Stifel Financial Corp Has $1.55 Million Stake in Camping World Holdings, Inc. (NYSE:CWH)

Stifel Financial Corp lowered its stake in shares of Camping World Holdings, Inc. (NYSE:CWH) by 37.3% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 63,830 shares of the company’s stock after selling 38,046 shares during the period. Stifel Financial Corp owned approximately 0.08% of Camping World worth $1,546,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. Moors & Cabot Inc. lifted its stake in Camping World by 2.9% during the second 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 period. Creative Planning grew its position in Camping World by 8.7% in the third quarter. Creative Planning now owns 11,133 shares of the company’s stock valued at $270,000 after acquiring an additional 892 shares during the period. Verdence Capital Advisors LLC raised its stake in Camping World by 1.6% during the third quarter. Verdence Capital Advisors LLC now owns 62,603 shares of the company’s stock worth $1,516,000 after acquiring an additional 965 shares in the last quarter. Quest Partners LLC lifted its holdings in shares of Camping World by 5,647.8% during the third quarter. Quest Partners LLC now owns 1,322 shares of the company’s stock valued at $32,000 after acquiring an additional 1,299 shares during the period. Finally, The Manufacturers Life Insurance Company boosted its stake in shares of Camping World by 7.0% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 22,872 shares of the company’s stock valued at $408,000 after purchasing an additional 1,491 shares in the last quarter. Institutional investors own 52.54% of the company’s stock.

Camping World Price Performance

Shares of CWH stock opened at $21.31 on Friday. The firm’s 50 day moving average price is $22.97 and its two-hundred day moving average price is $21.74. The stock has a market cap of $1.81 billion, a PE ratio of -30.88 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 debt-to-equity ratio of 9.67, a quick ratio of 0.19 and a current ratio of 1.23.

Camping World Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 30th. Stockholders of record on Friday, December 13th will be paid a $0.125 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.35%. Camping World’s dividend payout ratio (DPR) is presently -72.46%.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Truist Financial boosted their price target on shares of Camping World from $26.00 to $28.00 and gave the company a “buy” rating in a research report on Friday, September 20th. Raymond James raised Camping World from a “market perform” rating to an “outperform” rating and set a $27.00 target price on the stock in a report on Wednesday, October 30th. JPMorgan Chase & Co. restated a “neutral” rating and set a $24.00 price target (down from $25.00) on shares of Camping World in a research report on Monday, October 21st. StockNews.com upgraded Camping World from a “sell” rating to a “hold” rating in a research report on Thursday, November 14th. Finally, Monness Crespi & Hardt increased their target price on Camping World from $24.00 to $30.00 and gave the stock a “buy” rating in a report on Friday, September 27th. Two equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $28.00.

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.