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

Private Advisor Group LLC reduced its stake in shares of Camping World Holdings, Inc. (NYSE:CWH) by 6.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm 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 SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Moors & Cabot Inc. increased its position in Camping World by 2.9% in the 2nd quarter. Moors & Cabot Inc. now owns 19,065 shares of the company’s stock worth $340,000 after purchasing an additional 531 shares during the last quarter. Creative Planning grew its stake in shares of Camping World by 8.7% in the 3rd quarter. Creative Planning now owns 11,133 shares of the company’s stock valued at $270,000 after buying an additional 892 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in Camping World by 4.3% in the first quarter. Commonwealth Equity Services LLC now owns 31,778 shares of the company’s stock worth $885,000 after buying an additional 1,323 shares during the last quarter. Price T Rowe Associates Inc. MD raised its position in Camping World by 8.2% during the first quarter. Price T Rowe Associates Inc. MD now owns 19,560 shares of the company’s stock valued at $545,000 after acquiring an additional 1,477 shares in the last quarter. Finally, The Manufacturers Life Insurance Company lifted its stake in Camping World by 7.0% in the second quarter. The Manufacturers Life Insurance Company now owns 22,872 shares of the company’s stock valued at $408,000 after acquiring an additional 1,491 shares during the last quarter. 52.54% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Camping World

In other news, CEO Marcus Lemonis sold 125,000 shares of the business’s stock in a transaction dated 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 transaction, the chief executive officer now owns 155,268 shares in the company, valued at approximately $3,546,321.12. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 43.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the stock. KeyCorp raised 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. Truist Financial increased their target price on shares of Camping World from $26.00 to $28.00 and gave the stock a “buy” rating in a research report on Friday, September 20th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $24.00 price target (down previously from $25.00) on shares of Camping World in a research report on Monday, October 21st. Monness Crespi & Hardt increased their price objective on Camping World from $24.00 to $30.00 and gave the company a “buy” rating in a report on Friday, September 27th. Finally, Roth Mkm restated a “buy” rating and issued a $28.00 target price (up from $26.00) on shares of Camping World 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 assigned a buy rating to the stock. According to MarketBeat.com, Camping World presently has a consensus rating of “Moderate Buy” and a consensus target price of $27.75.

Camping World Price Performance

Shares of NYSE:CWH opened at $20.21 on Monday. The company has a quick ratio of 0.19, a current ratio of 1.23 and a debt-to-equity ratio of 9.67. The business has a 50 day moving average price of $22.78 and a 200 day moving average price of $21.12. The company has a market cap of $1.71 billion, a price-to-earnings ratio of -29.29 and a beta of 2.49. Camping World Holdings, Inc. has a twelve month low of $17.29 and a twelve month high of $28.72.

Camping World Announces Dividend

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

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.