Camping World Holdings, Inc. (NYSE:CWH) Shares Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP grew its stake in Camping World Holdings, Inc. (NYSE:CWH) by 20.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 718,578 shares of the company’s stock after purchasing an additional 121,022 shares during the period. Dimensional Fund Advisors LP owned about 0.85% of Camping World worth $12,834,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Russell Investments Group Ltd. grew its position in Camping World by 6,495.0% during the first quarter. Russell Investments Group Ltd. now owns 3,957 shares of the company’s stock valued at $110,000 after buying an additional 3,897 shares during the period. ProShare Advisors LLC acquired a new stake in shares of Camping World during the 1st quarter valued at about $209,000. Telos Capital Management Inc. purchased a new position in shares of Camping World in the 2nd quarter valued at about $196,000. Diversify Advisory Services LLC acquired a new position in Camping World in the 1st quarter worth about $353,000. Finally, Price T Rowe Associates Inc. MD boosted its position in Camping World by 8.2% during the first quarter. Price T Rowe Associates Inc. MD now owns 19,560 shares of the company’s stock worth $545,000 after purchasing an additional 1,477 shares in the last quarter. 52.54% of the stock is owned by hedge funds and other institutional investors.

Camping World Price Performance

Camping World stock opened at $23.44 on Friday. The company has a fifty day simple moving average of $22.16 and a 200-day simple moving average of $21.59. The company has a quick ratio of 0.19, a current ratio of 1.19 and a debt-to-equity ratio of 10.08. The firm has a market capitalization of $1.98 billion, a price-to-earnings ratio of -586.00 and a beta of 2.47. Camping World Holdings, Inc. has a 52-week low of $16.18 and a 52-week high of $28.72.

Camping World (NYSE:CWH) last released its earnings results on Wednesday, July 31st. The company reported $0.38 earnings per share for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.10). The business had revenue of $1.80 billion during the quarter, compared to analysts’ expectations of $1.87 billion. Camping World had a negative return on equity of 10.04% and a negative net margin of 0.22%. The company’s revenue for the quarter was down 5.3% compared to the same quarter last year. During the same period last year, the business earned $0.60 earnings per share. On average, equities analysts anticipate that Camping World Holdings, Inc. will post -0.6 EPS for the current fiscal year.

Camping World Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 25th. Shareholders of record on Friday, September 13th were paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.13%. The ex-dividend date of this dividend was Friday, September 13th. Camping World’s dividend payout ratio (DPR) is presently -1,250.00%.

Wall Street Analyst Weigh In

A number of research firms have recently commented on CWH. KeyCorp cut their price objective on Camping World from $26.00 to $25.00 and set an “overweight” rating for the company in a research report on Friday, August 2nd. Roth Mkm reduced their price objective on shares of Camping World from $28.00 to $26.00 and set a “buy” rating for the company in a research report on Monday, August 5th. Monness Crespi & Hardt increased their price objective on shares of Camping World from $24.00 to $30.00 and gave the company a “buy” rating in a report on Friday, September 27th. Finally, Truist Financial boosted their target price on shares of Camping World from $26.00 to $28.00 and gave the stock a “buy” rating in a research note on Friday, September 20th. One analyst has rated the stock with a sell rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $27.83.

Insider Transactions at Camping World

In related news, CEO Marcus Lemonis sold 125,000 shares of the company’s stock in a transaction dated Friday, September 13th. The shares were sold at an average price of $22.84, for a total value of $2,855,000.00. Following the completion of the sale, the chief executive officer now owns 155,268 shares of the company’s stock, valued at approximately $3,546,321.12. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 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.