Northern Trust Corp Has $11.46 Million Stake in Camping World Holdings, Inc. (NYSE:CWH)

Northern Trust Corp increased its position in Camping World Holdings, Inc. (NYSE:CWH) by 39.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 543,709 shares of the company’s stock after buying an additional 154,111 shares during the quarter. Northern Trust Corp owned 0.64% of Camping World worth $11,461,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of Camping World by 39.2% in the 4th quarter. Vanguard Group Inc. now owns 5,787,609 shares of the company’s stock valued at $122,003,000 after purchasing an additional 1,630,307 shares during the last quarter. Capital Research Global Investors lifted its holdings in shares of Camping World by 39.8% in the 4th quarter. Capital Research Global Investors now owns 3,422,710 shares of the company’s stock worth $72,151,000 after purchasing an additional 975,168 shares in the last quarter. Hood River Capital Management LLC bought a new position in shares of Camping World in the 4th quarter worth $62,142,000. Geode Capital Management LLC lifted its holdings in shares of Camping World by 31.4% in the 4th quarter. Geode Capital Management LLC now owns 1,285,271 shares of the company’s stock worth $27,100,000 after purchasing an additional 306,941 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Camping World by 17.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 895,931 shares of the company’s stock worth $18,886,000 after purchasing an additional 133,304 shares in the last quarter. Institutional investors and hedge funds own 52.54% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have weighed in on CWH. KeyCorp dropped their price objective on Camping World from $22.00 to $16.00 and set an “overweight” rating on the stock in a research note on Thursday, April 17th. Robert W. Baird decreased their target price on Camping World from $18.00 to $15.00 and set a “neutral” rating for the company in a research report on Thursday, May 1st. JPMorgan Chase & Co. raised Camping World from a “neutral” rating to an “overweight” rating and decreased their target price for the company from $23.00 to $21.00 in a research report on Thursday, May 1st. Baird R W lowered Camping World from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 4th. Finally, Truist Financial decreased their target price on Camping World from $28.00 to $16.00 and set a “buy” rating for the company in a research report on Monday, April 14th. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $21.56.

Insider Transactions at Camping World

In other news, President Matthew D. Wagner bought 5,725 shares of the company’s stock in a transaction that occurred on Tuesday, March 4th. The stock was bought at an average price of $17.61 per share, for a total transaction of $100,817.25. Following the transaction, the president now directly owns 300,640 shares of the company’s stock, valued at $5,294,270.40. This represents a 1.94% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 35.60% of the stock is owned by insiders.

Camping World Stock Up 4.6%

CWH stock opened at $16.76 on Friday. 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 firm has a market capitalization of $1.71 billion, a PE ratio of -24.29, a PEG ratio of 0.92 and a beta of 2.13. Camping World Holdings, Inc. has a twelve month low of $11.17 and a twelve month high of $25.97. The stock has a 50-day simple moving average of $14.67 and a two-hundred day simple moving average of $19.58.

Camping World (NYSE:CWH) last issued its quarterly earnings data on Tuesday, April 29th. The company reported ($0.16) EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to analyst estimates of $1.43 billion. During the same quarter in the previous year, the firm earned ($0.40) earnings per share. Camping World’s revenue was up 3.6% on a year-over-year basis. On average, equities analysts predict that Camping World Holdings, Inc. will post -0.66 EPS for the current fiscal year.

Camping World Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Stockholders of record on Friday, June 13th will be issued a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 2.98%. The ex-dividend date of this dividend is Friday, June 13th. Camping World’s payout ratio is -108.70%.

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.