American Century Companies Inc. Acquires 9,003 Shares of Camping World Holdings, Inc. (NYSE:CWH)

American Century Companies Inc. increased its stake in Camping World Holdings, Inc. (NYSE:CWH) by 15.8% during the second quarter, according to its most recent filing with the SEC. The fund owned 66,157 shares of the company’s stock after buying an additional 9,003 shares during the quarter. American Century Companies Inc. owned 0.08% of Camping World worth $1,182,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. ICA Group Wealth Management LLC purchased a new position in Camping World in the fourth quarter valued at about $35,000. Russell Investments Group Ltd. lifted its stake in Camping World by 6,495.0% in the first quarter. Russell Investments Group Ltd. now owns 3,957 shares of the company’s stock valued at $110,000 after purchasing an additional 3,897 shares during the last quarter. Advisory Services Network LLC bought a new position in Camping World during the fourth quarter valued at $172,000. Telos Capital Management Inc. purchased a new stake in Camping World in the second quarter worth $196,000. Finally, ProShare Advisors LLC bought a new stake in shares of Camping World in the first quarter valued at $209,000. Hedge funds and other institutional investors own 52.54% of the company’s stock.

Camping World Stock Performance

NYSE CWH opened at $24.22 on Tuesday. The company’s 50 day simple moving average is $21.91 and its two-hundred day simple moving average is $21.63. The company has a debt-to-equity ratio of 10.08, a current ratio of 1.19 and a quick ratio of 0.19. Camping World Holdings, Inc. has a 1 year low of $16.18 and a 1 year high of $28.72. The stock has a market capitalization of $2.05 billion, a PE ratio of -605.50 and a beta of 2.47.

Camping World (NYSE:CWH) last posted its quarterly earnings data on Wednesday, July 31st. The company reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.10). The business had revenue of $1.80 billion for the quarter, compared to the consensus estimate of $1.87 billion. Camping World had a negative net margin of 0.22% and a negative return on equity of 10.04%. Camping World’s quarterly revenue was down 5.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.60 EPS. Analysts predict that Camping World Holdings, Inc. will post -0.6 earnings per share for the current fiscal year.

Camping World Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 25th. Stockholders of record on Friday, September 13th were issued a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 2.06%. The ex-dividend date of this dividend was Friday, September 13th. Camping World’s payout ratio is -1,250.00%.

Insider Buying and Selling

In other Camping World news, CEO Marcus Lemonis sold 125,000 shares of Camping World 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 sale, the chief executive officer now directly owns 155,268 shares in the company, valued at $3,546,321.12. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 43.80% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Monness Crespi & Hardt lifted their price objective on Camping World from $24.00 to $30.00 and gave the stock a “buy” rating in a report on Friday. Truist Financial lifted their target price on shares of Camping World from $26.00 to $28.00 and gave the stock a “buy” rating in a research note on Friday, September 20th. KeyCorp dropped their price target on shares of Camping World from $26.00 to $25.00 and set an “overweight” rating on the stock in a research note on Friday, August 2nd. Finally, Roth Mkm reduced their price objective on shares of Camping World from $28.00 to $26.00 and set a “buy” rating for the company in a research note on Monday, August 5th. One equities research analyst has rated the stock with a sell rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $26.57.

Camping World 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.