Invictus RG Takes Position in Camping World Holdings Inc (CWH)

Invictus RG bought a new stake in shares of Camping World Holdings Inc (NYSE:CWH) during the 3rd quarter, according to its most recent filing with the SEC. The firm bought 7,409 shares of the company’s stock, valued at approximately $302,000.

Several other large investors also recently made changes to their positions in the stock. Pier Capital LLC purchased a new stake in shares of Camping World during the 3rd quarter valued at about $6,850,000. OxFORD Asset Management LLP raised its holdings in shares of Camping World by 14.8% during the 3rd quarter. OxFORD Asset Management LLP now owns 133,703 shares of the company’s stock valued at $5,444,000 after buying an additional 17,239 shares during the period. Elk Creek Partners LLC raised its holdings in shares of Camping World by 22.5% during the 3rd quarter. Elk Creek Partners LLC now owns 287,278 shares of the company’s stock valued at $11,704,000 after buying an additional 52,776 shares during the period. Schwab Charles Investment Management Inc. raised its holdings in shares of Camping World by 43.2% during the 3rd quarter. Schwab Charles Investment Management Inc. now owns 106,903 shares of the company’s stock valued at $4,356,000 after buying an additional 32,260 shares during the period. Finally, Mckinley Capital Management LLC Delaware purchased a new stake in shares of Camping World during the 3rd quarter valued at about $3,114,000. Institutional investors and hedge funds own 33.98% of the company’s stock.

CWH has been the topic of several analyst reports. Monness Crespi & Hardt reiterated a “buy” rating and set a $47.00 target price (up from $40.00) on shares of Camping World in a report on Tuesday, October 24th. Zacks Investment Research upgraded Camping World from a “hold” rating to a “buy” rating and set a $47.00 price objective for the company in a research note on Wednesday, November 1st. Stephens raised their price objective on Camping World from $44.00 to $50.00 and gave the company an “overweight” rating in a research note on Monday, October 30th. Robert W. Baird restated a “buy” rating and set a $40.00 price objective on shares of Camping World in a research note on Friday, October 27th. Finally, BMO Capital Markets restated an “outperform” rating and set a $53.00 price objective (up previously from $40.00) on shares of Camping World in a research note on Monday, October 30th. Thirteen analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $44.88.

In related news, insider Brent L. Moody sold 35,254 shares of the firm’s stock in a transaction that occurred on Monday, October 2nd. The stock was sold at an average price of $40.46, for a total value of $1,426,376.84. Following the sale, the insider now owns 83,124 shares of the company’s stock, valued at approximately $3,363,197.04. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Marcus Lemonis sold 700,000 shares of the firm’s stock in a transaction that occurred on Monday, October 30th. The stock was sold at an average price of $40.50, for a total value of $28,350,000.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 7,832,608 shares of company stock valued at $317,893,384. Insiders own 66.60% of the company’s stock.

Shares of Camping World Holdings Inc (NYSE CWH) traded down $0.65 on Friday, hitting $44.73. The stock had a trading volume of 371,864 shares, compared to its average volume of 477,081. The firm has a market cap of $3,964.53, a price-to-earnings ratio of 22.59, a price-to-earnings-growth ratio of 1.20 and a beta of 3.90. The company has a current ratio of 1.29, a quick ratio of 0.29 and a debt-to-equity ratio of 2.74. Camping World Holdings Inc has a one year low of $26.30 and a one year high of $47.62.

Camping World (NYSE:CWH) last issued its earnings results on Thursday, November 9th. The company reported $0.77 EPS for the quarter, topping the consensus estimate of $0.66 by $0.11. The company had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.20 billion. Camping World had a return on equity of 116.85% and a net margin of 1.20%. The business’s revenue was up 25.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.53 EPS. sell-side analysts forecast that Camping World Holdings Inc will post 2.29 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, December 29th. Stockholders of record on Friday, December 15th were given a $0.08 dividend. The ex-dividend date was Thursday, December 14th. This represents a $0.32 annualized dividend and a dividend yield of 0.72%. Camping World’s payout ratio is 16.16%.

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About Camping World

Camping World Holdings, Inc is a provider of a portfolio of services, protection plans, products and resources for recreational vehicle (RV) enthusiasts. The Company operates through two segments: Consumer Services and Plans, and Retail. Within the Consumer Services and Plans segment, the Company derives revenue from the sale of the offerings, including emergency roadside assistance; property and casualty insurance programs; travel assist programs; extended vehicle service contracts; co branded credit cards; vehicle financing and refinancing; club memberships, and publications and directories.

Institutional Ownership by Quarter for Camping World (NYSE:CWH)

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