Camping World Holdings, Inc. (NYSE:CWH) Stock Holdings Increased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. lifted its holdings in Camping World Holdings, Inc. (NYSE:CWH) by 9.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 19,181 shares of the company’s stock after purchasing an additional 1,712 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Camping World were worth $504,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of CWH. IFP Advisors Inc grew its position in Camping World by 932.8% in the 3rd quarter. IFP Advisors Inc now owns 1,291 shares of the company’s stock valued at $26,000 after buying an additional 1,166 shares in the last quarter. Independent Advisor Alliance bought a new position in shares of Camping World in the third quarter valued at approximately $488,000. Adirondack Retirement Specialists Inc. increased its stake in shares of Camping World by 25.8% during the third quarter. Adirondack Retirement Specialists Inc. now owns 305,294 shares of the company’s stock valued at $6,231,000 after acquiring an additional 62,519 shares during the period. Bank of New York Mellon Corp raised its holdings in Camping World by 2.1% during the third quarter. Bank of New York Mellon Corp now owns 558,068 shares of the company’s stock worth $11,390,000 after purchasing an additional 11,316 shares in the last quarter. Finally, Verdence Capital Advisors LLC raised its stake in shares of Camping World by 11.3% in the 3rd quarter. Verdence Capital Advisors LLC now owns 52,749 shares of the company’s stock worth $1,077,000 after buying an additional 5,350 shares in the last quarter. 52.54% of the stock is owned by institutional investors and hedge funds.

Camping World Stock Down 7.4 %

Shares of CWH stock opened at $21.05 on Friday. The company has a quick ratio of 0.16, a current ratio of 1.21 and a debt-to-equity ratio of 7.55. The firm has a market cap of $1.78 billion, a PE ratio of 40.48 and a beta of 2.60. The stock has a 50 day moving average of $25.49 and a 200-day moving average of $23.68. Camping World Holdings, Inc. has a 12 month low of $16.18 and a 12 month high of $32.88.

Camping World (NYSE:CWH) last announced its quarterly earnings data on Wednesday, February 21st. The company reported ($0.53) earnings per share for the quarter, topping the consensus estimate of ($0.59) by $0.06. The company had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.15 billion. Camping World had a return on equity of 16.62% and a net margin of 0.50%. Camping World’s revenue for the quarter was down 13.4% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.33) EPS. On average, equities analysts predict that Camping World Holdings, Inc. will post 1.06 EPS for the current year.

Camping World Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Thursday, March 14th were issued a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 2.38%. The ex-dividend date was Wednesday, March 13th. Camping World’s payout ratio is 96.16%.

Insider Transactions at Camping World

In related news, CEO Marcus Lemonis sold 100,000 shares of the business’s stock in a transaction that occurred on Friday, March 15th. The shares were sold at an average price of $25.63, for a total value of $2,563,000.00. Following the completion of the transaction, the chief executive officer now owns 405,268 shares in the company, valued at approximately $10,387,018.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 43.80% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. KeyCorp lifted their price objective on shares of Camping World from $25.00 to $30.00 and gave the stock an “overweight” rating in a research note on Friday, January 12th. StockNews.com downgraded Camping World from a “hold” rating to a “sell” rating in a report on Friday, February 23rd. Stephens reiterated an “overweight” rating and issued a $28.00 price objective (up previously from $26.00) on shares of Camping World in a research note on Wednesday, January 17th. Citigroup upped their target price on Camping World from $26.00 to $30.00 and gave the stock a “buy” rating in a research report on Tuesday, January 23rd. Finally, Truist Financial increased their price target on shares of Camping World from $25.00 to $30.00 and gave the stock a “buy” rating in a research note on Tuesday, January 9th. One research analyst has rated the stock with a sell rating, one has given a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $30.64.

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.