FMR LLC cut its holdings in shares of Camping World Holdings, Inc. (NYSE:CWH - Free Report) by 3.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,439,583 shares of the company's stock after selling 128,274 shares during the period. FMR LLC owned about 4.05% of Camping World worth $83,307,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also modified their holdings of the company. Price T Rowe Associates Inc. MD increased its holdings in Camping World by 8.2% during 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 last quarter. Cetera Advisors LLC raised its holdings in Camping World by 33.3% in the first quarter. Cetera Advisors LLC now owns 31,542 shares of the company's stock valued at $878,000 after acquiring an additional 7,881 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in Camping World by 3.9% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 350,881 shares of the company's stock valued at $6,267,000 after acquiring an additional 13,266 shares during the last quarter. Coronation Fund Managers Ltd. boosted its stake in Camping World by 42.8% during the 2nd quarter. Coronation Fund Managers Ltd. now owns 228,676 shares of the company's stock valued at $4,084,000 after acquiring an additional 68,517 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in Camping World by 6.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 336,682 shares of the company's stock worth $6,013,000 after acquiring an additional 21,842 shares in the last quarter. 52.54% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of brokerages have recently issued reports on CWH. KeyCorp upped their target price on shares of Camping World from $25.00 to $27.00 and gave the company an "overweight" rating in a research note on Wednesday, October 30th. JPMorgan Chase & Co. restated a "neutral" rating and set a $24.00 price objective (down previously from $25.00) on shares of Camping World in a research note on Monday, October 21st. StockNews.com upgraded Camping World from a "sell" rating to a "hold" rating in a research report on Thursday, November 14th. Roth Mkm reissued a "buy" rating and set a $28.00 price target (up from $26.00) on shares of Camping World in a research report on Wednesday, October 30th. Finally, Monness Crespi & Hardt lifted their price objective on shares of Camping World from $24.00 to $30.00 and gave the stock a "buy" rating in a report on Friday, September 27th. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $27.75.
Get Our Latest Stock Report on Camping World
Camping World Stock Performance
CWH traded up $0.72 during trading on Friday, reaching $24.71. 1,142,992 shares of the company were exchanged, compared to its average volume of 1,093,837. Camping World Holdings, Inc. has a 52 week low of $17.29 and a 52 week high of $28.72. 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 firm has a 50 day moving average of $23.11 and a 200 day moving average of $21.51. The stock has a market cap of $2.10 billion, a P/E ratio of -34.75 and a beta of 2.49.
Camping World Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Friday, December 13th will be issued a $0.125 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.02%. Camping World's dividend payout ratio (DPR) is presently -72.46%.
Insider Activity at Camping World
In related news, CEO Marcus Lemonis sold 121,450 shares of the firm's 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 sale, the chief executive officer now directly owns 155,268 shares in the company, valued at $3,384,842.40. This trade represents a 43.89 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 43.80% of the stock is currently owned by insiders.
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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