Kingswood Wealth Advisors LLC Takes $465,000 Position in Camping World Holdings, Inc. (NYSE:CWH)

Kingswood Wealth Advisors LLC bought a new stake in shares of Camping World Holdings, Inc. (NYSE:CWH) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 17,697 shares of the company’s stock, valued at approximately $465,000.

Other institutional investors also recently modified their holdings of the company. IFP Advisors Inc lifted its position in shares of Camping World by 932.8% during the 3rd quarter. IFP Advisors Inc now owns 1,291 shares of the company’s stock valued at $26,000 after acquiring an additional 1,166 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main acquired a new position in Camping World during the second quarter worth $28,000. Selway Asset Management acquired a new position in Camping World during the third quarter worth $55,000. Ensign Peak Advisors Inc acquired a new position in Camping World during the third quarter worth $70,000. Finally, Ameritas Investment Partners Inc. raised its holdings in Camping World by 19.6% during the second quarter. Ameritas Investment Partners Inc. now owns 3,454 shares of the company’s stock worth $104,000 after buying an additional 567 shares during the last quarter. Institutional investors and hedge funds own 52.54% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Marcus Lemonis sold 100,000 shares of the stock in a transaction dated Friday, March 15th. The shares were sold at an average price of $25.63, for a total value of $2,563,000.00. Following the sale, the chief executive officer now directly owns 405,268 shares of the company’s stock, valued at $10,387,018.84. The sale was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 44.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on CWH shares. Citigroup upped their price objective on shares of Camping World from $26.00 to $30.00 and gave the stock a “buy” rating in a report on Tuesday, January 23rd. Roth Mkm started coverage on shares of Camping World in a report on Wednesday, December 13th. They set a “buy” rating and a $30.00 price objective on the stock. Stephens restated an “overweight” rating and set a $28.00 price objective (up previously from $26.00) on shares of Camping World in a report on Wednesday, January 17th. Truist Financial upped their price objective on shares of Camping World from $25.00 to $30.00 and gave the stock a “buy” rating in a report on Tuesday, January 9th. Finally, KeyCorp increased their target price on shares of Camping World from $25.00 to $30.00 and gave the company an “overweight” rating in a report on Friday, January 12th. One research analyst has rated the stock with a sell rating, one has given a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $30.64.

Camping World Price Performance

Shares of NYSE:CWH opened at $26.90 on Thursday. The company has a quick ratio of 0.16, a current ratio of 1.21 and a debt-to-equity ratio of 7.55. The firm has a market capitalization of $2.27 billion, a PE ratio of 51.73 and a beta of 2.61. Camping World Holdings, Inc. has a twelve month low of $16.18 and a twelve month high of $32.88. The company has a 50-day moving average price of $25.91 and a two-hundred day moving average price of $23.08.

Camping World (NYSE:CWH) last issued its earnings results on Wednesday, February 21st. The company reported ($0.53) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.59) by $0.06. The firm had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.15 billion. Camping World had a net margin of 0.50% and a return on equity of 16.62%. The company’s quarterly revenue was down 13.4% on a year-over-year basis. During the same quarter last year, the business earned ($0.33) earnings per share. Equities analysts forecast that Camping World Holdings, Inc. will post 1.06 EPS for the current year.

Camping World Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 29th. Shareholders of record on Thursday, March 14th will be given a dividend of $0.125 per share. The ex-dividend date of this dividend is Wednesday, March 13th. This represents a $0.50 dividend on an annualized basis and a yield of 1.86%. Camping World’s dividend payout ratio is presently 96.16%.

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.