State Street Corp Sells 40,142 Shares of Camping World Holdings, Inc. (NYSE:CWH)

State Street Corp lessened its stake in Camping World Holdings, Inc. (NYSE:CWH) by 3.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,154,032 shares of the company’s stock after selling 40,142 shares during the period. State Street Corp owned 1.36% of Camping World worth $27,951,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Eminence Capital LP grew its position in shares of Camping World by 79.8% during the 2nd quarter. Eminence Capital LP now owns 4,344,303 shares of the company’s stock worth $77,589,000 after buying an additional 1,927,977 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Camping World by 20.3% in the second quarter. Dimensional Fund Advisors LP now owns 718,578 shares of the company’s stock worth $12,834,000 after acquiring an additional 121,022 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in Camping World by 11.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 652,269 shares of the company’s stock worth $15,798,000 after acquiring an additional 65,798 shares in the last quarter. Citigroup Inc. grew its holdings in Camping World by 22.6% during the 3rd quarter. Citigroup Inc. now owns 360,258 shares of the company’s stock worth $8,725,000 after acquiring an additional 66,355 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its position in Camping World by 6.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 336,682 shares of the company’s stock valued at $6,013,000 after purchasing an additional 21,842 shares during the period. Institutional investors own 52.54% of the company’s stock.

Camping World Stock Performance

NYSE CWH opened at $21.31 on Monday. The firm has a market capitalization of $1.81 billion, a P/E ratio of -30.88 and a beta of 2.49. The stock has a 50-day simple moving average of $22.97 and a two-hundred day simple moving average of $21.76. 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 Holdings, Inc. has a fifty-two week low of $17.29 and a fifty-two week high of $28.72.

Camping World Dividend Announcement

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

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. Raymond James upgraded shares of Camping World from a “market perform” rating to an “outperform” rating and set a $27.00 price objective on the stock in a research note on Wednesday, October 30th. Bank of America initiated coverage on Camping World in a report on Thursday. They set a “buy” rating and a $30.00 price objective for the company. 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. KeyCorp upped their price target 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. Finally, Roth Mkm reiterated a “buy” rating and set a $28.00 price objective (up from $26.00) on shares of Camping World in a research note on Wednesday, October 30th. Two analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target 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.