Camping World Holdings, Inc. (NYSE:CWH) Shares Bought by Arizona State Retirement System

Arizona State Retirement System increased its holdings in Camping World Holdings, Inc. (NYSE:CWH) by 33.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 16,477 shares of the company’s stock after buying an additional 4,148 shares during the period. Arizona State Retirement System’s holdings in Camping World were worth $347,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Quest Partners LLC lifted its stake in Camping World by 5,647.8% in the third quarter. Quest Partners LLC now owns 1,322 shares of the company’s stock valued at $32,000 after buying an additional 1,299 shares during the last quarter. Blue Trust Inc. increased its holdings in shares of Camping World by 195.0% in the 4th quarter. Blue Trust Inc. now owns 1,534 shares of the company’s stock worth $32,000 after acquiring an additional 1,014 shares during the period. Truvestments Capital LLC bought a new stake in Camping World in the 3rd quarter valued at about $165,000. Blueshift Asset Management LLC acquired a new position in Camping World during the 3rd quarter valued at about $214,000. Finally, Proficio Capital Partners LLC bought a new position in Camping World in the 4th quarter worth about $239,000. Institutional investors own 52.54% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on CWH. Truist Financial boosted their price objective on Camping World from $26.00 to $28.00 and gave the stock a “buy” rating in a research report on Monday, February 10th. Bank of America assumed coverage on Camping World in a research note on Thursday, December 19th. They set a “buy” rating and a $30.00 target price on the stock. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $27.71.

Camping World Stock Up 3.6 %

Shares of CWH stock opened at $16.65 on Friday. Camping World Holdings, Inc. has a 1 year low of $15.39 and a 1 year high of $28.33. The company has a debt-to-equity ratio of 9.67, a quick ratio of 0.19 and a current ratio of 1.23. The business’s fifty day moving average is $21.29 and its 200-day moving average is $22.28. The stock has a market cap of $1.70 billion, a PE ratio of -24.14, a price-to-earnings-growth ratio of 0.92 and a beta of 2.57.

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

Camping World Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Friday, March 14th will be paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 3.00%. The ex-dividend date of this dividend is Friday, March 14th. Camping World’s dividend payout ratio is presently -65.79%.

Insider Buying and Selling

In related news, President Matthew D. Wagner purchased 5,725 shares of the firm’s stock in a transaction that occurred on Tuesday, March 4th. The stock was acquired 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 trade represents a 1.94 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. 43.80% of the stock is currently owned by insiders.

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.