SFE Investment Counsel Sells 20,757 Shares of Camping World Holdings, Inc. (NYSE:CWH)

SFE Investment Counsel trimmed its position in shares of Camping World Holdings, Inc. (NYSE:CWH) by 18.3% during the fourth quarter, HoldingsChannel reports. The firm owned 92,771 shares of the company’s stock after selling 20,757 shares during the quarter. SFE Investment Counsel’s holdings in Camping World were worth $2,436,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CWH. Raymond James & Associates boosted its position in shares of Camping World by 5.2% during the first quarter. Raymond James & Associates now owns 49,959 shares of the company’s stock worth $1,396,000 after purchasing an additional 2,448 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of Camping World by 3.4% during the first quarter. Bank of New York Mellon Corp now owns 525,929 shares of the company’s stock worth $14,700,000 after purchasing an additional 17,443 shares during the period. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Camping World by 63.9% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 45,766 shares of the company’s stock valued at $1,279,000 after purchasing an additional 17,848 shares in the last quarter. MetLife Investment Management LLC lifted its holdings in shares of Camping World by 51.1% during the 1st quarter. MetLife Investment Management LLC now owns 23,224 shares of the company’s stock valued at $649,000 after purchasing an additional 7,855 shares in the last quarter. Finally, Great West Life Assurance Co. Can lifted its stake in Camping World by 12,962.0% in the first quarter. Great West Life Assurance Co. Can now owns 369,786 shares of the company’s stock valued at $10,318,000 after buying an additional 366,955 shares in the last quarter. 52.54% of the stock is owned by institutional investors.

Camping World Trading Up 2.4 %

Shares of Camping World stock traded up $0.52 during midday trading on Thursday, reaching $21.99. The company had a trading volume of 1,398,337 shares, compared to its average volume of 928,454. The stock has a fifty day moving average price of $25.90 and a 200 day moving average price of $23.56. The company has a debt-to-equity ratio of 7.55, a current ratio of 1.21 and a quick ratio of 0.16. The firm has a market cap of $1.86 billion, a PE ratio of 41.29 and a beta of 2.60. Camping World Holdings, Inc. has a fifty-two week low of $16.18 and a fifty-two week high of $32.88.

Camping World (NYSE:CWH) last posted its quarterly earnings data on Wednesday, February 21st. The company reported ($0.53) EPS for the quarter, topping analysts’ consensus estimates of ($0.59) by $0.06. The company had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.15 billion. Camping World had a return on equity of 16.62% and a net margin of 0.50%. The firm’s quarterly revenue was down 13.4% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.33) earnings per share. On average, equities analysts anticipate that Camping World Holdings, Inc. will post 1.06 earnings per share for the current year.

Camping World Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Thursday, March 14th were given a dividend of $0.125 per share. The ex-dividend date of this dividend was Wednesday, March 13th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.27%. Camping World’s payout ratio is presently 96.16%.

Insider Buying and Selling

In other news, CEO Marcus Lemonis sold 100,000 shares of the company’s stock in a transaction dated Friday, March 15th. The shares were sold at an average price of $25.63, for a total transaction of $2,563,000.00. Following the transaction, the chief executive officer now owns 405,268 shares in the company, valued at $10,387,018.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 43.80% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. StockNews.com lowered shares of Camping World from a “hold” rating to a “sell” rating in a report on Friday, February 23rd. Stephens reissued an “overweight” rating and issued a $28.00 price target (up previously from $26.00) on shares of Camping World in a research note on Wednesday, January 17th. KeyCorp lifted their price target on Camping World from $25.00 to $30.00 and gave the company an “overweight” rating in a research note on Friday, January 12th. Truist Financial upped their target price on shares of Camping World from $25.00 to $30.00 and gave the company a “buy” rating in a report on Tuesday, January 9th. Finally, Citigroup raised their target price on shares of Camping World from $26.00 to $30.00 and gave the company a “buy” rating in a research note on Tuesday, January 23rd. One investment analyst has rated the stock with a sell rating, one has given a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $30.64.

About Camping World

Camping World Holdings, Inc, together its subsidiaries, retails recreational vehicles (RVs), and related products and services in the United States. 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.