Camping World Holdings Inc (CWH) Holdings Cut by Strs Ohio

Strs Ohio lessened its position in Camping World Holdings Inc (NYSE:CWH) by 2.8% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 826,288 shares of the company’s stock after selling 23,712 shares during the period. Strs Ohio’s holdings in Camping World were worth $11,493,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Camelot Portfolios LLC bought a new stake in Camping World in the 4th quarter worth $115,000. Symons Capital Management Inc. bought a new stake in Camping World in the 4th quarter worth $138,000. BlackRock Inc. grew its holdings in Camping World by 1.1% in the 3rd quarter. BlackRock Inc. now owns 2,161,974 shares of the company’s stock worth $46,095,000 after acquiring an additional 24,524 shares during the last quarter. Wells Fargo & Company MN grew its holdings in Camping World by 91.9% in the 3rd quarter. Wells Fargo & Company MN now owns 219,777 shares of the company’s stock worth $4,686,000 after acquiring an additional 105,234 shares during the last quarter. Finally, Private Management Group Inc. grew its holdings in Camping World by 5.4% in the 4th quarter. Private Management Group Inc. now owns 797,459 shares of the company’s stock worth $9,147,000 after acquiring an additional 40,893 shares during the last quarter. 41.70% of the stock is currently owned by institutional investors and hedge funds.

In other Camping World news, major shareholder Abrams Capital Management, L.P purchased 29,904 shares of the stock in a transaction that occurred on Friday, March 8th. The stock was bought at an average cost of $11.94 per share, with a total value of $357,053.76. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Marcus Lemonis purchased 99,094 shares of the stock in a transaction that occurred on Friday, March 15th. The shares were acquired at an average cost of $13.27 per share, with a total value of $1,314,977.38. The disclosure for this purchase can be found here. Over the last three months, insiders have purchased 185,648 shares of company stock valued at $2,406,215. 49.40% of the stock is currently owned by corporate insiders.

A number of equities research analysts have issued reports on the stock. Robert W. Baird reissued an “outperform” rating on shares of Camping World in a report on Tuesday, March 19th. Bank of America assumed coverage on shares of Camping World in a research report on Tuesday, March 26th. They issued a “neutral” rating and a $15.00 target price for the company. Zacks Investment Research raised shares of Camping World from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 12th. Wells Fargo & Co cut shares of Camping World from an “outperform” rating to a “market perform” rating and dropped their target price for the stock from $33.00 to $13.50 in a research report on Friday, March 8th. Finally, Jefferies Financial Group assumed coverage on shares of Camping World in a research report on Thursday, March 28th. They issued a “hold” rating and a $15.00 target price for the company. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $23.42.

NYSE:CWH opened at $13.62 on Wednesday. Camping World Holdings Inc has a 12 month low of $11.01 and a 12 month high of $30.09. The company has a debt-to-equity ratio of 36.20, a current ratio of 1.45 and a quick ratio of 0.25. The stock has a market capitalization of $1.18 billion, a PE ratio of 12.16, a P/E/G ratio of 0.72 and a beta of 2.71.

Camping World (NYSE:CWH) last posted its earnings results on Thursday, March 7th. The company reported ($0.34) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.04 by ($0.38). Camping World had a return on equity of 135.20% and a net margin of 0.31%. The company had revenue of $982.39 million during the quarter, compared to analysts’ expectations of $973.80 million. As a group, research analysts forecast that Camping World Holdings Inc will post 1.59 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were given a dividend of $0.08 per share. The ex-dividend date was Thursday, March 14th. This represents a $0.32 dividend on an annualized basis and a yield of 2.35%. Camping World’s dividend payout ratio (DPR) is currently 28.57%.

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Camping World Company Profile

Camping World Holdings, Inc, through its subsidiaries, operates as an outdoor and camping retailer. The company operates through three segments: Consumer Services and Plans, Dealership, and Retail. It provides a portfolio of services, protection plans, products, and resources for recreational vehicle (RV) owners and camping enthusiasts.

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Institutional Ownership by Quarter for Camping World (NYSE:CWH)

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