Camping World Holdings, Inc. (NYSE:CWH) Shares Sold by Quadrature Capital Ltd

Quadrature Capital Ltd lowered its holdings in Camping World Holdings, Inc. (NYSE:CWH) by 50.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 19,292 shares of the company’s stock after selling 19,587 shares during the quarter. Quadrature Capital Ltd’s holdings in Camping World were worth $467,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in CWH. Quest Partners LLC boosted its position in shares of Camping World by 5,647.8% in the 3rd quarter. Quest Partners LLC now owns 1,322 shares of the company’s stock worth $32,000 after buying an additional 1,299 shares in the last quarter. Point72 DIFC Ltd acquired a new position in shares of Camping World during the 2nd quarter worth approximately $50,000. Truvestments Capital LLC purchased a new stake in Camping World in the 3rd quarter valued at approximately $165,000. nVerses Capital LLC acquired a new stake in Camping World during the 3rd quarter valued at $191,000. Finally, Blueshift Asset Management LLC purchased a new position in Camping World during the third quarter worth $214,000. 52.54% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

CWH has been the topic of a number of analyst reports. StockNews.com raised Camping World from a “sell” rating to a “hold” rating in a research note on Thursday, November 14th. Monness Crespi & Hardt lifted their target price on shares of Camping World from $24.00 to $30.00 and gave the stock a “buy” rating in a research note on Friday, September 27th. Raymond James upgraded Camping World from a “market perform” rating to an “outperform” rating and set a $27.00 price target for the company in a report on Wednesday, October 30th. KeyCorp raised their target price on shares of Camping World from $25.00 to $27.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 30th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $24.00 price target (down previously from $25.00) on shares of Camping World in a research report on Monday, October 21st. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Camping World has a consensus rating of “Moderate Buy” and an average price target of $27.75.

Camping World Trading Up 1.1 %

Shares of CWH stock opened at $24.96 on Tuesday. The company has a quick ratio of 0.19, a current ratio of 1.23 and a debt-to-equity ratio of 9.67. Camping World Holdings, Inc. has a fifty-two week low of $17.29 and a fifty-two week high of $28.72. The firm’s 50 day moving average price is $23.12 and its two-hundred day moving average price is $21.60. The stock has a market cap of $2.12 billion, a price-to-earnings ratio of -36.17 and a beta of 2.49.

Camping World Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Friday, December 13th will be issued a dividend of $0.125 per share. The ex-dividend date is Friday, December 13th. This represents a $0.50 annualized dividend and a dividend yield of 2.00%. Camping World’s payout ratio is -72.46%.

Insider Activity at Camping World

In other news, CEO Marcus Lemonis sold 125,000 shares of the company’s stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $22.84, for a total value of $2,855,000.00. Following the completion of the sale, the chief executive officer now owns 155,268 shares of the company’s stock, valued at $3,546,321.12. This represents a 44.60 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 43.80% of the stock is owned by insiders.

Camping World Company 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.