2 weeks Ago By Defense World Staff
JPMorgan Chase & Co. decreased its holdings in Camping World Holdings, Inc. (NYSE:CWH – Free Report) by 66.
8% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 97,230 shares of the company’s stock after selling 195,658 shares during the quarter. JPMorgan Chase & Co.
owned 0.11% of Camping World worth $2,050,000 at the end of the most recent quarter. Other hedge funds have also added to or reduced their stakes in the company.
Vanguard Group Inc. raised its holdings in shares of Camping World by 39.2% in the fourth quarter.
Vanguard Group Inc. now owns 5,787,609 shares of the company’s stock valued at $122,003,000 after purchasing an additional 1,630,307 shares during the last quarter. Geode Capital Management LLC increased its stake in Camping World by 4.
5% in the 3rd quarter. Geode Capital Management LLC now owns 978,330 shares of the company’s stock valued at $23,701,000 after buying an additional 41,705 shares during the last quarter. Charles Schwab Investment Management Inc.
lifted its position in shares of Camping World by 26.9% during the 4th quarter. Charles Schwab Investment Management Inc.
now owns 827,823 shares of the company’s stock worth $17,451,000 after buying an additional 175,554 shares in the last quarter. Burkehill Global Management LP purchased a new position in shares of Camping World in the 4th quarter worth approximately $15,810,000. Finally, Barclays PLC grew its holdings in shares of Camping World by 96.
9% in the third quarter. Barclays PLC now owns 317,052 shares of the company’s stock valued at $7,678,000 after acquiring an additional 156,055 shares in the last quarter. Institutional investors and hedge funds own 52.
54% of the company’s stock. Camping World Trading Up 3.9 %NYSE:CWH opened at $13.
45 on Friday. The company has a debt-to-equity ratio of 9.67, a current ratio of 1.
23 and a quick ratio of 0.19. The company has a market cap of $1.
37 billion, a P/E ratio of -19.49, a P/E/G ratio of 0.92 and a beta of 2.
32. Camping World Holdings, Inc. has a 1 year low of $11.
17 and a 1 year high of $25.97. The stock’s fifty day moving average price is $16.
20 and its two-hundred day moving average price is $20.44. Camping World (NYSE:CWH – Get Free Report) last posted its quarterly earnings data on Tuesday, February 25th.
The company reported ($0.55) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.55).
The company had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.13 billion.
Camping World had a negative return on equity of 23.77% and a negative net margin of 0.40%.
As a group, analysts expect that Camping World Holdings, Inc. will post -0.66 EPS for the current year.
Camping World Announces DividendThe company also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Friday, March 14th were given a dividend of $0.125 per share.
The ex-dividend date was Friday, March 14th. This represents a $0.50 annualized dividend and a dividend yield of 3.
72%. Camping World’s dividend payout ratio (DPR) is presently -65.79%.
Analysts Set New Price TargetsSeveral research analysts have weighed in on CWH shares. Truist Financial cut their price objective on Camping World from $28.00 to $16.
00 and set a “buy” rating on the stock in a research report on Monday, April 14th. KeyCorp reduced their price target on shares of Camping World from $22.00 to $16.
00 and set an “overweight” rating for the company in a research report on Thursday, April 17th. Baird R W lowered shares of Camping World from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 4th. Finally, Robert W.
Baird reissued a “neutral” rating and set a $18.00 target price (down from $28.00) on shares of Camping World in a research report on Friday, April 4th.
Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $23.
63.View Our Latest Stock Report on CWHInsider ActivityIn other Camping World news, President Matthew D. Wagner purchased 5,725 shares of Camping World stock in a transaction that occurred on Tuesday, March 4th.
The shares were bought at an average price of $17.61 per share, for a total transaction of $100,817.25.
Following the acquisition, the president now directly owns 300,640 shares in the company, valued at approximately $5,294,270.40. This trade represents a 1.
94 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 35.
60% of the stock is owned by corporate insiders. About Camping World (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.See AlsoFive stocks we like better than Camping WorldHow to find penny stocks to invest and trade 2 Strong Utilities Plays With Booming Earnings and Room to GrowThe 3 Best Blue-Chip Stocks to Buy NowWhy Smart Investors Don’t Panic in Election SeasonDividend Payout Ratio CalculatorNow Is the Time to Buy ServiceNow—The Rebound Is RealWant to see what other hedge funds are holding CWH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Camping World Holdings, Inc.
(NYSE:CWH – Free Report)..
