Venture Visionary Partners LLC Cuts Position in Camping World Holdings, Inc. (NYSE:CWH)

Venture Visionary Partners LLC trimmed its position in shares of Camping World Holdings, Inc. (NYSE:CWH) by 90.1% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 10,474 shares of the company’s stock after selling 95,086 shares during the quarter. Venture Visionary Partners LLC’s holdings in Camping World were worth $254,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. Moors & Cabot Inc. grew its position in Camping World by 2.9% during the 2nd quarter. Moors & Cabot Inc. now owns 19,065 shares of the company’s stock worth $340,000 after purchasing an additional 531 shares during the last quarter. Creative Planning grew its holdings in shares of Camping World by 8.7% during the third quarter. Creative Planning now owns 11,133 shares of the company’s stock valued at $270,000 after buying an additional 892 shares during the last quarter. Commonwealth Equity Services LLC increased its position in shares of Camping World by 4.3% in the 1st quarter. Commonwealth Equity Services LLC now owns 31,778 shares of the company’s stock valued at $885,000 after acquiring an additional 1,323 shares during the period. Price T Rowe Associates Inc. MD raised its stake in Camping World by 8.2% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 19,560 shares of the company’s stock worth $545,000 after acquiring an additional 1,477 shares during the last quarter. Finally, The Manufacturers Life Insurance Company lifted its position in Camping World by 7.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 22,872 shares of the company’s stock worth $408,000 after acquiring an additional 1,491 shares during the period. 52.54% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on CWH. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $24.00 price objective (down from $25.00) on shares of Camping World in a report on Monday. Roth Mkm reduced their price target on shares of Camping World from $28.00 to $26.00 and set a “buy” rating for the company in a research report on Monday, August 5th. KeyCorp dropped their price objective on shares of Camping World from $26.00 to $25.00 and set an “overweight” rating on the stock in a report on Friday, August 2nd. Truist Financial raised their target price 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, Monness Crespi & Hardt upped their price target on shares of Camping World from $24.00 to $30.00 and gave the company a “buy” rating in a report on Friday, September 27th. One analyst has rated the stock with a sell rating, one has issued a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $27.29.

Insider Activity at Camping World

In other Camping World news, CEO Marcus Lemonis sold 125,000 shares of the stock in a transaction on Friday, September 13th. The shares were sold at an average price of $22.84, for a total transaction of $2,855,000.00. Following the transaction, the chief executive officer now directly owns 155,268 shares of the company’s stock, valued at $3,546,321.12. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 43.80% of the stock is owned by corporate insiders.

Camping World Stock Down 2.1 %

CWH opened at $20.82 on Thursday. The company has a fifty day moving average of $22.70 and a two-hundred day moving average of $21.25. The stock has a market capitalization of $1.76 billion, a price-to-earnings ratio of -520.50 and a beta of 2.47. Camping World Holdings, Inc. has a fifty-two week low of $16.18 and a fifty-two week high of $28.72. The company has a debt-to-equity ratio of 10.08, a quick ratio of 0.19 and a current ratio of 1.19.

Camping World (NYSE:CWH) last announced its quarterly earnings results on Wednesday, July 31st. The company reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.10). The business had revenue of $1.80 billion during the quarter, compared to analysts’ expectations of $1.87 billion. Camping World had a negative net margin of 0.22% and a negative return on equity of 10.04%. Camping World’s revenue for the quarter was down 5.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.60 EPS. On average, research analysts expect that Camping World Holdings, Inc. will post -0.6 earnings per share for the current year.

Camping World Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 25th. Stockholders of record on Friday, September 13th were given a dividend of $0.125 per share. The ex-dividend date was Friday, September 13th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.40%. Camping World’s dividend payout ratio (DPR) is -1,250.00%.

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.