Kennedy Capital Management Inc. purchased a new stake in Camping World Holdings Inc (NYSE:CWH) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 179,673 shares of the company’s stock, valued at approximately $8,037,000. Kennedy Capital Management Inc. owned approximately 0.21% of Camping World as of its most recent SEC filing.
Other hedge funds also recently bought and sold shares of the company. Bamco Inc. NY lifted its stake in shares of Camping World by 9.6% in the 3rd quarter. Bamco Inc. NY now owns 2,335,600 shares of the company’s stock valued at $95,152,000 after purchasing an additional 205,000 shares during the period. BlackRock Inc. raised its stake in Camping World by 36.3% during the 4th quarter. BlackRock Inc. now owns 1,885,609 shares of the company’s stock worth $84,344,000 after buying an additional 502,212 shares during the period. Citadel Advisors LLC increased its holdings in Camping World by 1,380.3% during the 4th quarter. Citadel Advisors LLC now owns 1,343,779 shares of the company’s stock worth $60,107,000 after purchasing an additional 1,253,001 shares in the last quarter. Eagle Asset Management Inc. increased its holdings in Camping World by 4.5% during the 3rd quarter. Eagle Asset Management Inc. now owns 1,147,173 shares of the company’s stock worth $45,886,000 after purchasing an additional 49,155 shares in the last quarter. Finally, Waratah Capital Advisors Ltd. increased its holdings in Camping World by 14.4% during the 4th quarter. Waratah Capital Advisors Ltd. now owns 1,032,203 shares of the company’s stock worth $46,170,000 after purchasing an additional 129,638 shares in the last quarter. Hedge funds and other institutional investors own 42.89% of the company’s stock.
Camping World Holdings Inc (NYSE:CWH) traded up $3.78 during mid-day trading on Wednesday, hitting $40.37. 3,352,191 shares of the stock traded hands, compared to its average volume of 740,437. Camping World Holdings Inc has a 1 year low of $26.30 and a 1 year high of $47.62. The stock has a market capitalization of $3,530.00 and a price-to-earnings ratio of -12.54. The company has a quick ratio of 0.29, a current ratio of 1.29 and a debt-to-equity ratio of 2.74.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 30th. Stockholders of record on Friday, March 16th will be given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.79%. The ex-dividend date of this dividend is Thursday, March 15th. Camping World’s payout ratio is -9.94%.
Several research firms have recently issued reports on CWH. Robert W. Baird reaffirmed a “buy” rating and issued a $50.00 target price on shares of Camping World in a report on Friday, December 22nd. Northcoast Research initiated coverage on Camping World in a report on Friday, January 26th. They issued a “buy” rating and a $56.00 target price for the company. BMO Capital Markets increased their price objective on Camping World from $53.00 to $62.00 and gave the company an “outperform” rating in a report on Thursday, March 1st. ValuEngine upgraded Camping World from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Finally, KeyCorp set a $52.00 target price on Camping World and gave the stock a “buy” rating in a research report on Wednesday, February 28th. One equities research analyst has rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $49.38.
In other news, insider Brent L. Moody sold 100,000 shares of the company’s stock in a transaction dated Thursday, December 28th. The shares were sold at an average price of $45.47, for a total transaction of $4,547,000.00. Following the sale, the insider now directly owns 193,494 shares in the company, valued at approximately $8,798,172.18. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Roger L. Nuttall sold 33,555 shares of the company’s stock in a transaction dated Tuesday, December 26th. The shares were sold at an average price of $45.78, for a total transaction of $1,536,147.90. Following the transaction, the insider now owns 156,055 shares in the company, valued at $7,144,197.90. The disclosure for this sale can be found here. Insiders own 66.60% of the company’s stock.
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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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