Zurcher Kantonalbank Zurich Cantonalbank Has $205,000 Stake in Camping World Holdings, Inc. (NYSE:CWH)

Zurcher Kantonalbank Zurich Cantonalbank reduced its stake in shares of Camping World Holdings, Inc. (NYSE:CWH) by 25.2% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 7,802 shares of the company’s stock after selling 2,633 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Camping World were worth $205,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in CWH. Principal Financial Group Inc. boosted its holdings in Camping World by 2.5% during the third quarter. Principal Financial Group Inc. now owns 26,808 shares of the company’s stock valued at $547,000 after acquiring an additional 646 shares during the period. Swiss National Bank lifted its holdings in shares of Camping World by 1.0% during the third quarter. Swiss National Bank now owns 92,800 shares of the company’s stock worth $1,894,000 after buying an additional 900 shares during the last quarter. Moors & Cabot Inc. boosted its position in shares of Camping World by 13.5% in the third quarter. Moors & Cabot Inc. now owns 9,802 shares of the company’s stock valued at $200,000 after acquiring an additional 1,164 shares during the period. Rafferty Asset Management LLC boosted its position in shares of Camping World by 6.6% in the third quarter. Rafferty Asset Management LLC now owns 20,562 shares of the company’s stock valued at $420,000 after acquiring an additional 1,279 shares during the period. Finally, Kendall Capital Management grew its stake in shares of Camping World by 13.6% in the third quarter. Kendall Capital Management now owns 10,685 shares of the company’s stock worth $218,000 after acquiring an additional 1,280 shares during the last quarter. Institutional investors own 52.54% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Truist Financial reduced their price target on shares of Camping World from $30.00 to $28.00 and set a “buy” rating for the company in a report on Friday, May 3rd. Citigroup increased their target price on shares of Camping World from $26.00 to $30.00 and gave the company a “buy” rating in a research note on Tuesday, January 23rd. Stephens restated an “overweight” rating and set a $28.00 price target (up from $26.00) on shares of Camping World in a research note on Wednesday, January 17th. Roth Mkm reiterated a “buy” rating and issued a $28.00 price objective (down previously from $30.00) on shares of Camping World in a research report on Friday, May 3rd. Finally, KeyCorp decreased their price objective on Camping World from $30.00 to $26.00 and set an “overweight” rating on the stock in a report on Friday, May 3rd. Two equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, Camping World has an average rating of “Moderate Buy” and an average target price of $30.20.

Camping World Price Performance

Camping World stock opened at $20.30 on Wednesday. The business has a 50 day simple moving average of $24.66 and a 200 day simple moving average of $23.92. The company has a debt-to-equity ratio of 7.55, a current ratio of 1.21 and a quick ratio of 0.16. The company has a market capitalization of $1.72 billion, a PE ratio of -507.37 and a beta of 2.67. Camping World Holdings, Inc. has a one year low of $16.18 and a one year high of $32.88.

Camping World (NYSE:CWH) last issued its quarterly earnings data on Wednesday, February 21st. The company reported ($0.53) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.59) by $0.06. Camping World had a negative return on equity of 2.16% and a net margin of 0.09%. The company had revenue of $1.11 billion during the quarter, compared to analysts’ expectations of $1.15 billion. During the same period last year, the business earned ($0.33) earnings per share. The business’s revenue was down 13.4% on a year-over-year basis. On average, sell-side analysts forecast that Camping World Holdings, Inc. will post 1.06 EPS for the current fiscal year.

Camping World Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Thursday, March 14th were paid a dividend of $0.125 per share. The ex-dividend date was Wednesday, March 13th. This represents a $0.50 annualized dividend and a yield of 2.46%. Camping World’s dividend payout ratio is -1,249.69%.

Insider Transactions at Camping World

In other news, CEO Marcus Lemonis sold 100,000 shares of the business’s stock in a transaction that occurred on Friday, March 15th. The stock was sold at an average price of $25.63, for a total value of $2,563,000.00. Following the transaction, the chief executive officer now directly owns 405,268 shares of the company’s stock, valued at approximately $10,387,018.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 43.80% of the company’s stock.

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.