Moors & Cabot Inc. Has $339,000 Stock Holdings in Camping World Holdings, Inc. (NYSE:CWH)

Moors & Cabot Inc. decreased its position in Camping World Holdings, Inc. (NYSE:CWH) by 14.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 16,069 shares of the company’s stock after selling 2,824 shares during the period. Moors & Cabot Inc.’s holdings in Camping World were worth $339,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Quest Partners LLC raised its stake in shares of Camping World by 5,647.8% in the third quarter. Quest Partners LLC now owns 1,322 shares of the company’s stock valued at $32,000 after purchasing an additional 1,299 shares in the last quarter. Intech Investment Management LLC acquired a new position in shares of Camping World in the 3rd quarter valued at $261,000. Charles Schwab Investment Management Inc. boosted its position in shares of Camping World by 11.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 652,269 shares of the company’s stock valued at $15,798,000 after acquiring an additional 65,798 shares in the last quarter. Citigroup Inc. increased its stake in Camping World by 22.6% in the third quarter. Citigroup Inc. now owns 360,258 shares of the company’s stock valued at $8,725,000 after acquiring an additional 66,355 shares during the period. Finally, Truvestments Capital LLC acquired a new position in Camping World in the third quarter worth about $165,000. Institutional investors own 52.54% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Truist Financial lifted their price objective on Camping World from $26.00 to $28.00 and gave the company a “buy” rating in a report on Monday, February 10th. Bank of America started coverage on shares of Camping World in a report on Thursday, December 19th. They issued a “buy” rating and a $30.00 target price on the stock. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $27.71.

Camping World Trading Up 3.6 %

CWH opened at $16.65 on Friday. The company has a current ratio of 1.23, a quick ratio of 0.19 and a debt-to-equity ratio of 9.67. The stock has a market capitalization of $1.70 billion, a PE ratio of -24.14, a PEG ratio of 0.92 and a beta of 2.57. The firm has a 50-day moving average price of $21.29 and a two-hundred day moving average price of $22.28. Camping World Holdings, Inc. has a 1-year low of $15.39 and a 1-year high of $28.33.

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

Camping World Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Friday, March 14th will be paid a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.00%. The ex-dividend date is Friday, March 14th. Camping World’s dividend payout ratio (DPR) is -65.79%.

Insider Activity at Camping World

In related news, President Matthew D. Wagner purchased 5,725 shares of the business’s stock in a transaction dated Tuesday, March 4th. The shares were bought at an average price of $17.61 per share, with a total value of $100,817.25. Following the purchase, the president now directly owns 300,640 shares in the company, valued at $5,294,270.40. This trade represents a 1.94 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. 43.80% of the stock is currently owned by company insiders.

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.