Victory Capital Management Inc. Has $352,000 Position in Camping World Holdings, Inc. (NYSE:CWH)

Victory Capital Management Inc. lowered its holdings in Camping World Holdings, Inc. (NYSE:CWH) by 84.1% during the third quarter, Holdings Channel.com reports. The firm owned 14,525 shares of the company’s stock after selling 76,834 shares during the period. Victory Capital Management Inc.’s holdings in Camping World were worth $352,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of CWH. Point72 DIFC Ltd acquired a new position in Camping World in the second quarter worth $50,000. Russell Investments Group Ltd. lifted its stake in shares of Camping World by 6,495.0% during the first quarter. Russell Investments Group Ltd. now owns 3,957 shares of the company’s stock valued at $110,000 after acquiring an additional 3,897 shares during the period. nVerses Capital LLC acquired a new position in shares of Camping World during the third quarter valued at $191,000. Telos Capital Management Inc. acquired a new position in shares of Camping World during the second quarter valued at $196,000. Finally, Handelsbanken Fonder AB acquired a new position in shares of Camping World during the third quarter valued at $240,000. Institutional investors and hedge funds own 52.54% of the company’s stock.

Insiders Place Their Bets

In other Camping World news, CEO Marcus Lemonis sold 125,000 shares of the stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $22.84, for a total value of $2,855,000.00. Following the completion of the sale, the chief executive officer now directly owns 155,268 shares in the company, valued at $3,546,321.12. This represents a 44.60 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 43.80% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Camping World Trading Down 0.3 %

NYSE:CWH opened at $24.48 on Friday. Camping World Holdings, Inc. has a 1-year low of $17.29 and a 1-year high of $28.72. The business’s 50-day moving average price is $23.16 and its two-hundred day moving average price is $21.44. The company has a current ratio of 1.23, a quick ratio of 0.19 and a debt-to-equity ratio of 9.67. The firm has a market capitalization of $2.08 billion, a price-to-earnings ratio of -35.48 and a beta of 2.49.

Camping World Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 30th. Shareholders of record on Friday, December 13th will be issued a $0.125 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.50 annualized dividend and a dividend yield of 2.04%. Camping World’s dividend payout ratio (DPR) is currently -72.46%.

Camping World Company 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.