Wells Fargo & Company MN Purchases 12,470 Shares of Camping World Holdings, Inc. (NYSE:CWH)

Wells Fargo & Company MN boosted its holdings in shares of Camping World Holdings, Inc. (NYSE:CWH) by 69.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 30,477 shares of the company’s stock after purchasing an additional 12,470 shares during the period. Wells Fargo & Company MN’s holdings in Camping World were worth $642,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Cinctive Capital Management LP lifted its position in shares of Camping World by 117.2% during the 4th quarter. Cinctive Capital Management LP now owns 125,031 shares of the company’s stock worth $2,636,000 after buying an additional 67,459 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Camping World by 611.9% during the third quarter. JPMorgan Chase & Co. now owns 292,888 shares of the company’s stock worth $7,094,000 after acquiring an additional 251,748 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Camping World by 39.2% in the fourth quarter. Vanguard Group Inc. now owns 5,787,609 shares of the company’s stock worth $122,003,000 after acquiring an additional 1,630,307 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Camping World in the 4th quarter valued at approximately $1,465,000. Finally, Barclays PLC boosted its stake in shares of Camping World by 96.9% in the 3rd quarter. Barclays PLC now owns 317,052 shares of the company’s stock valued at $7,678,000 after purchasing an additional 156,055 shares in the last quarter. Institutional investors and hedge funds own 52.54% of the company’s stock.

Insider Buying and Selling

In other Camping World news, President Matthew D. Wagner purchased 5,725 shares of the firm’s stock in a transaction on Tuesday, March 4th. The stock was purchased at an average cost of $17.61 per share, for a total transaction of $100,817.25. Following the acquisition, the president now owns 300,640 shares in the company, valued at approximately $5,294,270.40. The trade was a 1.94 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 35.60% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities analysts recently commented on CWH shares. Truist Financial dropped their price objective on shares of Camping World from $28.00 to $16.00 and set a “buy” rating for the company in a research note on Monday, April 14th. Monness Crespi & Hardt dropped their price target on Camping World from $30.00 to $20.00 and set a “buy” rating for the company in a research note on Thursday. JPMorgan Chase & Co. raised Camping World from a “neutral” rating to an “overweight” rating and cut their price objective for the company from $23.00 to $21.00 in a report on Thursday. Baird R W cut Camping World from a “strong-buy” rating to a “hold” rating in a report on Friday, April 4th. Finally, Robert W. Baird cut their price target on Camping World from $18.00 to $15.00 and set a “neutral” rating on the stock in a research note on Thursday. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.com, Camping World has a consensus rating of “Moderate Buy” and a consensus target price of $21.63.

Camping World Stock Up 4.7 %

Shares of CWH opened at $13.87 on Friday. The company has a market capitalization of $1.41 billion, a PE ratio of -20.10, a PEG ratio of 0.92 and a beta of 2.32. The stock’s 50-day moving average price is $15.27 and its two-hundred day moving average price is $20.05. The company has a current ratio of 1.23, a quick ratio of 0.19 and a debt-to-equity ratio of 9.67. Camping World Holdings, Inc. has a 12 month low of $11.17 and a 12 month high of $25.97.

Camping World (NYSE:CWH) last posted its quarterly earnings data on Tuesday, April 29th. The company reported ($0.16) EPS for the quarter, topping analysts’ consensus estimates of ($0.23) by $0.07. Camping World had a negative return on equity of 23.77% and a negative net margin of 0.40%. The company had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.43 billion. During the same period in the previous year, the firm earned ($0.40) earnings per share. The firm’s quarterly revenue was up 3.6% on a year-over-year basis. On average, analysts anticipate that Camping World Holdings, Inc. will post -0.66 EPS for the current year.

Camping World Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Friday, March 14th were given a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 3.60%. The ex-dividend date of this dividend was Friday, March 14th. Camping World’s dividend payout ratio (DPR) is presently -65.79%.

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.