Truvestments Capital LLC Sells 636 Shares of Camping World Holdings, Inc. (NYSE:CWH)

Truvestments Capital LLC decreased its holdings in shares of Camping World Holdings, Inc. (NYSE:CWH) by 9.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 6,195 shares of the company’s stock after selling 636 shares during the period. Truvestments Capital LLC’s holdings in Camping World were worth $131,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Camelot Portfolios LLC increased its position in shares of Camping World by 3.7% in the 4th quarter. Camelot Portfolios LLC now owns 14,100 shares of the company’s stock valued at $297,000 after buying an additional 500 shares in the last quarter. Blue Trust Inc. increased its position in shares of Camping World by 195.0% in the 4th quarter. Blue Trust Inc. now owns 1,534 shares of the company’s stock valued at $32,000 after buying an additional 1,014 shares in the last quarter. Quest Partners LLC increased its holdings in Camping World by 5,647.8% during the 3rd quarter. Quest Partners LLC now owns 1,322 shares of the company’s stock worth $32,000 after purchasing an additional 1,299 shares in the last quarter. Telos Capital Management Inc. increased its holdings in Camping World by 36.4% during the 4th quarter. Telos Capital Management Inc. now owns 15,000 shares of the company’s stock worth $316,000 after purchasing an additional 4,000 shares in the last quarter. Finally, Arizona State Retirement System increased its holdings in Camping World by 33.6% during the 4th quarter. Arizona State Retirement System now owns 16,477 shares of the company’s stock worth $347,000 after purchasing an additional 4,148 shares in the last quarter. Institutional investors own 52.54% of the company’s stock.

Insider Transactions at Camping World

In other news, President Matthew D. Wagner bought 5,725 shares of the business’s stock in a transaction that occurred on Tuesday, March 4th. The stock was acquired at an average cost of $17.61 per share, for a total transaction of $100,817.25. Following the purchase, the president now owns 300,640 shares of the company’s stock, valued at approximately $5,294,270.40. This trade represents a 1.94 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 43.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. StockNews.com upgraded Camping World from a “sell” rating to a “hold” rating in a report on Thursday, November 14th. Bank of America assumed coverage on Camping World in a report on Thursday, December 19th. They set a “buy” rating and a $30.00 target price for the company. Finally, Truist Financial increased their target price on Camping World from $26.00 to $28.00 and gave the stock a “buy” rating in a report on Monday, February 10th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $27.71.

Camping World Trading Down 0.4 %

Camping World stock opened at $16.49 on Thursday. The firm has a 50-day moving average of $21.46 and a 200-day moving average of $22.37. Camping World Holdings, Inc. has a one year low of $15.39 and a one year high of $28.33. 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 company has a market cap of $1.68 billion, a price-to-earnings ratio of -23.90, a P/E/G ratio of 0.92 and a beta of 2.57.

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

Camping World Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Friday, March 14th will be paid a dividend of $0.125 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.03%. Camping World’s dividend payout ratio is -65.79%.

Camping World 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.