Wells Fargo & Company MN grew its holdings in Camping World Holdings Inc (NYSE:CWH) by 13.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 406,326 shares of the company’s stock after buying an additional 46,937 shares during the quarter. Wells Fargo & Company MN’s holdings in Camping World were worth $18,176,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Eagle Asset Management Inc. lifted its stake in shares of Camping World by 4.5% in the 3rd quarter. Eagle Asset Management Inc. now owns 1,147,173 shares of the company’s stock valued at $45,886,000 after purchasing an additional 49,155 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of Camping World by 0.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 269,493 shares of the company’s stock valued at $10,980,000 after purchasing an additional 2,362 shares during the period. State Street Corp lifted its stake in shares of Camping World by 24.6% in the 2nd quarter. State Street Corp now owns 354,492 shares of the company’s stock valued at $10,937,000 after purchasing an additional 69,897 shares during the period. Scott & Selber Inc. purchased a new position in shares of Camping World in the 3rd quarter valued at approximately $1,404,000. Finally, California State Teachers Retirement System lifted its stake in shares of Camping World by 73.6% in the 3rd quarter. California State Teachers Retirement System now owns 37,662 shares of the company’s stock valued at $1,534,000 after purchasing an additional 15,962 shares during the period. Institutional investors and hedge funds own 42.89% of the company’s stock.
A number of research firms have recently commented on CWH. ValuEngine upgraded Camping World from a “buy” rating to a “strong-buy” rating in a research note on Thursday, March 1st. BMO Capital Markets raised their target price on Camping World from $53.00 to $62.00 and gave the company an “outperform” rating in a research note on Thursday, March 1st. Zacks Investment Research upgraded Camping World from a “hold” rating to a “buy” rating and set a $51.00 target price for the company in a research note on Monday, January 29th. Credit Suisse Group set a $52.00 target price on Camping World and gave the company a “buy” rating in a research note on Wednesday, February 28th. Finally, KeyCorp set a $52.00 price objective on Camping World and gave the company a “buy” rating in a research note on Wednesday, February 28th. One investment analyst has rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Camping World presently has a consensus rating of “Buy” and an average target price of $49.38.
Camping World Holdings Inc (CWH) opened at $37.54 on Monday. The stock has a market capitalization of $3,280.00 and a price-to-earnings ratio of -11.66. Camping World Holdings Inc has a one year low of $26.30 and a one year high of $47.62. The company has a debt-to-equity ratio of 2.74, a quick ratio of 0.29 and a current ratio of 1.29.
Camping World (NYSE:CWH) last announced its quarterly earnings data on Tuesday, February 27th. The company reported $0.25 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.23 by $0.02. The business had revenue of $888.99 million during the quarter, compared to analysts’ expectations of $804.84 million. Camping World had a positive return on equity of 88.85% and a negative net margin of 0.42%. equities research analysts forecast that Camping World Holdings Inc will post 2.7 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Friday, March 16th will be issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.85%. The ex-dividend date of this dividend is Thursday, March 15th. Camping World’s payout ratio is -9.94%.
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Camping World Profile
Camping World Holdings, Inc is a provider of a portfolio of services, protection plans, products and resources for recreational vehicle (RV) enthusiasts. The Company operates through two segments: Consumer Services and Plans, and Retail. Within the Consumer Services and Plans segment, the Company derives revenue from the sale of the offerings, including emergency roadside assistance; property and casualty insurance programs; travel assist programs; extended vehicle service contracts; co branded credit cards; vehicle financing and refinancing; club memberships, and publications and directories.
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