Camping World Holdings, Inc. (NYSE:CWH) Shares Purchased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. boosted its holdings in Camping World Holdings, Inc. (NYSE:CWH) by 11.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 652,269 shares of the company’s stock after purchasing an additional 65,798 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.77% of Camping World worth $15,798,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Coronation Fund Managers Ltd. boosted its holdings in Camping World by 42.8% in the second quarter. Coronation Fund Managers Ltd. now owns 228,676 shares of the company’s stock worth $4,084,000 after purchasing an additional 68,517 shares during the period. Eminence Capital LP lifted its stake in Camping World by 79.8% in the second quarter. Eminence Capital LP now owns 4,344,303 shares of the company’s stock valued at $77,589,000 after buying an additional 1,927,977 shares during the last quarter. Cubist Systematic Strategies LLC lifted its stake in Camping World by 419.3% in the second quarter. Cubist Systematic Strategies LLC now owns 48,812 shares of the company’s stock valued at $872,000 after buying an additional 39,412 shares during the last quarter. Verdence Capital Advisors LLC lifted its stake in Camping World by 17.3% in the second quarter. Verdence Capital Advisors LLC now owns 61,638 shares of the company’s stock valued at $1,101,000 after buying an additional 9,086 shares during the last quarter. Finally, Creative Planning lifted its stake 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 buying an additional 892 shares during the last quarter. Institutional investors and hedge funds own 52.54% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Monness Crespi & Hardt raised their target price on Camping World from $24.00 to $30.00 and gave the company a “buy” rating in a research note on Friday, September 27th. Raymond James upgraded Camping World from a “market perform” rating to an “outperform” rating and set a $27.00 target price on the stock in a research note on Wednesday, October 30th. Truist Financial raised their target price on Camping World from $26.00 to $28.00 and gave the company a “buy” rating in a research note on Friday, September 20th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $24.00 target price (down from $25.00) on shares of Camping World in a research note on Monday, October 21st. Finally, KeyCorp lifted their price objective on shares of Camping World from $25.00 to $27.00 and gave the company an “overweight” rating in a research note on Wednesday, October 30th. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $27.75.

Camping World Trading Up 2.9 %

Shares of Camping World stock opened at $24.69 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 business has a fifty day simple moving average of $23.11 and a 200-day simple moving average of $21.55. Camping World Holdings, Inc. has a fifty-two week low of $17.29 and a fifty-two week high of $28.72. The firm has a market cap of $2.10 billion, a price-to-earnings ratio of -35.78 and a beta of 2.49.

Camping World Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Friday, December 13th will be issued 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 2.03%. Camping World’s payout ratio is currently -72.46%.

Insider Activity at Camping World

In other news, CEO Marcus Lemonis sold 125,000 shares of the firm’s stock in a transaction on Friday, September 13th. The stock was 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 of the company’s stock, valued at $3,546,321.12. This trade represents a 44.60 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 43.80% of the company’s stock.

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.