Geode Capital Management LLC Acquires 41,705 Shares of Camping World Holdings, Inc. (NYSE:CWH)

Geode Capital Management LLC increased its position in Camping World Holdings, Inc. (NYSE:CWH - Free Report) by 4.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 978,330 shares of the company's stock after purchasing an additional 41,705 shares during the quarter. Geode Capital Management LLC owned approximately 1.15% of Camping World worth $23,701,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Bank of New York Mellon Corp boosted its position in shares of 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 period. Telos Capital Management Inc. acquired a new position in shares of Camping World during the 2nd quarter worth approximately $196,000. Game Plan Financial Advisors LLC increased its holdings in shares of Camping World by 142.1% during the second quarter. Game Plan Financial Advisors LLC now owns 60,954 shares of the company's stock worth $1,089,000 after purchasing an additional 35,779 shares during the period. Rhumbline Advisers raised its position in shares of Camping World by 5.3% in the second quarter. Rhumbline Advisers now owns 61,138 shares of the company's stock valued at $1,092,000 after buying an additional 3,099 shares in the last quarter. Finally, SFE Investment Counsel boosted its stake in shares of Camping World by 13.3% in the second quarter. SFE Investment Counsel now owns 157,179 shares of the company's stock valued at $2,807,000 after buying an additional 18,415 shares during the period. 52.54% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CWH has been the topic of a number of recent research reports. Bank of America began coverage on Camping World in a research note on Thursday, December 19th. They set a "buy" rating and a $30.00 price objective on the stock. KeyCorp raised 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. JPMorgan Chase & Co. reaffirmed a "neutral" rating and set a $24.00 price objective (down previously from $25.00) on shares of Camping World in a research report on Monday, October 21st. Monness Crespi & Hardt raised their target price on shares of Camping World from $24.00 to $30.00 and gave the company a "buy" rating in a report on Friday, September 27th. Finally, StockNews.com upgraded shares of Camping World from a "sell" rating to a "hold" rating in a research report on Thursday, November 14th. Two analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $28.00.

Camping World Price Performance

Shares of Camping World stock traded down $0.76 during midday trading on Friday, hitting $20.75. 1,289,082 shares of the company traded hands, compared to its average volume of 1,102,146. The stock has a market cap of $1.76 billion, a price-to-earnings ratio of -30.07 and a beta of 2.49. The company has a debt-to-equity ratio of 9.67, a quick ratio of 0.19 and a current ratio of 1.23. The firm's fifty day moving average price is $22.72 and its 200-day moving average price is $21.78. Camping World Holdings, Inc. has a 12 month low of $17.29 and a 12 month high of $28.72.

Camping World Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 30th. Stockholders of record on Friday, December 13th will be paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.41%. The ex-dividend date of this dividend is Friday, December 13th. Camping World's payout ratio is -72.46%.

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.