Camping World Holdings Inc. (CWH) Shares Bought by American Century Companies Inc.
American Century Companies Inc. increased its position in shares of Camping World Holdings Inc. (NYSE:CWH) by 19.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 533,203 shares of the company’s stock after buying an additional 86,384 shares during the period. American Century Companies Inc. owned approximately 2.76% of Camping World Holdings worth $16,449,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Teachers Advisors LLC bought a new position in Camping World Holdings during the fourth quarter worth approximately $882,000. Nationwide Fund Advisors increased its position in Camping World Holdings by 16.0% in the first quarter. Nationwide Fund Advisors now owns 7,205 shares of the company’s stock worth $232,000 after buying an additional 993 shares in the last quarter. Acadian Asset Management LLC bought a new position in Camping World Holdings during the first quarter worth approximately $287,000. State of New Jersey Common Pension Fund D increased its position in Camping World Holdings by 25.2% in the first quarter. State of New Jersey Common Pension Fund D now owns 81,400 shares of the company’s stock worth $2,624,000 after buying an additional 16,400 shares in the last quarter. Finally, First Trust Advisors LP bought a new position in Camping World Holdings during the first quarter worth approximately $3,193,000. 92.27% of the stock is owned by institutional investors.
Shares of Camping World Holdings Inc. (NYSE:CWH) opened at 37.78 on Friday. The firm’s market cap is $1.11 billion. The company’s 50-day moving average is $33.67 and its 200-day moving average is $31.55. Camping World Holdings Inc. has a 52-week low of $20.45 and a 52-week high of $37.92.
Camping World Holdings (NYSE:CWH) last posted its quarterly earnings results on Thursday, August 10th. The company reported $0.84 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.69 by $0.15. Camping World Holdings had a negative return on equity of 319.74% and a net margin of 2.51%. The company had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.16 billion. During the same period last year, the business earned $0.65 EPS. The business’s quarterly revenue was up 20.1% on a year-over-year basis. Equities research analysts forecast that Camping World Holdings Inc. will post $2.08 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 15th will be paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.85%. The ex-dividend date of this dividend is Thursday, September 14th. Camping World Holdings’s dividend payout ratio (DPR) is presently 14.29%.
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A number of research analysts have recently commented on CWH shares. Zacks Investment Research downgraded shares of Camping World Holdings from a “hold” rating to a “sell” rating in a research note on Tuesday, May 9th. ValuEngine raised shares of Camping World Holdings from a “hold” rating to a “buy” rating in a research note on Thursday, May 25th. Wells Fargo & Company raised shares of Camping World Holdings from a “market perform” rating to an “outperform” rating and set a $32.00 price objective for the company in a research note on Tuesday, May 30th. Credit Suisse Group reaffirmed an “outperform” rating and set a $36.00 price objective on shares of Camping World Holdings in a research note on Friday, June 2nd. Finally, Goldman Sachs Group, Inc. (The) raised shares of Camping World Holdings from a “neutral” rating to a “buy” rating and increased their target price for the stock from $30.00 to $34.00 in a research report on Friday, June 9th. Thirteen research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $36.62.
In other news, Director Crestview Partners Ii Gp, L.P. sold 825,000 shares of the firm’s stock in a transaction dated Friday, June 9th. The stock was sold at an average price of $27.75, for a total transaction of $22,893,750.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Thomas F. Wolfe sold 42,854 shares of the firm’s stock in a transaction dated Monday, July 17th. The stock was sold at an average price of $32.16, for a total value of $1,378,184.64. Following the sale, the chief financial officer now directly owns 78,974 shares of the company’s stock, valued at $2,539,803.84. The disclosure for this sale can be found here. Insiders have sold a total of 1,250,550 shares of company stock valued at $36,367,776 over the last ninety days. Company insiders own 66.60% of the company’s stock.
About Camping World Holdings
Camping World Holdings, Inc is a provider of a portfolio of services, protection plans, products and resources for recreational vehicle (RV) enthusiasts. The Company operates through two segments: Consumer Services and Plans, and Retail. Within the Consumer Services and Plans segment, the Company derives revenue from the sale of the offerings, including emergency roadside assistance; property and casualty insurance programs; travel assist programs; extended vehicle service contracts; co branded credit cards; vehicle financing and refinancing; club memberships, and publications and directories.
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