Advisors Asset Management Inc. Has $1.30 Million Stock Holdings in Camping World Holdings, Inc. (NYSE:CWH)

Advisors Asset Management Inc. trimmed its position in Camping World Holdings, Inc. (NYSE:CWH) by 60.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 53,798 shares of the company’s stock after selling 82,914 shares during the quarter. Advisors Asset Management Inc. owned about 0.06% of Camping World worth $1,303,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Eminence Capital LP lifted its position in Camping World by 79.8% during the 2nd quarter. Eminence Capital LP now owns 4,344,303 shares of the company’s stock worth $77,589,000 after acquiring an additional 1,927,977 shares during the last quarter. Castleark Management LLC acquired a new position in shares of Camping World during the 1st quarter worth about $5,028,000. SG Capital Management LLC bought a new stake in Camping World during the 1st quarter valued at approximately $3,889,000. Dimensional Fund Advisors LP grew its holdings in Camping World by 20.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 718,578 shares of the company’s stock valued at $12,834,000 after buying an additional 121,022 shares during the last quarter. Finally, Coronation Fund Managers Ltd. increased its position in Camping World by 42.8% in the 2nd quarter. Coronation Fund Managers Ltd. now owns 228,676 shares of the company’s stock worth $4,084,000 after buying an additional 68,517 shares during the period. 52.54% of the stock is owned by institutional investors.

Insider Activity at Camping World

In other Camping World news, CEO Marcus Lemonis sold 121,450 shares of Camping World stock in a transaction on Wednesday, September 11th. The stock was sold at an average price of $21.80, for a total value of $2,647,610.00. Following the completion of the transaction, the chief executive officer now owns 155,268 shares in the company, valued at approximately $3,384,842.40. The trade was a 43.89 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 43.80% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

CWH has been the topic of several research analyst reports. Roth Mkm restated a “buy” rating and issued a $28.00 price objective (up previously from $26.00) on shares of Camping World in a research note on Wednesday, October 30th. Monness Crespi & Hardt boosted their price objective on shares of Camping World from $24.00 to $30.00 and gave the stock a “buy” rating in a report on Friday, September 27th. JPMorgan Chase & Co. reissued a “neutral” rating and set a $24.00 target price (down from $25.00) on shares of Camping World in a research report on Monday, October 21st. KeyCorp upped their price target on Camping World from $25.00 to $27.00 and gave the company an “overweight” rating in a report on Wednesday, October 30th. Finally, StockNews.com upgraded Camping World from a “sell” rating to a “hold” rating in a research report on Thursday, November 14th. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $27.75.

Camping World Price Performance

Shares of CWH stock opened at $25.14 on Tuesday. The stock’s fifty day simple moving average is $23.10 and its 200 day simple moving average is $21.33. Camping World Holdings, Inc. has a one year low of $17.29 and a one year high of $28.72. The firm has a market cap of $2.14 billion, a price-to-earnings ratio of -36.45 and a beta of 2.49. The company has a debt-to-equity ratio of 9.67, a current ratio of 1.23 and a quick ratio of 0.19.

Camping World Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Friday, December 13th will be given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.99%. The ex-dividend date of this dividend is Friday, December 13th. Camping World’s dividend payout ratio (DPR) is currently -72.46%.

Camping World Profile

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.