First Trust Advisors LP trimmed its stake in shares of Camping World Holdings, Inc. (NYSE:CWH – Get Rating) by 30.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 249,847 shares of the company’s stock after selling 109,385 shares during the quarter. First Trust Advisors LP owned 0.30% of Camping World worth $5,577,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main bought a new stake in shares of Camping World during the 2nd quarter valued at $28,000. Ensign Peak Advisors Inc bought a new stake in shares of Camping World during the 3rd quarter valued at $70,000. U.S. Capital Wealth Advisors LLC bought a new stake in shares of Camping World during the 4th quarter valued at $105,000. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Camping World by 9.5% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,337 shares of the company’s stock worth $141,000 after acquiring an additional 552 shares during the last quarter. Finally, Nisa Investment Advisors LLC increased its stake in Camping World by 79.8% in the 4th quarter. Nisa Investment Advisors LLC now owns 6,730 shares of the company’s stock worth $150,000 after acquiring an additional 2,987 shares during the last quarter. 36.92% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
A number of brokerages have weighed in on CWH. TheStreet lowered Camping World from a “b-” rating to a “c” rating in a research note on Tuesday, February 21st. Stephens restated an “overweight” rating and issued a $31.00 target price on shares of Camping World in a research note on Wednesday, February 22nd. Raymond James decreased their target price on Camping World from $28.00 to $27.00 in a research note on Thursday, May 4th. StockNews.com began coverage on Camping World in a research note on Thursday, May 18th. They issued a “hold” rating on the stock. Finally, BMO Capital Markets upgraded Camping World from a “market perform” rating to an “outperform” rating and upped their target price for the stock from $26.00 to $35.00 in a research note on Wednesday. Two analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $30.86.
Camping World Price Performance
Camping World (NYSE:CWH – Get Rating) last issued its earnings results on Tuesday, May 2nd. The company reported $0.09 earnings per share for the quarter, beating the consensus estimate of ($0.13) by $0.22. The company had revenue of $1.49 billion during the quarter, compared to analysts’ expectations of $1.50 billion. Camping World had a return on equity of 41.01% and a net margin of 1.40%. Sell-side analysts forecast that Camping World Holdings, Inc. will post 1.14 EPS for the current fiscal year.
Camping World Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, June 29th. Investors of record on Wednesday, June 14th will be issued a dividend of $0.625 per share. This represents a $2.50 annualized dividend and a yield of 9.06%. The ex-dividend date is Tuesday, June 13th. Camping World’s dividend payout ratio is presently 111.61%.
Camping World Profile
Camping World Holdings, Inc operates as a retailer of recreational vehicles (RV) and related products and services. It operates through the following segments: Good Sam Services & Plans, and RV & Outdoor Retail. The Good Sam Services & Plans segment consists of programs, plans, and services that are geared towards protecting, insuring, and promoting the RV lifestyle.
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