American Century Companies Inc. Sells 124,215 Shares of Camping World Holdings Inc. (CWH)

American Century Companies Inc. lessened its stake in shares of Camping World Holdings Inc. (NYSE:CWH) by 23.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 408,988 shares of the company’s stock after selling 124,215 shares during the quarter. American Century Companies Inc. owned 1.39% of Camping World Holdings worth $16,662,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Legal & General Group Plc lifted its stake in shares of Camping World Holdings by 6.7% during the second quarter. Legal & General Group Plc now owns 3,353 shares of the company’s stock worth $103,000 after purchasing an additional 211 shares in the last quarter. Meeder Asset Management Inc. acquired a new position in shares of Camping World Holdings during the second quarter worth about $111,000. Affinity Investment Advisors LLC acquired a new position in shares of Camping World Holdings during the second quarter worth about $208,000. American International Group Inc. acquired a new position in shares of Camping World Holdings during the first quarter worth about $233,000. Finally, Alliancebernstein L.P. acquired a new position in shares of Camping World Holdings during the first quarter worth about $251,000. Institutional investors own 31.38% of the company’s stock.

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In other Camping World Holdings news, insider Roger L. Nuttall sold 67,146 shares of the company’s stock in a transaction that occurred on Tuesday, September 19th. The stock was sold at an average price of $38.55, for a total value of $2,588,478.30. Following the completion of the sale, the insider now directly owns 79,259 shares in the company, valued at $3,055,434.45. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Marcus Lemonis sold 700,000 shares of the company’s stock in a transaction that occurred on Monday, October 30th. The stock was sold at an average price of $40.50, for a total value of $28,350,000.00. The disclosure for this sale can be found here. Insiders have sold 8,239,274 shares of company stock valued at $332,471,945 over the last ninety days. Corporate insiders own 66.60% of the company’s stock.

Several research firms recently commented on CWH. Robert W. Baird reiterated a “buy” rating and issued a $40.00 price target on shares of Camping World Holdings in a research note on Friday, October 27th. Wells Fargo & Company reiterated an “outperform” rating and issued a $48.00 price target (up previously from $37.00) on shares of Camping World Holdings in a research note on Tuesday, November 7th. They noted that the move was a valuation call. Zacks Investment Research cut Camping World Holdings from a “buy” rating to a “hold” rating in a research note on Tuesday, August 22nd. Monness Crespi & Hardt reiterated a “buy” rating and issued a $47.00 price target (up previously from $40.00) on shares of Camping World Holdings in a research note on Tuesday, October 24th. Finally, KeyCorp reiterated an “overweight” rating and issued a $42.00 price target on shares of Camping World Holdings in a research note on Wednesday, August 30th. Thirteen analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $44.11.

Camping World Holdings Inc. (CWH) opened at $42.50 on Friday. The company has a market capitalization of $3,669.08 and a P/E ratio of 19.72. Camping World Holdings Inc. has a fifty-two week low of $23.49 and a fifty-two week high of $45.84. The company has a current ratio of 1.29, a quick ratio of 0.29 and a debt-to-equity ratio of 2.74.

Camping World Holdings (NYSE:CWH) last posted its earnings results on Thursday, November 9th. The company reported $0.77 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.66 by $0.11. The company had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.20 billion. Camping World Holdings had a return on equity of 116.85% and a net margin of 1.20%. The business’s revenue was up 25.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.53 earnings per share. sell-side analysts predict that Camping World Holdings Inc. will post 2.29 EPS for the current fiscal year.

Camping World Holdings 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.

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

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