Camping World Holdings, Inc. (NYSE:CWH) Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC cut its holdings in shares of Camping World Holdings, Inc. (NYSE:CWH) by 27.0% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 31,341 shares of the company’s stock after selling 11,620 shares during the quarter. HighTower Advisors LLC’s holdings in Camping World were worth $756,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Moors & Cabot Inc. increased its stake in shares of Camping World by 2.9% in the second quarter. Moors & Cabot Inc. now owns 19,065 shares of the company’s stock worth $340,000 after acquiring an additional 531 shares during the period. Creative Planning boosted its holdings in Camping World by 8.7% in the third quarter. Creative Planning now owns 11,133 shares of the company’s stock valued at $270,000 after purchasing an additional 892 shares during the last quarter. Verdence Capital Advisors LLC grew its position in Camping World by 1.6% during the 3rd quarter. Verdence Capital Advisors LLC now owns 62,603 shares of the company’s stock worth $1,516,000 after purchasing an additional 965 shares during the period. Quest Partners LLC raised its stake in shares of Camping World by 5,647.8% during the 3rd quarter. Quest Partners LLC now owns 1,322 shares of the company’s stock valued at $32,000 after buying an additional 1,299 shares during the last quarter. Finally, The Manufacturers Life Insurance Company lifted its holdings in shares of Camping World by 7.0% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 22,872 shares of the company’s stock valued at $408,000 after buying an additional 1,491 shares during the period. 52.54% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently commented on CWH. Monness Crespi & Hardt raised their target price on Camping World from $24.00 to $30.00 and gave the stock a “buy” rating in a report on Friday, September 27th. StockNews.com upgraded Camping World from a “sell” rating to a “hold” rating in a research report on Thursday, November 14th. Raymond James raised shares of Camping World from a “market perform” rating to an “outperform” rating and set a $27.00 target price for the company in a report on Wednesday, October 30th. Truist Financial boosted their target price on shares of Camping World from $26.00 to $28.00 and gave the company a “buy” rating in a research note on Friday, September 20th. Finally, JPMorgan Chase & Co. restated a “neutral” rating and set a $24.00 price target (down previously from $25.00) on shares of Camping World in a research report on Monday, October 21st. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, Camping World presently has an average rating of “Moderate Buy” and a consensus target price of $27.75.

Camping World Trading Down 3.5 %

Shares of CWH stock opened at $21.00 on Thursday. Camping World Holdings, Inc. has a 1-year low of $17.29 and a 1-year high of $28.72. The company has a market cap of $1.78 billion, a price-to-earnings ratio of -30.43 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. The stock has a 50 day simple moving average of $23.09 and a 200-day simple moving average of $21.75.

Camping World Announces Dividend

The business also recently disclosed 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 2.38%. The ex-dividend date is Friday, December 13th. Camping World’s dividend payout ratio is presently -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.