt-to-equity ratio of 9.67. Camping World Holdings, Inc. has a 12-month low of $15.39 and a 12-month high of $28.33. The firm has a market capitalization of $1.81 billion, a price-to-earnings ratio of -25.74, a PEG ratio of 0.92 and a beta of 2.57.

Remove Ads

Camping World (NYSE:CWH - Get Free Report) last issued its earnings results on Tuesday, February 25th. The company reported ($0.55) earnings per share for the quarter, meeting the consensus estimate of ($0.55). Camping World had a negative net margin of 0.40% and a negative return on equity of 23.77%. The firm had revenue of $1.20 billion for the quarter, compared to analysts' expectations of $1.13 billion. On average, sell-side analysts anticipate that Camping World Holdings, Inc. will post -0.66 earnings per share for the current fiscal year.

Camping World Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Friday, March 14th will be paid a $0.125 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.50 annualized dividend and a yield of 2.81%. Camping World's dividend payout ratio is currently -65.79%.

Insider Activity at Camping World

In other Camping World news, President Matthew D. Wagner purchased 5,725 shares of Camping World stock in a transaction that occurred on Tuesday, March 4th. The stock was purchased at an average price of $17.61 per share, for a total transaction of $100,817.25. Following the transaction, the president now directly owns 300,640 shares in the company, valued at $5,294,270.40. This trade represents a 1.94 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 43.80% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Truist Financial upped their price target on Camping World from $26.00 to $28.00 and gave the company a "buy" rating in a research note on Monday, February 10th. Bank of America began coverage on shares of Camping World in a research report on Thursday, December 19th. They set a "buy" rating and a $30.00 price target for the company. Finally, KeyCorp decreased their price objective on shares of Camping World from $27.00 to $22.00 and set an "overweight" rating on the stock in a report on Thursday. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, Camping World has an average rating of "Moderate Buy" and a consensus target price of $27.00.

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.