Lane Generational LLC grew its position in Camping World Holdings, Inc. (NYSE:CWH – Get Rating) by 17.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 150,554 shares of the company’s stock after purchasing an additional 22,826 shares during the quarter. Camping World makes up 3.9% of Lane Generational LLC’s investment portfolio, making the stock its 14th largest position. Lane Generational LLC’s holdings in Camping World were worth $4,208,000 at the end of the most recent quarter.
Several other institutional investors have also modified their holdings of the company. Millennium Management LLC lifted its position in shares of Camping World by 63.7% during the 4th quarter. Millennium Management LLC now owns 972,806 shares of the company’s stock worth $39,301,000 after purchasing an additional 378,660 shares during the last quarter. Kanen Wealth Management LLC lifted its position in Camping World by 9.4% in the fourth quarter. Kanen Wealth Management LLC now owns 621,138 shares of the company’s stock valued at $25,094,000 after acquiring an additional 53,590 shares during the last quarter. Victory Capital Management Inc. purchased a new stake in Camping World in the first quarter valued at $9,372,000. Dimensional Fund Advisors LP lifted its position in Camping World by 4.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 332,576 shares of the company’s stock valued at $13,436,000 after acquiring an additional 15,442 shares during the last quarter. Finally, Shell Asset Management Co. lifted its position in Camping World by 5,913.0% in the fourth quarter. Shell Asset Management Co. now owns 271,128 shares of the company’s stock valued at $10,954,000 after acquiring an additional 266,619 shares during the last quarter. 84.47% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling at Camping World
In other Camping World news, CEO Marcus Lemonis purchased 38,350 shares of Camping World stock in a transaction on Friday, June 10th. The shares were bought at an average price of $26.36 per share, with a total value of $1,010,906.00. Following the completion of the acquisition, the chief executive officer now directly owns 121,450 shares of the company’s stock, valued at $3,201,422. The transaction was disclosed in a document filed with the SEC, which is available through this link. Insiders own 47.50% of the company’s stock.
Camping World Trading Down 1.6 %
Camping World (NYSE:CWH – Get Rating) last issued its earnings results on Tuesday, August 2nd. The company reported $2.16 earnings per share for the quarter, topping the consensus estimate of $1.95 by $0.21. Camping World had a net margin of 3.31% and a return on equity of 87.92%. During the same quarter last year, the company earned $2.40 EPS. As a group, equities research analysts anticipate that Camping World Holdings, Inc. will post 5.04 earnings per share for the current year.
Camping World Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 29th. Shareholders of record on Tuesday, June 14th were issued a $0.625 dividend. This represents a $2.50 annualized dividend and a dividend yield of 7.99%. The ex-dividend date was Monday, June 13th. Camping World’s dividend payout ratio (DPR) is presently 47.26%.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently weighed in on the stock. Truist Financial reduced their price target on shares of Camping World to $26.00 in a research report on Thursday, May 26th. Raymond James upped their target price on shares of Camping World from $32.00 to $36.00 and gave the company an “outperform” rating in a report on Thursday, August 4th. Monness Crespi & Hardt upped their target price on shares of Camping World from $32.00 to $36.00 and gave the company a “buy” rating in a report on Thursday, August 4th. Finally, TheStreet raised shares of Camping World from a “c+” rating to a “b-” rating in a report on Friday. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Camping World has an average rating of “Hold” and a consensus price target of $37.50.
Camping World Company Profile
Camping World Holdings, Inc, through its subsidiaries, retails recreational vehicles (RVs), and related products and services. It operates in two segments, Good Sam Services and Plans; and RV and Outdoor Retail. The company provides a portfolio of services, protection plans, products, and resources in the RV industry.
- Get a free copy of the StockNews.com research report on Camping World (CWH)
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