Allspring Global Investments Holdings LLC Acquires Shares of 22,529 Camping World Holdings, Inc. (NYSE:CWH)

Allspring Global Investments Holdings LLC acquired a new stake in shares of Camping World Holdings, Inc. (NYSE:CWHGet Rating) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 22,529 shares of the company’s stock, valued at approximately $910,000.

Other large investors also recently made changes to their positions in the company. Dark Forest Capital Management LP purchased a new position in Camping World during the third quarter valued at $40,000. Wagner Wealth Management LLC purchased a new position in Camping World during the third quarter valued at $45,000. National Bank of Canada FI purchased a new position in Camping World during the fourth quarter valued at $61,000. Janney Montgomery Scott LLC bought a new stake in shares of Camping World in the 4th quarter worth $213,000. Finally, Penn Mutual Asset Management LLC increased its holdings in shares of Camping World by 11.6% in the 3rd quarter. Penn Mutual Asset Management LLC now owns 5,305 shares of the company’s stock worth $196,000 after purchasing an additional 550 shares in the last quarter. Institutional investors and hedge funds own 80.95% of the company’s stock.

Shares of CWH opened at $25.84 on Friday. The business has a fifty day moving average of $29.45 and a 200 day moving average of $35.49. Camping World Holdings, Inc. has a one year low of $25.43 and a one year high of $49.20. The company has a debt-to-equity ratio of 6.30, a current ratio of 1.43 and a quick ratio of 0.31. The firm has a market capitalization of $2.21 billion, a P/E ratio of 4.31 and a beta of 2.96.

Camping World (NYSE:CWHGet Rating) last released its quarterly earnings results on Tuesday, February 22nd. The company reported $0.62 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.64 by ($0.02). Camping World had a net margin of 4.03% and a return on equity of 131.23%. The company had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $1.30 billion. During the same period in the prior year, the firm posted $0.34 EPS. The business’s revenue for the quarter was up 21.5% on a year-over-year basis. Analysts expect that Camping World Holdings, Inc. will post 5.67 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 29th. Shareholders of record on Monday, March 14th were issued a dividend of $0.625 per share. This represents a $2.50 annualized dividend and a yield of 9.67%. The ex-dividend date was Friday, March 11th. This is a positive change from Camping World’s previous quarterly dividend of $0.50. Camping World’s payout ratio is currently 41.74%.

A number of analysts have commented on CWH shares. Robert W. Baird reduced their target price on Camping World from $56.00 to $40.00 in a report on Thursday, February 24th. StockNews.com started coverage on Camping World in a report on Thursday, March 31st. They issued a “hold” rating for the company. DA Davidson started coverage on Camping World in a report on Wednesday, April 13th. They issued a “neutral” rating and a $29.00 target price for the company. Raymond James reduced their target price on Camping World from $54.00 to $45.00 and set an “outperform” rating for the company in a report on Thursday, February 24th. Finally, JPMorgan Chase & Co. reduced their target price on Camping World from $66.00 to $58.00 in a report on Thursday, February 24th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Camping World has an average rating of “Hold” and an average target price of $48.50.

Camping World Company Profile (Get Rating)

Camping World Holdings, Inc, through its subsidiaries, retails recreational vehicles (RVs), and related products and services. 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.

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Institutional Ownership by Quarter for Camping World (NYSE:CWH)

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