Advisors Asset Management Inc. Has $6.51 Million Holdings in Camping World Holdings, Inc. (NYSE:CWH)

Advisors Asset Management Inc. reduced its stake in shares of Camping World Holdings, Inc. (NYSE:CWH) by 29.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 233,903 shares of the company’s stock after selling 97,260 shares during the quarter. Advisors Asset Management Inc.’s holdings in Camping World were worth $6,514,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of CWH. Eminence Capital LP acquired a new position in Camping World during the 4th quarter valued at $37,451,000. Wealth Enhancement Advisory Services LLC acquired a new position in shares of Camping World in the 1st quarter valued at $9,403,000. Kingsview Wealth Management LLC raised its stake in shares of Camping World by 479.8% in the 4th quarter. Kingsview Wealth Management LLC now owns 172,618 shares of the company’s stock valued at $4,533,000 after buying an additional 142,846 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Camping World by 3.1% in the 4th quarter. Vanguard Group Inc. now owns 4,035,275 shares of the company’s stock valued at $105,966,000 after buying an additional 122,856 shares in the last quarter. Finally, TCG Advisory Services LLC acquired a new position in shares of Camping World in the 4th quarter valued at $2,203,000. 52.54% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

CWH has been the subject of a number of recent research reports. KeyCorp dropped their price objective on shares of Camping World from $30.00 to $26.00 and set an “overweight” rating for the company in a research note on Friday, May 3rd. StockNews.com cut shares of Camping World from a “hold” rating to a “sell” rating in a research note on Friday, May 10th. Roth Mkm restated a “buy” rating and issued a $28.00 price objective (down previously from $30.00) on shares of Camping World in a research note on Friday, May 3rd. Monness Crespi & Hardt dropped their price objective on shares of Camping World from $29.00 to $24.00 and set a “buy” rating for the company in a research note on Wednesday, June 26th. Finally, Truist Financial dropped their price objective on shares of Camping World from $30.00 to $28.00 and set a “buy” rating for the company in a research note on Friday, May 3rd. One investment analyst has rated the stock with a sell rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, Camping World presently has an average rating of “Moderate Buy” and an average price target of $26.88.

Camping World Price Performance

NYSE:CWH traded up $1.03 during mid-day trading on Friday, reaching $22.51. 909,402 shares of the company were exchanged, compared to its average volume of 979,473. Camping World Holdings, Inc. has a 12 month low of $16.18 and a 12 month high of $32.54. The company has a fifty day moving average of $19.49 and a 200 day moving average of $22.90. The company has a quick ratio of 0.17, a current ratio of 1.19 and a debt-to-equity ratio of 11.24. The stock has a market cap of $1.90 billion, a PE ratio of -537.37 and a beta of 2.54.

Camping World (NYSE:CWH) last issued its quarterly earnings data on Wednesday, May 1st. The company reported ($0.46) EPS for the quarter, missing analysts’ consensus estimates of ($0.45) by ($0.01). Camping World had a negative return on equity of 2.39% and a net margin of 0.09%. The company had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.43 billion. On average, research analysts anticipate that Camping World Holdings, Inc. will post 0.79 EPS for the current fiscal year.

Camping World Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 27th. Stockholders of record on Thursday, June 13th were paid a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 2.22%. The ex-dividend date of this dividend was Thursday, June 13th. Camping World’s dividend payout ratio (DPR) is presently -1,249.69%.

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.