Camping World Holdings, Inc. (NYSE:CWH) Stock Position Raised by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lifted its stake in shares of Camping World Holdings, Inc. (NYSE:CWH) by 11.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 652,269 shares of the company’s stock after acquiring an additional 65,798 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Camping World were worth $15,798,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the business. Eminence Capital LP lifted its holdings in shares of Camping World by 79.8% in the second quarter. Eminence Capital LP now owns 4,344,303 shares of the company’s stock valued at $77,589,000 after purchasing an additional 1,927,977 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Camping World by 20.3% in the second quarter. Dimensional Fund Advisors LP now owns 718,578 shares of the company’s stock valued at $12,834,000 after purchasing an additional 121,022 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Camping World by 3.9% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 350,881 shares of the company’s stock valued at $6,267,000 after purchasing an additional 13,266 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Camping World by 6.9% in the second quarter. Bank of New York Mellon Corp now owns 336,682 shares of the company’s stock valued at $6,013,000 after purchasing an additional 21,842 shares in the last quarter. Finally, Coronation Fund Managers Ltd. lifted its holdings in shares of Camping World by 42.8% in the second quarter. Coronation Fund Managers Ltd. now owns 228,676 shares of the company’s stock valued at $4,084,000 after purchasing an additional 68,517 shares in the last quarter. Hedge funds and other institutional investors own 52.54% of the company’s stock.

Camping World Trading Up 2.9 %

Shares of CWH stock opened at $24.69 on Friday. The business’s 50 day moving average is $23.11 and its two-hundred day moving average is $21.55. The company has a quick ratio of 0.19, a current ratio of 1.23 and a debt-to-equity ratio of 9.67. Camping World Holdings, Inc. has a 12 month low of $17.29 and a 12 month high of $28.72. The company has a market cap of $2.10 billion, a PE ratio of -35.78 and a beta of 2.49.

Camping World Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Shareholders 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 yield of 2.03%. The ex-dividend date of this dividend is Friday, December 13th. Camping World’s dividend payout ratio is -72.46%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on CWH. StockNews.com upgraded Camping World from a “sell” rating to a “hold” rating in a report on Thursday, November 14th. Monness Crespi & Hardt lifted their price objective on Camping World from $24.00 to $30.00 and gave the company a “buy” rating in a research report on Friday, September 27th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $24.00 price target (down from $25.00) on shares of Camping World in a research note on Monday, October 21st. Truist Financial boosted their price target on Camping World from $26.00 to $28.00 and gave the company a “buy” rating in a research note on Friday, September 20th. Finally, Roth Mkm reaffirmed a “buy” rating and set a $28.00 price objective (up previously from $26.00) on shares of Camping World in a research report on Wednesday, October 30th. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $27.75.

Insider Buying and Selling at Camping World

In other news, CEO Marcus Lemonis sold 125,000 shares of the firm’s stock in a transaction on Friday, September 13th. The shares were sold at an average price of $22.84, for a total value of $2,855,000.00. Following the sale, the chief executive officer now owns 155,268 shares in the company, valued at approximately $3,546,321.12. This trade represents a 44.60 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 43.80% of the company’s stock.

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.