World Investment Advisors LLC Buys Shares of 10,642 Camping World Holdings, Inc. (NYSE:CWH)

World Investment Advisors LLC bought a new position in Camping World Holdings, Inc. (NYSE:CWH) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 10,642 shares of the company’s stock, valued at approximately $258,000.

Several other hedge funds have also modified their holdings of CWH. Eminence Capital LP raised its stake in shares of Camping World by 79.8% during the 2nd quarter. Eminence Capital LP now owns 4,344,303 shares of the company’s stock worth $77,589,000 after acquiring an additional 1,927,977 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Camping World by 4.5% during the third quarter. Geode Capital Management LLC now owns 978,330 shares of the company’s stock worth $23,701,000 after purchasing an additional 41,705 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Camping World by 20.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 718,578 shares of the company’s stock valued at $12,834,000 after purchasing an additional 121,022 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Camping World by 11.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 652,269 shares of the company’s stock worth $15,798,000 after purchasing an additional 65,798 shares in the last quarter. Finally, Citigroup Inc. grew its stake in Camping World by 22.6% during the 3rd quarter. Citigroup Inc. now owns 360,258 shares of the company’s stock worth $8,725,000 after buying an additional 66,355 shares during the last quarter. 52.54% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have commented on CWH shares. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $24.00 price target (down from $25.00) on shares of Camping World in a research note on Monday, October 21st. Raymond James raised shares of Camping World from a “market perform” rating to an “outperform” rating and set a $27.00 price objective for the company in a research report on Wednesday, October 30th. Monness Crespi & Hardt boosted their target price on shares of Camping World from $24.00 to $30.00 and gave the stock a “buy” rating in a research report on Friday, September 27th. Truist Financial raised their price target on shares of Camping World from $26.00 to $28.00 and gave the stock a “buy” rating in a report on Friday, September 20th. Finally, KeyCorp boosted their price objective on shares of Camping World from $25.00 to $27.00 and gave the company an “overweight” rating in a report on Wednesday, October 30th. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, Camping World presently has a consensus rating of “Moderate Buy” and an average price target of $27.75.

Camping World Stock Down 3.5 %

CWH stock opened at $21.00 on Thursday. 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 firm’s fifty day simple moving average is $23.09 and its 200-day simple moving average is $21.75. Camping World Holdings, Inc. has a 12 month low of $17.29 and a 12 month high of $28.72. The company has a market capitalization of $1.78 billion, a P/E ratio of -30.43 and a beta of 2.49.

Camping World Dividend Announcement

The business also recently declared 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 annualized dividend and a yield of 2.38%. The ex-dividend date is Friday, December 13th. Camping World’s dividend payout ratio is currently -72.46%.

About Camping World

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.