Charles Schwab Investment Management Inc. Purchases 175,554 Shares of Camping World Holdings, Inc. (NYSE:CWH)

Charles Schwab Investment Management Inc. grew its holdings in shares of Camping World Holdings, Inc. (NYSE:CWH) by 26.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 827,823 shares of the company’s stock after buying an additional 175,554 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.97% of Camping World worth $17,451,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of CWH. Quest Partners LLC grew its position in shares of Camping World by 5,647.8% during the 3rd quarter. Quest Partners LLC now owns 1,322 shares of the company’s stock valued at $32,000 after purchasing an additional 1,299 shares in the last quarter. Blue Trust Inc. increased its stake in shares of Camping World by 195.0% during the fourth quarter. Blue Trust Inc. now owns 1,534 shares of the company’s stock valued at $32,000 after purchasing an additional 1,014 shares in the last quarter. Truvestments Capital LLC purchased a new position in Camping World in the third quarter worth about $165,000. Blueshift Asset Management LLC purchased a new position in Camping World in the 3rd quarter worth about $214,000. Finally, Proficio Capital Partners LLC bought a new position in Camping World in the fourth quarter valued at about $239,000. 52.54% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Camping World

In other Camping World news, President Matthew D. Wagner bought 5,725 shares of the firm’s stock in a transaction that occurred on Tuesday, March 4th. The stock was purchased at an average price of $17.61 per share, for a total transaction of $100,817.25. Following the purchase, the president now directly owns 300,640 shares in the company, valued at $5,294,270.40. This trade represents a 1.94 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 43.80% of the stock is owned by corporate insiders.

Camping World Price Performance

Shares of CWH opened at $17.04 on Friday. The stock’s 50 day moving average is $20.91 and its two-hundred day moving average is $22.14. Camping World Holdings, Inc. has a twelve month low of $15.39 and a twelve month high of $28.33. The company has a current ratio of 1.23, a quick ratio of 0.19 and a debt-to-equity ratio of 9.67. The firm has a market capitalization of $1.74 billion, a PE ratio of -24.69, a P/E/G 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 the consensus estimate of ($0.55). Camping World had a negative net margin of 0.40% and a negative return on equity of 23.77%. The business had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.13 billion. Research analysts anticipate that Camping World Holdings, Inc. will post -0.66 earnings per share for the current year.

Camping World Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Friday, March 14th will be paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.93%. The ex-dividend date of this dividend is Friday, March 14th. Camping World’s dividend payout ratio is currently -65.79%.

Wall Street Analysts Forecast Growth

CWH has been the topic of a number of recent analyst reports. Truist Financial raised their price target on Camping World from $26.00 to $28.00 and gave the company a “buy” rating in a report on Monday, February 10th. KeyCorp decreased their target price on Camping World from $27.00 to $22.00 and set an “overweight” rating for the company in a research report on Thursday. Finally, Bank of America began coverage on shares of Camping World in a report on Thursday, December 19th. They issued a “buy” rating and a $30.00 price target for the company. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $27.00.

Camping World 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.