Charles Schwab Investment Management Inc. Has $17.45 Million Position in Camping World Holdings, Inc. (NYSE:CWH)

Charles Schwab Investment Management Inc. grew its stake in shares of Camping World Holdings, Inc. (NYSE:CWH) by 26.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 827,823 shares of the company’s stock after buying an additional 175,554 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Camping World were worth $17,451,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CWH. A&I Financial Services LLC bought a new stake in Camping World in the fourth quarter valued at approximately $479,000. Versor Investments LP bought a new position in Camping World during the 4th quarter worth approximately $266,000. Proficio Capital Partners LLC acquired a new position in shares of Camping World during the 4th quarter valued at $239,000. Camelot Portfolios LLC grew its holdings in shares of Camping World by 3.7% during the fourth quarter. Camelot Portfolios LLC now owns 14,100 shares of the company’s stock valued at $297,000 after buying an additional 500 shares during the last quarter. Finally, Handelsbanken Fonder AB increased its stake in Camping World by 48.5% in the 4th quarter. Handelsbanken Fonder AB now owns 14,700 shares of the company’s stock valued at $310,000 after buying an additional 4,800 shares during the last quarter. 52.54% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Camping World

In other Camping World news, President Matthew D. Wagner purchased 5,725 shares of Camping World stock in a transaction dated Tuesday, March 4th. The stock was acquired at an average cost of $17.61 per share, with a total value of $100,817.25. Following the acquisition, the president now directly owns 300,640 shares of the company’s stock, valued at $5,294,270.40. This represents a 1.94 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 43.80% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently issued reports on CWH shares. Bank of America initiated coverage on Camping World in a report on Thursday, December 19th. They set a “buy” rating and a $30.00 price objective on the stock. KeyCorp decreased their target price on shares of Camping World from $27.00 to $22.00 and set an “overweight” rating for the company in a report on Thursday. Finally, 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 Monday, February 10th. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $27.00.

Camping World Price Performance

NYSE:CWH opened at $17.04 on Friday. 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 Holdings, Inc. has a 1-year low of $15.39 and a 1-year high of $28.33. The company has a 50 day moving average price of $20.91 and a 200-day moving average price of $22.14. The firm has a market cap of $1.74 billion, a price-to-earnings ratio of -24.69, a price-to-earnings-growth ratio of 0.92 and a beta of 2.57.

Camping World (NYSE:CWH) last released its quarterly earnings data on Tuesday, February 25th. The company reported ($0.55) EPS for the quarter, meeting analysts’ consensus estimates of ($0.55). The company had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.13 billion. Camping World had a negative net margin of 0.40% and a negative return on equity of 23.77%. Equities research analysts forecast that Camping World Holdings, Inc. will post -0.66 EPS for the current year.

Camping World Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Friday, March 14th will be issued a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 2.93%. The ex-dividend date of this dividend is Friday, March 14th. Camping World’s dividend payout ratio (DPR) is presently -65.79%.

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.