Private Advisor Group LLC Has $562,000 Stake in Camping World Holdings, Inc. (NYSE:CWH)

Private Advisor Group LLC lowered its holdings in shares of Camping World Holdings, Inc. (NYSE:CWH) by 6.5% during the third quarter, Holdings Channel reports. The institutional investor owned 23,193 shares of the company’s stock after selling 1,609 shares during the quarter. Private Advisor Group LLC’s holdings in Camping World were worth $562,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Vanguard Group Inc. boosted its position in shares of Camping World by 3.1% during the 4th quarter. Vanguard Group Inc. now owns 4,035,275 shares of the company’s stock valued at $105,966,000 after acquiring an additional 122,856 shares in the last quarter. SG Capital Management LLC acquired a new stake in Camping World during the first quarter valued at approximately $3,889,000. Capital Research Global Investors grew its stake in shares of Camping World by 31.2% in the 1st quarter. Capital Research Global Investors now owns 2,159,037 shares of the company’s stock valued at $60,129,000 after purchasing an additional 513,320 shares during the period. Coronation Fund Managers Ltd. raised its holdings in shares of Camping World by 42.8% in the 2nd quarter. Coronation Fund Managers Ltd. now owns 228,676 shares of the company’s stock worth $4,084,000 after buying an additional 68,517 shares in the last quarter. Finally, Eminence Capital LP lifted its position in shares of Camping World by 79.8% during the 2nd quarter. Eminence Capital LP now owns 4,344,303 shares of the company’s stock worth $77,589,000 after buying an additional 1,927,977 shares during the period. Institutional investors own 52.54% of the company’s stock.

Camping World Price Performance

CWH opened at $20.21 on Monday. 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 stock has a market capitalization of $1.71 billion, a P/E ratio of -29.29 and a beta of 2.49. The company’s 50 day simple moving average is $22.78 and its 200-day simple moving average is $21.12. Camping World Holdings, Inc. has a one year low of $17.29 and a one year high of $28.72.

Camping World Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 25th. Stockholders of record on Friday, September 13th were paid a $0.125 dividend. The ex-dividend date was Friday, September 13th. This represents a $0.50 annualized dividend and a dividend yield of 2.47%. Camping World’s dividend payout ratio (DPR) is currently -72.46%.

Insider Transactions at Camping World

In related news, CEO Marcus Lemonis sold 125,000 shares of Camping World stock in a transaction dated 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 completion of the sale, the chief executive officer now directly owns 155,268 shares in the company, valued at $3,546,321.12. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 43.80% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on CWH. Truist Financial increased their price objective on Camping World from $26.00 to $28.00 and gave the stock a “buy” rating in a research note on Friday, September 20th. Roth Mkm reiterated a “buy” rating and set a $28.00 target price (up previously from $26.00) on shares of Camping World in a research report on Wednesday, October 30th. KeyCorp boosted their price target on shares of Camping World from $25.00 to $27.00 and gave the company an “overweight” rating in a research report on Wednesday, October 30th. Monness Crespi & Hardt lifted their target price on shares of Camping World from $24.00 to $30.00 and gave the company a “buy” rating in a research note on Friday, September 27th. Finally, JPMorgan Chase & Co. restated a “neutral” rating and set a $24.00 price target (down from $25.00) on shares of Camping World in a research report on Monday, October 21st. One analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $27.75.

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.