Venture Visionary Partners LLC Decreases Stock Holdings in Camping World Holdings, Inc. (NYSE:CWH)

Venture Visionary Partners LLC cut its holdings in Camping World Holdings, Inc. (NYSE:CWH - Free Report) by 90.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,474 shares of the company's stock after selling 95,086 shares during the quarter. Venture Visionary Partners LLC's holdings in Camping World were worth $254,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Vanguard Group Inc. lifted its position in shares of Camping World by 3.1% during the fourth quarter. Vanguard Group Inc. now owns 4,035,275 shares of the company's stock valued at $105,966,000 after buying an additional 122,856 shares during the last quarter. SG Capital Management LLC purchased a new stake in shares of Camping World during the first quarter valued at about $3,889,000. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of Camping World during the first quarter valued at about $9,403,000. Capital Research Global Investors increased its holdings in shares of Camping World by 31.2% during the first quarter. Capital Research Global Investors now owns 2,159,037 shares of the company's stock valued at $60,129,000 after acquiring an additional 513,320 shares in the last quarter. Finally, Coronation Fund Managers Ltd. increased its holdings in shares of Camping World by 42.8% during the second 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 in the last quarter. 52.54% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Camping World news, CEO Marcus Lemonis sold 125,000 shares of the company's stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of $22.84, for a total value of $2,855,000.00. Following the sale, the chief executive officer now owns 155,268 shares in the company, valued at approximately $3,546,321.12. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 43.80% of the company's stock.

Wall Street Analyst Weigh In

CWH has been the topic of several recent analyst reports. Roth Mkm cut their price objective on shares of Camping World from $28.00 to $26.00 and set a "buy" rating on the stock in a report on Monday, August 5th. KeyCorp cut their price objective on shares of Camping World from $26.00 to $25.00 and set an "overweight" rating on the stock in a report on Friday, August 2nd. 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 report on Monday. Monness Crespi & Hardt upped their price objective 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, Truist Financial upped their price objective on shares of Camping World from $26.00 to $28.00 and gave the company a "buy" rating in a report on Friday, September 20th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, Camping World currently has a consensus rating of "Moderate Buy" and an average price target of $27.29.

Camping World Stock Performance

NYSE:CWH traded up $0.33 during midday trading on Thursday, hitting $21.16. The company's stock had a trading volume of 1,299,572 shares, compared to its average volume of 973,832. Camping World Holdings, Inc. has a fifty-two week low of $16.18 and a fifty-two week high of $28.72. The firm's 50 day moving average is $22.70 and its 200-day moving average is $21.25. The company has a debt-to-equity ratio of 10.08, a current ratio of 1.19 and a quick ratio of 0.19. The firm has a market cap of $1.79 billion, a P/E ratio of -529.00 and a beta of 2.47.

Camping World (NYSE:CWH - Get Free Report) last issued its quarterly earnings results on Wednesday, July 31st. The company reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.10). Camping World had a negative return on equity of 10.04% and a negative net margin of 0.22%. The business had revenue of $1.80 billion during the quarter, compared to analyst estimates of $1.87 billion. During the same quarter last year, the company posted $0.60 EPS. Camping World's quarterly revenue was down 5.3% compared to the same quarter last year. Equities analysts anticipate that Camping World Holdings, Inc. will post -0.6 earnings per share for the current fiscal year.

Camping World Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 25th. Shareholders of record on Friday, September 13th were given a $0.125 dividend. The ex-dividend date was Friday, September 13th. This represents a $0.50 annualized dividend and a yield of 2.36%. Camping World's dividend payout ratio is presently -1,250.00%.

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.