Econ Financial Services Corp Buys New Position in Camping World Holdings, Inc. (NYSE:CWH)

Econ Financial Services Corp bought a new position in shares of Camping World Holdings, Inc. (NYSE:CWH - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 50,778 shares of the company's stock, valued at approximately $1,070,000. Econ Financial Services Corp owned 0.06% of Camping World at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of CWH. Quest Partners LLC boosted its stake in shares of Camping World by 5,647.8% in 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 in the last quarter. Blue Trust Inc. boosted its position in Camping World by 195.0% in the fourth quarter. Blue Trust Inc. now owns 1,534 shares of the company's stock valued at $32,000 after buying an additional 1,014 shares in the last quarter. Truvestments Capital LLC bought a new stake in Camping World during the third quarter worth about $165,000. nVerses Capital LLC acquired a new stake in shares of Camping World during the third quarter worth approximately $191,000. Finally, Blueshift Asset Management LLC acquired a new position in shares of Camping World in the 3rd quarter worth approximately $214,000. Institutional investors and hedge funds own 52.54% of the company's stock.

Camping World Trading Down 2.0 %

Shares of NYSE:CWH traded down $0.45 during mid-day trading on Thursday, reaching $22.45. The stock had a trading volume of 825,361 shares, compared to its average volume of 1,181,552. The firm has a market cap of $1.91 billion, a PE ratio of -32.54, a price-to-earnings-growth ratio of 1.03 and a beta of 2.49. The firm has a 50 day simple moving average of $22.50 and a two-hundred day simple moving average of $22.43. 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 twelve month low of $17.29 and a twelve month high of $28.72.

Camping World Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Friday, December 13th were paid a $0.125 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $0.50 dividend on an annualized basis and a yield of 2.23%. Camping World's payout ratio is -72.46%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on CWH. Roth Mkm reaffirmed a "buy" rating and set a $28.00 price target (up from $26.00) on shares of Camping World in a report on Wednesday, October 30th. Truist Financial lowered their target price on Camping World from $28.00 to $26.00 and set a "buy" rating for the company in a research note on Tuesday, January 7th. Raymond James upgraded shares of Camping World from a "market perform" rating to an "outperform" rating and set a $27.00 price target on the stock in a research report on Wednesday, October 30th. JPMorgan Chase & Co. reaffirmed a "neutral" rating and issued a $24.00 target price (down from $25.00) on shares of Camping World in a research note on Monday, October 21st. Finally, StockNews.com raised shares of Camping World from a "sell" rating to a "hold" rating in a report on Thursday, November 14th. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $27.43.

About Camping World

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.