Camping World Holdings, Inc. (NYSE:CWH) Shares Purchased by Verdence Capital Advisors LLC

Verdence Capital Advisors LLC grew its stake in shares of Camping World Holdings, Inc. (NYSE:CWH) by 1.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 62,603 shares of the company’s stock after acquiring an additional 965 shares during the period. Verdence Capital Advisors LLC’s holdings in Camping World were worth $1,516,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of CWH. SG Capital Management LLC acquired a new position in Camping World in the first quarter worth about $3,889,000. Capital Research Global Investors grew its position 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 worth $60,129,000 after acquiring an additional 513,320 shares in the last quarter. Coronation Fund Managers Ltd. increased 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 valued at $4,084,000 after acquiring an additional 68,517 shares during the last quarter. Eminence Capital LP raised 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 valued at $77,589,000 after acquiring an additional 1,927,977 shares in the last quarter. Finally, ProShare Advisors LLC bought a new position in Camping World during the first quarter worth $209,000. Institutional investors own 52.54% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on CWH. Monness Crespi & Hardt increased their target price 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. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $24.00 price objective (down previously from $25.00) on shares of Camping World in a research note on Monday, October 21st. Truist Financial upped their target price on Camping World from $26.00 to $28.00 and gave the company a “buy” rating in a report on Friday, September 20th. Raymond James upgraded Camping World from a “market perform” rating to an “outperform” rating and set a $27.00 price objective for the company in a research report on Wednesday, October 30th. Finally, 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 report on Wednesday, October 30th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, Camping World presently has an average rating of “Moderate Buy” and an average price target of $27.75.

Camping World Stock Up 0.8 %

CWH stock opened at $23.76 on Friday. The firm’s 50-day moving average is $22.81 and its two-hundred day moving average is $21.14. The company has a market capitalization of $2.02 billion, a price-to-earnings ratio of -34.43 and a beta of 2.49. Camping World Holdings, Inc. has a 52 week low of $17.29 and a 52 week high of $28.72. 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 Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 25th. Shareholders of record on Friday, September 13th were given a $0.125 dividend. The ex-dividend date was Friday, September 13th. This represents a $0.50 dividend on an annualized basis and a yield of 2.10%. Camping World’s dividend payout ratio (DPR) is -72.46%.

Insider Buying and Selling at Camping World

In other news, CEO Marcus Lemonis sold 121,450 shares of the company’s stock in a transaction on Wednesday, September 11th. The stock was sold at an average price of $21.80, for a total value of $2,647,610.00. Following the completion of the sale, the chief executive officer now owns 155,268 shares in the company, valued at $3,384,842.40. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 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.