RBF Capital LLC Takes Position in Camping World Holdings, Inc. (NYSE:CWH)

RBF Capital LLC acquired a new stake in Camping World Holdings, Inc. (NYSE:CWH - Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 44,929 shares of the company's stock, valued at approximately $1,088,000. RBF Capital LLC owned about 0.05% of Camping World at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Coronation Fund Managers Ltd. increased its holdings in Camping World by 42.8% in the second quarter. Coronation Fund Managers Ltd. now owns 228,676 shares of the company's stock valued at $4,084,000 after buying an additional 68,517 shares in the last quarter. Citigroup Inc. raised its holdings in Camping World by 22.6% in the 3rd quarter. Citigroup Inc. now owns 360,258 shares of the company's stock worth $8,725,000 after purchasing an additional 66,355 shares during the period. Eminence Capital LP boosted its position in Camping World by 79.8% during the second quarter. Eminence Capital LP now owns 4,344,303 shares of the company's stock worth $77,589,000 after purchasing an additional 1,927,977 shares in the last quarter. Cubist Systematic Strategies LLC grew its holdings in Camping World by 419.3% in the second quarter. Cubist Systematic Strategies LLC now owns 48,812 shares of the company's stock valued at $872,000 after purchasing an additional 39,412 shares during the period. Finally, Verdence Capital Advisors LLC increased its holdings in Camping World by 17.3% in the 2nd quarter. Verdence Capital Advisors LLC now owns 61,638 shares of the company's stock worth $1,101,000 after acquiring an additional 9,086 shares in the last quarter. 52.54% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

CWH has been the topic of several research analyst reports. StockNews.com upgraded Camping World from a "sell" rating to a "hold" rating in a report on Thursday, November 14th. Raymond James raised Camping World from a "market perform" rating to an "outperform" rating and set a $27.00 price objective for the company in a research note on Wednesday, October 30th. Roth Mkm reaffirmed a "buy" rating and set a $28.00 target price (up previously from $26.00) on shares of Camping World in a research note on Wednesday, October 30th. Truist Financial raised their price target on shares of Camping World from $26.00 to $28.00 and gave the stock a "buy" rating in a research note on Friday, September 20th. Finally, KeyCorp upped their price objective 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. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, Camping World presently has an average rating of "Moderate Buy" and a consensus price target of $27.75.

Camping World Stock Down 0.3 %

CWH traded down $0.06 during trading hours on Thursday, reaching $23.77. The company's stock had a trading volume of 363,423 shares, compared to its average volume of 1,090,735. The business's 50-day moving average is $23.13 and its 200-day moving average is $21.49. 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 fifty-two week low of $17.29 and a fifty-two week high of $28.72.

Camping World Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Shareholders of record on Friday, December 13th will be paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 2.10%. The ex-dividend date of this dividend is Friday, December 13th. Camping World's dividend payout ratio (DPR) is presently -72.46%.

Insider Buying and Selling

In related news, CEO Marcus Lemonis sold 125,000 shares of the company's stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of $22.84, for a total transaction of $2,855,000.00. Following the sale, the chief executive officer now directly owns 155,268 shares of the company's stock, valued at $3,546,321.12. This represents a 44.60 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 43.80% of the stock is currently owned by corporate insiders.

Camping World Company 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.