1 week Ago By ABMN Staff
Norges Bank purchased a new stake in Camping World Holdings, Inc. ( NYSE:CWH – Free Report ) in the 4th quarter, HoldingsChannel reports. The firm purchased 514,580 shares of the company’s stock, valued at approximately $10,847,000.
Other hedge funds have also recently added to or reduced their stakes in the company. Blue Trust Inc. grew its position in Camping World by 195.
0% in the fourth quarter. Blue Trust Inc. now owns 1,534 shares of the company’s stock worth $32,000 after acquiring an additional 1,014 shares in the last quarter.
AlphaQuest LLC lifted its stake in shares of Camping World by 494.9% in the 4th quarter. AlphaQuest LLC now owns 7,865 shares of the company’s stock valued at $166,000 after purchasing an additional 6,543 shares during the last quarter.
KLP Kapitalforvaltning AS bought a new stake in Camping World in the fourth quarter worth $226,000. Proficio Capital Partners LLC acquired a new position in Camping World during the fourth quarter worth $239,000. Finally, World Investment Advisors LLC bought a new position in Camping World during the third quarter valued at about $258,000.
Institutional investors and hedge funds own 52.54% of the company’s stock. Insiders Place Their Bets In other Camping World news, President Matthew D.
Wagner acquired 5,725 shares of Camping World stock in a transaction dated Tuesday, March 4th. The stock was bought at an average cost of $17.61 per share, with a total value of $100,817.
25. Following the acquisition, the president now owns 300,640 shares of the company’s stock, valued at approximately $5,294,270.40.
The trade was a 1.94 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website .
Corporate insiders own 43.80% of the company’s stock. Camping World Stock Performance Camping World ( NYSE:CWH – Get Free Report ) last released its earnings results on Tuesday, February 25th.
The company reported ($0.55) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.55).
Camping World had a negative return on equity of 23.77% and a negative net margin of 0.40%.
The business had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.13 billion.
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 announced a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Friday, March 14th were given a $0.125 dividend.
The ex-dividend date was Friday, March 14th. This represents a $0.50 annualized dividend and a yield of 3.
96%. Camping World’s dividend payout ratio (DPR) is currently -65.79%.
Analyst Upgrades and Downgrades CWH has been the subject of several recent analyst reports. Truist Financial upped their price target on Camping World from $26.00 to $28.
00 and gave the stock a “buy” rating in a research note on Monday, February 10th. KeyCorp dropped their price target on shares of Camping World from $27.00 to $22.
00 and set an “overweight” rating on the stock in a research report on Thursday, March 20th. Robert W. Baird reaffirmed a “neutral” rating and set a $18.
00 price objective (down from $28.00) on shares of Camping World in a report on Friday, April 4th. Bank of America began 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. Finally, Baird R W cut shares of Camping World from a “strong-buy” rating to a “hold” rating in a report on Friday, April 4th.
Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, Camping World currently has a consensus rating of “Moderate Buy” and an average target price of $25.
88. Read Our Latest Research Report on Camping World About Camping World ( Free Report ) 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. Further Reading Want to see what other hedge funds are holding CWH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Camping World Holdings, Inc.
( NYSE:CWH – Free Report ). Receive News & Ratings for Camping World Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Camping World and related companies with MarketBeat.com's FREE daily email newsletter .
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