Stifel Financial Corp Sells 38,046 Shares of Camping World Holdings, Inc. (NYSE:CWH)

Stifel Financial Corp cut its stake in Camping World Holdings, Inc. (NYSE:CWH - Free Report) by 37.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 63,830 shares of the company's stock after selling 38,046 shares during the quarter. Stifel Financial Corp owned approximately 0.08% of Camping World worth $1,546,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. RBF Capital LLC bought a new position in Camping World during the third quarter valued at approximately $1,088,000. Parallax Volatility Advisers L.P. bought a new position in shares of Camping World during the 3rd quarter valued at $393,000. Holocene Advisors LP raised its holdings in shares of Camping World by 75.8% during the 3rd quarter. Holocene Advisors LP now owns 107,347 shares of the company's stock valued at $2,600,000 after purchasing an additional 46,273 shares in the last quarter. Verition Fund Management LLC boosted its holdings in Camping World by 437.0% in the third quarter. Verition Fund Management LLC now owns 55,051 shares of the company's stock worth $1,333,000 after purchasing an additional 44,800 shares in the last quarter. Finally, Blueshift Asset Management LLC acquired a new position in Camping World during the third quarter worth $214,000. 52.54% of the stock is currently owned by hedge funds and other institutional investors.

Camping World Stock Performance

Shares of NYSE CWH traded up $1.02 during mid-day trading on Friday, hitting $21.31. The company had a trading volume of 2,727,522 shares, compared to its average volume of 1,104,562. Camping World Holdings, Inc. has a 12 month low of $17.29 and a 12 month high of $28.72. The firm has a market cap of $1.81 billion, a P/E ratio of -30.88 and a beta of 2.49. The business's 50-day simple moving average is $22.97 and its 200-day simple moving average is $21.76. The company has a debt-to-equity ratio of 9.67, a current ratio of 1.23 and a quick ratio of 0.19.

Camping World Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 30th. Shareholders of record on Friday, December 13th will be given 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 2.35%. Camping World's dividend payout ratio is currently -72.46%.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. JPMorgan Chase & Co. reiterated a "neutral" rating and set a $24.00 price target (down previously from $25.00) on shares of Camping World in a research note on Monday, October 21st. Bank of America started coverage on Camping World in a research report on Thursday. They set a "buy" rating and a $30.00 target price for the company. Truist Financial lifted their price target on shares of Camping World from $26.00 to $28.00 and gave the company a "buy" rating in a research report on Friday, September 20th. Monness Crespi & Hardt upped 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. Finally, StockNews.com upgraded 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 eight have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $28.00.

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.