Wealth Enhancement Advisory Services LLC Increases Stock Holdings in Camping World Holdings, Inc. (NYSE:CWH)

Wealth Enhancement Advisory Services LLC increased its stake in Camping World Holdings, Inc. (NYSE:CWH) by 0.2% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 351,413 shares of the company’s stock after acquiring an additional 532 shares during the quarter. Wealth Enhancement Advisory Services LLC owned approximately 0.42% of Camping World worth $8,511,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Point72 DIFC Ltd purchased a new stake in shares of Camping World during the second quarter worth about $50,000. Russell Investments Group Ltd. raised its holdings in shares of Camping World by 6,495.0% during the first quarter. Russell Investments Group Ltd. now owns 3,957 shares of the company’s stock valued at $110,000 after acquiring an additional 3,897 shares during the last quarter. nVerses Capital LLC acquired a new stake in shares of Camping World in the third quarter worth approximately $191,000. Telos Capital Management Inc. purchased a new stake in shares of Camping World during the second quarter worth approximately $196,000. Finally, ProShare Advisors LLC acquired a new position in Camping World in the 1st quarter valued at $209,000. 52.54% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Camping World

In related news, CEO Marcus Lemonis sold 125,000 shares of the 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 completion of the transaction, the chief executive officer now owns 155,268 shares of the company’s stock, valued at approximately $3,546,321.12. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 43.80% of the company’s stock.

Camping World Trading Up 6.8 %

CWH opened at $22.87 on Wednesday. The stock has a market capitalization of $1.93 billion, a PE ratio of -571.75 and a beta of 2.47. Camping World Holdings, Inc. has a one year low of $16.18 and a one year high of $28.72. The company has a debt-to-equity ratio of 10.08, a quick ratio of 0.19 and a current ratio of 1.19. The business’s 50 day moving average price is $22.73 and its 200 day moving average price is $21.15.

Camping World (NYSE:CWH) last announced its quarterly earnings results on Wednesday, July 31st. The company reported $0.38 EPS for the quarter, missing the consensus estimate of $0.48 by ($0.10). The business had revenue of $1.80 billion during the quarter, compared to analyst estimates of $1.87 billion. Camping World had a negative net margin of 0.22% and a negative return on equity of 10.04%. The business’s revenue for the quarter was down 5.3% on a year-over-year basis. During the same period last year, the company earned $0.60 EPS. As a group, equities research analysts expect that Camping World Holdings, Inc. will post -0.6 EPS for the current year.

Camping World Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 25th. Shareholders of record on Friday, September 13th were paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 2.19%. The ex-dividend date of this dividend was Friday, September 13th. Camping World’s dividend payout ratio (DPR) is presently -1,250.00%.

Wall Street Analyst Weigh In

CWH has been the subject of a number of research reports. Roth Mkm dropped their target price on shares of Camping World from $28.00 to $26.00 and set a “buy” rating for the company 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 for the company in a report on Friday, August 2nd. Truist Financial boosted their target price on Camping World from $26.00 to $28.00 and gave the stock a “buy” rating in a report on Friday, September 20th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $24.00 price target (down previously from $25.00) on shares of Camping World in a report on Monday, October 21st. Finally, Monness Crespi & Hardt boosted their price objective on Camping World from $24.00 to $30.00 and gave the stock a “buy” rating in a research note on Friday, September 27th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $27.29.

About Camping World

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.