Alliancebernstein L.P. grew its stake in Camping World Holdings Inc (NYSE:CWH) by 409.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 86,600 shares of the company’s stock after purchasing an additional 69,600 shares during the period. Alliancebernstein L.P. owned approximately 0.10% of Camping World worth $3,874,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds also recently bought and sold shares of the company. California Public Employees Retirement System grew its position in shares of Camping World by 13.7% in the fourth quarter. California Public Employees Retirement System now owns 10,800 shares of the company’s stock valued at $483,000 after purchasing an additional 1,300 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in Camping World by 0.9% in the third quarter. Ameriprise Financial Inc. now owns 269,493 shares of the company’s stock valued at $10,980,000 after acquiring an additional 2,362 shares during the last quarter. Legal & General Group Plc lifted its holdings in Camping World by 85.9% in the third quarter. Legal & General Group Plc now owns 6,233 shares of the company’s stock valued at $252,000 after acquiring an additional 2,880 shares during the last quarter. Rhumbline Advisers lifted its holdings in Camping World by 12.4% in the fourth quarter. Rhumbline Advisers now owns 28,461 shares of the company’s stock valued at $1,273,000 after acquiring an additional 3,135 shares during the last quarter. Finally, Meridian Investment Counsel Inc. acquired a new position in Camping World in the fourth quarter valued at approximately $201,000. Institutional investors and hedge funds own 42.80% of the company’s stock.
NYSE:CWH opened at $32.25 on Monday. The company has a debt-to-equity ratio of 9.99, a quick ratio of 0.29 and a current ratio of 1.36. Camping World Holdings Inc has a 52 week low of $26.30 and a 52 week high of $47.62. The firm has a market cap of $2,824.62, a price-to-earnings ratio of 14.08, a PEG ratio of 0.83 and a beta of 1.87.
The company also recently declared a quarterly dividend, which was paid on Friday, March 30th. Shareholders of record on Friday, March 16th were paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.99%. The ex-dividend date of this dividend was Thursday, March 15th. Camping World’s dividend payout ratio (DPR) is 13.97%.
In other Camping World news, CEO Marcus Lemonis sold 130,000 shares of the company’s stock in a transaction on Thursday, March 15th. The stock was sold at an average price of $35.51, for a total transaction of $4,616,300.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 66.60% of the stock is owned by corporate insiders.
CWH has been the topic of a number of recent analyst reports. Zacks Investment Research cut Camping World from a “buy” rating to a “hold” rating in a report on Wednesday, January 31st. Robert W. Baird reiterated a “buy” rating and issued a $50.00 price objective on shares of Camping World in a report on Friday, December 22nd. ValuEngine upgraded Camping World from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Monness Crespi & Hardt reiterated a “buy” rating and issued a $55.00 price objective (up from $47.00) on shares of Camping World in a report on Monday, January 29th. Finally, Northcoast Research initiated coverage on Camping World in a report on Friday, January 26th. They issued a “buy” rating and a $56.00 price objective on the stock. One analyst has rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $49.38.
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About Camping World
Camping World Holdings, Inc is a provider of a portfolio of services, protection plans, products and resources for recreational vehicle (RV) enthusiasts. The Company operates through two segments: Consumer Services and Plans, and Retail. Within the Consumer Services and Plans segment, the Company derives revenue from the sale of the offerings, including emergency roadside assistance; property and casualty insurance programs; travel assist programs; extended vehicle service contracts; co branded credit cards; vehicle financing and refinancing; club memberships, and publications and directories.
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