Raymond James Financial Services Advisors Inc. Raises Holdings in Camping World Holdings, Inc. (NYSE:CWH)

Raymond James Financial Services Advisors Inc. increased its position in shares of Camping World Holdings, Inc. (NYSE:CWH – Get Rating) by 3.7% in the 4th quarter, Holdings Channel reports. The firm owned 93,696 shares of the company’s stock after purchasing an additional 3,382 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Camping World were worth $2,091,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Arizona State Retirement System grew its holdings in Camping World by 4.2% in the 4th quarter. Arizona State Retirement System now owns 11,219 shares of the company’s stock valued at $250,000 after buying an additional 456 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Camping World by 9.5% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,337 shares of the company’s stock valued at $141,000 after buying an additional 552 shares in the last quarter. Private Advisor Group LLC grew its holdings in Camping World by 2.6% in the 4th quarter. Private Advisor Group LLC now owns 31,637 shares of the company’s stock valued at $706,000 after buying an additional 787 shares in the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main purchased a new stake in Camping World in the 2nd quarter valued at $28,000. Finally, UBS Asset Management Americas Inc. grew its holdings in Camping World by 2.4% in the 2nd quarter. UBS Asset Management Americas Inc. now owns 46,484 shares of the company’s stock valued at $1,004,000 after buying an additional 1,070 shares in the last quarter. 36.92% of the stock is currently owned by hedge funds and other institutional investors.

Camping World Price Performance

CWH opened at $27.45 on Thursday. The stock’s 50-day moving average price is $22.37 and its 200 day moving average price is $23.87. Camping World Holdings, Inc. has a 12-month low of $18.69 and a 12-month high of $33.99. The company has a current ratio of 1.39, a quick ratio of 0.21 and a debt-to-equity ratio of 7.30. The firm has a market cap of $2.30 billion, a price-to-earnings ratio of 12.25 and a beta of 2.55.

Camping World (NYSE:CWH – Get Rating) last posted its earnings results on Tuesday, May 2nd. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.13) by $0.22. Camping World had a return on equity of 41.01% and a net margin of 1.40%. The firm had revenue of $1.49 billion for the quarter, compared to analyst estimates of $1.50 billion. As a group, sell-side analysts expect that Camping World Holdings, Inc. will post 1.14 earnings per share for the current year.

Camping World Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 29th. Shareholders of record on Tuesday, March 14th were issued a dividend of $0.625 per share. The ex-dividend date was Monday, March 13th. This represents a $2.50 annualized dividend and a yield of 9.11%. Camping World’s dividend payout ratio (DPR) is 111.61%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on CWH. BMO Capital Markets raised Camping World from a “market perform” rating to an “outperform” rating and upped their price target for the company from $26.00 to $35.00 in a research note on Wednesday. Raymond James decreased their price target on Camping World from $28.00 to $27.00 in a research note on Thursday, May 4th. StockNews.com began coverage on Camping World in a research note on Thursday, May 18th. They issued a “hold” rating on the stock. TheStreet lowered Camping World from a “b-” rating to a “c” rating in a research note on Tuesday, February 21st. Finally, Stephens reaffirmed an “overweight” rating and issued a $31.00 price target on shares of Camping World in a research note on Wednesday, February 22nd. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $30.86.

Camping World Company Profile

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Camping World Holdings, Inc operates as a retailer of recreational vehicles (RV) and related products and services. It operates through the following segments: Good Sam Services & Plans, and RV & Outdoor Retail. The Good Sam Services & Plans segment consists of programs, plans, and services that are geared towards protecting, insuring, and promoting the RV lifestyle.