Camping World Holdings, Inc. (NYSE:CWH) Shares Purchased by Handelsbanken Fonder AB

Handelsbanken Fonder AB boosted its position in shares of Camping World Holdings, Inc. (NYSE:CWH) by 48.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 14,700 shares of the company’s stock after purchasing an additional 4,800 shares during the quarter. Handelsbanken Fonder AB’s holdings in Camping World were worth $310,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Geode Capital Management LLC boosted its position in shares of Camping World by 4.5% in the 3rd quarter. Geode Capital Management LLC now owns 978,330 shares of the company’s stock worth $23,701,000 after buying an additional 41,705 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Camping World by 11.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 652,269 shares of the company’s stock valued at $15,798,000 after buying 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 valued at $8,725,000 after buying an additional 66,355 shares during the last quarter. Barclays PLC increased its position in Camping World by 96.9% during the third quarter. Barclays PLC now owns 317,052 shares of the company’s stock worth $7,678,000 after buying an additional 156,055 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of Camping World by 611.9% in 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 during the last quarter. Institutional investors and hedge funds own 52.54% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the stock. Truist Financial boosted their price objective on shares of Camping World from $26.00 to $28.00 and gave the company a “buy” rating in a research report on Monday, February 10th. StockNews.com raised Camping World from a “sell” rating to a “hold” rating in a research note on Thursday, November 14th. Finally, Bank of America initiated coverage on shares of Camping World in a research note on Thursday, December 19th. They set a “buy” rating and a $30.00 price objective for the company. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $27.71.

Camping World Stock Performance

Shares of CWH stock opened at $18.65 on Tuesday. The company’s fifty day simple moving average is $22.03 and its 200-day simple moving average is $22.56. 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 52 week low of $17.29 and a 52 week high of $28.72. The company has a market cap of $1.58 billion, a PE ratio of -27.03, a P/E/G ratio of 0.92 and a beta of 2.49.

Camping World (NYSE:CWH) last released its quarterly earnings results on Tuesday, February 25th. The company reported ($0.55) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.55). The firm had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.13 billion. Camping World had a negative net margin of 0.40% and a negative return on equity of 23.77%. As a group, equities research analysts anticipate that Camping World Holdings, Inc. will post -0.66 EPS for the current year.

Camping World Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Friday, March 14th will be issued a $0.125 dividend. The ex-dividend date is Friday, March 14th. This represents a $0.50 annualized dividend and a yield of 2.68%. Camping World’s dividend payout ratio is presently -65.79%.

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.